Civic Intelligence

Montevideo Improvement Assoc No 1

EIN 94-1627221 • 501(c)7 • San Jose, CA

Profile

Homeowners association for common recreational facilities

1585 Monteval LaneSan Jose, CA 95120

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.58x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

2.04x

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

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

39%

Higher net margin than 91% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

82nd percentile

12%

Faster asset growth than 82% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.0%

Faster revenue growth than 44% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,534,262

Up $169,685 (+12%) from 2023

Liabilities

Up

$891,563

Up $37,498 (+4.4%) from 2023

Net Assets

Up

$642,699

Up $132,187 (+26%) from 2023

Revenue

Up

$437,980

Up $16,683 (+4.0%) from 2023

Expenses

Up

$269,194

Up $31,257 (+13%) from 2023

Net Income

Down

$168,786

Down $14,574 (-7.9%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $129,598Liabilities 2011: $02011Assets 2012: $161,481Net Assets 2012: $161,4812012Assets 2013: $175,964Liabilities 2013: $02013Assets 2014: $236,522Liabilities 2014: $49,198Net Assets 2014: $187,3242014Assets 2015: $236,036Liabilities 2015: $24,282Net Assets 2015: $211,7542015Assets 2016: $305,347Liabilities 2016: $66,399Net Assets 2016: $238,9482016Assets 2017: $400,875Liabilities 2017: $114,897Net Assets 2017: $285,9782017Assets 2018: $479,075Liabilities 2018: $101,900Net Assets 2018: $377,1752018Assets 2019: $615,803Liabilities 2019: $456,254Net Assets 2019: $159,5492019Assets 2020: $787,001Liabilities 2020: $618,777Net Assets 2020: $168,2242020Assets 2021: $978,801Liabilities 2021: $781,399Net Assets 2021: $197,4022021Assets 2022: $1,172,776Liabilities 2022: $1,030,775Net Assets 2022: $142,0012022Assets 2023: $1,364,577Liabilities 2023: $854,065Net Assets 2023: $510,5122023Assets 2024: $1,534,262Liabilities 2024: $891,563Net Assets 2024: $642,6992024

Highlighted filing

2024

Assets$1,534,262
Liabilities$891,563
Net Assets$642,699

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2011: $144,279Expenses 2011: $141,235Net Income 2011: $3,0442011Revenue 2012: $173,064Expenses 2012: $141,181Net Income 2012: $31,8832012Revenue 2013: $160,715Expenses 2013: $146,232Net Income 2013: $14,4832013Revenue 2014: $175,156Expenses 2014: $163,796Net Income 2014: $11,3602014Revenue 2015: $209,138Expenses 2015: $184,708Net Income 2015: $24,4302015Revenue 2016: $221,329Expenses 2016: $156,555Net Income 2016: $64,7742016Revenue 2017: $219,323Expenses 2017: $172,293Net Income 2017: $47,0302017Revenue 2018: $260,225Expenses 2018: $169,028Net Income 2018: $91,1972018Revenue 2019: $300,317Expenses 2019: $182,521Net Income 2019: $117,7962019Revenue 2020: $349,529Expenses 2020: $183,034Net Income 2020: $166,4952020Revenue 2021: $356,911Expenses 2021: $160,388Net Income 2021: $196,5232021Revenue 2022: $388,799Expenses 2022: $232,286Net Income 2022: $156,5132022Revenue 2023: $421,297Expenses 2023: $237,937Net Income 2023: $183,3602023Revenue 2024: $437,980Expenses 2024: $269,194Net Income 2024: $168,7862024

Highlighted filing

2024

Revenue$437,980
Expenses$269,194
Net Income$168,786

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.89$0.64$0.44$0.27$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.85$0.51$0.42$0.24$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$1.03$0.14$0.39$0.23$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.78$0.20$0.36$0.16$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.62$0.17$0.35$0.18$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.46$0.16$0.30$0.18$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.10$0.38$0.26$0.17$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.11$0.29$0.22$0.17$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.07$0.24$0.22$0.16$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.02$0.21$0.21$0.18$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$0.18$0.16$0.01
2013Summary only. Only limited summary data is available for this year.$0.18$0.00$0.16$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.17$0.14$0.03
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.14$0.14$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 22, 2021
Return Version
2020v4.0
Gross Receipts
$349,639
Mission and Program Overview

Mission

homeowners association responsible for the operation of common area recreational facilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$484,021$624,907▲ $140,886
Land, Buildings, and Equipment, Net$127,983$159,406▲ $31,423
Accounts Receivable$1,623$2,194▲ $571
Prepaid Expenses and Deferred Charges$2,176$494▼ $1,682
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$615,803$787,001▲ $171,198
Other Assets Total-$0-
Liabilities
Other Liabilities$335,432$493,253▲ $157,821
Deferred Revenue$118,441$122,761▲ $4,320
Accounts Payable and Accrued Expenses$2,381$2,763▲ $382
Total Liabilities$456,254$618,777▲ $162,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$159,549$168,224▲ $8,675
Total Net Assets Fund Balance$159,549$168,224▲ $8,675
Total Liabilities and Net Assets / Fund Balance$615,803$787,001▲ $171,198

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$103,754$204,373$308,127
Land$49,600-$49,600
Buildings-$44,934$44,934
Equipment$6,052$33,764$39,816
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kerry SmithPresident
Brent NeitzelVice President
Sarah MettlerMember at Large
Laura BuchananSecretary
Ron BlumsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$347,787
Investment Income
$1,852
Other Revenue
$-110
Change in Net Assets
$166,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,299
Salaries, Compensation, and Employee Benefits$47,735
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,672--$43,672
Occupancy$42,724--$42,724
Fees for Services Accounting$16,546$2,870-$19,416
Insurance$16,158--$16,158
Depreciation Depletion$12,984--$12,984
Payroll Taxes$4,063--$4,063
Other Expenses$1,744$15-$1,759
All Other Expenses-$10-$10
Total Functional Expenses$179,826$3,208$0$183,034
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$110
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Reserve Assessment$493,243
Income Tax Payable$10
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
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, Part VI, Line 11B: Form 990 Review Process

tax return reviewed by treasurer

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Montevideo Improvement Assoc No 1
EIN
94-1627221
Phone
4083966870
Address
1585 MONTEVAL LANE, SAN JOSE, CA 95120

Signing Officer

Name
Ron Blumstein
Title
Treasurer
Signed
2021-04-22
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
18

Preparer

Firm
Stennes & Sabath Inc CPAs
Address
7877 Wren Ave Ste B, Gilroy, CA 95020
Preparer
Sandra Vogel
Phone
4088429466
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Increase in replacement funds to deferred assessment liab = -$157820

Raw XML Appendix373 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
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IRS990/PYOtherRevenueAmt0-1713
IRS990/PYProgramServiceRevenueAmt0298187
IRS990/PYRevenuesLessExpensesAmt0117796
IRS990/PYSalariesCompEmpBnftPaidAmt043461
IRS990/PYTotalExpensesAmt0182521
IRS990/PYTotalRevenueAmt0300317
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0624907
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt044934
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044934
IRS990ScheduleD/EquipmentGrp/BookValueAmt06052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033764
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039816
IRS990ScheduleD/LandGrp/BookValueAmt049600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt049600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0103754
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0204373
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0308127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0493243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RESERVE ASSESSMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INCOME TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0159406
IRS990ScheduleD/TotalLiabilityAmt0493253
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0tax return reviewed by treasurer
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCREASE IN REPLACEMENT FUNDS TO DEFERRED ASSESSMENT LIAB = -$157820
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Decreases
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IRS990/TotalAssetsEOYAmt0787001
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IRS990/TotalAssetsGrp/EOYAmt0787001
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03208
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0179826
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183034
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0456254
IRS990/TotalLiabilitiesEOYAmt0618777
IRS990/TotalLiabilitiesGrp/BOYAmt0456254
IRS990/TotalLiabilitiesGrp/EOYAmt0618777
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0159549
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0168224
IRS990/TotalProgramServiceExpensesAmt0179826
IRS990/TotalProgramServiceRevenueAmt0347787
IRS990/TotalRevenueGrp/ExclusionAmt0347677
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0349529
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0615803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0787001
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01585 MONTEVAL LANE
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095120
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MIAHOMEOWNERS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RON BLUMSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTEVIDEO IMPROVEMENT ASSOC NO 1
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0941627221
ReturnHeader/Filer/PhoneNum04083966870
ReturnHeader/Filer/USAddress/AddressLine1Txt01585 MONTEVAL LANE
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095120
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770534895
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stennes & Sabath Inc CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07877 Wren Ave Ste B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gilroy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095020
ReturnHeader/PreparerPersonGrp/PhoneNum04088429466
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDRA VOGEL
ReturnHeader/ReturnTs02021-04-22T15:55:54-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLUMSTEIN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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