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.
1.00x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% 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
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Down$441,036
Down $11,751 (-2.6%) from 2015
Net Assets
Down-$1,026
Down $10,402 (-111%) from 2015
Liabilities
Down$442,062
Down $1,349 (-0.3%) from 2015
Revenue And Expenses
Revenue
Down$61,076
Down $825 (-1.3%) from 2015
Expenses
Up$71,479
Up $6,048 (+9.2%) from 2015
Net Income
Down-$10,403
Down $6,873 (-195%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- May 10, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $61,076
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. | - | $68,641 |
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 | Member | - | $0 | - | - |
| CAREN COUCH | Member | - | $0 | - | - |
| TRACY MENUEZ | Member | - | $0 | - | - |
| MARY MARTIN | Member | - | $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
- 2017-05-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Randall & Peterson Pc
- Address
- PO BOX 4325, MISSOULA, MT 59806-4325
- Preparer
- Elizabeth W Piehler
- Phone
- 4067285539
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 72 office 452 information technology 1,395 repair & maintenance 4,314 bad debt 1,915 supplies 13,055 non-investment depreciation 14,010 total 35,213”
Form 990-ez, Part II, Line 24
“Accounts receivable 385 0 prepaid expenses and deferred charges 368 373 equipment 0 3,247 less accumulated depreciation 0 728 total 753 2,892”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 4,254 3,062 tenant deposit 1,056 900 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 Appendix157 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 | 132030 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 133474 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10403 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 19918 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 452787 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 441036 |
| IRS990EZ/GrossReceiptsAmt | 0 | 61076 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 101 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 320004 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 304670 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9377 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -1026 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9377 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -1026 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 16046 |
| 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/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 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/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 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/PersonNm | 5 | TRACY MENUEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MARY MARTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 753 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2892 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 35213 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE FOR LOW-INCOME HOUSING |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 302 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 60975 |
| 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 | 68641 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 443410 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 442062 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71479 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68641 |
| IRS990EZ/TotalRevenueAmt | 0 | 61076 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 72 OFFICE 452 INFORMATION TECHNOLOGY 1,395 REPAIR & MAINTENANCE 4,314 BAD DEBT 1,915 SUPPLIES 13,055 NON-INVESTMENT DEPRECIATION 14,010 TOTAL 35,213 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 385 0 PREPAID EXPENSES AND DEFERRED CHARGES 368 373 EQUIPMENT 0 3,247 LESS ACCUMULATED DEPRECIATION 0 728 TOTAL 753 2,892 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,254 3,062 TENANT DEPOSIT 1,056 900 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 | 2017-02-10 21:41:12Z |
| 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 | 2017-05-10 |
| 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 & PETERSON PC |
| 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 | 2017-05-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ELIZABETH W PIEHLER |
| ReturnHeader/ReturnTs | 0 | 2017-05-12T13:37:25-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $441,036
- Liabilities
- $442,062
- Net assets
- -$1,026
- Revenue
- $61,076
- Expenses
- $71,479
- Net income
- -$10,403