Mapleview INC EIN 35-1876232

Mapleview INC FY2023 filing

EIN  35-1876232 Public charity (501(c)(3)) Columbus, IN
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides affordable housing for residents through apartment community operations.
Leadership
Geoff McKim · Director
Money in and out
$119K revenue, $136K expenses
Bottom line
77% program efficiency

Provides affordable housing for residents through apartment community operations. For fiscal year 2023 it reported $119K in revenue, $136K in expenses, and $399K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$119K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$399K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$17K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Program efficiency
77%
of spending reaches programs
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$119K
FY2023▼ -1%
Expenses
$136K
FY2023▼ -12%
Total assets
$427K
FY2023▼ -6%
Total liabilities
$29K
FY2023▼ -28%
Total revenue
$119K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$399K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$17K
Total assetsPt X · Ln 16$427K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $104K of program spending, described in the organization's own filed words · FY2022.
01

Mapleview, inc. Was organized to construct, own and operate a 21 unit apartment community in columbus, indiana, known as mapleview apartments, pursuant to section 811 of the national affordable housing act, as amended.

$104Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMapleview INC
EINHdr · item D35-1876232
Principal addressHdr · item CColumbus, IN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S80)
Ruling yearIRS BMFJan 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$78K · 66%
Contributions & grants$39K · 33%
Other revenue$2K · 1%
Program service revenue66%$78K
Contributions & grants33%$39K
Other revenue1%$2K
Investment income$8
— government grantsLn 1e$39K
Total revenueLn 12$119K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$104K
Management & general23%$32K
Total functional expensesLn 25$136K

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$427K
Total liabilitiesLn 26$29K
Total net assetsLn 32$399K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses/yr $136K
6.3 months
Where the money goes
Program services
Program services $104K · Total expenses $136K
77%
Management & General
Management & general $32K · Total expenses $136K
23%
Fundraising
Fundraising $0 · Total expenses $136K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $39K · Total revenue $119K
33%
Government reliance
Government grants $39K · Total revenue $119K
33%
Earned-income share
Program service revenue $78K · Total revenue $119K
66%
Investment reliance
Investment income $8 · Total revenue $119K
0%
Program self-sufficiency
Program service revenue $78K · Total expenses $136K
57%
Growth & trend
Revenue growth (YoY)
This year $119K · Prior year $120K
-1%
Net-asset trend (YoY)
End of year $399K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $119K · Expenses $136K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $427K
Net-asset ratio
Net assets $399K · Total assets $427K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $427K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Geoff McKim · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $136K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16K · Total expenses $136K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Fundraising cost ratio 0%
Revenue growth -1%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$129K revenue · ⤓ 990 PDF
FY2024$117K revenue · ⤓ 990 PDF
FY2023$119K revenue · viewing · ⤓ 990 PDF
FY2022$120K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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