Civic Intelligence

Cushing Housing Inc.

990 • Fiscal year 2025 • EIN 73-1211790

Jan 01, 2025 to Dec 31, 2025 • Filed on Mar 28, 2026

398060 W 2200 RdBartlesville, OK 74006

(918) 333-2244

Siviq Scores

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

Liabilities / Assets

99th percentile

2.66x

Higher debt load relative to assets than 99% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

96th percentile

2.78x

Higher debt load relative to revenue than 96% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

56th percentile

7.3%

Higher net margin than 56% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

44th percentile

1.8%

Faster asset growth than 44% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

37th percentile

-0.3%

Faster revenue growth than 37% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$505,519

Up $9,121 (+1.8%) from 2024

Net Assets

Up

-$841,449

Up $35,406 (+4.0%) from 2024

Liabilities

Down

$1,346,968

Down $26,285 (-1.9%) from 2024

Revenue

Down

$484,074

Down $1,649 (-0.3%) from 2024

Expenses

Down

$448,668

Down $124,523 (-22%) from 2024

Net Income

Up

$35,406

Up $122,874 (+140%) from 2024

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $729,945Liabilities 2011: $1,106,371Net Assets 2011: -$376,4262011Assets 2013: $980,360Liabilities 2013: $1,443,575Net Assets 2013: -$463,2152013Assets 2014: $909,240Liabilities 2014: $1,424,929Net Assets 2014: -$515,6892014Assets 2016: $798,854Liabilities 2016: $1,395,412Net Assets 2016: -$596,5582016Assets 2017: $805,020Liabilities 2017: $1,391,747Net Assets 2017: -$586,7272017Assets 2018: $750,857Liabilities 2018: $1,367,079Net Assets 2018: -$616,2222018Assets 2019: $726,939Liabilities 2019: $1,334,655Net Assets 2019: -$607,7162019Assets 2020: $730,739Liabilities 2020: $1,295,352Net Assets 2020: -$564,6132020Assets 2021: $681,994Liabilities 2021: $1,189,265Net Assets 2021: -$507,2712021Assets 2022: $709,585Liabilities 2022: $1,144,795Net Assets 2022: -$435,2102022Assets 2023: $550,741Liabilities 2023: $1,340,128Net Assets 2023: -$789,3872023Assets 2024: $496,398Liabilities 2024: $1,373,253Net Assets 2024: -$876,8552024Assets 2025: $505,519Liabilities 2025: $1,346,968Net Assets 2025: -$841,4492025

Highlighted filing

2025

Assets$505,519
Liabilities$1,346,968
Net Assets-$841,449

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $338,5442011Revenue 2013: $316,071Expenses 2013: $340,639Net Income 2013: -$24,5682013Revenue 2014: $298,188Expenses 2014: $350,659Net Income 2014: -$52,4712014Revenue 2016: $316,110Expenses 2016: $354,514Net Income 2016: -$38,4042016Revenue 2017: $416,913Expenses 2017: $407,082Net Income 2017: $9,8312017Revenue 2018: $417,101Expenses 2018: $446,596Net Income 2018: -$29,4952018Revenue 2019: $397,157Expenses 2019: $388,651Net Income 2019: $8,5062019Revenue 2020: $418,009Expenses 2020: $374,908Net Income 2020: $43,1012020Revenue 2021: $468,699Expenses 2021: $411,357Net Income 2021: $57,3422021Revenue 2022: $480,762Expenses 2022: $408,701Net Income 2022: $72,0612022Revenue 2023: $422,673Expenses 2023: $776,850Net Income 2023: -$354,1772023Revenue 2024: $485,723Expenses 2024: $573,191Net Income 2024: -$87,4682024Revenue 2025: $484,074Expenses 2025: $448,668Net Income 2025: $35,4062025

Highlighted filing

2025

Revenue$484,074
Expenses$448,668
Net Income$35,406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 28, 2026
Return Version
2025v4.0
Gross Receipts
$484,074
Mission and Program Overview

Mission

Providing housing facilities and related services to elderly persons under the national housing act of 1959.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$391,657$386,809▼ $4,848
Prepaid Expenses and Deferred Charges$18,337$15,023▼ $3,314
Cash and Non-Interest-Bearing Accounts$13,862$4,406▼ $9,456
Accounts Receivable$2,265$1,261▼ $1,004
Total Assets$496,398$505,519▲ $9,121
Other Assets Total$70,277$98,020▲ $27,743
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,057,868$1,029,440▼ $28,428
Other Liabilities$298,559$290,673▼ $7,886
Accounts Payable and Accrued Expenses$15,986$23,498▲ $7,512
Deferred Revenue$840$3,357▲ $2,517
Total Liabilities$1,373,253$1,346,968▼ $26,285
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-876,855$-841,449▲ $35,406
Total Net Assets Fund Balance$-876,855$-841,449▲ $35,406
Total Liabilities and Net Assets / Fund Balance$496,398$505,519▲ $9,121

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$256,674$1,493,701$1,750,375
Equipment$60,135$230,253$290,388
Land$70,000-$70,000
Other Assets Org$6,248--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David NickelPresident
Gary LorenzBoard Member
Samual J HillBoard Member
Thad KentBoard Member
Thomas a GormanSecretary
James E Webb JrVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$483,455
Investment Income
$618
Other Revenue
$1
Change in Net Assets
$35,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$484,074
Total Revenue per Audited Statements
$484,074
Total Revenue per Form 990
$484,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$56,520--$56,520
Depreciation Depletion$53,108--$53,108
All Other Expenses$42,084$9,912-$51,996
Interest$51,638--$51,638
Fees for Services Management-$26,768-$26,768
Office Expenses$15,645--$15,645
Insurance$12,972--$12,972
Other Expenses$10,567--$10,567
Fees for Services Accounting-$3,864-$3,864
Fees for Services Legal$324--$324
Conferences and Meetings$150--$150
Total Functional Expenses$408,124$40,544$0$448,668

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$448,668
Total Expenses per Audited Statements$448,668
Total Expenses per Form 990$448,668
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
Voluntary Compliance Agreement - Hud$275,300
Tenant Deposits$11,395
Accrued Interest Expense$3,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
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

Gorman management company bartlesville, ok

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

Copy of the return and the audit are presented to the board at the same meeting.

Form 990, Page 6, Part VI, Line 19

Documents are available by electronic transmission or in-person review upon written request and advance notification.

Filing and Contact Details

Filer

Filer Name
Cushing Housing Inc
EIN
73-1211790
Phone
9183332244
Address
398060 W 2200 RD, BARTLESVILLE, OK 74006
Doing Business As
Cimmaron Tower Apartments

Signing Officer

Name
Thomas a Gorman
Title
Secretary
Phone
9183332244
Signed
2026-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Nickel
Formed
1984
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Stotts Archambo Mueggenborg & Barclay Pc
Address
302 SE OSAGE AVE, BARTLESVILLE, OK 74003-3931
Preparer
Jim G Nichols
Phone
9183360008
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Exterminating 8,715 0 0 elevator maintenance 8,278 0 0 misc. Admin. Expenses 8,045 0 0 auditing fees 0 6,600 0 trash removal 5,153 0 0 mip insurance 5,003 0 0 security 4,391 0 0 non-profit add-on fees 0 3,312 0 bad debt expense 1,034 0 0 furniture & equip rental 831 0 0 misc. Taxes and insurance 551 0 0 fidelity bond 83 0 0 total 42,084 9,912 0

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01787
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt023379
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023379
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98900
IRS990ScheduleA/PublicSupportPY509Pct00.98890
IRS990ScheduleA/PublicSupportTotal509Amt02257497
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0483456
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0461535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0422377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0480597
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0409532
IRS990ScheduleA/Total509Grp/TotalAmt02257497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0484074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0485723
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0422673
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0480661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0409532
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02282663
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0256674
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01493701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01750375
IRS990ScheduleD/EquipmentGrp/BookValueAmt060135
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0230253
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0290388
IRS990ScheduleD/ExpensesSubtotalAmt0448668
IRS990ScheduleD/LandGrp/BookValueAmt070000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt069388
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt115648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26736
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36248
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc21ST RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MORTGAGE ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0VOLUNTARY COMPLIANCE AGREEMENT - HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST EXPENSE
IRS990ScheduleD/RevenueSubtotalAmt0484074
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0386809
IRS990ScheduleD/TotalBookValueOtherAssetsAmt098020
IRS990ScheduleD/TotalExpensesPerForm990Amt0448668
IRS990ScheduleD/TotalLiabilityAmt0290673
IRS990ScheduleD/TotalRevenuePerForm990Amt0484074
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0484074
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0448668
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GORMAN MANAGEMENT COMPANY BARTLESVILLE, OK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF THE RETURN AND THE AUDIT ARE PRESENTED TO THE BOARD AT THE SAME MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE BY ELECTRONIC TRANSMISSION OR IN-PERSON REVIEW UPON WRITTEN REQUEST AND ADVANCE NOTIFICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXTERMINATING 8,715 0 0 ELEVATOR MAINTENANCE 8,278 0 0 MISC. ADMIN. EXPENSES 8,045 0 0 AUDITING FEES 0 6,600 0 TRASH REMOVAL 5,153 0 0 MIP INSURANCE 5,003 0 0 SECURITY 4,391 0 0 NON-PROFIT ADD-ON FEES 0 3,312 0 BAD DEBT EXPENSE 1,034 0 0 FURNITURE & EQUIP RENTAL 831 0 0 MISC. TAXES AND INSURANCE 551 0 0 FIDELITY BOND 83 0 0 TOTAL 42,084 9,912 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0496398
IRS990/TotalAssetsEOYAmt0505519
IRS990/TotalAssetsGrp/BOYAmt0496398
IRS990/TotalAssetsGrp/EOYAmt0505519
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040544
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0408124
IRS990/TotalFunctionalExpensesGrp/TotalAmt0448668
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01373253
IRS990/TotalLiabilitiesEOYAmt01346968
IRS990/TotalLiabilitiesGrp/BOYAmt01373253
IRS990/TotalLiabilitiesGrp/EOYAmt01346968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-876855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-841449
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0225
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0225
IRS990/TotalProgramServiceExpensesAmt0408124
IRS990/TotalProgramServiceRevenueAmt0483455
IRS990/TotalRevenueGrp/ExclusionAmt0618
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0483456
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0484074
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0496398
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0505519
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02110 SE GLYNNWOOD DR
IRS990/USAddress/CityNm0BARTLESVILLE
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074006
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS A GORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09183332244
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CUSHING HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0CUSH
ReturnHeader/Filer/EIN0731211790
ReturnHeader/Filer/PhoneNum09183332244
ReturnHeader/Filer/USAddress/AddressLine1Txt0398060 W 2200 RD
ReturnHeader/Filer/USAddress/CityNm0BARTLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471209122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOTTS ARCHAMBO MUEGGENBORG & BARCLAY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 SE OSAGE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BARTLESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0740033931
ReturnHeader/PreparerPersonGrp/PhoneNum09183360008
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIM G NICHOLS
ReturnHeader/ReturnTs02026-03-28T09:56:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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