Civic Intelligence

Hover Senior Living Community

990 • Fiscal year 2022 • EIN 84-0890971

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

Organization ProfileWWW.HOVERCOMMUNITY.ORG
1380 Charles DrLongmont, CO 80503

(303) 772-9292

Siviq Scores

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

Liabilities / Assets

69th percentile

0.21x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.37x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$149,061

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

20th percentile

-9.4%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$3,694,054

Down $383,472 (-9.4%) from 2021

Net Assets

Down

$2,903,400

Down $402,740 (-12%) from 2021

Liabilities

Up

$790,654

Up $19,268 (+2.5%) from 2021

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin15th percentile

Revenue

Up

$2,143,501

Up $33,277 (+1.6%) from 2021

Expenses

Up

$2,546,241

Up $284,871 (+13%) from 2021

Net Income

Down

-$402,740

Down $251,594 (-166%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$30M$20M$10M$0Assets 2011: $2,912,741Liabilities 2011: $84,178Net Assets 2011: $2,828,5632011Assets 2012: $2,959,228Liabilities 2012: $102,128Net Assets 2012: $2,857,1002012Assets 2013: $2,996,736Liabilities 2013: $139,546Net Assets 2013: $2,857,1902013Assets 2014: $3,059,580Liabilities 2014: $179,002Net Assets 2014: $2,880,5782014Assets 2015: $3,118,725Liabilities 2015: $139,979Net Assets 2015: $2,978,7462015Assets 2016: $3,184,659Liabilities 2016: $102,403Net Assets 2016: $3,082,2562016Assets 2017: $3,338,960Liabilities 2017: $109,811Net Assets 2017: $3,229,1492017Assets 2018: $4,180,203Liabilities 2018: $836,333Net Assets 2018: $3,343,8702018Assets 2019: $4,371,881Liabilities 2019: $847,361Net Assets 2019: $3,524,5202019Assets 2020: $4,487,219Liabilities 2020: $1,029,933Net Assets 2020: $3,457,2862020Assets 2021: $4,077,526Liabilities 2021: $771,386Net Assets 2021: $3,306,1402021Assets 2022: $3,694,054Liabilities 2022: $790,654Net Assets 2022: $2,903,4002022Assets 2023: $3,202,404Liabilities 2023: $681,423Net Assets 2023: $2,520,9812023Assets 2024: $22,773,397Liabilities 2024: $17,818,689Net Assets 2024: $4,954,7082024

Highlighted filing

2022

Assets$3,694,054
Liabilities$790,654
Net Assets$2,903,400
Open 2022 Filing

Operations Trend

Revenue Growth43rd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,733,5902011Revenue 2012: $2,009,490Expenses 2012: $1,980,953Net Income 2012: $28,5372012Expenses 2013: $2,015,5082013Revenue 2014: $2,020,934Expenses 2014: $2,001,767Net Income 2014: $19,1672014Revenue 2015: $2,058,520Expenses 2015: $1,960,386Net Income 2015: $98,1342015Revenue 2016: $2,081,720Expenses 2016: $1,982,512Net Income 2016: $99,2082016Revenue 2017: $2,084,249Expenses 2017: $1,935,697Net Income 2017: $148,5522017Revenue 2018: $1,878,478Expenses 2018: $1,764,604Net Income 2018: $113,8742018Revenue 2019: $2,163,574Expenses 2019: $1,986,061Net Income 2019: $177,5132019Revenue 2020: $2,089,348Expenses 2020: $2,157,963Net Income 2020: -$68,6152020Revenue 2021: $2,110,224Expenses 2021: $2,261,370Net Income 2021: -$151,1462021Revenue 2022: $2,143,501Expenses 2022: $2,546,241Net Income 2022: -$402,7402022Revenue 2023: $2,424,721Expenses 2023: $2,807,140Net Income 2023: -$382,4192023Revenue 2024: $11,906,004Expenses 2024: $13,248,064Net Income 2024: -$1,342,0602024

Highlighted filing

2022

Revenue$2,143,501
Expenses$2,546,241
Net Income-$402,740
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$2,143,501
Mission and Program Overview

Mission

Hover community provides facilities and services for the benefit of the general public. The organization operates an assisted living residence for the elderly and handicapped and oversees the continuing development of a retirement campus.

Hover community provides facilities and services for the benefit of the general public.the organization operates an assisted living residence for the elderly and handicapped and oversees the continuing development of a retirement campus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,795,413$1,620,241▼ $175,172
Other Notes and Loans Receivable, Net$1,279,855$1,027,855▼ $252,000
Savings and Temporary Cash Investments$820,790$692,311▼ $128,479
Cash and Non-Interest-Bearing Accounts$121,182$184,163▲ $62,981
Accounts Receivable$22,299$82,107▲ $59,808
Prepaid Expenses and Deferred Charges$6,534$64,301▲ $57,767
Inventories for Sale or Use$1,670$1,380▼ $290
Total Assets$4,077,526$3,694,054▼ $383,472
Other Assets Total$29,783$21,696▼ $8,087
Liabilities
Mortgage Notes Payable Secured by Investment Property$647,993$646,371▼ $1,622
Accounts Payable and Accrued Expenses$110,321$137,659▲ $27,338
Deferred Revenue$13,072$6,624▼ $6,448
Total Liabilities$771,386$790,654▲ $19,268
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,296,140$2,901,470▼ $394,670
Net Assets With Donor Restrictions$10,000$1,930▼ $8,070
Total Net Assets Fund Balance$3,306,140$2,903,400▼ $402,740
Total Liabilities and Net Assets / Fund Balance$4,077,526$3,694,054▼ $383,472

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,345,597$2,715,015$4,060,612
Equipment$86,429$302,209$388,638
Land$188,215-$188,215
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Holly RaymerChief Executive OfficerPT-$149,061$149,061
Lisa GauChief Financial OfficerPT$83,222$45,743$128,965

Board Members and Trustees

NameTitle
Nancy SchwalmPresident
Marty BlockVice President
Bonnie FinleyVice President Pro Tempore
Carole HullDirector
Daniel KapsakDirector
Debra ShumarDirector
Jeff JerebkerDirector
Jeff KingDirector
Keith EvansDirector
Paula EnriettoDirector
Peter HoltDirector
Ruthie HortonChief Executive Officer
Lois BoscheeSecretary
Dode SimonsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,092
Program Service Revenue
$2,117,192
Investment Income
$1,534
Other Revenue
$2,683
All Other Contributions
$22,092
Change in Net Assets
$-402,740

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,143,501
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$23,454
Total Revenue per Audited Statements
$2,166,955
Total Revenue per Form 990
$2,143,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,416,583
Other Expenses$1,129,658
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$938,771$178,813-$1,117,584
Fees for Services Other$331,910$30,881-$362,791
Depreciation Depletion$187,914$3,835-$191,749
All Other Expenses$104,011$29,966-$133,977
Other Employee Benefits$87,609$16,687-$104,296
Payroll Taxes$80,815$15,393-$96,208
Current Officers, Directors, Trustees, and Key Employees$74,518$14,194-$88,712
Insurance$50,299$1,824-$52,123
Other Expenses$31,211$10,359-$31,211
Interest$29,122--$29,122
Fees for Services Accounting-$11,800-$11,800
Information Technology-$11,795-$11,795
Pension Plan Contributions$8,218$1,565-$9,783
Advertising$7,788--$7,788
Fees for Service Investment Mgmnt Fees-$3,213-$3,213
Travel-$1,148-$1,148
Fees for Services Legal-$392-$392
Total Functional Expenses$2,214,376$331,865$0$2,546,241

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,569,695
Expenses per Audited Statements$2,546,241
Total Expenses per Form 990$2,546,241
Expenses Not Reported on Form 990$23,454
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The board of directors reviews and approves an electronic version of the annual form 990. An officer of the organizations signs the efile form before the return is electronically filed with the irs.”

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

“All conflicts of interest are required to be disclosed to the board of directors by completing the conflict of interest statement form.”

Form 990, Part VI, Section B, Line 15A

“The executive committee develops the compensation package for the executive director. The committee reviews several sources of data to determine the compensation which includes guidestar and various surveys.”

Form 990, Part VI, Section C, Line 19

“Governing documents, the conflict of interest policy, and financial statements are made available to the public upon request and approval by the ceo.”

Filing and Contact Details

Filer

Filer Name
Hover Community Inc
EIN
84-0890971
Phone
3037729292
Address
1380 CHARLES DR, LONGMONT, CO 80503

Signing Officer

Name
Jeff King
Title
Treasurer
Phone
3037729292
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Schwalm
Formed
1982
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
83
Volunteers
0

Preparer

Firm
Brock and Company Cpas Pc
Address
4940 PEARL EAST CR SUITE 300, BOULDER, CO 80301
Preparer
Lee P Ackerman
Phone
3034442971
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 3,431. Management and general expenses 30,881. Fundraising expenses 0. Total expenses 34,312. Care consultants: program service expenses 319,055. Management and general expenses 0. Fundraising expenses 0. Total expenses 319,055. Contact labor: program service expenses 9,424. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,424.”

FORM 990, PART XII, LINE 2C:

“There have been no changes to the process since the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a nonprofit corporation exempt from income taxes as described in section 501(c)(3) of the internal revenue code and is classified by the internal revenue service as other than a private foundation. Accordingly, no provision for income taxes has been made. The organization utilizes the provisions of asc 740, pertaining to accounting for uncertainty in income taxes. The pronouncement requires the use of a more-likely-than-not recognition criteria before and separate from the measurement of a tax position. An entity shall initially recognize the financial statement effects of a tax position when it is more-likely-than-not, based on the technical merits, that the position will be sustained upon examination. With respect to the organization, this would primarily relate to the determination of unrelated business taxable income and to the maintenance of its tax exempt status. Management has evaluated the adopted policies and procedures that have been implemented to provide assurance that income is properly characterized and activities that jeopardize its tax exempt status are within limits established under existing tax code and regulations. Management has determined the effects of uncertain tax positions are not material to the organization for recognition or disclosure in the accompanying financial statements and, accordingly, no income tax liability has been recorded for uncertain income tax positions in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“NONCASH INTEREST INCOME”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Contribution, interest forgiveness”

Raw XML AppendixShowing 400 of 630 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0110321
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0137659
IRS990/AccountsReceivableGrp/BOYAmt022299
IRS990/AccountsReceivableGrp/EOYAmt082107
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HOVER COMMUNITY PROVIDES FACILITIES AND SERVICES FOR THE BENEFIT OF THE GENERAL PUBLIC.THE ORGANIZATION OPERATES AN ASSISTED LIVING RESIDENCE FOR THE ELDERLY AND HANDICAPPED AND OVERSEES THE CONTINUING DEVELOPMENT OF A RETIREMENT CAMPUS.
IRS990/AdvertisingGrp/ProgramServicesAmt07788
IRS990/AdvertisingGrp/TotalAmt07788
IRS990/AllOtherContributionsAmt022092
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt029966
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0104011
IRS990/AllOtherExpensesGrp/TotalAmt0133977
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HOVER COMMUNITY INC
IRS990/BooksInCareOfDetail/PhoneNum03037729292
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01380 CHARLES DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0LONGMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080503
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0121182
IRS990/CashNonInterestBearingGrp/EOYAmt0184163
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014194
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt074518
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt088712
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022092
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01534
IRS990/CYOtherExpensesAmt01129658
IRS990/CYOtherRevenueAmt02683
IRS990/CYProgramServiceRevenueAmt02117192
IRS990/CYRevenuesLessExpensesAmt0-402740
IRS990/CYSalariesCompEmpBnftPaidAmt01416583
IRS990/CYTotalExpensesAmt02546241
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02143501
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt013072
IRS990/DeferredRevenueGrp/EOYAmt06624
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03835
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0187914
IRS990/DepreciationDepletionGrp/TotalAmt0191749
IRS990/Desc0HOVER COMMUNITY PROVIDES HOUSING AND HEALTH SERVICES FOR PERSONS SIXTY-TWO YEARS OF AGE AND OLDER. THE ORGANIZATION OPERATES A FIFTY-ONE UNIT ASSISTED LIVING RESIDENCE AND PROVIDES PERSONAL CARE SERVICES FOR THE ELDERLY AND HANDICAPPED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt010000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01930
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt083
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02214376
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011800
IRS990/FeesForServicesAccountingGrp/TotalAmt011800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0392
IRS990/FeesForServicesLegalGrp/TotalAmt0392
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt030881
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0331910
IRS990/FeesForServicesOtherGrp/TotalAmt0362791
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03213
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03213
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1325.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1425.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1525.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1315.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1415.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1515.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1413424
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1511161
IRS990/Form990PartVIISectionAGrp/PersonNm0NANCY SCHWALM
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTY BLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2LOIS BOSCHEE
IRS990/Form990PartVIISectionAGrp/PersonNm3DODE SIMONSON
IRS990/Form990PartVIISectionAGrp/PersonNm4PAULA ENRIETTO
IRS990/Form990PartVIISectionAGrp/PersonNm5KEITH EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF JEREBKER
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER HOLT
IRS990/Form990PartVIISectionAGrp/PersonNm8CAROLE HULL
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFF KING
IRS990/Form990PartVIISectionAGrp/PersonNm10DEBRA SHUMAR
IRS990/Form990PartVIISectionAGrp/PersonNm11DANIEL KAPSAK
IRS990/Form990PartVIISectionAGrp/PersonNm12BONNIE FINLEY
IRS990/Form990PartVIISectionAGrp/PersonNm13RUTHIE HORTON
IRS990/Form990PartVIISectionAGrp/PersonNm14LISA GAU
IRS990/Form990PartVIISectionAGrp/PersonNm15HOLLY RAYMER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1483222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1432319
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15137900
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT PRO TEMPORE
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02143501
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011795
IRS990/InformationTechnologyGrp/TotalAmt011795
IRS990/InsuranceGrp/ManagementAndGeneralAmt01824
IRS990/InsuranceGrp/ProgramServicesAmt050299
IRS990/InsuranceGrp/TotalAmt052123
IRS990/InterestGrp/ProgramServicesAmt029122
IRS990/InterestGrp/TotalAmt029122
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01670
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01380
IRS990/InvestmentIncomeGrp/ExclusionAmt01534
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01534
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03017224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01795413
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01620241
IRS990/LandBldgEquipCostOrOtherBssAmt04637465
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HOVER COMMUNITY PROVIDES FACILITIES AND SERVICES FOR THE BENEFIT OF THE GENERAL PUBLIC. THE ORGANIZATION OPERATES AN ASSISTED LIVING RESIDENCE FOR THE ELDERLY AND HANDICAPPED AND OVERSEES THE CONTINUING DEVELOPMENT OF A RETIREMENT CAMPUS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0647993
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0646371
IRS990/NetAssetsOrFundBalancesBOYAmt03306140
IRS990/NetAssetsOrFundBalancesEOYAmt02903400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03296140
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02901470
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029783
IRS990/OtherAssetsTotalGrp/EOYAmt021696
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016687
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt087609
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0104296
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3EMPLOYEE RECRUITING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010359
IRS990/OtherExpensesGrp/ProgramServicesAmt0161383
IRS990/OtherExpensesGrp/ProgramServicesAmt196636
IRS990/OtherExpensesGrp/ProgramServicesAmt224171
IRS990/OtherExpensesGrp/ProgramServicesAmt331211
IRS990/OtherExpensesGrp/TotalAmt0161383
IRS990/OtherExpensesGrp/TotalAmt196636
IRS990/OtherExpensesGrp/TotalAmt234530
IRS990/OtherExpensesGrp/TotalAmt331211
IRS990/OtherRevenueMiscGrp/BusinessCd0624200
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02683
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02683
IRS990/OtherRevenueTotalAmt02683
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0178813
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0938771
IRS990/OtherSalariesAndWagesGrp/TotalAmt01117584
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01279855
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01027855
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015393
IRS990/PayrollTaxesGrp/ProgramServicesAmt080815
IRS990/PayrollTaxesGrp/TotalAmt096208
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01565
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08218
IRS990/PensionPlanContributionsGrp/TotalAmt09783
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06534
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt064301
IRS990/PrincipalOfficerNm0NANCY SCHWALM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/Desc0RENTALS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01804841
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1312351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01804841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1312351
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0302302
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04799
IRS990/PYOtherExpensesAmt0839957
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01803123
IRS990/PYRevenuesLessExpensesAmt0-151146
IRS990/PYSalariesCompEmpBnftPaidAmt01421413
IRS990/PYTotalExpensesAmt02261370
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02110224
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-402740
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02119875
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0820790
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0692311
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt022092
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0302302
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020065
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0361733
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01534
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt032455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt031667
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014720
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt081347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02117192
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01803123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02048198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02123328
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01846563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09938404
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01534
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt032455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt031667
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014720
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt081347
IRS990ScheduleA/InvestmentIncomeCYPct00.00780
IRS990ScheduleA/InvestmentIncomePYPct00.00820
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02683
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02683
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72880
IRS990ScheduleA/PublicSupportPY509Pct00.72520
IRS990ScheduleA/PublicSupportTotal509Amt07567756

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,694,054
Liabilities
$790,654
Net assets
$2,903,400
Revenue
$2,143,501
Expenses
$2,546,241
Net income
-$402,740
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.8$17.8$4.95$11.9$13.2$1.34
2023Detailed filing. Detailed filing data is available for this year.$3.20$0.68$2.52$2.42$2.81$0.38
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.79$2.90$2.14$2.55$0.40
2021Detailed filing. Detailed filing data is available for this year.$4.08$0.77$3.31$2.11$2.26$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.49$1.03$3.46$2.09$2.16$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.37$0.85$3.52$2.16$1.99$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.18$0.84$3.34$1.88$1.76$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.34$0.11$3.23$2.08$1.94$0.15
2016Detailed filing. Detailed filing data is available for this year.$3.18$0.10$3.08$2.08$1.98$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.12$0.14$2.98$2.06$1.96$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.06$0.18$2.88$2.02$2.00$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$0.14$2.86$2.02
2012Summary only. Only limited summary data is available for this year.$2.96$0.10$2.86$2.01$1.98$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.08$2.83$1.73