Coulee Homes Ltd FY2022 filing

Tax-deductible

Rice Lake, WI501(c)(3)Since 1992HousingEIN 39-1668287

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Chronically mentally ill housing

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $16K a year · 9% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$113K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$175K
+5% vs prior year
Spent
$183K
To programs
76%
Net assets
$475K
By yearFY2020–FY2025
Revenue
$175K
FY2022▲ +5%
Revenue by fiscal year
FY2020$147K
FY2021$166K
FY2022$175K
FY2023$180K
FY2024$182K
FY2025$188K
Expenses
$183K
FY2022▲ +5%
Expenses by fiscal year
FY2020$163K
FY2021$175K
FY2022$183K
FY2023$194K
FY2024$202K
FY2025$219K
Net assets
$475K
FY2022▼ -2%
Net assets by fiscal year
FY2020$491K
FY2021$483K
FY2022$475K
FY2023$460K
FY2024$440K
FY2025$410K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $138K Management & general 24% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President/CEO
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Coulee Homes Ltd executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides housing for individuals with chronic mental illness.

Provided by the organization

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1 program · $138K · in their own filed words · FY2022
01

Provide chronically mentally ill persons with housing facilities specially designed to meet their needs by operating a 24-UNIT housing facility.

$138Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$175K
Ln 12
Fees for servicesLn 2g$175K
Investment incomeLn 3$148
Money outPt IX
$183K
Ln 25
Programscol B$138K
Managementcol C$45K
Owns and owesPt X
$475K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$587K
LiabilitiesLn 26$113K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$175K
Investment incomeLn 3$148
Total revenueLn 12$175K
Assets in detailPt X, end of year
CashLn 1$9K
Cash and savings togetherLn 1–2$9K
Land, buildings, equipmentLn 10c$495K
Other assetsLn 15$76K
Total assetsLn 16$587K
LiabilitiesLn 26$113K
Net assetsLn 32$475K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1K$9K
Land, buildings, equipmentLn 10c$528K$495K
Total assetsLn 16$620K$587K
LiabilitiesLn 26$137K$113K
Net assetsLn 32$483K$475K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$35K$35K
Other employee benefitsLn 9$5K$5K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$23K$23K
Legal feesLn 11b$24$24
Accounting feesLn 11c$11K$11K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$550$550
Information technologyLn 14$4K$4K
OccupancyLn 16$31K$31K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$694$694
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$23K$18K$5K
Total functional expensesLn 25$183K$138K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $188K$219K−$30K$410K 990 PDF
FY2024 $182K$202K−$20K$440K 990 PDF
FY2023 $180K$194K−$14K$460K 990 PDF
FY2022 Viewing $175K$183K−$8K$475K 990 PDF
FY2021 $166K$175K−$8K$483K 990 PDF
FY2020 $147K$163K−$16K$491K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $175,052 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $174,904$174,904
VIII-3 Investment incomeExcluded from tax $148$148
VIII-12 Total revenueRelated to mission $174,904 · Unrelated business $0 · Excluded from tax $148$175,052
Part IX · Statement of functional expenses $183,059 across 15 lines filed
IX-7 Other salaries and wagesPrograms $34,999$34,999
IX-9 Other employee benefitsPrograms $4,891$4,891
IX-10 Payroll taxesPrograms $2,678$2,678
IX-11a Management feesManagement $23,192$23,192
IX-11b Legal feesPrograms $24$24
IX-11c Accounting feesManagement $10,760$10,760
IX-12 Advertising and promotionPrograms $1,985$1,985
IX-13 Office expensesPrograms $550$550
IX-14 Information technologyManagement $3,719$3,719
IX-16 OccupancyPrograms $30,667$30,667
IX-17 TravelManagement $1,815$1,815
IX-19 Conferences, conventions and meetingsManagement $694$694
IX-22 Depreciation, depletion and amortizationPrograms $32,571$32,571
IX-23 InsurancePrograms $11,695$11,695
IX-24 Other expenses (24a–d)Programs $18,317 · Management $4,502$22,819
IX-25 Total functional expensesPrograms $138,377 · Management $44,682 · Fundraising $0$183,059
Part X · Balance sheet $587,498 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,302$8,773
X-4 Accounts receivableStart of year $732$264
X-9 Prepaid expenses and deferred chargesStart of year $5,371$6,875
X-10c Land, buildings and equipment, netStart of year $528,006$495,435
X-15 Other assetsStart of year $84,345$76,151
X-16 Total assetsStart of year $619,756$587,498
X-17 Accounts payable and accrued expensesStart of year $34,064$9,509
X-19 Deferred revenueStart of year $637$888
X-25 Other liabilitiesStart of year $102,345$102,398
X-26 Total liabilitiesStart of year $137,046$112,795
X-27 Net assets without donor restrictionsStart of year −$559,690−$567,697
X-28 Net assets with donor restrictionsStart of year $1,042,400$1,042,400
X-32 Total net assets or fund balancesStart of year $482,710$474,703
X-33 Total liabilities and net assetsStart of year $619,756$587,498
Part XI · Reconciliation of net assets $474,703 net assets at year end
XI-1 Total revenue$175,052
XI-2 Total expenses$183,059
XI-3 Revenue less expenses−$8,007
XI-4 Net assets at start of year$482,710
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$474,703

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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