Civic Intelligence

Veterans Ambulatory Center Development Corporation

990 • Fiscal year 2019 • EIN 81-5352624

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

Organization ProfileNebraska Philanthropic Trust
10050 Regency Circle Suite 101Omaha, NE 68114

(402) 391-3190

Siviq Scores

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

Liabilities / Assets

85th percentile

0.80x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

31.40x

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

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

97th percentile

76%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

6th percentile

$46,196

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

50th percentile

4.4%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$76,446,674

Up $3,242,777 (+4.4%) from 2018

Net Assets

Up

$15,565,295

Up $1,468,680 (+10%) from 2018

Liabilities

Up

$60,881,379

Up $1,774,097 (+3.0%) from 2018

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin97th percentile

Revenue

Down

$1,938,847

Down $7,536,854 (-80%) from 2018

Expenses

Down

$470,167

Down $498,306 (-51%) from 2018

Net Income

Down

$1,468,680

Down $7,038,548 (-83%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$80M$60M$40M$20M$0Assets 2017: $43,660,863Liabilities 2017: $38,071,476Net Assets 2017: $5,589,3872017Assets 2018: $73,203,897Liabilities 2018: $59,107,282Net Assets 2018: $14,096,6152018Assets 2019: $76,446,674Liabilities 2019: $60,881,379Net Assets 2019: $15,565,2952019Assets 2020: $2,300,786Liabilities 2020: $1,690,877Net Assets 2020: $609,9092020Assets 2021: $1,011,639Liabilities 2021: $523,567Net Assets 2021: $488,0722021Assets 2022: $1,002,934Liabilities 2022: $541,774Net Assets 2022: $461,1602022

Highlighted filing

2019

Assets$76,446,674
Liabilities$60,881,379
Net Assets$15,565,295
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$20M$10M$0-$10M-$20MRevenue 2017: $6,518,566Expenses 2017: $929,179Net Income 2017: $5,589,3872017Revenue 2018: $9,475,701Expenses 2018: $968,473Net Income 2018: $8,507,2282018Revenue 2019: $1,938,847Expenses 2019: $470,167Net Income 2019: $1,468,6802019Revenue 2020: $3,158,326Expenses 2020: $18,113,712Net Income 2020: -$14,955,3862020Revenue 2021: $9Expenses 2021: $121,846Net Income 2021: -$121,8372021Revenue 2022: $6Expenses 2022: $26,918Net Income 2022: -$26,9122022

Highlighted filing

2019

Revenue$1,938,847
Expenses$470,167
Net Income$1,468,680
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.0
Gross Receipts
$1,938,847
Mission and Program Overview

Mission

The Organization was created to function as an entity to partner with the Department of Veterans Affairs, pursuant to the Communities Helping Invest through Property and Improvements Needed for Veteran's Act of 2016 ("CHIP IN for Vets Act of 2016"), to design, construct, and develop a new outpatient facility, research facilities and related facilities contemplated to be commonly used by the Department of Veterans Affairs/Omaha and Western Iowa Veterans Administration, and to renovate existing V. A. facilities to other hospital uses. The new outpatient facility was completed in 2020. The Organization remains in existence to facilitate any potential future projects with the local Department of Veteran Affairs.

The specific purpose of the Organization is to function as an entity which will partner with the Department of Veteran's Affairs, pursuant to the Communities Helping Invest through Property and Improvements Needed for Veteran's Act of 2016 ("CHIP IN for Vets Act" of 2016), to design, construct, and develop a new outpatient facility, research facilities and related facilities contemplated to be commonly used by the Department of Veterans Affairs/Omaha and Western Iowa Veterans Administration, and to renovate existing V. A. facilities to other hospital uses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,251,226$12,000,930▲ $1,749,704
Cash and Non-Interest-Bearing Accounts$9,787,540$5,022,229▼ $4,765,311
Investments Other Securities$33,175,009$5,018,645▼ $28,156,364
Pledges and Grants Receivable$4,009,743$2,560,000▼ $1,449,743
Prepaid Expenses and Deferred Charges-$120,000-
Total Assets$73,203,897$76,446,674▲ $3,242,777
Other Assets Total$15,980,379$51,724,870▲ $35,744,491
Liabilities
Escrow Account Liability$56,000,000$56,000,000→ $0
Accounts Payable and Accrued Expenses$2,352,744$3,773,781▲ $1,421,037
Other Liabilities$754,538$1,107,598▲ $353,060
Total Liabilities$59,107,282$60,881,379▲ $1,774,097
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,096,615$15,565,295▲ $1,468,680
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$14,096,615$15,565,295▲ $1,468,680
Total Liabilities and Net Assets / Fund Balance$73,203,897$76,446,674▲ $3,242,777

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$51,724,870--
Other Securities$5,018,645--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael PallesenSecretaryPT$46,196$46,196

Board Members and Trustees

NameTitle
Walter Scott JrChairman
Susan MorrisPresident and Director
Dr Jeffrey GoldDirector
Michael YanneyDirector
Jennifer CallahanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,731,002
Program Service Revenue
$0
Investment Income
$207,845
Other Revenue
$0
All Other Contributions
$1,731,002
Change in Net Assets
$1,468,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,167
Professional Fundraising Fees$200,000
Total Fundraising Expense$200,000
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$200,000$200,000
Fees for Services Other$177,291$6,942-$184,233
Fees for Services Legal$36,956$9,239-$46,195
Travel$20,765-$0$20,765
Other Expenses$0$5,644$0$5,644
Fees for Services Accounting-$3,546-$3,546
Total Functional Expenses$235,012$35,155$200,000$470,167
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$200,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable to Veterans Administration$1,107,598
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
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, Section A, Line 2

“Board members have business relationships with other Board members.”

Form 990, Part VI, Section B, Line 11B

“The 990 is prepared by the Treasurer and reviewed by the Secretary and President. A copy of the 990 and all attached schedules are distributed to all Board members prior to the filing of the 990.”

Form 990, Part VI, Section B, Line 12C

“Compliance with the conflict of interest policy is reviewed annually at a VACDC board meeting with both Directors and Officers of the Organization.”

Form 990, Part VI, Section C, Line 19

“The Organization would provide its governing documents, financial statements and tax forms upon request.”

Filing and Contact Details

Filer

Filer Name
Veterans Ambulatory Center Development Corporation
EIN
81-5352624
Phone
4023913190
Address
10050 Regency Circle Suite 101, Omaha, NE 68114

Signing Officer

Name
Jennifer Callahan
Title
Controller
Phone
4023913190
Signed
2020-07-15

Organization Details

Principal Officer
Susan Morris
Formed
2016
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other services include contracted services relating to project administration and construction management.”

Financial Statement Notes

Schedule D, Part IV, Line 2B

“The Organization maintains an escrow account pursuant to an agreement with the Department of Veteran Affairs. The escrow account is maintained at an Omaha bank for the sole purpose of the VA to deposit funds and the Organization and the VA to jointly approve withdrawls, to allow the Organization to pay its contractors in arrears, for actual work performed for the construction of the ambulatory care facility. The funds on deposit in the escrow account may only be held in obligations of the United States Government. Any earnings from such investments shall be tracked separately, held back from any disbursement, and remitted to the Veterans Affairs upon termination of the Escrow Agreement. Interest earned in this escrow account is shown as Interest Payable to Veterans Affairs on the balance sheet. The Veterans Administration contributed a total of $56 million to this escrow account which is being spent for design and construction of the facility. Although the $56 million is being spent down on design and construction of the facility, the total $56 million will remain as a liability until the facility is complete and control is transfered to the Department of Veteran Affairs.”

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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0207845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt072754
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0109113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0389712
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05800099
IRS990ScheduleA/SubstantialContributorsTotAmt011352030
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01231002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09402947
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06518180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017152129
IRS990ScheduleA/TotalSupportAmt017541841
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051724870
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01107598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Interest Payable to Veterans Administration
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05018645
IRS990ScheduleD/OtherSecuritiesGrp/Desc0US Treasury Bill
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization maintains an escrow account pursuant to an agreement with the Department of Veteran Affairs. The escrow account is maintained at an Omaha bank for the sole purpose of the VA to deposit funds and the Organization and the VA to jointly approve withdrawls, to allow the Organization to pay its contractors in arrears, for actual work performed for the construction of the ambulatory care facility. The funds on deposit in the escrow account may only be held in obligations of the United States Government. Any earnings from such investments shall be tracked separately, held back from any disbursement, and remitted to the Veterans Affairs upon termination of the Escrow Agreement. Interest earned in this escrow account is shown as Interest Payable to Veterans Affairs on the balance sheet. The Veterans Administration contributed a total of $56 million to this escrow account which is being spent for design and construction of the facility. Although the $56 million is being spent down on design and construction of the facility, the total $56 million will remain as a liability until the facility is complete and control is transfered to the Department of Veteran Affairs.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part IV, Line 2b
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051724870
IRS990ScheduleD/TotalBookValueSecuritiesAmt05018645
IRS990ScheduleD/TotalLiabilityAmt01107598
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/AllStatesCd0All States
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0The Organization contracted with Heritage Services (a 501c3 organization) for fundraising and project management services. A $200,000 fundraising fee and $120,000 project management fee was paid for full project management and fundraising.
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt01231001
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0911001
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Heritage Services
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0320000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt010050 Regency Circle Suite 101
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Omaha
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd068114
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt01231001
IRS990ScheduleG/TotalNetToOrganizationAmt0911001
IRS990ScheduleG/TotalRetainedByContractorsAmt0320000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members have business relationships with other Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is prepared by the Treasurer and reviewed by the Secretary and President. A copy of the 990 and all attached schedules are distributed to all Board members prior to the filing of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compliance with the conflict of interest policy is reviewed annually at a VACDC board meeting with both Directors and Officers of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization would provide its governing documents, financial statements and tax forms upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other services include contracted services relating to project administration and construction management.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Heritage Services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470731254
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0fundraising and project management
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt010050 Regency Parkway Circle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0Suite 101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Omaha
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068114
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,446,674
Liabilities
$60,881,379
Net assets
$15,565,295
Revenue
$1,938,847
Expenses
$470,167
Net income
$1,468,680
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.54$0.46$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.52$0.49$0.00$0.12$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.30$1.69$0.61$3.16$18.1$15.0
2019Detailed filing. Detailed filing data is available for this year.$76.4$60.9$15.6$1.94$0.47$1.47
2018Summary only. Only limited summary data is available for this year.$73.2$59.1$14.1$9.48$0.97$8.51
2017Summary only. Only limited summary data is available for this year.$43.7$38.1$5.59$6.52$0.93$5.59