Civic Intelligence

Gatesway Residential Alternatives Inc.

990 • Fiscal year 2018 • EIN 73-1511972

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 17, 2018

Organization ProfileN/A
398060 W 2200 RdBartlesville, OK 74006-0265

(918) 333-2244

Siviq Scores

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

Liabilities / Assets

97th percentile

1.56x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

9.72x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

36th percentile

-2.4%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

2.0%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$658,393

Down $16,406 (-2.4%) from 2017

Net Assets

Down

-$366,069

Down $21,541 (-6.3%) from 2017

Liabilities

Up

$1,024,462

Up $5,135 (+0.5%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin13th percentile

Revenue

Up

$105,401

Up $2,017 (+2.0%) from 2017

Expenses

Up

$126,942

Up $3,498 (+2.8%) from 2017

Net Income

Down

-$21,541

Down $1,481 (-7.4%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $814,444Liabilities 2011: $1,029,430Net Assets 2011: -$214,9862011Assets 2012: $771,774Liabilities 2012: $1,031,650Net Assets 2012: -$259,8762012Assets 2013: $745,273Liabilities 2013: $1,011,912Net Assets 2013: -$266,6392013Assets 2014: $726,679Liabilities 2014: $1,010,746Net Assets 2014: -$284,0672014Assets 2015: $725,963Liabilities 2015: $1,029,685Net Assets 2015: -$303,7222015Assets 2016: $688,894Liabilities 2016: $1,013,362Net Assets 2016: -$324,4682016Assets 2017: $674,799Liabilities 2017: $1,019,327Net Assets 2017: -$344,5282017Assets 2018: $658,393Liabilities 2018: $1,024,462Net Assets 2018: -$366,0692018Assets 2019: $623,462Liabilities 2019: $1,012,839Net Assets 2019: -$389,3772019Assets 2020: $615,906Liabilities 2020: $1,029,264Net Assets 2020: -$413,3582020Assets 2021: $573,772Liabilities 2021: $1,013,102Net Assets 2021: -$439,3302021Assets 2022: $562,044Liabilities 2022: $1,014,121Net Assets 2022: -$452,0772022Assets 2023: $527,678Liabilities 2023: $1,015,191Net Assets 2023: -$487,5132023Assets 2024: $494,554Liabilities 2024: $1,012,575Net Assets 2024: -$518,0212024Assets 2025: $498,971Liabilities 2025: $1,054,790Net Assets 2025: -$555,8192025

Highlighted filing

2018

Assets$658,393
Liabilities$1,024,462
Net Assets-$366,069
Open 2018 Filing

Operations Trend

Revenue Growth45th percentile

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

$200K$100K$0-$100KExpenses 2011: $118,1402011Expenses 2012: $153,8012012Expenses 2013: $112,8532013Revenue 2014: $104,864Expenses 2014: $122,292Net Income 2014: -$17,4282014Revenue 2015: $102,693Expenses 2015: $122,348Net Income 2015: -$19,6552015Revenue 2016: $108,202Expenses 2016: $128,949Net Income 2016: -$20,7472016Revenue 2017: $103,384Expenses 2017: $123,444Net Income 2017: -$20,0602017Revenue 2018: $105,401Expenses 2018: $126,942Net Income 2018: -$21,5412018Revenue 2019: $119,961Expenses 2019: $143,269Net Income 2019: -$23,3082019Revenue 2020: $115,863Expenses 2020: $139,844Net Income 2020: -$23,9812020Revenue 2021: $114,103Expenses 2021: $140,075Net Income 2021: -$25,9722021Revenue 2022: $117,591Expenses 2022: $130,338Net Income 2022: -$12,7472022Revenue 2023: $120,475Expenses 2023: $155,911Net Income 2023: -$35,4362023Revenue 2024: $119,892Expenses 2024: $150,400Net Income 2024: -$30,5082024Revenue 2025: $137,363Expenses 2025: $175,161Net Income 2025: -$37,7982025

Highlighted filing

2018

Revenue$105,401
Expenses$126,942
Net Income-$21,541
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 17, 2018
Return Version
2017v2.3
Gross Receipts
$105,401
Mission and Program Overview

Mission

The purpose and business of this project is to develop, construct, maintain, support and operate a 24-unit housing complex for the elderly or disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$598,774$564,826▼ $33,948
Cash and Non-Interest-Bearing Accounts$3,820$18,000▲ $14,180
Prepaid Expenses and Deferred Charges$1,862$1,979▲ $117
Accounts Receivable$3$91▲ $88
Total Assets$674,799$658,393▼ $16,406
Other Assets Total$70,340$73,497▲ $3,157
Liabilities
Other Liabilities$1,009,990$1,009,891▼ $99
Accounts Payable and Accrued Expenses$9,337$14,571▲ $5,234
Total Liabilities$1,019,327$1,024,462▲ $5,135
Net Assets / Fund Balance
Unrestricted Net Assets$-344,528$-366,069▼ $21,541
Total Net Assets Fund Balance$-344,528$-366,069▼ $21,541
Total Liabilities and Net Assets / Fund Balance$674,799$658,393▼ $16,406

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$392,007$509,462$901,469
Land$156,649-$156,649
Equipment$16,170$44,260$60,430
Other Assets Org$7,598--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Ray MillerPresident
Matt Coughlin IiiVpresident
Angelyn DaleBoard Member
Anita WilliamsBoard Member
Darren WhitsonBoard Member
Davey EllisBoard Member
Dr Poorya FazelBoard Member
John FearyBoard Member
Larry LangfordBoard Member
Matt KennedyBoard Member
Mike MitchellBoard Member
Nick PressonBoard Member
Thomas a GormanManaging Age
Greg ArendTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$105,341
Investment Income
$60
Other Revenue
$0
Change in Net Assets
$-21,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$105,401
Total Revenue per Audited Statements
$105,401
Total Revenue per Form 990
$105,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,942
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
Depreciation Depletion$35,942--$35,942
Occupancy$19,608--$19,608
Other Expenses$5,775--$5,775
All Other Expenses$5,314--$5,314
Office Expenses$5,130--$5,130
Fees for Services Accounting$1,440--$1,440
Advertising$62--$62
Insurance$14--$14
Total Functional Expenses$126,942$0$0$126,942

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$126,942
Total Expenses per Audited Statements$126,942
Total Expenses per Form 990$126,942
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
Capital Advance$1,003,100
Tenant Security Deposits$6,791
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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
Gatesway Residential
EIN
73-1511972
Address
398060 W 2200 RD, BARTLESVILLE, OK 74006-0265

Signing Officer

Name
Thomas a Gorman
Title
Managing Agent
Signed
2018-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas a Gorman
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Stotts Archambo Mueggenborg & Barclay Pc
Address
302 SE OSAGE AVE, BARTLESVILLE, OK 74003-3931
Preparer
Deborah E Mueggenborg
Phone
9183360008
Raw XML AppendixShowing 400 of 407 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09337
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014571
IRS990/AccountsReceivableGrp/BOYAmt03
IRS990/AccountsReceivableGrp/EOYAmt091
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE AND BUSINESS OF THIS PROJECT IS TO DEVELOP, CONSTRUCT, MAINTAIN, SUPPORT AND OPERATE A 24-UNIT HOUSING COMPLEX FOR THE ELDERLY OR DISABLED PERSONS.
IRS990/AdvertisingGrp/ProgramServicesAmt062
IRS990/AdvertisingGrp/TotalAmt062
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05314
IRS990/AllOtherExpensesGrp/TotalAmt05314
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0DENISE MCPHILLIPS
IRS990/BooksInCareOfDetail/PhoneNum09183332244
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0398060 WEST 2200 RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BARTLESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd074006
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03820
IRS990/CashNonInterestBearingGrp/EOYAmt018000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt060
IRS990/CYOtherExpensesAmt0126942
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0105341
IRS990/CYRevenuesLessExpensesAmt0-21541
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0126942
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0105401
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt035942
IRS990/DepreciationDepletionGrp/TotalAmt035942
IRS990/Desc0PROVIDE HOUSING SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE ELDERLY AND DISABLED, AS WELL AS PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0126942
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01440
IRS990/FeesForServicesAccountingGrp/TotalAmt01440
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0ANGELYN DALE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVEY ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm2DR POORYA FAZEL
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN FEARY
IRS990/Form990PartVIISectionAGrp/PersonNm4MATT KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm5LARRY LANGFORD
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm7NICK PRESSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DARREN WHITSON
IRS990/Form990PartVIISectionAGrp/PersonNm9ANITA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm10RAY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm11MATT COUGHLIN III
IRS990/Form990PartVIISectionAGrp/PersonNm12GREG AREND
IRS990/Form990PartVIISectionAGrp/PersonNm13THOMAS A GORMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VPRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MANAGING AGE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0105401
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014
IRS990/InsuranceGrp/TotalAmt014
IRS990/InvestmentIncomeGrp/ExclusionAmt060
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0553722
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0598774
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0564826
IRS990/LandBldgEquipCostOrOtherBssAmt01118548
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE AND BUSINESS OF THIS PROJECT IS TO DEVELOP, CONSTRUCT, MAINTAIN, SUPPORT AND OPERATE A 24-UNIT HOUSING COMPLEX FOR THE ELDERLY OR DISABLED PERSONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-344528
IRS990/NetAssetsOrFundBalancesEOYAmt0-366069
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt019608
IRS990/OccupancyGrp/TotalAmt019608
IRS990/OfficeExpensesGrp/ProgramServicesAmt05130
IRS990/OfficeExpensesGrp/TotalAmt05130
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt070340
IRS990/OtherAssetsTotalGrp/EOYAmt073497
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc2PAYROLL REIMBURSEMENTS
IRS990/OtherExpensesGrp/Desc3AUDITING FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt025231
IRS990/OtherExpensesGrp/ProgramServicesAmt120229
IRS990/OtherExpensesGrp/ProgramServicesAmt28197
IRS990/OtherExpensesGrp/ProgramServicesAmt35775
IRS990/OtherExpensesGrp/TotalAmt025231
IRS990/OtherExpensesGrp/TotalAmt120229
IRS990/OtherExpensesGrp/TotalAmt28197
IRS990/OtherExpensesGrp/TotalAmt35775
IRS990/OtherLiabilitiesGrp/BOYAmt01009990
IRS990/OtherLiabilitiesGrp/EOYAmt01009891
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01862
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01979
IRS990/PrincipalOfficerNm0THOMAS A GORMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1HUD RENT SUBSIDY
IRS990/ProgramServiceRevenueGrp/Desc2SECURITY DEPOSIT FORFEITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt082320
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122672
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt055
IRS990/PYOtherExpensesAmt0123444
IRS990/PYProgramServiceRevenueAmt0103329
IRS990/PYRevenuesLessExpensesAmt0-20060
IRS990/PYTotalExpensesAmt0123444
IRS990/PYTotalRevenueAmt0103384
IRS990/ReconcilationRevenueExpnssAmt0-21541
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0105341
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt055
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0105341
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0103329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0108151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0102649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0104830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0524300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt055
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0244
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt0524300
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0105341
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0103329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0108151
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0104830
IRS990ScheduleA/Total509Grp/TotalAmt0524300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0105401
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0103384
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0108202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0102693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0104864
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0524544
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0392007
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0509462
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0901469
IRS990ScheduleD/EquipmentGrp/BookValueAmt016170
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044260
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt060430
IRS990ScheduleD/ExpensesSubtotalAmt0126942
IRS990ScheduleD/LandGrp/BookValueAmt0156649
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0156649
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt032118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt121470
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt212311
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt37598
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURANCE & AUDIT ESCRIOW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01003100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16791
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0105401
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0564826
IRS990ScheduleD/TotalBookValueOtherAssetsAmt073497
IRS990ScheduleD/TotalExpensesPerForm990Amt0126942
IRS990ScheduleD/TotalLiabilityAmt01009891
IRS990ScheduleD/TotalRevenuePerForm990Amt0105401
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0105401
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0126942
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/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/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0674799
IRS990/TotalAssetsEOYAmt0658393
IRS990/TotalAssetsGrp/BOYAmt0674799
IRS990/TotalAssetsGrp/EOYAmt0658393
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126942
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126942
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01019327
IRS990/TotalLiabilitiesEOYAmt01024462
IRS990/TotalLiabilitiesGrp/BOYAmt01019327
IRS990/TotalLiabilitiesGrp/EOYAmt01024462
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-344528
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-366069
IRS990/TotalProgramServiceExpensesAmt0126942
IRS990/TotalProgramServiceRevenueAmt0105341
IRS990/TotalRevenueGrp/ExclusionAmt060
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105341
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0105401
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0674799
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0658393
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-344528
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-366069
IRS990/USAddress/AddressLine1Txt0398060 WEST 2200 ROAD
IRS990/USAddress/CityNm0BARTLESVILLE
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074006
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS A GORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GATESWAY RESIDENTIAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALTERNATIVES INC
ReturnHeader/Filer/BusinessNameControlTxt0GATE
ReturnHeader/Filer/EIN0731511972
ReturnHeader/Filer/USAddress/AddressLine1Txt0398060 W 2200 RD
ReturnHeader/Filer/USAddress/CityNm0BARTLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd0740060265
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EAEF60479818725E5025E18C1E66B65AF0C8A52B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F8E8C302B45B67843F13B8EA9C208F1DCF85C19A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:48:15
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$658,393
Liabilities
$1,024,462
Net assets
-$366,069
Revenue
$105,401
Expenses
$126,942
Net income
-$21,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$1.05$0.56$0.14$0.18$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.49$1.01$0.52$0.12$0.15$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.53$1.02$0.49$0.12$0.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.56$1.01$0.45$0.12$0.13$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.57$1.01$0.44$0.11$0.14$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.62$1.03$0.41$0.12$0.14$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.62$1.01$0.39$0.12$0.14$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.66$1.02$0.37$0.11$0.13$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.67$1.02$0.34$0.10$0.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.69$1.01$0.32$0.11$0.13$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.73$1.03$0.30$0.10$0.12$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.73$1.01$0.28$0.10$0.12$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$1.01$0.27$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$1.03$0.26$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$1.03$0.21$0.12