Civic Intelligence

Fair Haven West Inc C/O Darwin T Lynner Co Inc

990 • Fiscal year 2016 • EIN 77-0630779

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 06, 2017

2930 Bell AvenueDes Moines, IA 50321-1421

(515) 243-8300

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.29x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

34th percentile

-2.1%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,140,633

Down $46,951 (-2.1%) from 2015

Net Assets

Down

$2,101,491

Down $51,173 (-2.4%) from 2015

Liabilities

Up

$39,142

Up $4,222 (+12%) from 2015

Revenue

Up

$135,753

Up $11,010 (+8.8%) from 2015

Expenses

Down

$186,926

Down $12,165 (-6.1%) from 2015

Net Income

Up

-$51,173

Up $23,175 (+31%) from 2015

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$0Assets 2010: $2,530,732Liabilities 2010: $12,810Net Assets 2010: $2,517,9222010Assets 2011: $2,458,891Liabilities 2011: $11,708Net Assets 2011: $2,447,1832011Assets 2012: $2,379,154Liabilities 2012: $9,187Net Assets 2012: $2,369,9672012Assets 2013: $2,311,299Liabilities 2013: $9,279Net Assets 2013: $2,302,0202013Assets 2014: $2,237,744Liabilities 2014: $10,732Net Assets 2014: $2,227,0122014Assets 2015: $2,187,584Liabilities 2015: $34,920Net Assets 2015: $2,152,6642015Assets 2016: $2,140,633Liabilities 2016: $39,142Net Assets 2016: $2,101,4912016Assets 2017: $2,079,295Liabilities 2017: $49,321Net Assets 2017: $2,029,9742017Assets 2018: $2,017,872Liabilities 2018: $61,028Net Assets 2018: $1,956,8442018Assets 2019: $1,969,104Liabilities 2019: $57,086Net Assets 2019: $1,912,0182019Assets 2020: $1,933,895Liabilities 2020: $58,144Net Assets 2020: $1,875,7512020Assets 2021: $1,897,762Liabilities 2021: $66,919Net Assets 2021: $1,830,8432021Assets 2022: $1,865,334Liabilities 2022: $106,575Net Assets 2022: $1,758,7592022Assets 2023: $1,772,093Liabilities 2023: $54,881Net Assets 2023: $1,717,2122023Assets 2024: $1,719,295Liabilities 2024: $87,994Net Assets 2024: $1,631,3012024

Highlighted filing

2016

Assets$2,140,633
Liabilities$39,142
Net Assets$2,101,491

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $172,3932010Expenses 2011: $186,0542011Expenses 2012: $186,3782012Revenue 2013: $119,748Expenses 2013: $187,695Net Income 2013: -$67,9472013Revenue 2014: $121,092Expenses 2014: $196,100Net Income 2014: -$75,0082014Revenue 2015: $124,743Expenses 2015: $199,091Net Income 2015: -$74,3482015Revenue 2016: $135,753Expenses 2016: $186,926Net Income 2016: -$51,1732016Revenue 2017: $137,992Expenses 2017: $209,509Net Income 2017: -$71,5172017Revenue 2018: $139,996Expenses 2018: $213,126Net Income 2018: -$73,1302018Revenue 2019: $153,482Expenses 2019: $198,308Net Income 2019: -$44,8262019Revenue 2020: $158,782Expenses 2020: $195,049Net Income 2020: -$36,2672020Revenue 2021: $152,459Expenses 2021: $197,367Net Income 2021: -$44,9082021Revenue 2022: $140,429Expenses 2022: $212,513Net Income 2022: -$72,0842022Revenue 2023: $162,674Expenses 2023: $204,221Net Income 2023: -$41,5472023Revenue 2024: $149,889Expenses 2024: $235,800Net Income 2024: -$85,9112024

Highlighted filing

2016

Revenue$135,753
Expenses$186,926
Net Income-$51,173
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 6, 2017
Return Version
2016v3.0
Gross Receipts
$135,753
Mission and Program Overview

Mission

Fair haven west apartments, inc. Is an iowa not-for-profit corporation that was organized to construct, own and operate a 29 unit apartment community known as fair haven west apartments located in des moines, iowa. The community is being financed with capital advances insured by the department of housing and urban development under section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,931,474$1,861,405▼ $70,069
Investments Program Related$229,108$243,857▲ $14,749
Cash and Non-Interest-Bearing Accounts$5,065$13,609▲ $8,544
Prepaid Expenses and Deferred Charges$13,031$13,557▲ $526
Accounts Receivable$357$0▼ $357
Total Assets$2,187,584$2,140,633▼ $46,951
Other Assets Total$8,549$8,205▼ $344
Liabilities
Other Liabilities$32,839$36,183▲ $3,344
Accounts Payable and Accrued Expenses$1,908$2,786▲ $878
Deferred Revenue$173$173→ $0
Total Liabilities$34,920$39,142▲ $4,222
Net Assets / Fund Balance
Unrestricted Net Assets$2,152,664$2,101,491▼ $51,173
Total Net Assets Fund Balance$2,152,664$2,101,491▼ $51,173
Total Liabilities and Net Assets / Fund Balance$2,187,584$2,140,633▼ $46,951

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,771,339$631,360$2,402,699
Leasehold Improvements$88,825$98,175$187,000
Equipment$1,241$106,137$107,378
Investment Program Related Org$35,522--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry EllisPresident
Morry BlankespoorVice President
Elinor BogaardDirector
John Vander WertDirector
Kay De CookDirector
Mary GlendeningSecretary
Robert Van DykeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$40,978
Program Service Revenue
$90,686
Investment Income
$825
Other Revenue
$3,264
Change in Net Assets
$-51,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,753
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$135,753
Total Revenue per Form 990
$135,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,926
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$70,071--$70,071
Occupancy$69,225--$69,225
Fees for Services Management-$15,159-$15,159
Fees for Services Accounting-$5,925-$5,925
Office Expenses-$5,424-$5,424
Other Expenses$3,682--$3,682
Advertising-$465-$465
Total Functional Expenses$159,953$26,973$0$186,926

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$186,926
Total Expenses per Audited Statements$186,926
Total Expenses per Form 990$186,926
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Residual Receipts Available for Recapture$28,272
Security Deposits$7,911
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section A, Line 3

Fair haven west, inc. Is managed by darwin t. Lynner, inc., a professional property management company. Darwin t. Lynner, inc. Has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing and urban development. Under this certification, hud has approved darwin t. Lynner, inc. To manage the fair haven west apartment community. The management contract encompasses the day to day operations of the project including, but not limited to collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

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

The auditing firm sends a draft of the return to the management company. The management company forwards a copy of the return to each board member for their comments prior to filing.

Form 990, Part VI, Section B, Line 12

Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fair Haven West Inc
EIN
77-0630779
Phone
5152438300
Address
2930 BELL AVENUE, DES MOINES, IA 50321-1421

Signing Officer

Name
Jerry Ellis
Title
President
Phone
5152438300
Signed
2017-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Ellis
Formed
2006
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD STE 300, CARMEL, IN 46032
Preparer
Jessica Cooper
Phone
3178485700
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

Raw XML AppendixShowing 400 of 449 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01908
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02786
IRS990/AccountsReceivableGrp/BOYAmt0357
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FAIR HAVEN WEST APARTMENTS, INC. IS AN IOWA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 29 UNIT APARTMENT COMMUNITY KNOWN AS FAIR HAVEN WEST APARTMENTS LOCATED IN DES MOINES, IOWA. THE COMMUNITY IS BEING FINANCED WITH CAPITAL ADVANCES INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0465
IRS990/AdvertisingGrp/TotalAmt0465
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MR TOM LYNNER
IRS990/BooksInCareOfDetail/PhoneNum05152438300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02930 BELL AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050321
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05065
IRS990/CashNonInterestBearingGrp/EOYAmt013609
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt040978
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0825
IRS990/CYOtherExpensesAmt0186926
IRS990/CYOtherRevenueAmt03264
IRS990/CYProgramServiceRevenueAmt090686
IRS990/CYRevenuesLessExpensesAmt0-51173
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0186926
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0135753
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0173
IRS990/DeferredRevenueGrp/EOYAmt0173
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt070071
IRS990/DepreciationDepletionGrp/TotalAmt070071
IRS990/Desc0FAIR HAVEN WEST APARTMENTS, INC. IS AN IOWA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 29 UNIT APARTMENT COMMUNITY KNOWN AS FAIR HAVEN WEST APARTMENTS LOCATED IN DES MOINES, IOWA. THE COMMUNITY IS BEING FINANCED WITH CAPITAL ADVANCES INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0159953
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05925
IRS990/FeesForServicesAccountingGrp/TotalAmt05925
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt015159
IRS990/FeesForServicesManagementGrp/TotalAmt015159
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/PersonNm0JERRY ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm1MORRY BLANKESPOOR
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY GLENDENING
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT VAN DYKE
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN VANDER WERT
IRS990/Form990PartVIISectionAGrp/PersonNm5ELINOR BOGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm6KAY DE COOK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt040978
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0135753
IRS990/GrossRentsGrp/RealAmt0162
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0825
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0825
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0229108
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0243857
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0835672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01931474
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01861405
IRS990/LandBldgEquipCostOrOtherBssAmt02697077
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FAIR HAVEN WEST APARTMENTS, INC. IS AN IOWA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 29 UNIT APARTMENT COMMUNITY KNOWN AS FAIR HAVEN WEST APARTMENTS LOCATED IN DES MOINES, IOWA. THE COMMUNITY IS BEING FINANCED WITH CAPITAL ADVANCES INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02152664
IRS990/NetAssetsOrFundBalancesEOYAmt02101491
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0162
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0162
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt069225
IRS990/OccupancyGrp/TotalAmt069225
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05424
IRS990/OfficeExpensesGrp/TotalAmt05424
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08549
IRS990/OtherAssetsTotalGrp/EOYAmt08205
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MGMT CO EMPLOYEE CHARGE
IRS990/OtherExpensesGrp/Desc1RESIDUAL RECEIPTS RECAP
IRS990/OtherExpensesGrp/ProgramServicesAmt016975
IRS990/OtherExpensesGrp/ProgramServicesAmt13682
IRS990/OtherExpensesGrp/TotalAmt016975
IRS990/OtherExpensesGrp/TotalAmt13682
IRS990/OtherLiabilitiesGrp/BOYAmt032839
IRS990/OtherLiabilitiesGrp/EOYAmt036183
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt03067
IRS990/OtherRevenueMiscGrp/ExclusionAmt135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03067
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135
IRS990/OtherRevenueTotalAmt03102
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013031
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013557
IRS990/PrincipalOfficerNm0JERRY ELLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090686
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt027422
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0829
IRS990/PYOtherExpensesAmt0199091
IRS990/PYOtherRevenueAmt03263
IRS990/PYProgramServiceRevenueAmt093229
IRS990/PYRevenuesLessExpensesAmt0-74348
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0199091
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0124743
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-51173
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0162
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt090686
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt025258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018107
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0120495
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0982
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01400
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt090686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt093229
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt091503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt096187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt093895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0465500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0982
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05533
IRS990ScheduleA/InvestmentIncomeCYPct00.00910
IRS990ScheduleA/InvestmentIncomePYPct00.01070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03102
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03041
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03218
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05137
IRS990ScheduleA/OtherIncome509Grp/TotalAmt018970
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95990
IRS990ScheduleA/PublicSupportPY509Pct00.95240
IRS990ScheduleA/PublicSupportTotal509Amt0585995
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0131664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0120651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0116761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0114294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102625
IRS990ScheduleA/Total509Grp/TotalAmt0585995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0135753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0124743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0121092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0119748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0109162
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0610498
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01771339
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0631360
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02402699
IRS990ScheduleD/EquipmentGrp/BookValueAmt01241
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106137
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107378
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0186926
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0208335
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt135522
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE REPLACEMENT FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt088825
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt098175
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0187000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS AVAILABLE FOR RECAPTURE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0135753
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01861405
IRS990ScheduleD/TotalBookValueProgramRltdAmt0243857
IRS990ScheduleD/TotalExpensesPerForm990Amt0186926
IRS990ScheduleD/TotalLiabilityAmt036183
IRS990ScheduleD/TotalRevenuePerForm990Amt0135753
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0135753
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0186926
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAIR HAVEN WEST, INC. IS MANAGED BY DARWIN T. LYNNER, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. DARWIN T. LYNNER, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED DARWIN T. LYNNER, INC. TO MANAGE THE FAIR HAVEN WEST APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02187584
IRS990/TotalAssetsEOYAmt02140633
IRS990/TotalAssetsGrp/BOYAmt02187584
IRS990/TotalAssetsGrp/EOYAmt02140633
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt040978
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026973
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159953
IRS990/TotalFunctionalExpensesGrp/TotalAmt0186926
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034920
IRS990/TotalLiabilitiesEOYAmt039142
IRS990/TotalLiabilitiesGrp/BOYAmt034920
IRS990/TotalLiabilitiesGrp/EOYAmt039142
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02152664
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02101491
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0159953
IRS990/TotalProgramServiceRevenueAmt090686
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04089
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090686
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0135753
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02187584
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02140633
IRS990/TotReportableCompRltdOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.72$0.09$1.63$0.15$0.24$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.77$0.05$1.72$0.16$0.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.11$1.76$0.14$0.21$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.07$1.83$0.15$0.20$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.06$1.88$0.16$0.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.06$1.91$0.15$0.20$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.06$1.96$0.14$0.21$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.05$2.03$0.14$0.21$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.04$2.10$0.14$0.19$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.19$0.03$2.15$0.12$0.20$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.01$2.23$0.12$0.20$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.31$0.01$2.30$0.12$0.19$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.01$2.37$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.01$2.45$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.01$2.52$0.17