Civic Intelligence

Housing Northwest Inc & Subsidiaries (College Housing Northwest)

990 • Fiscal year 2016 • EIN 93-0578172

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

Organization ProfileWWW.CHNW.ORG

View Organization Page

200 SW Market St Suite 575Portland, OR 97201

(503) 497-1188

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

4.33x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

66th percentile

7.4%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$181,600

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

19th percentile

-4.1%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

4.3%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$39,120,861

Down $1,674,896 (-4.1%) from 2015

Net Assets

Down

$3,319,303

Down $506,482 (-13%) from 2015

Liabilities

Down

$35,801,558

Down $1,168,414 (-3.2%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin66th percentile

Revenue

Up

$8,274,242

Up $337,368 (+4.3%) from 2015

Expenses

Up

$7,664,987

Up $286,799 (+3.9%) from 2015

Net Income

Up

$609,255

Up $50,569 (+9.1%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$100M$50M$0Assets 2011: $42,214,804Liabilities 2011: $39,471,457Net Assets 2011: $2,743,3472011Assets 2012: $41,611,157Liabilities 2012: $38,608,234Net Assets 2012: $3,002,9232012Assets 2013: $41,134,668Liabilities 2013: $37,961,268Net Assets 2013: $3,173,4002013Assets 2014: $41,132,690Liabilities 2014: $37,731,726Net Assets 2014: $3,400,9642014Assets 2015: $40,795,757Liabilities 2015: $36,969,972Net Assets 2015: $3,825,7852015Assets 2016: $39,120,861Liabilities 2016: $35,801,558Net Assets 2016: $3,319,3032016Assets 2017: $59,516,406Liabilities 2017: $55,838,215Net Assets 2017: $3,678,1912017Assets 2018: $60,494,879Liabilities 2018: $52,857,759Net Assets 2018: $7,637,1202018Assets 2019: $58,641,349Liabilities 2019: $51,610,454Net Assets 2019: $7,030,8952019Assets 2020: $19,648,774Liabilities 2020: $14,998,785Net Assets 2020: $4,649,9892020Assets 2021: $45,133,687Liabilities 2021: $33,154,093Net Assets 2021: $11,979,5942021Assets 2022: $72,196,304Liabilities 2022: $51,871,927Net Assets 2022: $20,324,3772022Assets 2023: $86,205,422Liabilities 2023: $61,662,546Net Assets 2023: $24,542,8762023

Highlighted filing

2016

Assets$39,120,861
Liabilities$35,801,558
Net Assets$3,319,303
Open 2016 Filing

Operations Trend

Revenue Growth55th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,550,055Expenses 2011: $6,507,752Net Income 2011: $42,3032011Expenses 2012: $6,691,5852012Expenses 2013: $7,321,7312013Revenue 2014: $7,879,207Expenses 2014: $7,645,052Net Income 2014: $234,1552014Revenue 2015: $7,936,874Expenses 2015: $7,378,188Net Income 2015: $558,6862015Revenue 2016: $8,274,242Expenses 2016: $7,664,987Net Income 2016: $609,2552016Revenue 2017: $5,815,703Expenses 2017: $5,639,043Net Income 2017: $176,6602017Revenue 2018: $9,763,662Expenses 2018: $5,696,051Net Income 2018: $4,067,6112018Revenue 2019: $5,917,895Expenses 2019: $6,453,344Net Income 2019: -$535,4492019Revenue 2020: $5,987,029Expenses 2020: $6,058,214Net Income 2020: -$71,1852020Revenue 2021: $9,578,410Expenses 2021: $7,719,563Net Income 2021: $1,858,8472021Revenue 2022: $12,144,039Expenses 2022: $8,220,294Net Income 2022: $3,923,7452022Revenue 2023: $15,063,196Expenses 2023: $10,993,826Net Income 2023: $4,069,3702023

Highlighted filing

2016

Revenue$8,274,242
Expenses$7,664,987
Net Income$609,255
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$8,274,242
Mission and Program Overview

Mission

To be the premier provider of affordable student housing and supportive services which enhance student development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,108,906$27,842,061▼ $1,266,845
Investments Other Securities$3,674,515$3,702,065▲ $27,550
Cash and Non-Interest-Bearing Accounts$1,443,214$749,858▼ $693,356
Accounts Receivable$73,132$52,752▼ $20,380
Prepaid Expenses and Deferred Charges$5,368--
Total Assets$40,795,757$39,120,861▼ $1,674,896
Other Assets Total$6,490,622$6,774,125▲ $283,503
Liabilities
Tax Exempt Bond Liabilities$34,471,012$33,440,005▼ $1,031,007
Accounts Payable and Accrued Expenses$1,192,787$1,111,909▼ $80,878
Mortgage Notes Payable Secured by Investment Property$812,554$729,504▼ $83,050
Other Liabilities$334,893$332,370▼ $2,523
Deferred Revenue$158,726$187,770▲ $29,044
Total Liabilities$36,969,972$35,801,558▼ $1,168,414
Net Assets / Fund Balance
Unrestricted Net Assets$3,825,785$3,319,303▼ $506,482
Total Net Assets Fund Balance$3,825,785$3,319,303▼ $506,482
Total Liabilities and Net Assets / Fund Balance$40,795,757$39,120,861▼ $1,674,896

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,385,182$19,792,413$43,177,595
Equipment$788,123$1,995,054$2,783,177
Land$2,063,006-$2,063,006
Other Land Buildings$1,605,750-$1,605,750
Leasehold Improvements$0$40,965$40,965
Other Assets Org$331,105--
Other Securities$3,702,065--
Compensation and Service Providers
Top Officer Pay32nd percentile

Board Members and Trustees

NameTitle
Jim RadarBoard President
Ali LapvandaniBoard Member
Bull MccraeBoard Member
Charles BurckBoard Member
David SchmittBoard Member
Lauren RosalesBoard Member
Michael HallBoard Member
Patty BlanchardBoard Member
Tiffany PrescottBoard Member
David GarnandExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,044,602
Investment Income
$166,838
Other Revenue
$62,802
Change in Net Assets
$609,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,274,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-102,621
Total Revenue per Audited Statements
$8,171,621
Total Revenue per Form 990
$8,274,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,016,881
Salaries, Compensation, and Employee Benefits$1,648,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,595,879--$1,595,879
Depreciation Depletion$1,508,482$29,674-$1,538,156
Other Salaries and Wages$848,166$491,939-$1,340,105
Office Expenses$140,137$196,779-$336,916
Insurance$274,360--$274,360
Other Employee Benefits$86,300$54,193-$140,493
Payroll Taxes$89,399$41,069-$130,468
All Other Expenses$114,340$4,008-$118,348
Other Expenses$93,664$9,838-$93,664
Information Technology$15,564$59,018-$74,582
Fees for Services Accounting$44,950--$44,950
Pension Plan Contributions$15,775$21,265-$37,040
Advertising$9,812$8,891-$18,703
Fees for Services Legal$7,272$11,193-$18,465
Travel$5,232$4,707-$9,939
Conferences and Meetings$4,488--$4,488
Total Functional Expenses$6,719,220$945,767$0$7,664,987

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,678,103
Expenses per Audited Statements$7,664,987
Total Expenses per Form 990$7,664,987
Expenses Not Reported on Form 990$1,013,116
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$332,370

Bond Issues

BondIssuerIssuedIssue PricePurpose
AState Treasurer of the State of Oregon2005-04-15$19,273,269Redevelop student housing in corvallis

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,610,000---

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
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 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
Yes
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 A, Line 8B

“There are no committees authorized to act on behalf of the governing body, within the constraints of the bylaws. Only the board, with a quorum, can take those actions.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed at a board meeting and documented in the meeting minutes. The form is not filed until reviewed by the finance committee.”

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

“Conflict of interest forms are given to all board members and management each december. The forms are filled out and given to the board president and executive director for review.”

Form 990, Part VI, Section B, Line 15

“An outside firm was hired to determine comparable salaries for the executive director and the property manager. The executive director's compensation fell in the middle of the range. The property manager was hired at the high end of the range, however she had extensive experience. No other key employees were hired, and other employees only received between 0% and 4% raises. The board then approved the salaries and raises and documented those approvals.”

Form 990, Part VI, Section C, Line 19

“The governing documents and conflict of interest policy are not made available to the public. The financial statements are available to the public upon request and on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Housing Northwest Inc & Subsidiaries
EIN
93-0578172
Phone
5034971188
Address
200 SW MARKET ST SUITE 575, PORTLAND, OR 97201

Signing Officer

Name
David Garnand
Title
Executive Director
Phone
5034971188
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Garnand
Formed
1969
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
10
Employees
65
Volunteers
9

Preparer

Firm
Geffen Mesher & Company Pc
Address
888 SW FIFTH AVE SUITE 800, PORTLAND, OR 97204
Preparer
Richard L Hawkins
Phone
5032210141
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Disallowed impairment expense -1,013,116.”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Disallowed impairment expense”

Part X, Line 2

“Part x, line 2: the organization is exempt from federal and state income taxes under the provisions of section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. Unrelated business income tax, if any, is insignificant and therefore, no tax provision has been made in the accompanying consolidated financial statements. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 170(b)(1)(a)(ii). All llc's are single member llc's and are reported on the organization's form 990. In accordance with the provisions of accounting for uncertainty in income taxes, the organization had no unrecognized tax benefits at june 30, 2016 and 2015. The organization's policy requires recognition of accrued interest and penalties related to unrecognized tax benefits as administrative expenses. During the years ended june 30, 2016 and 2015, the organization recognized no interest and penalties. The organization files an exempt organization income tax return in the u.s. Federal jurisdiction and a copy with the state charities division. With few exceptions, the organization is no longer subject to u.s. Federal or state/local income tax examinations by tax authorities for years before 2010.”

Raw XML AppendixShowing 400 of 584 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.

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IRS990/ActivityOrMissionDesc0TO BE THE PREMIER PROVIDER OF AFFORDABLE STUDENT HOUSING AND SUPPORTIVE SERVICES WHICH ENHANCE STUDENT DEVELOPMENT.
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IRS990/Desc0PROVIDES HOUSING AND RELATED SERVICES TO STUDENTS, FACULTY AND STAFF OF THE PORTLAND STATE UNIVERSITY, PORTLAND COMMUNITY COLLEGE, WESTERN CULINARY INSTITUTE, PACIFIC NORTHWEST COLLEGE OF ARTS, AND OREGON STATE UNIVERSITY.
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE THE PREMIER PROVIDER OF AFFORDABLE STUDENT HOUSING AND SUPPORTIVE SERVICES WHICH ENHANCE STUDENT DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0812554
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0729504
IRS990/NetAssetsOrFundBalancesBOYAmt03825785
IRS990/NetAssetsOrFundBalancesEOYAmt03319303
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt032998
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt032998
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-102621
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0196779
IRS990/OfficeExpensesGrp/ProgramServicesAmt0140137
IRS990/OfficeExpensesGrp/TotalAmt0336916
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06490622
IRS990/OtherAssetsTotalGrp/EOYAmt06774125
IRS990/OtherChangesInNetAssetsAmt0-1013116
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt054193
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0140493
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2RA RENT CREDIT
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013193
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19838
IRS990/OtherExpensesGrp/ProgramServicesAmt01084714
IRS990/OtherExpensesGrp/ProgramServicesAmt1663717
IRS990/OtherExpensesGrp/ProgramServicesAmt2116969
IRS990/OtherExpensesGrp/ProgramServicesAmt393664
IRS990/OtherExpensesGrp/TotalAmt01097907
IRS990/OtherExpensesGrp/TotalAmt1673555
IRS990/OtherExpensesGrp/TotalAmt2116969
IRS990/OtherExpensesGrp/TotalAmt393664
IRS990/OtherLiabilitiesGrp/BOYAmt0334893
IRS990/OtherLiabilitiesGrp/EOYAmt0332370
IRS990/OtherRevenueMiscGrp/BusinessCd0721310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt029804
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt029804
IRS990/OtherRevenueTotalAmt029804
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0491939
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0848166
IRS990/OtherSalariesAndWagesGrp/TotalAmt01340105
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt041069
IRS990/PayrollTaxesGrp/ProgramServicesAmt089399
IRS990/PayrollTaxesGrp/TotalAmt0130468
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021265
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015775
IRS990/PensionPlanContributionsGrp/TotalAmt037040
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05368
IRS990/PrincipalOfficerNm0DAVID GARNAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING AND MANAGEMENT
IRS990/ProgramServiceRevenueGrp/Desc1VENDING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07994838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07994838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149764
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0172282
IRS990/PYOtherExpensesAmt05874677
IRS990/PYOtherRevenueAmt094699
IRS990/PYProgramServiceRevenueAmt07669893
IRS990/PYRevenuesLessExpensesAmt0558686
IRS990/PYSalariesCompEmpBnftPaidAmt01503511
IRS990/PYTotalExpensesAmt07378188
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07936874
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0609255
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt032998
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08074406
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0199836
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0205594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0373800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0214533
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0161551
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01155314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08044602
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07669893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07257563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07073930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06811512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt036857500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0199836
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0205594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0373800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0214533
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0161551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01155314
IRS990ScheduleA/InvestmentIncomeCYPct00.03010
IRS990ScheduleA/InvestmentIncomePYPct00.02830
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt029804
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt061387
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0247844
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07188
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt012826
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0359049
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96050
IRS990ScheduleA/PublicSupportPY509Pct00.96190
IRS990ScheduleA/PublicSupportTotal509Amt036857500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08044602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07669893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07257563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07073930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06811512
IRS990ScheduleA/Total509Grp/TotalAmt036857500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08274242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07936874
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07879207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07295651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06985889
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038371863
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt023385182
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019792413
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt043177595
IRS990ScheduleD/EquipmentGrp/BookValueAmt0788123
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01995054
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02783177
IRS990ScheduleD/ExpensesNotReportedAmt01013116
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07664987
IRS990ScheduleD/LandGrp/BookValueAmt02063006
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02063006
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt040965
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040965
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-102621
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04931320
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11511700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2331105
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND TRUST INDENTURE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEBT FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt01013116
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01605750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01605750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0332370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03702065
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY FUNDS - EDWARD JONES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-102621
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08274242
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DISALLOWED IMPAIRMENT EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT AND THEREFORE, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 170(B)(1)(A)(II). ALL LLC'S ARE SINGLE MEMBER LLC'S AND ARE REPORTED ON THE ORGANIZATION'S FORM 990. IN ACCORDANCE WITH THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2016 AND 2015. THE ORGANIZATION'S POLICY REQUIRES RECOGNITION OF ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS ADMINISTRATIVE EXPENSES. DURING THE YEARS ENDED JUNE 30, 2016 AND 2015, THE ORGANIZATION RECOGNIZED NO INTEREST AND PENALTIES. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND A COPY WITH THE STATE CHARITIES DIVISION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE/LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027842061
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06774125
IRS990ScheduleD/TotalBookValueSecuritiesAmt03702065
IRS990ScheduleD/TotalExpensesPerForm990Amt07664987
IRS990ScheduleD/TotalLiabilityAmt0332370
IRS990ScheduleD/TotalRevenuePerForm990Amt08274242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08171621
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08678103
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,120,861
Liabilities
$35,801,558
Net assets
$3,319,303
Revenue
$8,274,242
Expenses
$7,664,987
Net income
$609,255
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$86.2$61.7$24.5$15.1$11.0$4.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.2$51.9$20.3$12.1$8.22$3.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$33.2$12.0$9.58$7.72$1.86
2020Summary only. Only limited summary data is available for this year.$19.6$15.0$4.65$5.99$6.06$0.07
2019Summary only. Only limited summary data is available for this year.$58.6$51.6$7.03$5.92$6.45$0.54
2018Summary only. Only limited summary data is available for this year.$60.5$52.9$7.64$9.76$5.70$4.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$55.8$3.68$5.82$5.64$0.18
2016Detailed filing. Detailed filing data is available for this year.$39.1$35.8$3.32$8.27$7.66$0.61
2015Detailed filing. Detailed filing data is available for this year.$40.8$37.0$3.83$7.94$7.38$0.56
2014Detailed filing. Detailed filing data is available for this year.$41.1$37.7$3.40$7.88$7.65$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.1$38.0$3.17$7.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.6$38.6$3.00$6.69
2011Summary only. Only limited summary data is available for this year.$42.2$39.5$2.74$6.55$6.51$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $25M-$50M nonprofits