Civic Intelligence

Canyon Cove Seniors Inc

EIN 74-2380723 • 501(c)3 • Midvale, UT

Profile

Low income housing for the elderly.

7351 South Union Park Avenue 250Midvale, UT 84047

n/A

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

3.67x

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

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

Net Margin

16th percentile

-17%

Higher net margin than 16% 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

26th percentile

-4.1%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

48th percentile

5.9%

Faster revenue growth than 48% of similar nonprofits.

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

Assets

Down

$1,377,610

Down $59,161 (-4.1%) from 2023

Liabilities

Down

$1,124,352

Down $6,938 (-0.6%) from 2023

Net Assets

Down

$253,258

Down $52,223 (-17%) from 2023

Revenue

Up

$306,697

Up $17,178 (+5.9%) from 2023

Expenses

Up

$358,920

Up $90,914 (+34%) from 2023

Net Income

Down

-$52,223

Down $73,736 (-343%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $695,765Liabilities 2010: $708,048Net Assets 2010: -$12,2832010Assets 2011: $694,389Liabilities 2011: $682,937Net Assets 2011: $11,4522011Assets 2012: $693,745Liabilities 2012: $662,120Net Assets 2012: $31,6252012Assets 2013: $692,725Liabilities 2013: $645,171Net Assets 2013: $47,5542013Assets 2014: $667,949Liabilities 2014: $609,815Net Assets 2014: $58,1342014Assets 2015: $664,378Liabilities 2015: $577,220Net Assets 2015: $87,1582015Assets 2016: $653,517Liabilities 2016: $541,539Net Assets 2016: $111,9782016Assets 2017: $649,220Liabilities 2017: $508,742Net Assets 2017: $140,4782017Assets 2018: $639,061Liabilities 2018: $481,399Net Assets 2018: $157,6622018Assets 2019: $637,649Liabilities 2019: $443,974Net Assets 2019: $193,6752019Assets 2020: $607,287Liabilities 2020: $374,101Net Assets 2020: $233,1862020Assets 2021: $576,118Liabilities 2021: $341,924Net Assets 2021: $234,1942021Assets 2022: $556,775Liabilities 2022: $272,807Net Assets 2022: $283,9682022Assets 2023: $1,436,771Liabilities 2023: $1,131,290Net Assets 2023: $305,4812023Assets 2024: $1,377,610Liabilities 2024: $1,124,352Net Assets 2024: $253,2582024

Highlighted filing

2024

Assets$1,377,610
Liabilities$1,124,352
Net Assets$253,258

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $247,5182010Expenses 2011: $236,0742011Expenses 2012: $237,3942012Revenue 2013: $264,813Expenses 2013: $248,884Net Income 2013: $15,9292013Revenue 2014: $263,556Expenses 2014: $252,976Net Income 2014: $10,5802014Revenue 2015: $271,295Expenses 2015: $242,271Net Income 2015: $29,0242015Revenue 2016: $271,757Expenses 2016: $246,937Net Income 2016: $24,8202016Revenue 2017: $280,959Expenses 2017: $252,459Net Income 2017: $28,5002017Revenue 2018: $264,217Expenses 2018: $247,033Net Income 2018: $17,1842018Revenue 2019: $272,947Expenses 2019: $236,934Net Income 2019: $36,0132019Revenue 2020: $274,562Expenses 2020: $235,051Net Income 2020: $39,5112020Revenue 2021: $273,873Expenses 2021: $272,865Net Income 2021: $1,0082021Revenue 2022: $283,431Expenses 2022: $233,657Net Income 2022: $49,7742022Revenue 2023: $289,519Expenses 2023: $268,006Net Income 2023: $21,5132023Revenue 2024: $306,697Expenses 2024: $358,920Net Income 2024: -$52,2232024

Highlighted filing

2024

Revenue$306,697
Expenses$358,920
Net Income-$52,223

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$1.12$0.25$0.31$0.36$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.44$1.13$0.31$0.29$0.27$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.27$0.28$0.28$0.23$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.34$0.23$0.27$0.27$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.37$0.23$0.27$0.24$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.44$0.19$0.27$0.24$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.48$0.16$0.26$0.25$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.51$0.14$0.28$0.25$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.54$0.11$0.27$0.25$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.58$0.09$0.27$0.24$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.61$0.06$0.26$0.25$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.69$0.65$0.05$0.26$0.25$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.66$0.03$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.68$0.01$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.71$0.01$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 23, 2025
Return Version
2024v5.2
Gross Receipts
$306,697
Mission and Program Overview

Mission

Low income housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,013,380$781,998▼ $231,382
Land, Buildings, and Equipment, Net$371,974$544,114▲ $172,140
Prepaid Expenses and Deferred Charges$3,156$6,204▲ $3,048
Cash and Non-Interest-Bearing Accounts$2,531$1,763▼ $768
Accounts Receivable$466$637▲ $171
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,436,771$1,377,610▼ $59,161
Other Assets Total$45,264$42,894▼ $2,370
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,110,000$1,099,090▼ $10,910
Accounts Payable and Accrued Expenses$15,349$20,034▲ $4,685
Other Liabilities$5,602$5,110▼ $492
Deferred Revenue$339$118▼ $221
Total Liabilities$1,131,290$1,124,352▼ $6,938
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$305,481$253,258▼ $52,223
Total Net Assets Fund Balance$305,481$253,258▼ $52,223
Total Liabilities and Net Assets / Fund Balance$1,436,771$1,377,610▼ $59,161

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$414,076$1,067,420$1,481,496
Leasehold Improvements$20,989$228,309$249,298
Other Land Buildings$9,049$133,128$142,177
Land$100,000-$100,000
Equipment-$27,004$27,004
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joyce RigbyPresident
Kathy SchulzVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$301,209
Investment Income
$5,488
Other Revenue
$0
Change in Net Assets
$-52,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$306,697
Total Revenue per Audited Statements
$306,697
Total Revenue per Form 990
$306,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$358,920
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
Interest$68,844--$68,844
Depreciation Depletion$61,913--$61,913
All Other Expenses$9,731$16,127-$25,858
Occupancy$25,659--$25,659
Other Expenses$20,015$29,511-$20,015
Fees for Services Management-$16,198-$16,198
Fees for Services Accounting-$11,285-$11,285
Office Expenses-$6,694-$6,694
Insurance$5,267$880-$6,147
Conferences and Meetings-$3,752-$3,752
Fees for Services Legal-$630-$630
Advertising-$10-$10
Total Functional Expenses$273,833$85,087$0$358,920

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$358,920
Total Expenses per Audited Statements$358,920
Total Expenses per Form 990$358,920
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$5,110
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Return is reviewed by management agent on behalf of the board.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Canyon Cove Seniors Inc
EIN
74-2380723
Phone
8013161145
Address
7351 SOUTH UNION PARK AVENUE 250, MIDVALE, UT 84047

Signing Officer

Name
Joyce Rigby
Title
President
Signed
2025-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Rigby
Formed
1985
Legal Domicile
Ut
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Simpson and Company
Address
5353 S 960 E STE 102, MURRAY, UT 84117
Preparer
Kenneth R Simpson
Phone
8014845206
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01013380
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0781998
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05488
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt094
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0301209
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0289494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0283392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0273779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0274528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01422402
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05488
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt094
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05680
IRS990ScheduleA/InvestmentIncomeCYPct00.00400
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99600
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt01422402
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0301209
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0289494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0283392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0273779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0274528
IRS990ScheduleA/Total509Grp/TotalAmt01422402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0306697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0289519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0283431
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0273873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0274562
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01428082
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0414076
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01067420
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01481496
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027004
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027004
IRS990ScheduleD/ExpensesSubtotalAmt0358920
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt020989
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0228309
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0249298
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09049
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0133128
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0142177
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0306697
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0544114
IRS990ScheduleD/TotalExpensesPerForm990Amt0358920
IRS990ScheduleD/TotalLiabilityAmt05110
IRS990ScheduleD/TotalRevenuePerForm990Amt0306697
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0306697
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0358920
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Return is reviewed by management agent on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01436771
IRS990/TotalAssetsEOYAmt01377610
IRS990/TotalAssetsGrp/BOYAmt01436771
IRS990/TotalAssetsGrp/EOYAmt01377610
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085087
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0273833
IRS990/TotalFunctionalExpensesGrp/TotalAmt0358920
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01131290
IRS990/TotalLiabilitiesEOYAmt01124352
IRS990/TotalLiabilitiesGrp/BOYAmt01131290
IRS990/TotalLiabilitiesGrp/EOYAmt01124352
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0305481
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253258
IRS990/TotalProgramServiceExpensesAmt0273833
IRS990/TotalProgramServiceRevenueAmt0301209
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0306697
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0306697
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01436771
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01377610
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt07351 SOUTH UNION PARK AVENUE 250
IRS990/USAddress/CityNm0MIDVALE
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084047
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joyce Rigby
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CANYON COVE SENIORS INC
ReturnHeader/Filer/BusinessNameControlTxt0CANY
ReturnHeader/Filer/EIN0742380723
ReturnHeader/Filer/PhoneNum08013161145
ReturnHeader/Filer/USAddress/AddressLine1Txt07351 SOUTH UNION PARK AVENUE 250
ReturnHeader/Filer/USAddress/CityNm0MIDVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084047
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870440711
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIMPSON AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05353 S 960 E STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MURRAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084117
ReturnHeader/PreparerPersonGrp/PhoneNum08014845206
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH R SIMPSON
ReturnHeader/ReturnTs02025-07-23T09:32:07-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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