Civic Intelligence

Turner Retirement Homes Inc.

990 • Fiscal year 2015 • EIN 93-0391641

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 58Turner, OR 97392

(503) 743-2490

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

39th percentile

0.12x

Higher debt load relative to revenue than 39% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

18th percentile

-5.5%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$6,718,878

Down $392,543 (-5.5%) from 2014

Net Assets

Down

$6,555,162

Down $376,322 (-5.4%) from 2014

Liabilities

Down

$163,716

Down $16,221 (-9.0%) from 2014

Revenue

Down

$1,409,890

Down $171,859 (-11%) from 2014

Expenses

Up

$1,786,212

Up $48,581 (+2.8%) from 2014

Net Income

Down

-$376,322

Down $220,440 (-141%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,562,936Liabilities 2010: $641,888Net Assets 2010: $7,921,0482010Assets 2011: $8,134,446Liabilities 2011: $456,742Net Assets 2011: $7,677,7042011Assets 2012: $7,801,292Liabilities 2012: $322,074Net Assets 2012: $7,479,2182012Assets 2013: $7,460,080Liabilities 2013: $240,693Net Assets 2013: $7,219,3872013Assets 2014: $7,111,421Liabilities 2014: $179,937Net Assets 2014: $6,931,4842014Assets 2015: $6,718,878Liabilities 2015: $163,716Net Assets 2015: $6,555,1622015Assets 2016: $6,397,204Liabilities 2016: $150,875Net Assets 2016: $6,246,3292016Assets 2017: $6,260,042Liabilities 2017: $154,545Net Assets 2017: $6,105,4972017Assets 2018: $6,482,261Liabilities 2018: $407,690Net Assets 2018: $6,074,5712018Assets 2019: $6,075,359Liabilities 2019: $848,476Net Assets 2019: $5,226,8832019Assets 2020: $5,666,785Liabilities 2020: $1,313,420Net Assets 2020: $4,353,3652020Assets 2021: $5,532,250Liabilities 2021: $978,642Net Assets 2021: $4,553,6082021Assets 2022: $5,298,469Liabilities 2022: $967,210Net Assets 2022: $4,331,2592022Assets 2023: $5,093,521Liabilities 2023: $942,460Net Assets 2023: $4,151,0612023Assets 2024: $5,181,815Liabilities 2024: $709,747Net Assets 2024: $4,472,0682024

Highlighted filing

2015

Assets$6,718,878
Liabilities$163,716
Net Assets$6,555,162

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,814,5322010Expenses 2011: $1,731,2612011Expenses 2012: $1,687,5612012Revenue 2013: $1,464,437Expenses 2013: $1,724,268Net Income 2013: -$259,8312013Revenue 2014: $1,581,749Expenses 2014: $1,737,631Net Income 2014: -$155,8822014Revenue 2015: $1,409,890Expenses 2015: $1,786,212Net Income 2015: -$376,3222015Revenue 2016: $1,478,618Expenses 2016: $1,789,266Net Income 2016: -$310,6482016Revenue 2017: $1,873,600Expenses 2017: $2,014,432Net Income 2017: -$140,8322017Revenue 2018: $1,922,407Expenses 2018: $1,958,781Net Income 2018: -$36,3742018Revenue 2019: $1,669,390Expenses 2019: $2,166,755Net Income 2019: -$497,3652019Revenue 2020: $1,682,114Expenses 2020: $2,215,598Net Income 2020: -$533,4842020Revenue 2021: $2,116,165Expenses 2021: $1,916,497Net Income 2021: $199,6682021Revenue 2022: $1,919,089Expenses 2022: $2,113,374Net Income 2022: -$194,2852022Revenue 2023: $1,379,524Expenses 2023: $1,599,314Net Income 2023: -$219,7902023Revenue 2024: $1,699,121Expenses 2024: $1,519,157Net Income 2024: $179,9642024

Highlighted filing

2015

Revenue$1,409,890
Expenses$1,786,212
Net Income-$376,322
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,409,890
Mission and Program Overview

Mission

To assist christian congregations in providing a place for their retired persons where their spiritual, physical, and financial needs can be met.

To assist christian congregations in providing a place for their retired persons where their spiritual, physical and financial needs can be met.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,455,213$6,145,666▼ $309,547
Savings and Temporary Cash Investments$530,307$287,642▼ $242,665
Accounts Receivable$15,861$13,169▼ $2,692
Prepaid Expenses and Deferred Charges$5,758$5,570▼ $188
Cash and Non-Interest-Bearing Accounts$4,282$2,045▼ $2,237
Total Assets$7,111,421$6,718,878▼ $392,543
Other Assets Total$100,000$264,786▲ $164,786
Liabilities
Accounts Payable and Accrued Expenses$95,908$115,903▲ $19,995
Other Liabilities$84,029$47,813▼ $36,216
Total Liabilities$179,937$163,716▼ $16,221
Net Assets / Fund Balance
Unrestricted Net Assets$6,930,119$6,553,578▼ $376,541
Temporarily Rstr Net Assets$1,365$1,584▲ $219
Total Net Assets Fund Balance$6,931,484$6,555,162▼ $376,322
Total Liabilities and Net Assets / Fund Balance$7,111,421$6,718,878▼ $392,543

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,837,439$5,514,484$11,351,923
Other Land Buildings$91,547$440,453$532,000
Land$193,845-$193,845
Equipment$22,835$97,542$120,377
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve VincentChairman
Doug EdwardsVice Chair
Bill PenhollowTrustee
David MooreTrustee
Dorothy GroverTrustee
Frank MusgraveTrustee
Lee RichardsonTrustee
Lloyd LoveTrustee
Loren DotyTrustee
Merrill RustTrustee
Stan SmithTrustee
Frank LoydSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$83,085
Program Service Revenue
$1,302,215
Investment Income
$13,433
Other Revenue
$11,157
All Other Contributions
$83,085
Change in Net Assets
$-376,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$994,308
Salaries, Compensation, and Employee Benefits$791,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$560,779$95,336-$656,115
Depreciation Depletion$309,547--$309,547
Other Expenses$85,718$2,184-$85,718
Other Employee Benefits$63,871$9,784-$73,655
Payroll Taxes$53,567$8,567-$62,134
Insurance$55,895$87-$55,982
All Other Expenses$7,929$28,976-$36,905
Advertising-$24,961-$24,961
Fees for Services Accounting-$10,608-$10,608
Office Expenses$871$7,784-$8,655
Occupancy$2,026$5,273-$7,299
Interest-$1,868-$1,868
Travel$114$116-$230
Total Functional Expenses$1,581,069$205,143$0$1,786,212
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$23,295
Security Depostis$21,500
Life Lease Deferred Revenue$3,018
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Draft of form 990 is provided to administrator before filing. Administrator addresses any significant issues with governing body.

Form 990, Page 6, Part VI, Line 19

No documents available to public

Filing and Contact Details

Filer

Filer Name
Turner Retirement Homes Inc
EIN
93-0391641
Phone
5037432490
Address
PO BOX 58, TURNER, OR 97392

Signing Officer

Name
Bruce Reed
Title
Administrator
Phone
5037432490
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Edwards
Formed
1935
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
41

Preparer

Firm
Kuenzi & Company LLC
Address
650 HAWTHORNE AVE SE STE 110, SALEM, OR 97301
Preparer
Aden L Kuenzi
Phone
5033997306
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0656115
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08567
IRS990/PayrollTaxesGrp/ProgramServicesAmt053567
IRS990/PayrollTaxesGrp/TotalAmt062134
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05758
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05570
IRS990/PrincipalOfficerNm0DOUG EDWARDS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01302215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01302215
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0207119
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014132
IRS990/PYOtherExpensesAmt0981785
IRS990/PYOtherRevenueAmt09762
IRS990/PYProgramServiceRevenueAmt01350736
IRS990/PYRevenuesLessExpensesAmt0-155882
IRS990/PYSalariesCompEmpBnftPaidAmt0755846
IRS990/PYTotalExpensesAmt01737631
IRS990/PYTotalRevenueAmt01581749
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-376322
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01302215
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0530307
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0287642
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS EXEMPT RECEIPTS 22,781
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt083085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0207119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0143309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0103339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0635460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013433
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031946
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0109782
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06675108
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06625
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08746
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03603
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02237
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01570
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022781
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65680
IRS990ScheduleA/PublicSupportPY170Pct00.96310
IRS990ScheduleA/PublicSupportTotal170Amt0504465
IRS990ScheduleA/SubstantialContributorsTotAmt0130995
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt083085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0207119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098608
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0143309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0103339
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0635460
IRS990ScheduleA/TotalSupportAmt0768023
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt05837439
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05514484
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011351923
IRS990ScheduleD/EquipmentGrp/BookValueAmt022835
IRS990ScheduleD/EquipmentGrp/DepreciationAmt097542
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120377
IRS990ScheduleD/LandGrp/BookValueAmt0193845
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193845
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt091547
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0440453
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0532000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSTIS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LIFE LEASE DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06145666
IRS990ScheduleD/TotalLiabilityAmt047813
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT OF FORM 990 IS PROVIDED TO ADMINISTRATOR BEFORE FILING. ADMINISTRATOR ADDRESSES ANY SIGNIFICANT ISSUES WITH GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01365
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01584
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07111421
IRS990/TotalAssetsEOYAmt06718878
IRS990/TotalAssetsGrp/BOYAmt07111421
IRS990/TotalAssetsGrp/EOYAmt06718878
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt083085
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0205143
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01581069
IRS990/TotalFunctionalExpensesGrp/TotalAmt01786212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0179937
IRS990/TotalLiabilitiesEOYAmt0163716
IRS990/TotalLiabilitiesGrp/BOYAmt0179937
IRS990/TotalLiabilitiesGrp/EOYAmt0163716
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06931484
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06555162
IRS990/TotalProgramServiceExpensesAmt01581069
IRS990/TotalProgramServiceRevenueAmt01302215
IRS990/TotalRevenueGrp/ExclusionAmt01313372
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013433
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01409890
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07111421
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06718878
IRS990/TravelGrp/ManagementAndGeneralAmt0116
IRS990/TravelGrp/ProgramServicesAmt0114
IRS990/TravelGrp/TotalAmt0230
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06930119
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06553578
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.18$0.71$4.47$1.70$1.52$0.18
2023Detailed filing. Detailed filing data is available for this year.$5.09$0.94$4.15$1.38$1.60$0.22
2022Detailed filing. Detailed filing data is available for this year.$5.30$0.97$4.33$1.92$2.11$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.53$0.98$4.55$2.12$1.92$0.20
2020Detailed filing. Detailed filing data is available for this year.$5.67$1.31$4.35$1.68$2.22$0.53
2019Detailed filing. Detailed filing data is available for this year.$6.08$0.85$5.23$1.67$2.17$0.50
2018Detailed filing. Detailed filing data is available for this year.$6.48$0.41$6.07$1.92$1.96$0.04
2017Detailed filing. Detailed filing data is available for this year.$6.26$0.15$6.11$1.87$2.01$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.40$0.15$6.25$1.48$1.79$0.31
2015Detailed filing. Detailed filing data is available for this year.$6.72$0.16$6.56$1.41$1.79$0.38
2014Detailed filing. Detailed filing data is available for this year.$7.11$0.18$6.93$1.58$1.74$0.16
2013Detailed filing. Detailed filing data is available for this year.$7.46$0.24$7.22$1.46$1.72$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.80$0.32$7.48$1.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.13$0.46$7.68$1.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.56$0.64$7.92$1.81