Civic Intelligence

Lake County Community Housing

990 • Fiscal year 2011 • EIN 84-1405092

Jul 01, 2010 to Jun 30, 2011 • Filed on Nov 08, 2011

PO Box 14659864
Siviq Scores

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

Liabilities / Assets

86th percentile

0.79x

Higher debt load relative to assets than 86% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,999,284

No earlier filing loaded for comparison.

Net Assets

$424,569

No earlier filing loaded for comparison.

Liabilities

$1,574,715

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$457,690

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,999,284Liabilities 2011: $1,574,715Net Assets 2011: $424,5692011Assets 2012: $1,954,680Liabilities 2012: $1,386,580Net Assets 2012: $568,1002012Assets 2013: $2,239,345Liabilities 2013: $1,384,949Net Assets 2013: $854,3962013Assets 2014: $2,409,321Liabilities 2014: $1,447,995Net Assets 2014: $961,3262014Assets 2015: $2,405,919Liabilities 2015: $1,474,647Net Assets 2015: $931,2722015Assets 2016: $2,373,898Liabilities 2016: $1,468,183Net Assets 2016: $905,7152016Assets 2017: $2,371,981Liabilities 2017: $1,473,166Net Assets 2017: $898,8152017Assets 2018: $2,396,207Liabilities 2018: $1,473,707Net Assets 2018: $922,5002018Assets 2019: $2,407,089Liabilities 2019: $1,534,640Net Assets 2019: $872,4492019Assets 2020: $2,519,897Liabilities 2020: $1,564,428Net Assets 2020: $955,4692020Assets 2021: $3,986,970Liabilities 2021: $1,864,299Net Assets 2021: $2,122,6712021Assets 2022: $4,240,022Liabilities 2022: $1,925,769Net Assets 2022: $2,314,2532022Assets 2023: $4,192,177Liabilities 2023: $1,932,840Net Assets 2023: $2,259,3372023Assets 2024: $4,133,142Liabilities 2024: $1,945,550Net Assets 2024: $2,187,5922024

Highlighted filing

2011

Assets$1,999,284
Liabilities$1,574,715
Net Assets$424,569

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $457,6902011Expenses 2012: $455,4872012Revenue 2013: $735,565Expenses 2013: $449,269Net Income 2013: $286,2962013Revenue 2014: $454,839Expenses 2014: $347,909Net Income 2014: $106,9302014Revenue 2015: $422,052Expenses 2015: $452,106Net Income 2015: -$30,0542015Revenue 2016: $370,006Expenses 2016: $395,563Net Income 2016: -$25,5572016Revenue 2017: $389,848Expenses 2017: $396,748Net Income 2017: -$6,9002017Revenue 2018: $409,904Expenses 2018: $386,219Net Income 2018: $23,6852018Revenue 2019: $403,721Expenses 2019: $453,772Net Income 2019: -$50,0512019Revenue 2020: $521,476Expenses 2020: $438,456Net Income 2020: $83,0202020Revenue 2021: $1,625,809Expenses 2021: $458,607Net Income 2021: $1,167,2022021Revenue 2022: $742,256Expenses 2022: $550,674Net Income 2022: $191,5822022Revenue 2023: $530,991Expenses 2023: $585,907Net Income 2023: -$54,9162023Revenue 2024: $560,558Expenses 2024: $632,303Net Income 2024: -$71,7452024

Highlighted filing

2011

Revenue-
Expenses$457,690
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Nov 8, 2011
Return Version
2010v3.4
Gross Receipts
$457,234
Mission and Program Overview

Mission

Provide decent affordable housing to low income residents of lake county area through the development, subsidzing, or restoration of exisiting housing availiable to lower income individuals.

Major Activities

Activity 2
Another primary program involves home ownership The entity provided Neighborworks sponsored homebuyer training to over 10 families during the year This training is required by many lenders before a family can purchase house and helps families pr epare for one of the most important investments in their life HUD funding for the Counseling program is no longer available so this program will not be offered in the future
Filing and Contact Details

Filer

EIN
84-1405092
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IRS990/Activity2/Description0Another primary program involves home ownership The entity provided Neighborworks sponsored homebuyer training to over 10 families during the year This training is required by many lenders before a family can purchase house and helps families pr epare for one of the most important investments in their life HUD funding for the Counseling program is no longer available so this program will not be offered in the future
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IRS990/Description0Lake County Community Housings mission is to provide safe decent and affordable housing to the lower income residents of Lake County Montana The primary program involves the ownership andor management of 106 units of low-income housing and overs ight of programs that provide rental assistance for 98 families Many of these assisted families live in the organizations housing The entity directly owns 24 of theses units or has an ownership interest through tax credit partnerships or affiliate d organizations another 58 apartment units Using the combination of low income housing tax credit HOME and USDA Rural Housing subsidies to lower the cost of the units and the various rental assistance programs we are able to keep the housing costs to the assisted families at or below 30 of their income For the families assisted keeping housing costs affordable is very important to their ability to maintain shelter
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IRS990ScheduleO/GeneralExplanation/Explanation0DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPOON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation1TRANSACTIONS ARE SCREENED FOR CONFLICTS OF INTEREST TO DETERMINE INDEPENDENCE BUSINESS TRANSACTIONS WITH INTERESTED PERSONS ARE MONITORED TO ENSURE ALL TRANSACTIONS ARE ARMS LENGTH IN SUBSTANCE UPON INITIATION OF A POTENTIAL INTERESTED PERSON RELATIONSHIP CONFLICTS OF INTERST ARE STATED WITH AN IDENTITY OF INTEREST STATEMENT DUE TO LIMITED FUNDING ALL TRANSACTIONS ARE CLOSELY SCRUTINIZED A BIDDING PROCESS IS UTILIZED FOR CAPITAL EXPENDITURES AND LARGE TRANSACTIONS TO ENSURE COMPETITIVE PRICES ARE ATTAINED
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD REVIEWS THE EXCUTIVE DIRECTORS ACCOMPLISHMENTS THROUGH AN ANNUAL PERFORMANCE EVALUATION THE EXECUTIVE DIRECTORS COMPENSATION IS SET BY THE GOVERNING BOARD BASED ON THE EVALUATION AND THE PREVAILING WAGE IN WESTERN MONTANTA
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD REVIEWS THE COMPANY EMPLOYEE ACCOMPLISHMENTS THROUGH AN ANNUAL PERFORMANCE EVALUATION STAFF HIRING AND RAISES ARE REVIEWED BY THE BOARD BEFORE IMPLEMEMTATION
IRS990ScheduleO/GeneralExplanation/Explanation4GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPOON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation5LAKE COUNTY COMMUNITY HOUSING DEVELOPMENT ORG AS A COMPONENT UNIT OF THE CITY OF RONAN HOUSING AUTHORITY A GOVERNMENTAL ENTITY IS REQUIRED TO HAVE AN ANNUAL AUDIT THE AUDIT FOR THE PERIOD ENDING 06302011 IS SCHEDULE TO BE FINISHED DECEMBER 2011 COPIES OF THE ANNUAL AUDIT ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Identifier001. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/GeneralExplanation/Identifier102. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/GeneralExplanation/Identifier203. CEO, executive director, top management comp (Part VI, line 15a)
IRS990ScheduleO/GeneralExplanation/Identifier304. Other officer or key employee compensation (Part VI, line 15b
IRS990ScheduleO/GeneralExplanation/Identifier405. Governing documents, etc, available to public (Part VI, line 19)
IRS990ScheduleO/GeneralExplanation/Identifier506. Not undergone required audits or steps for audit (part XII, line 3b)
IRS990/ScheduleORequired0true
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10PO BOX 146
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0RONAN
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MT
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode059864
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg0false
IRS990ScheduleR/Form990ScheduleRPartII/EIN0810480266
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0GOVERNMENT UNIT
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MT
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10CITY OF RONAN HOUSING AUTHORIT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0LOW INCOME RENTAL ASSISTANCE
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0MT
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10PO Box 146
IRS990/TheBooksAreInCareOf/AddressUS/City0Ronan
IRS990/TheBooksAreInCareOf/AddressUS/State0MT
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode059864
IRS990/TheBooksAreInCareOf/NamePerson0JAN NIEMEYER
IRS990/TheBooksAreInCareOf/TelephoneNumber04066765901
IRS990/TotalAssets/BOY02011986
IRS990/TotalAssetsBOY02011986
IRS990/TotalAssets/EOY01999284
IRS990/TotalAssetsEOY01999284
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0174812
IRS990/TotalExpensesCurrentYear0457690
IRS990/TotalExpensesPriorYear0452418
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral072283
IRS990/TotalFunctionalExpenses/ProgramServices0385407
IRS990/TotalFunctionalExpenses/Total0457690
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY01586961

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.13$1.95$2.19$0.56$0.63$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.19$1.93$2.26$0.53$0.59$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.24$1.93$2.31$0.74$0.55$0.19
2021Detailed filing. Detailed filing data is available for this year.$3.99$1.86$2.12$1.63$0.46$1.17
2020Detailed filing. Detailed filing data is available for this year.$2.52$1.56$0.96$0.52$0.44$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.41$1.53$0.87$0.40$0.45$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.40$1.47$0.92$0.41$0.39$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.37$1.47$0.90$0.39$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.37$1.47$0.91$0.37$0.40$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.41$1.47$0.93$0.42$0.45$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.41$1.45$0.96$0.45$0.35$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.38$0.85$0.74$0.45$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.39$0.57$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$1.57$0.42$0.46