Civic Intelligence

Herreid Area Housing Development Inc.

990EZ • Fiscal year 2018 • EIN 81-3983000

Jan 01, 2018 to Dec 31, 2018 • Filed on May 09, 2019

Organization ProfileN/A
PO Box 235Herreid, SD 57632

(605) 437-2612

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.87x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

5.14x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

50th percentile

1.7%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$476,620

Up $7,832 (+1.7%) from 2017

Net Assets

Up

$60,931

Up $19,792 (+48%) from 2017

Liabilities

Down

$415,689

Down $11,960 (-2.8%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin80th percentile

Revenue

Up

$80,913

Up $15,707 (+24%) from 2017

Expenses

Up

$61,121

Up $30,788 (+102%) from 2017

Net Income

Down

$19,792

Down $15,081 (-43%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $468,788Liabilities 2017: $427,649Net Assets 2017: $41,1392017Assets 2018: $476,620Liabilities 2018: $415,689Net Assets 2018: $60,9312018Assets 2019: $258,933Liabilities 2019: $190,886Net Assets 2019: $68,0472019Assets 2020: $980,983Liabilities 2020: $839,659Net Assets 2020: $141,3242020Assets 2021: $1,421,996Liabilities 2021: $1,240,972Net Assets 2021: $181,0242021Assets 2022: $1,355,387Liabilities 2022: $1,133,844Net Assets 2022: $221,5432022Assets 2023: $1,287,775Liabilities 2023: $1,014,848Net Assets 2023: $272,9272023Assets 2024: $1,678,448Liabilities 2024: $1,322,472Net Assets 2024: $355,9762024

Highlighted filing

2018

Assets$476,620
Liabilities$415,689
Net Assets$60,931
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$300K$200K$100K$0Revenue 2017: $65,206Expenses 2017: $30,333Net Income 2017: $34,8732017Revenue 2018: $80,913Expenses 2018: $61,121Net Income 2018: $19,7922018Revenue 2019: $61,263Expenses 2019: $54,147Net Income 2019: $7,1162019Revenue 2020: $219,599Expenses 2020: $146,322Net Income 2020: $73,2772020Revenue 2021: $171,124Expenses 2021: $131,424Net Income 2021: $39,7002021Revenue 2022: $143,789Expenses 2022: $103,270Net Income 2022: $40,5192022Revenue 2023: $242,538Expenses 2023: $191,154Net Income 2023: $51,3842023Revenue 2024: $205,239Expenses 2024: $122,190Net Income 2024: $83,0492024

Highlighted filing

2018

Revenue$80,913
Expenses$61,121
Net Income$19,792
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 9, 2019
Return Version
2018v3.1
Gross Receipts
$80,913
Mission and Program Overview

Mission

To create affordable housing in the city of herreid, sd

Program Services

DescriptionGrantsExpenses
TO CREATE AFFORDABLE HOUSING IN THE CITY OF HERREID, SD-$35,394
PASS THRU GRANT--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROY DEAN SCHWARTZPresident-$0--
LETICIA WEISBECKTreasurer-$0--
DEB SCHUETZLESecretary-$0--
JOSH SAYLERDirector-$0--
TOM BADGERDirector-$0--
NICOLE MEIERVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Herreid Area Housing Development
EIN
81-3983000
Address
PO BOX 235, HERREID, SD 57632

Signing Officer

Name
Roy Dean Schwartz
Title
President
Signed
2019-05-09

Preparer

Firm
Cahill Bauer & Associates LLC
Address
PO BOX 669, MOBRIDGE, SD 57601-0669
Preparer
Jason Bauer
Phone
6058452927
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Pass thru 25,000 misc income 184 total 25,184”

Form 990-ez, Part I, Line 16

“Expenses stamps 88 misc 100 209 total 397”

Form 990-ez, Part II, Line 24

“Hedc 90,000 0 inventories for sale or use 0 321,501 299,731 0 less accumulated depreciation 2,421 0 total 387,310 321,501”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 335,000 294,246 security deposits 3,806 4,695 kd park payable 37,442 12,949 sdhda gov 1 50,501 50,501 hrc payable 900 0 sdhda gov 2 0 53,298”

Form 990-ez, Part III, Line 31

“PASS THRU GRANT”

Raw XML Appendix149 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD WERNER
IRS990EZ/BooksInCareOfDetail/PhoneNum06054372612
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 98
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HERREID
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057632
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt081478
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019267
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019792
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025330
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0468788
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0476620
IRS990EZ/GrossReceiptsAmt080913
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt048
IRS990EZ/LandAndBuildingsGrp/EOYAmt0135852
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041139
IRS990EZ/NetAssetsOrFundBalancesEOYAmt060931
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041139
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt060931
IRS990EZ/OccupancyRentUtltsAndMaintAmt035394
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROY DEAN SCHWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LETICIA WEISBECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEB SCHUETZLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSH SAYLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TOM BADGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NICOLE MEIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0387310
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0321501
IRS990EZ/OtherExpensesTotalAmt0397
IRS990EZ/OtherRevenueTotalAmt025184
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CREATE AFFORDABLE HOUSING IN THE CITY OF HERREID, SD
IRS990EZ/ProgramServiceRevenueAmt055681
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO CREATE AFFORDABLE HOUSING IN THE CITY OF HERREID, SD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PASS THRU GRANT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035394
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0427649
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0415689
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061121
IRS990EZ/TotalProgramServiceExpensesAmt035394
IRS990EZ/TotalRevenueAmt080913
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt080913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt054613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0135526
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0141026
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt080913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060113
IRS990ScheduleA/Total509Grp/TotalAmt0141026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt080913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt060113
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0141026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PASS THRU 25,000 MISC INCOME 184 TOTAL 25,184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES STAMPS 88 MISC 100 209 TOTAL 397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HEDC 90,000 0 INVENTORIES FOR SALE OR USE 0 321,501 299,731 0 LESS ACCUMULATED DEPRECIATION 2,421 0 TOTAL 387,310 321,501
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNSECURED NOTES AND LOANS PAYABLE 335,000 294,246 SECURITY DEPOSITS 3,806 4,695 KD PARK PAYABLE 37,442 12,949 SDHDA GOV 1 50,501 50,501 HRC PAYABLE 900 0 SDHDA GOV 2 0 53,298
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PASS THRU GRANT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY DEAN SCHWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERREID AREA HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0HERR
ReturnHeader/Filer/EIN0813983000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 235
ReturnHeader/Filer/USAddress/CityNm0HERREID
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057632
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DDE233634772D10E504DC8FE768467BD9E5983F9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06EE8956817CA1491E68B020A53D3BA51F4D41516
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:56:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900288354
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAHILL BAUER & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 669
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0576010669
ReturnHeader/PreparerPersonGrp/PhoneNum06058452927
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON BAUER
ReturnHeader/ReturnTs02019-05-15T10:56:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$476,620
Liabilities
$415,689
Net assets
$60,931
Revenue
$80,913
Expenses
$61,121
Net income
$19,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.68$1.32$0.36$0.21$0.12$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.29$1.01$0.27$0.24$0.19$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.36$1.13$0.22$0.14$0.10$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.42$1.24$0.18$0.17$0.13$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.84$0.14$0.22$0.15$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.19$0.07$0.06$0.05$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.42$0.06$0.08$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.43$0.04$0.07$0.03$0.03