Civic Intelligence

River Glen Associates Inc

990 • Fiscal year 2012 • EIN 93-1144703

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 09, 2013

2316 SE Willard Street97222
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,231,704

Flat from 2012

Net Assets

Flat

$1,089,988

Flat from 2012

Liabilities

Flat

$141,716

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$332,061

Flat from 2012

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.

$1.5M$1.0M$500K$0Assets 2011: $1,286,296Liabilities 2011: $108,650Net Assets 2011: $1,177,6462011Assets 2012: $1,231,704Liabilities 2012: $141,716Net Assets 2012: $1,089,9882012Assets 2012: $1,231,704Liabilities 2012: $141,716Net Assets 2012: $1,089,9882012Assets 2013: $1,219,969Liabilities 2013: $139,467Net Assets 2013: $1,080,5022013Assets 2014: $1,178,259Liabilities 2014: $124,515Net Assets 2014: $1,053,7442014Assets 2015: $1,177,004Liabilities 2015: $133,978Net Assets 2015: $1,043,0262015Assets 2016: $1,209,059Liabilities 2016: $124,953Net Assets 2016: $1,084,1062016Assets 2017: $1,199,372Liabilities 2017: $166,348Net Assets 2017: $1,033,0242017Assets 2018: $1,272,157Liabilities 2018: $135,831Net Assets 2018: $1,136,3262018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2012

Assets$1,231,704
Liabilities$141,716
Net Assets$1,089,988

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $266,0732011Expenses 2012: $332,0612012Revenue 2012: $244,403Expenses 2012: $332,061Net Income 2012: -$87,6582012Revenue 2013: $273,079Expenses 2013: $282,565Net Income 2013: -$9,4862013Revenue 2014: $274,617Expenses 2014: $341,855Net Income 2014: -$67,2382014Revenue 2015: $301,987Expenses 2015: $312,705Net Income 2015: -$10,7182015Revenue 2016: $346,339Expenses 2016: $305,259Net Income 2016: $41,0802016Revenue 2017: $347,098Expenses 2017: $398,180Net Income 2017: -$51,0822017Revenue 2018: $430,925Expenses 2018: $327,623Net Income 2018: $103,3022018Revenue 2019: $5,666Expenses 2019: $2,169Net Income 2019: $3,4972019

Highlighted filing

2012

Revenue-
Expenses$332,061
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 9, 2013
Return Version
2012v2.0
Gross Receipts
$244,403
Mission and Program Overview

Mission

Own and operate low income housing

Filing and Contact Details

Filer

EIN
93-1144703
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0Tax Positions Accounting principles generally accepted in the United States of America require an entitys management to evaluate tax positions taken by the entity and to recognize a tax liability if the entity has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. For non-profit organizations this would result from engaging in activities that are not exempt from income taxation under the Internal Revenue Code. Management does not believe that the Company has engaged in any transaction or activity that is not exempt from income taxation and/or that would result in income taxation and has therefore concluded that as of December 31, 2012 there are no uncertain positions taken or expected to be taken that would require recognition of an income tax liability or other disclosure in the financial statements or the accompanying notes.
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IRS990ScheduleO/GeneralExplanation/Explanation1The board members complete an annual questionnaire regarding potential conflicts of interest and these are collected at the annual meeting.
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IRS990ScheduleO/GeneralExplanation/Explanation3The day-to-day operations of managing the apartment complex has been contracted with a management company. This is a standard and routine arrangement for this industry.
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