Civic Intelligence

Safe Harbor Properties Inc.

990EZ • Fiscal year 2020 • EIN 80-0204923

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

2110 Highway 14 EastRochester, MN 55904

(507) 421-0548

Siviq Scores

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

Liabilities / Assets

91st percentile

0.72x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

7.67x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-3.8%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-32%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$437,543

Down $17,156 (-3.8%) from 2019

Net Assets

Down

$123,107

Down $7,055 (-5.4%) from 2019

Liabilities

Down

$314,436

Down $10,101 (-3.1%) from 2019

Revenue

Down

$40,982

Down $18,951 (-32%) from 2019

Expenses

Up

$48,037

Up $7,705 (+19%) from 2019

Net Income

Down

-$7,055

Down $26,656 (-136%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $472,439Liabilities 2015: $360,879Net Assets 2015: $111,5602015Assets 2016: $467,163Liabilities 2016: $352,369Net Assets 2016: $114,7942016Assets 2017: $451,026Liabilities 2017: $343,486Net Assets 2017: $107,5402017Assets 2018: $444,775Liabilities 2018: $334,214Net Assets 2018: $110,5612018Assets 2019: $454,699Liabilities 2019: $324,537Net Assets 2019: $130,1622019Assets 2020: $437,543Liabilities 2020: $314,436Net Assets 2020: $123,1072020Assets 2021: $482,344Liabilities 2021: $303,280Net Assets 2021: $179,0642021Assets 2022: $547,794Liabilities 2022: $289,824Net Assets 2022: $257,9702022Assets 2023: $535,932Liabilities 2023: $275,891Net Assets 2023: $260,0412023Assets 2024: $517,193Liabilities 2024: $261,464Net Assets 2024: $255,7292024

Highlighted filing

2020

Assets$437,543
Liabilities$314,436
Net Assets$123,107

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $116,003Expenses 2015: $19,377Net Income 2015: $96,6262015Revenue 2016: $39,008Expenses 2016: $35,774Net Income 2016: $3,2342016Revenue 2017: $34,100Expenses 2017: $41,354Net Income 2017: -$7,2542017Revenue 2018: $40,768Expenses 2018: $37,747Net Income 2018: $3,0212018Revenue 2019: $59,933Expenses 2019: $40,332Net Income 2019: $19,6012019Revenue 2020: $40,982Expenses 2020: $48,037Net Income 2020: -$7,0552020Revenue 2021: $88,112Expenses 2021: $32,155Net Income 2021: $55,9572021Revenue 2022: $113,497Expenses 2022: $34,591Net Income 2022: $78,9062022Revenue 2023: $39,672Expenses 2023: $37,601Net Income 2023: $2,0712023Revenue 2024: $48,733Expenses 2024: $53,045Net Income 2024: -$4,3122024

Highlighted filing

2020

Revenue$40,982
Expenses$48,037
Net Income-$7,055
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 1, 2021
Return Version
2020v4.0
Gross Receipts
$40,982
Mission and Program Overview

Mission

To provide a safe and stable location for the advancement of recovering alcoholics, their family members and others affected by alcoholism.

Program Services

DescriptionGrantsExpenses
TO PROVIDE A SAFE AND STABLE LOCATION FOR THE ADVANCEMENT OF RECOVERING ALCOHOLICS, THEIR FAMILY MEMBERS AND OTHERS AFFECTED BY ALCOHOLISM.-$47,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID LUDOWESEPresident-$0--
MICHAEL CASEVice Preside-$0--
LYNDA SCOTTSecretary-$0--
DONNA BROWN PETRICTreasurer-$0--
PETE GLYNNDirector-$0--
JAMES OHLYDirector-$0--
ED MARTINSDirector-$0--
TIM FISKDirector-$0--
CARMEN KASICKDirector-$0--
MATT REMICKDirector-$0--
MARK KIEFFERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Safe Harbor Properties Inc
EIN
80-0204923
Phone
5074210548
Address
2110 HIGHWAY 14 EAST, ROCHESTER, MN 55904

Signing Officer

Name
David Ludowese
Title
President
Phone
5072850398
Signed
2021-10-01

Preparer

Firm
Nietz Tax & Accounting LLC
Address
2020 2ND ST SW, ROCHESTER, MN 55902
Preparer
William a Nietz
Phone
5072850398
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest 13,725 insurance 2,906 state filing fee 25 non-investment depreciation 9,993 total 26,649

Form 990-ez, Part II, Line 24

Equipment and fixtures 4,628 4,628 less accumulated depreciation 2,596 3,208 total 2,032 1,420

Form 990-ez, Part II, Line 26

Contract for deed payable 324,537 314,436

Form 990-ez, Part III

To provide a safe and stable location for the advancement of recovering alcoholics, their family members and others affected by alcoholism.

Raw XML Appendix201 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
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CompensationExplanation/CompensationExplanationGrp/PersonNm1MICHAEL CASE
CompensationExplanation/CompensationExplanationGrp/PersonNm2LYNDA SCOTT
CompensationExplanation/CompensationExplanationGrp/PersonNm3DONNA BROWN PETRIC
CompensationExplanation/CompensationExplanationGrp/PersonNm4PETE GLYNN
CompensationExplanation/CompensationExplanationGrp/PersonNm5JAMES OHLY
CompensationExplanation/CompensationExplanationGrp/PersonNm6ED MARTINS
CompensationExplanation/CompensationExplanationGrp/PersonNm7TIM FISK
CompensationExplanation/CompensationExplanationGrp/PersonNm8CARMEN KASICK
CompensationExplanation/CompensationExplanationGrp/PersonNm9MATT REMICK
CompensationExplanation/CompensationExplanationGrp/PersonNm10MARK KIEFFER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
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IRS990EZ/BooksInCareOfDetail/PhoneNum05072850398
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PETE GLYNN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JAMES OHLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ED MARTINS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02032
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01420
IRS990EZ/OtherExpensesTotalAmt026649
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A SAFE AND STABLE LOCATION FOR THE ADVANCEMENT OF RECOVERING ALCOHOLICS, THEIR FAMILY MEMBERS AND OTHERS AFFECTED BY ALCOHOLISM.
IRS990EZ/PrintingPublicationsPostageAmt0131
IRS990EZ/ProgramServiceRevenueAmt036000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A SAFE AND STABLE LOCATION FOR THE ADVANCEMENT OF RECOVERING ALCOHOLICS, THEIR FAMILY MEMBERS AND OTHERS AFFECTED BY ALCOHOLISM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047589
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0324537
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0314436
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt048037
IRS990EZ/TotalProgramServiceExpensesAmt047589
IRS990EZ/TotalRevenueAmt040982
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04940
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01092
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt034711
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt033000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt033000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt039000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0180000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt080
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt039008
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0214791
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 13,725 INSURANCE 2,906 STATE FILING FEE 25 NON-INVESTMENT DEPRECIATION 9,993 TOTAL 26,649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT AND FIXTURES 4,628 4,628 LESS ACCUMULATED DEPRECIATION 2,596 3,208 TOTAL 2,032 1,420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTRACT FOR DEED PAYABLE 324,537 314,436
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE A SAFE AND STABLE LOCATION FOR THE ADVANCEMENT OF RECOVERING ALCOHOLICS, THEIR FAMILY MEMBERS AND OTHERS AFFECTED BY ALCOHOLISM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LUDOWESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05072850398
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAFE HARBOR PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0SAFE
ReturnHeader/Filer/EIN0800204923
ReturnHeader/Filer/PhoneNum05074210548
ReturnHeader/Filer/USAddress/AddressLine1Txt02110 HIGHWAY 14 EAST
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055904
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823893341
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NIETZ TAX & ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02020 2ND ST SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055902
ReturnHeader/PreparerPersonGrp/PhoneNum05072850398
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A NIETZ
ReturnHeader/ReturnTs02021-10-04T09:47:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LUDOWESE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings