Nonprofit · EIN 42-1514593
APARTMENTS OF RIVER TRACE INC
Tax-exempt · DES MOINES, IA 50314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $285,443 | $367,833 | -$82,390 | $1,419,728 | $2,406,485 | -$986,757 |
| December 31, 2023 | 990 | $269,731 | $332,443 | -$62,712 | $1,514,719 | $2,419,086 | -$904,367 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,774
- of which government grants
- $129,774
- Program service revenue
- $151,021
- Investment income
- $191
- Other revenue
- $4,457
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $80,476
- Salaries, compensation and benefits (total)
- $100,156
- Professional fundraising fees
- $0
- Accounting fees
- $5,100
- Occupancy
- $55,872
- Depreciation
- $78,100
- Program services (functional)
- $246,950
- Management and general (functional)
- $120,883
Balance sheet and other
- Total assets, start of year
- $1,514,719
- Total assets, end of year
- $1,419,728
- Total liabilities, end of year
- $2,406,485
- Net assets, end of year
- -$986,757
- Land, buildings and equipment
- $1,273,606
- Net assets without donor restrictions
- -$986,757
- Gross receipts
- $285,443
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY VORBRICH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARY NEIDERBACH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL TRAMONTINA | SECRETARY Trustee or director, Officer | 1 | $0 |
| VINCE LINTZ | TREASURER Trustee or director, Officer | 1 | $0 |
| CAROL BOWER | MEMBER Trustee or director | 1 | $0 |
| BREANN BYE | MEMBER Trustee or director | 1 | $0 |
| H RONALD WALKER | MEMBER Trustee or director | 1 | $0 |
| SHAWN HUCKLEBY | MEMBER Trustee or director | 1 | $0 |
| MICKEY CARLSON | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY VORBRICH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARY NEIDERBACH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL TRAMONTINA | SECRETARY Trustee or director, Officer | 1 | $0 |
| VINCE LINTZ | TREASURER Trustee or director, Officer | 1 | $0 |
| CAROL BOWER | MEMBER Trustee or director | 1 | $0 |
| BREANN BYE | MEMBER Trustee or director | 1 | $0 |
| H RONALD WALKER | MEMBER Trustee or director | 1 | $0 |
| SHAWN HUCKLEBY | MEMBER Trustee or director | 1 | $0 |
| MICKEY CARLSON | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1717 SIXTH AVENUE, DES MOINES, IA 50314-3388
- In care of
- % COMMUNITY HOUSING DEVELOPMENT
- Principal officer (990 for 2024)
- TERRANCE N VORBRICH, 1717 SIXTH AVENUE, DES MOINES, IA 50314
- Signed the 990
- TERRANCE VORBRICH, PRESIDENT
- Phone
- (515) 288-4398
- Return prepared by
- DENMAN CPA LLP
Mission
TO PROVIDE RENTAL APARTMENTS TO LOW INCOME SENIOR CITIZENS IN ACCORDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPLICABLE PROGRAM REQUIREMENTS.
Program accomplishments
- RESIDENTIAL RENTAL PROPERTY TO SERVE LOW INCOME SENIOR CITIZENS IN ACCORDANCE WITH APPLICABLE HUD PROGRAM REQUIREMENTS.Expenses $246,950 · revenue $151,021
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1514593
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $1,419,728
- Income (IRS master file)
- $285,443
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $285,443 | $367,833 | $1,419,728 | XML |
| 990 | December 2023 | $269,731 | $332,443 | $1,514,719 | XML |
| 990 | December 2022 | $265,393 | $310,603 | $1,564,742 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1514593).
Questions about APARTMENTS OF RIVER TRACE INC
- What is the EIN of APARTMENTS OF RIVER TRACE INC?
- The employer identification number (EIN) of APARTMENTS OF RIVER TRACE INC is 42-1514593.
- Is APARTMENTS OF RIVER TRACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to APARTMENTS OF RIVER TRACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does APARTMENTS OF RIVER TRACE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of APARTMENTS OF RIVER TRACE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did APARTMENTS OF RIVER TRACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of APARTMENTS OF RIVER TRACE INC?
- The 990 for the year ended December 31, 2024 names TERRANCE N VORBRICH.
- Who are the officers and directors of APARTMENTS OF RIVER TRACE INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does APARTMENTS OF RIVER TRACE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $285,443, expenses of $367,833 and total assets of $1,419,728 at year end.
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