Civic Intelligence

Frontier Communities Inc.

990 • Fiscal year 2016 • EIN 81-0451626

Jan 01, 2016 to Dec 31, 2016 • Filed on May 16, 2017

Refreshing map…

2929 3rd Avenue North Ste 538Billings, MT 59101

(406) 252-3773

Siviq Scores

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

Liabilities / Assets

97th percentile

1.72x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

3.29x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

26th percentile

-6.6%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

24th percentile

-5.6%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

44th percentile

0.3%

Faster revenue growth than 44% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$926,484

Down $55,353 (-5.6%) from 2015

Net Assets

Down

-$668,121

Down $31,929 (-5.0%) from 2015

Liabilities

Down

$1,594,605

Down $23,424 (-1.4%) from 2015

Revenue

Up

$484,877

Up $1,342 (+0.3%) from 2015

Expenses

Up

$516,806

Up $9,018 (+1.8%) from 2015

Net Income

Down

-$31,929

Down $7,676 (-32%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,138,208Liabilities 2010: $1,703,802Net Assets 2010: -$565,5942010Assets 2011: $1,126,764Liabilities 2011: $1,694,531Net Assets 2011: -$567,7672011Assets 2012: $1,107,738Liabilities 2012: $1,667,263Net Assets 2012: -$559,5252012Assets 2013: $1,082,200Liabilities 2013: $1,660,103Net Assets 2013: -$577,9032013Assets 2014: $1,028,525Liabilities 2014: $1,640,464Net Assets 2014: -$611,9392014Assets 2015: $981,837Liabilities 2015: $1,618,029Net Assets 2015: -$636,1922015Assets 2016: $926,484Liabilities 2016: $1,594,605Net Assets 2016: -$668,1212016Assets 2017: $861,839Liabilities 2017: $1,557,454Net Assets 2017: -$695,6152017Assets 2018: $850,084Liabilities 2018: $1,542,417Net Assets 2018: -$692,3332018Assets 2019: $832,208Liabilities 2019: $1,504,163Net Assets 2019: -$671,9552019Assets 2020: $858,417Liabilities 2020: $1,471,862Net Assets 2020: -$613,4452020Assets 2021: $882,890Liabilities 2021: $1,428,722Net Assets 2021: -$545,8322021Assets 2022: $914,412Liabilities 2022: $1,411,974Net Assets 2022: -$497,5622022Assets 2023: $973,735Liabilities 2023: $1,343,407Net Assets 2023: -$369,6722023Assets 2024: $1,065,433Liabilities 2024: $1,293,537Net Assets 2024: -$228,1042024

Highlighted filing

2016

Assets$926,484
Liabilities$1,594,605
Net Assets-$668,121

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $478,3772010Expenses 2011: $454,8152011Expenses 2012: $455,8412012Revenue 2013: $466,883Expenses 2013: $485,261Net Income 2013: -$18,3782013Revenue 2014: $464,653Expenses 2014: $498,689Net Income 2014: -$34,0362014Revenue 2015: $483,535Expenses 2015: $507,788Net Income 2015: -$24,2532015Revenue 2016: $484,877Expenses 2016: $516,806Net Income 2016: -$31,9292016Revenue 2017: $476,177Expenses 2017: $503,671Net Income 2017: -$27,4942017Revenue 2018: $493,501Expenses 2018: $490,219Net Income 2018: $3,2822018Revenue 2019: $491,880Expenses 2019: $471,502Net Income 2019: $20,3782019Revenue 2020: $517,463Expenses 2020: $458,953Net Income 2020: $58,5102020Revenue 2021: $560,063Expenses 2021: $492,450Net Income 2021: $67,6132021Revenue 2022: $577,188Expenses 2022: $528,918Net Income 2022: $48,2702022Revenue 2023: $631,090Expenses 2023: $503,200Net Income 2023: $127,8902023Revenue 2024: $640,238Expenses 2024: $498,670Net Income 2024: $141,5682024

Highlighted filing

2016

Revenue$484,877
Expenses$516,806
Net Income-$31,929
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 16, 2017
Return Version
2016v3.0
Gross Receipts
$484,877
Mission and Program Overview

Mission

To provide affordable and safe housing to low/moderate income earners in the communities in which we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$729,835$692,318▼ $37,517
Savings and Temporary Cash Investments$147,689$171,441▲ $23,752
Cash and Non-Interest-Bearing Accounts$71,409$38,223▼ $33,186
Prepaid Expenses and Deferred Charges$23,869$15,953▼ $7,916
Accounts Receivable$9,035$8,549▼ $486
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$981,837$926,484▼ $55,353
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,552,694$1,526,255▼ $26,439
Accounts Payable and Accrued Expenses$31,851$33,522▲ $1,671
Other Liabilities$32,201$33,049▲ $848
Deferred Revenue$1,283$1,779▲ $496
Total Liabilities$1,618,029$1,594,605▼ $23,424
Net Assets / Fund Balance
Unrestricted Net Assets$-636,192$-668,121▼ $31,929
Total Net Assets Fund Balance$-636,192$-668,121▼ $31,929
Total Liabilities and Net Assets / Fund Balance$981,837$926,484▼ $55,353

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$374,744$1,189,753$1,564,497
Leasehold Improvements$123,469$346,000$469,469
Other Land Buildings$36,175$166,278$202,453
Land$151,678-$151,678
Equipment$6,252$139,962$146,214
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles LindbergPresident
Andy BlackVice President
John D MccampbellDirector
Marc StewartDirector
Robert BearyDirector
Trudi DownerDirector
Sherman OlandSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$198,594
Program Service Revenue
$286,220
Investment Income
$63
Other Revenue
$0
Change in Net Assets
$-31,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$484,877
Total Revenue per Audited Statements
$484,877
Total Revenue per Form 990
$484,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$428,703
Salaries, Compensation, and Employee Benefits$88,103
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$129,910--$129,910
Occupancy$89,186--$89,186
Other Salaries and Wages$78,853--$78,853
Depreciation Depletion$67,312--$67,312
Fees for Services Management$41,084$7,250-$48,334
Insurance$13,816$1,708-$15,524
Office Expenses$14,373--$14,373
Fees for Services Accounting$7,855$1,386-$9,241
Travel$4,849$2,389-$7,238
Payroll Taxes$7,052--$7,052
All Other Expenses$2,620$3,489-$6,109
Other Expenses$4,663--$4,663
Advertising$4,383--$4,383
Other Employee Benefits$2,198--$2,198
Conferences and Meetings-$876-$876
Total Functional Expenses$499,708$17,098$0$516,806

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$516,806
Total Expenses per Audited Statements$516,806
Total Expenses per Form 990$516,806
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
Security Deposits$33,049
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 reviewed by management or executive committee prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Frontier Communities Inc
EIN
81-0451626
Address
2929 3RD AVENUE NORTH STE 538, BILLINGS, MT 59101

Signing Officer

Name
Charles Lindberg
Title
President
Signed
2017-05-16
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
8

Preparer

Firm
Mrachek Popp & Associates PC
Address
404 North 31st Suite 400, Billings, MT 59101
Preparer
Jeffrey Mrachek
Phone
4062526301
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IRS990/OtherSalariesAndWagesGrp/TotalAmt078853
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07052
IRS990/PayrollTaxesGrp/TotalAmt07052
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023869
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015953
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTS (NET OF VACANCY)
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0286220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0286220
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0202897
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt067
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0432433
IRS990/PYProgramServiceRevenueAmt0280571
IRS990/PYRevenuesLessExpensesAmt0-24253
IRS990/PYSalariesCompEmpBnftPaidAmt075355
IRS990/PYTotalExpensesAmt0507788
IRS990/PYTotalRevenueAmt0483535
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-31929
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0147689
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0171441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0202897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0178769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0178412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0190483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0949155
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0430
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt0949155
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0202897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0178769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0190483
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0949155
IRS990ScheduleA/TotalSupportAmt0949585
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0374744
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01189753
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01564497
IRS990ScheduleD/EquipmentGrp/BookValueAmt06252
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139962
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0146214
IRS990ScheduleD/ExpensesSubtotalAmt0516806
IRS990ScheduleD/LandGrp/BookValueAmt0151678
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151678
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0123469
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0346000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0469469
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036175
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0166278
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0202453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0484877
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0692318
IRS990ScheduleD/TotalExpensesPerForm990Amt0516806
IRS990ScheduleD/TotalLiabilityAmt033049
IRS990ScheduleD/TotalRevenuePerForm990Amt0484877
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0484877
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0516806
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 reviewed by management or executive committee prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0981837
IRS990/TotalAssetsEOYAmt0926484
IRS990/TotalAssetsGrp/BOYAmt0981837
IRS990/TotalAssetsGrp/EOYAmt0926484
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0198594
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017098
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0499708
IRS990/TotalFunctionalExpensesGrp/TotalAmt0516806
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01618029
IRS990/TotalLiabilitiesEOYAmt01594605
IRS990/TotalLiabilitiesGrp/BOYAmt01618029
IRS990/TotalLiabilitiesGrp/EOYAmt01594605
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-636192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-668121
IRS990/TotalProgramServiceExpensesAmt0499708
IRS990/TotalProgramServiceRevenueAmt0286220
IRS990/TotalRevenueGrp/ExclusionAmt063
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0286220
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0484877
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0981837

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.29$0.23$0.64$0.50$0.14
2023Summary only. Only limited summary data is available for this year.$0.97$1.34$0.37$0.63$0.50$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.41$0.50$0.58$0.53$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.43$0.55$0.56$0.49$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.47$0.61$0.52$0.46$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$1.50$0.67$0.49$0.47$0.02
2018Summary only. Only limited summary data is available for this year.$0.85$1.54$0.69$0.49$0.49$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$1.56$0.70$0.48$0.50$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.93$1.59$0.67$0.48$0.52$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$1.62$0.64$0.48$0.51$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.03$1.64$0.61$0.46$0.50$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.08$1.66$0.58$0.47$0.49$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$1.67$0.56$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$1.69$0.57$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.70$0.57$0.48