Civic Intelligence

Chiara Communities Inc.

990 • Fiscal year 2020 • EIN 72-1525725

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

Organization Profilecapricommunities.com
20875 Crossroads Cirle Ste 400Waukesha, WI 53186

(414) 861-7054

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

5.21x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

8th percentile

-32%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

23rd percentile

-0.7%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

7.5%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$165,701,063

Down $1,218,159 (-0.7%) from 2019

Net Assets

Up

-$1,108,665

Up $962,440 (+46%) from 2019

Liabilities

Down

$166,809,728

Down $2,180,599 (-1.3%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin8th percentile

Revenue

Up

$32,047,611

Up $2,238,586 (+7.5%) from 2019

Expenses

Up

$42,445,616

Up $10,900,633 (+35%) from 2019

Net Income

Down

-$10,398,005

Down $8,662,047 (-499%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$200M$150M$100M$50M$0-$50MAssets 2018: $171,098,309Liabilities 2018: $171,433,456Net Assets 2018: -$335,1472018Assets 2019: $166,919,222Liabilities 2019: $168,990,327Net Assets 2019: -$2,071,1052019Assets 2020: $165,701,063Liabilities 2020: $166,809,728Net Assets 2020: -$1,108,6652020Assets 2021: $161,636,089Liabilities 2021: $164,735,557Net Assets 2021: -$3,099,4682021Assets 2022: $157,879,032Liabilities 2022: $162,258,009Net Assets 2022: -$4,378,9772022Assets 2023: $156,016,860Liabilities 2023: $160,338,881Net Assets 2023: -$4,322,0212023Assets 2024: $154,491,888Liabilities 2024: $157,429,405Net Assets 2024: -$2,937,5172024

Highlighted filing

2020

Assets$165,701,063
Liabilities$166,809,728
Net Assets-$1,108,665
Open 2020 Filing

Operations Trend

Revenue Growth66th percentile

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

$60M$40M$20M$0-$20MRevenue 2018: $13,522,077Expenses 2018: $13,857,224Net Income 2018: -$335,1472018Revenue 2019: $29,809,025Expenses 2019: $31,544,983Net Income 2019: -$1,735,9582019Revenue 2020: $32,047,611Expenses 2020: $42,445,616Net Income 2020: -$10,398,0052020Revenue 2021: $29,629,551Expenses 2021: $31,620,356Net Income 2021: -$1,990,8052021Revenue 2022: $33,108,780Expenses 2022: $34,388,287Net Income 2022: -$1,279,5072022Revenue 2023: $36,150,053Expenses 2023: $36,093,099Net Income 2023: $56,9542023Revenue 2024: $39,347,817Expenses 2024: $37,963,313Net Income 2024: $1,384,5042024

Highlighted filing

2020

Revenue$32,047,611
Expenses$42,445,616
Net Income-$10,398,005
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.0
Gross Receipts
$32,047,611
Mission and Program Overview

Mission

Chiara's mission is to provide affordable housing and healthcare to at risk poplulations most targeted to people who are experiencing the aging process

To provide affordable housing and care to at risk populations mainly those people experiencing the aging process

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$143,589,599$140,946,279▼ $2,643,320
Intangible Assets$9,344,051$9,639,691▲ $295,640
Cash and Non-Interest-Bearing Accounts$2,124,184$3,087,265▲ $963,081
Savings and Temporary Cash Investments$1,094,338$1,350,830▲ $256,492
Accounts Receivable$638,573$589,846▼ $48,727
Prepaid Expenses and Deferred Charges$214,925$580,311▲ $365,386
Rtn Earn Endowment Incm Other Fnds$-2,071,105$-1,108,665▲ $962,440
Total Assets$166,919,222$165,701,063▼ $1,218,159
Other Assets Total$9,913,552$9,506,841▼ $406,711
Liabilities
Tax Exempt Bond Liabilities$160,400,000$158,290,000▼ $2,110,000
Accounts Payable and Accrued Expenses$5,193,434$5,188,774▼ $4,660
Unsecured Notes Loans Payable$2,171,101$2,163,080▼ $8,021
Other Liabilities$1,028,602$823,972▼ $204,630
Deferred Revenue$197,190$343,902▲ $146,712
Total Liabilities$168,990,327$166,809,728▼ $2,180,599
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,071,105$-1,108,665▲ $962,440
Total Liabilities and Net Assets / Fund Balance$166,919,222$165,701,063▼ $1,218,159

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$126,933,116$8,428,352-
Other Land Buildings$178,281--
Land$10,600,000--
Equipment$2,993,647$1,475,594-
Leasehold Improvements$241,235$10,609-
Other Assets Org$750--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Glen ChobanPresidentDirector
Fr Timothy KitzkeDirector
Jane HoppDirector
Ricardo DiazDirector
Kathleen GaleSecretaryDirector
Russell McminnTreasurerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,165,503
Program Service Revenue
$29,857,376
Investment Income
$24,732
Other Revenue
$0
All Other Contributions
$352,403
Change in Net Assets
$-10,398,005

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,047,611
Total Revenue per Audited Statements
$32,047,611
Total Revenue per Form 990
$32,047,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,897,832
Salaries, Compensation, and Employee Benefits$9,547,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$8,771,410--$8,771,410
Other Salaries and Wages$6,509,675$1,553,862-$8,063,537
Depreciation Depletion$4,691,316--$4,691,316
Fees for Services Management-$2,147,495-$2,147,495
Fees for Services Other$1,569,800$374,712-$1,944,512
All Other Expenses$1,006,582--$1,006,582
Other Employee Benefits$651,006$155,396-$806,402
Payroll Taxes$547,223$130,622-$677,845
Office Expenses$642,732--$642,732
Information Technology$541,639--$541,639
Other Expenses$366,134--$366,134
Insurance$303,157--$303,157
Advertising-$302,062-$302,062
Fees for Services Accounting$76,555--$76,555
Travel$74,765--$74,765
Interest$8,135--$8,135
Fees for Services Legal$4,791--$4,791
Total Functional Expenses$37,781,467$4,664,149$0$42,445,616

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$31,903,977
Total Expenses per Audited Statements$31,903,977
Total Expenses per Form 990$31,903,977
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
Security Deposits$832,291
Financing Leases$72,179
Bond PremDiscount$-80,498

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASee attached bond schedule2018-07-31$161,430,000-
B----
C----
D----

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----
C----
D----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 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
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

Part VI Line 3

“Capri Communities, LLC entered into a management agreement with the Chiara”

Part VI Line 3

“Communities to supervise, operate and manage the Project”

Part VI Line 8B

“Minutes are taken at each Board Meeting and are approved at the next”

Part VI Line 8B

“meeting for accuracy”

Part VI Line 11B

“Reviewed at Board Meeting and approved”

Part VI Line 12C

“Signed agreement with each Board member requires full disclosure of any”

Part VI Line 12C

“changes that result in conflicts”

Part VI Line 18

“The corporaton has a bond issuance and therefore is subject to providing”

Part VI Line 18

“full financial disclosure on the EMMA website and to the S&P”

Part VI Line 19

“All docuemnts are available at the EMMA website per the MSRB guidelines”

Part VI, Section B, Line 11B:

“Reviewed at regularly scheduled Board meeting”

Part VI, Section B, Line 12C:

“Signed agreement, annual updates required by Board”

Part VI, Section C, Line 19:

“Information is available uopn request and thorugh EMMA”

Filing and Contact Details

Filer

Filer Name
Chiara Communities Inc
EIN
72-1525725
In Care Of
% Glen Choban
Phone
4148617054
Address
20875 Crossroads Cirle Ste 400, Waukesha, WI 53186

Signing Officer

Name
Glen Choban
Title
President
Phone
2627981244
Signed
2021-10-15

Organization Details

Principal Officer
Glen Choban
Formed
2002
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
0
Supplemental Narrative

Additional Explanations

Part V, Line 2A:

“Employs all staff through a service provider”

Part IV, Section A, Line 3

“Capri Communities, LLC”

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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1108665
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01094338
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01350830
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Began operations 7/31/18
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1PPPLoan forgiveness $1.8M
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Senior housing and care
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part II or III Line 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part II Line 10/Part III Line 12
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02165503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02165503
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0137839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034299
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0196870
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt074155713
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt029857376
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt029671186
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012262778
IRS990ScheduleA/OtherIncome170Grp/TotalAmt071791340
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02165503
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02165503
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02165503
IRS990ScheduleA/TotalSupportAmt074153713
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0126933116
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08428352
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0135361468
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02993647
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01475594
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04469241
IRS990ScheduleD/ExpensesSubtotalAmt031903977
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt010600000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt010600000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0241235
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010609
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0251844
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04766463
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12708626
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2486055
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3474819
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4832291
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5206157
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt629387
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt72293
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt8750
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Bond PI
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Debt Service Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Tax and Insurance Escrow
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Operations Maintenance Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Tenants Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Revenue Fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6Administration Fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7Project Account Fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8Surplus Fund
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0178281
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0178281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0832291
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-80498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt272179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Bond PremDiscount
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Financing Leases
IRS990ScheduleD/RevenueSubtotalAmt032047611
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0140946279
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09506841
IRS990ScheduleD/TotalExpensesPerForm990Amt031903977
IRS990ScheduleD/TotalLiabilityAmt0823972
IRS990ScheduleD/TotalRevenuePerForm990Amt032047611
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt032047611
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt031903977
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd3D
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd2false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd3false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0Issuer:Wisconsin Health and Educational Facilities Authority (WHEFA)
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1CUSIP#; 51 registered bonds - see attachment with full list
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt2Finance acquisition of 14 senior communities
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Other (A)
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1Other (A)
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc2P1, Col F (A)
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd3false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-07-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0391337855
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$165,701,063
Liabilities
$166,809,728
Net assets
-$1,108,665
Revenue
$32,047,611
Expenses
$42,445,616
Net income
-$10,398,005
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$154$157$2.94$39.3$38.0$1.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$156$160$4.32$36.2$36.1$0.06
2022Detailed filing. Detailed filing data is available for this year.$158$162$4.38$33.1$34.4$1.28
2021Detailed filing. Detailed filing data is available for this year.$162$165$3.10$29.6$31.6$1.99
2020Detailed filing. Detailed filing data is available for this year.$166$167$1.11$32.0$42.4$10.4
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$167$169$2.07$29.8$31.5$1.74
2018Summary only. Only limited summary data is available for this year.$171$171$0.34$13.5$13.9$0.34