Civic Intelligence

Mansface Terrace Housing Development Corporation

990 • Fiscal year 2020 • EIN 83-0244195

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

7351 South Union Park Avenue 250Midvale, UT 84047

(801) 565-0700

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

2.95x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

44th percentile

2.4%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

16th percentile

-4.4%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-3.9%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,543,262

Down $71,557 (-4.4%) from 2019

Net Assets

Up

-$406,040

Up $15,979 (+3.8%) from 2019

Liabilities

Down

$1,949,302

Down $87,536 (-4.3%) from 2019

Revenue

Down

$659,777

Down $26,712 (-3.9%) from 2019

Expenses

Down

$643,798

Down $3,736 (-0.6%) from 2019

Net Income

Down

$15,979

Down $22,976 (-59%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,946,656Liabilities 2011: $2,389,916Net Assets 2011: -$443,2602011Assets 2012: $1,831,224Liabilities 2012: $2,282,607Net Assets 2012: -$451,3832012Assets 2013: $1,789,931Liabilities 2013: $2,256,347Net Assets 2013: -$466,4162013Assets 2014: $1,730,724Liabilities 2014: $2,227,709Net Assets 2014: -$496,9852014Assets 2015: $1,672,390Liabilities 2015: $2,183,724Net Assets 2015: -$511,3342015Assets 2016: $1,647,714Liabilities 2016: $2,133,243Net Assets 2016: -$485,5292016Assets 2017: $1,636,147Liabilities 2017: $2,106,904Net Assets 2017: -$470,7572017Assets 2018: $1,615,519Liabilities 2018: $2,076,493Net Assets 2018: -$460,9742018Assets 2019: $1,614,819Liabilities 2019: $2,036,838Net Assets 2019: -$422,0192019Assets 2020: $1,543,262Liabilities 2020: $1,949,302Net Assets 2020: -$406,0402020Assets 2021: $1,491,976Liabilities 2021: $1,880,826Net Assets 2021: -$388,8502021Assets 2022: $1,470,071Liabilities 2022: $1,828,086Net Assets 2022: -$358,0152022Assets 2023: $1,504,480Liabilities 2023: $1,791,803Net Assets 2023: -$287,3232023Assets 2024: $1,533,464Liabilities 2024: $1,725,265Net Assets 2024: -$191,8012024Assets 2025: $1,570,990Liabilities 2025: $1,684,271Net Assets 2025: -$113,2812025

Highlighted filing

2020

Assets$1,543,262
Liabilities$1,949,302
Net Assets-$406,040

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $596,0922011Expenses 2012: $618,8622012Revenue 2013: $624,646Expenses 2013: $639,679Net Income 2013: -$15,0332013Revenue 2014: $631,768Expenses 2014: $662,337Net Income 2014: -$30,5692014Revenue 2015: $633,036Expenses 2015: $647,385Net Income 2015: -$14,3492015Revenue 2016: $647,606Expenses 2016: $621,801Net Income 2016: $25,8052016Revenue 2017: $658,337Expenses 2017: $643,565Net Income 2017: $14,7722017Revenue 2018: $679,602Expenses 2018: $669,819Net Income 2018: $9,7832018Revenue 2019: $686,489Expenses 2019: $647,534Net Income 2019: $38,9552019Revenue 2020: $659,777Expenses 2020: $643,798Net Income 2020: $15,9792020Revenue 2021: $686,722Expenses 2021: $669,532Net Income 2021: $17,1902021Revenue 2022: $693,023Expenses 2022: $662,188Net Income 2022: $30,8352022Revenue 2023: $744,902Expenses 2023: $674,210Net Income 2023: $70,6922023Revenue 2024: $754,896Expenses 2024: $659,374Net Income 2024: $95,5222024Revenue 2025: $751,206Expenses 2025: $672,686Net Income 2025: $78,5202025

Highlighted filing

2020

Revenue$659,777
Expenses$643,798
Net Income$15,979
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.0
Gross Receipts
$659,777
Mission and Program Overview

Mission

Low income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$872,071$936,335▲ $64,264
Savings and Temporary Cash Investments$637,864$512,070▼ $125,794
Cash and Non-Interest-Bearing Accounts$67,009$73,185▲ $6,176
Prepaid Expenses and Deferred Charges$22,537$7,094▼ $15,443
Accounts Receivable$229$145▼ $84
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$1,614,819$1,543,262▼ $71,557
Other Assets Total$15,109$14,433▼ $676
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,952,362$1,900,032▼ $52,330
Accounts Payable and Accrued Expenses$64,841$31,625▼ $33,216
Other Liabilities$19,521$17,625▼ $1,896
Deferred Revenue$114$20▼ $94
Total Liabilities$2,036,838$1,949,302▼ $87,536
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-422,019$-406,040▲ $15,979
Total Net Assets Fund Balance$-422,019$-406,040▲ $15,979
Total Liabilities and Net Assets / Fund Balance$1,614,819$1,543,262▼ $71,557

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$491,079$2,825,005$3,316,084
Other Land Buildings$77,660$358,165$435,825
Leasehold Improvements$202,269$154,517$356,786
Land$163,739-$163,739
Equipment$1,588$60,049$61,637
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris DeanPresident
Michael LibertyVice President
Chris WilliamsBoard Member
John TaylorBoard Member
Joy WalkerBoard Member
Barbara Van MatreSecretary
Fred LintonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$659,351
Investment Income
$426
Other Revenue
$0
Change in Net Assets
$15,979

Audited Revenue Reconciliation

Revenue per Audited Statements
$659,777
Total Revenue per Audited Statements
$659,777
Total Revenue per Form 990
$659,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$643,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$151,779--$151,779
Interest$85,434--$85,434
Occupancy$56,027--$56,027
All Other Expenses$21,930$31,384-$53,314
Fees for Services Management-$36,288-$36,288
Other Expenses$33,062$21,218-$21,218
Insurance$20,918--$20,918
Fees for Services Accounting-$16,890-$16,890
Office Expenses-$11,620-$11,620
Advertising-$5,157-$5,157
Conferences and Meetings-$3,891-$3,891
Total Functional Expenses$455,907$187,891$0$643,798

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$643,798
Total Expenses per Audited Statements$643,798
Total Expenses per Form 990$643,798
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
Tenant Security Deposits$17,625
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

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

Return is reviewed by management agent on behalf of the board.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mansface Terrace Housing Development Crp
EIN
83-0244195
Address
7351 SOUTH UNION PARK AVENUE 250, MIDVALE, UT 84047

Signing Officer

Name
Chris Dean
Title
President
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Simpson and Company
Address
5353 S 960 E STE 102, MURRAY, UT 84117
Preparer
Kenneth R Simpson
Phone
8014845206
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2434938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0207562
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2434938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412310
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0364
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0647534
IRS990/PYProgramServiceRevenueAmt0686125
IRS990/PYRevenuesLessExpensesAmt038955
IRS990/PYTotalExpensesAmt0647534
IRS990/PYTotalRevenueAmt0686489
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt015979
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0637864
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0512070
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0426
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0364
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0241
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01577
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0659351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0686125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0679299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0658094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0647365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03330234
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0426
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0364
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01577
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt03330234
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0659351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0686125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0679299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0658094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0647365
IRS990ScheduleA/Total509Grp/TotalAmt03330234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0659777
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0686489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0679602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0658337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0647606
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03331811
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0491079
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02825005
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03316084
IRS990ScheduleD/EquipmentGrp/BookValueAmt01588
IRS990ScheduleD/EquipmentGrp/DepreciationAmt060049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061637
IRS990ScheduleD/ExpensesSubtotalAmt0643798
IRS990ScheduleD/LandGrp/BookValueAmt0163739
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0163739
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0202269
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0154517
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0356786
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077660
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0358165
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0435825
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0659777
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0936335
IRS990ScheduleD/TotalExpensesPerForm990Amt0643798
IRS990ScheduleD/TotalLiabilityAmt017625
IRS990ScheduleD/TotalRevenuePerForm990Amt0659777
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0659777
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0643798
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Return is reviewed by management agent on behalf of the board.
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01614819
IRS990/TotalAssetsEOYAmt01543262
IRS990/TotalAssetsGrp/BOYAmt01614819
IRS990/TotalAssetsGrp/EOYAmt01543262
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187891
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0455907
IRS990/TotalFunctionalExpensesGrp/TotalAmt0643798
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02036838
IRS990/TotalLiabilitiesEOYAmt01949302
IRS990/TotalLiabilitiesGrp/BOYAmt02036838
IRS990/TotalLiabilitiesGrp/EOYAmt01949302
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-422019
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-406040
IRS990/TotalProgramServiceExpensesAmt0455907
IRS990/TotalProgramServiceRevenueAmt0659351
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0659777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0659777

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.57$1.68$0.11$0.75$0.67$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.53$1.73$0.19$0.75$0.66$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.50$1.79$0.29$0.74$0.67$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.47$1.83$0.36$0.69$0.66$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.49$1.88$0.39$0.69$0.67$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.54$1.95$0.41$0.66$0.64$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.61$2.04$0.42$0.69$0.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.62$2.08$0.46$0.68$0.67$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.64$2.11$0.47$0.66$0.64$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.65$2.13$0.49$0.65$0.62$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.67$2.18$0.51$0.63$0.65$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.73$2.23$0.50$0.63$0.66$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$2.26$0.47$0.62$0.64$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$2.28$0.45$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$2.39$0.44$0.60