Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.98x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Balance Sheet
Assets
Down$452,787
Down $3,213 (-0.7%) from 2014
Net Assets
$9,376
No earlier filing loaded for comparison.
Liabilities
Up$443,411
Up $317 (+0.1%) from 2014
Revenue And Expenses
Revenue
Up$61,901
Up $1,541 (+2.6%) from 2014
Expenses
Up$65,431
Up $5,582 (+9.3%) from 2014
Net Income
Down-$3,530
Down $4,041 (-791%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- May 12, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $61,901
Mission and Program Overview
Mission
Provide for low income housing
Provide for low-income housing
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SUMMIT PLACE APARTMENTS - PROVIDE LOW-INCOME HOUSING UPON THE TRANSFER OF PHYSICAL ASSETS FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. | - | $63,487 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KRISTIN HAMBURG | President | - | $0 | - | - |
| HEATHER GRENIER | Vice Preside | - | $0 | - | - |
| WHITT HAMPTON | Treasurer | - | $0 | - | - |
| JEFFREY RUPP | Director | - | $0 | - | - |
| CAREN COUCH | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Summit Apartments Inc
- EIN
- 81-0542899
- Phone
- 4065874486
- Address
- 32 S TRACY AVE, BOZEMAN, MT 59715
Signing Officer
- Name
- Heather Grenier
- Title
- Vice President
- Phone
- 4065874486
- Signed
- 2016-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Randall Hensel & Peterson
- Address
- PO BOX 4325, MISSOULA, MT 59806-4325
- Preparer
- Loren W Randall CPA
- Phone
- 4067285539
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 90 office 205 information technology 1,264 repair & maintenance 886 bad debt 743 supplies 12,104 non-investment depreciation 13,867 total 29,159”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 385 prepaid expenses and deferred charges 286 368 total 286 753”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 3,938 4,255 tenant deposit 1,056 1,056 mortgage and other notes payable 438,100 438,100”
Form 990-ez, Part IV
“All officers/directors are paid solely by hrdc of district ix, inc. All officers/directors are full time employees of hrdc of district ix, inc.”
Raw XML Appendix150 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WHITT HAMPTON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4065874486 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 32 S TRACY AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BOZEMAN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 59715 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 122788 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 132030 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3530 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 20193 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 456000 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 452787 |
| IRS990EZ/GrossReceiptsAmt | 0 | 61901 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 98 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 332926 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 320004 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 12906 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 9376 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 12906 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 9376 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 15678 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KRISTIN HAMBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HEATHER GRENIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WHITT HAMPTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JEFFREY RUPP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CAREN COUCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 286 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 753 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29159 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE FOR LOW-INCOME HOUSING |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 401 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 61803 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUMMIT PLACE APARTMENTS - PROVIDE LOW-INCOME HOUSING UPON THE TRANSFER OF PHYSICAL ASSETS FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 63487 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 443094 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 443411 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 65431 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 63487 |
| IRS990EZ/TotalRevenueAmt | 0 | 61901 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 810350886 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | HRDC OF DISTRICT IX INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 90 OFFICE 205 INFORMATION TECHNOLOGY 1,264 REPAIR & MAINTENANCE 886 BAD DEBT 743 SUPPLIES 12,104 NON-INVESTMENT DEPRECIATION 13,867 TOTAL 29,159 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 385 PREPAID EXPENSES AND DEFERRED CHARGES 286 368 TOTAL 286 753 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,938 4,255 TENANT DEPOSIT 1,056 1,056 MORTGAGE AND OTHER NOTES PAYABLE 438,100 438,100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL OFFICERS/DIRECTORS ARE PAID SOLELY BY HRDC OF DISTRICT IX, INC. ALL OFFICERS/DIRECTORS ARE FULL TIME EMPLOYEES OF HRDC OF DISTRICT IX, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART IV |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATHER GRENIER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4065874486 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SUMMIT APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SUMM |
| ReturnHeader/Filer/EIN | 0 | 810542899 |
| ReturnHeader/Filer/PhoneNum | 0 | 4065874486 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 32 S TRACY AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BOZEMAN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 59715 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 810522654 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RANDALL HENSEL & PETERSON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 4325 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MISSOULA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 598064325 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4067285539 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LOREN W RANDALL CPA |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T11:16:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $452,787
- Liabilities
- $443,411
- Net assets
- $9,376
- Revenue
- $61,901
- Expenses
- $65,431
- Net income
- -$3,530