ALCESTER VILLAGE INC

Address
P O BOX 290
ALCESTER, SD 57001
Contact
Phone: +1 (605) 934-2626
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 46-0461251

Mission

to provide affordable housing
 20172016201520142013
Basic features of the organization
Year of formation2001
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$2,500.00$2,800.00$2,300.00$2,300.00$1,232.00
Number of employees14032
Personnel
Broadwell, Kathy
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person KATHY BROADWELLKATHY BROADWELLKATHY BROADWELLKATHY BROADWELL
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 001.00001.00001.00001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Heikes, Tena
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personTENA HEIKESTENA HEIKESTENA HEIKESTENA HEIKESTENA HEIKES
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org001.00001.00001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hughes, Deb
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER  
Name of key/compensated personDEB HUGHESDEB HUGHESDEB HUGHES  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org001.00001.00001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Johnson, Cheryl
TitlePRESIDENTPRESIDENTPRESIDENTBOARD MEMBERBOARD MEMBER
Name of key/compensated personCHERYL JOHNSONCHERYL JOHNSONCHERYL JOHNSONCHERYL JOHNSONCHERYL JOHNSON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org001.00001.00001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
McKellips, Gary
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERPRESIDENTPRESIDENT
Name of key/compensated personGARY McKELLIPSGARY McKELLIPSGARY McKELLIPSGARY McKELLIPSGARY McKELLIPS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org001.00001.00001.00001.00001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Webster, Delila
TitleBOARD MEMBER    
Name of key/compensated personDELILA WEBSTER    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org001.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesto provide affordable housing to the rural community of Alcester, SDto provide affordable housing to the rural community of Alcester, SDto provide affordable housing to the rural community of Alcester, SDto provide affordable housing to the rural community of Alcester, SDto provide affordable housing to the rural community of Alcester, SD
Program service expenses, total$145,691.00$80,172.00$99,592.00$118,164.00$98,518.00
Programs, including revenue & expenses
PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.
Program expenses$145,691.00$80,172.00$99,592.00$118,164.00$98,518.00
Program revenue   $97,282.00$96,623.00
Program descriptionPROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND THE LOW INCOME PERSONS.
Financial data
Revenue
Total revenue$143,927.00$345,020.00$94,761.00$97,282.00$96,623.00
Revenue from contributions (total) $250,000.00$0.00$0.00$0.00
Investment income, current yr$370.00$335.00$329.00$376.00$533.00
Total revenue from grants, etc., current yr$0.00$250,000.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$2,132.00$393.00$1,538.00$0.00
Program service revenue (total)$143,557.00$92,553.00$94,039.00$95,368.00$96,090.00
Gross receipts$143,927.00$345,020.00$94,761.00$97,282.00$96,623.00
Sources of contributions
Revenue from gov't grants $250,000.00   
Other types of revenue
Miscellaneous revenue (total) $2,132.00$393.00$1,538.00 
Income from dividends, interest, and similar investments$370.00$335.00$329.00$376.00$533.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$230,608.00$164,605.00$101,892.00$120,468.00$99,750.00
Total functional expenses: program service $145,691.00$80,172.00$99,592.00$118,168.00$98,518.00
Total functional expenses: management and general$84,917.00$84,433.00$2,300.00$2,300.00$1,232.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00$0.00
Legal fees (total)$0.00$0.00$0.00$0.00$0.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$1,134,873.00$1,137,425.00$494,589.00$502,037.00$526,412.00
Total assets, beginning of year$1,137,425.00$494,589.00$502,037.00$526,412.00$530,207.00
Total liabilities$554,107.00$469,978.00$7,557.00$7,874.00$9,063.00
Total liabilities, beginning of year$469,978.00$7,557.00$7,874.00$9,063.00$9,731.00
Unrestricted net assets, end of yr$580,766.00$667,447.00$487,032.00$494,163.00$517,349.00
Net assets$580,766.00$667,447.00$487,032.00$494,163.00$517,349.00
Net assets, beginning of year$667,447.00$487,032.00$494,163.00$517,349.00$520,476.00
Other liabilities$11,748.00$12,512.00$7,438.00$7,755.00$8,305.00
Other assets$136,150.00$139,157.00$121,486.00$153,859.00$147,963.00
Cash: non-interest bearing$49,751.00$39,748.00$40,104.00$16,522.00$17,767.00
Cash: non-interest bearing, beginning of year$39,748.00$40,104.00$16,522.00$17,767.00$9,721.00
Other financial variables
Revenue less expenses-$86,681.00$180,415.00-$7,131.00-$23,186.00-$3,127.00
Advertising (total)$235.00$1,085.00$1,051.00$1,218.00$1,853.00
Accounts receivable, net$2,075.00$1,182.00$173.00$689.00 
Prepaid expenses & deferred charges$10,757.00$10,247.00$7,965.00$887.00$7,395.00
Accounts payable & accrued expenses $115,069.00$119.00$119.00$758.00
Unsecured notes & loans to unrelated parties$542,359.00$342,397.00   
Total net assets or fund balances$580,766.00$667,447.00$487,032.00$494,163.00$517,349.00
Depreciation, depletion, amortization$82,417.00$81,633.00$34,792.00$31,893.00$33,852.00
Payment to affiliates$0.00$0.00$0.00$0.00$0.00
Governance and accountability
Number of voting members55544
Number of independent voting members55544
Financial sheets auditedTrueTrueTrue  
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Business transaction with entity owner  TrueTrueTrue
Business transaction with family member  TrueTrueTrue
Business transaction with employee  TrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-11-302017-04-182016-01-202014-09-232013-12-14
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.2
Filing identifier201732519349300148201613449349300906201513009349300336201432379349300278201332779349300108
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