Greenewood Homes Inc in Jefferson, Iowa (IA)

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Greenewood Homes Inc
Employer Identification Number (EIN)237099938
Name of OrganizationGreenewood Homes Inc
In Care of NameJan Whitver Sid Jones
Address700 S Oak St, Jefferson, IA 50129-2428
ActivitiesHousing for the aged (see also 153), Real estate association, Other housing activities
SubsectionSocial Welfare Organization
Ruling Date03/1972
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$436,734
Amount of Income$183,264
Form 990 Revenue Amount$183,264
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Senior Citizens' Housing/Retirement Communities


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Amount of income in 2013: $183,264 (it was $185,488 in 2012)
Greenewood Homes Inc: 

 $183,264
Other organizations performing similar types of work: 

 $472,802

Assets in 2013: $436,734 (it was $417,223 in 2012)
Greenewood Homes Inc: 

 $436,734
Other organizations performing similar types of work: 

 $1,498,541

Expenses in 2013: $169,665
Greenewood Homes Inc: 

 $169,665
Other organizations performing similar types of work: 

 $453,232

Income to expenses ratio in 2013: 1.1
Greenewood Homes Inc: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.1%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$170,216$185,488$183,264
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$169,298$184,803$182,720
Membership dues and assessments$0$0$0
Investment income$903$685$544
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$15$0$0
Total expenses$156,994$164,049$169,665
Total net assets$384,886$406,325$419,921
Excess/Deficit for the year$13,222$21,439$13,599
Net assets or fund balances at beginning of year$371,664$384,886$406,322
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$406,325$419,921
Balance Sheets
201120122013
Total assets$396,413$417,223$436,734
Total liabilities$11,527$10,898$16,813
Net assets or fund balances$384,886$406,325$419,921
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Wartburg Home Foundation IncWartburg Place, Mount Vernon, NY 10552NY1992-07$19,730,621
2Vinson Hall Corporation6251 Dominion Drive, Mclean, VA 22101VA1971-12$17,118,091
3Incarnate Word Retirement Community Inc4707 Broadway St, San Antonio, TX 78209-6215TX1946-03$15,263,320
4Victory Lake Nursing Center419 N Quaker Ln, Hyde Park, NY 12538-2933NY1969-02$12,782,740
5Villa St Francis Inc16600 W 126th St, Olathe, KS 66062-1184KS1946-03$11,979,194
6Neighborhood Finance Corporation1912 6th Ave, Des Moines, IA 50314-3331IA1990-05$5,195,937
7Sheldon Christian Retirement Home IncPO BOX 307, Sheldon, IA 51201-0307IA1976-04$932,307
8First Baptist Housing Foundation430 Grand Ave, Des Moines, IA 50309-2358IA1983-09$539,997
9Boone Regency Retirement1110 S Marshall, Boone, IA 50036-5372IA1993-11$314,869
10Manson Retirement Center Inc805 13th Street, Manson, IA 50563-5102IA1981-09$267,363
11Wayland Housing Corporation109 S Jefferson St, Mt Pleasant, IA 52641-2135IA1981-10$183,782
12Greenewood Homes Inc700 S Oak St, Jefferson, IA 50129-2428IA1972-03$183,264
13Grand View Apartments IncPO BOX 153, Dayton, IA 50530-0153IA1965-12$125,988
14Afton Manor Inc108 S Temple St, Afton, IA 50830-2052IA1971-10$108,205
15Sioux Rapids Retirement HomesPO BOX 476, Algona, IA 50511-0476IA1978-03$106,974
16L L Apartments IncPO BOX 377, Cresco, IA 52136-0377IA1994-10$103,162
17Danville Venture Villa IncPO BOX 123, West Liberty, IA 52776-0123IA1992-03$75,966
18Badger Development CorporationPO BOX 476, Algona, IA 50511-0476IA1988-08$75,156
19Aurelia Housing Corporation208 E State Street, Algona, IA 50511IA1993-09$0
20Charter Oak Enterprises IncBox 398, Vail, IA 51465IA1998-09$0
Number of organizations performing similar types of work
Alaska1
Alabama16
Arkansas19
Arizona12
California149
Colorado16
Connecticut30
District of Columbia3
Delaware3
Florida47
Georgia25
Hawaii6
Iowa17
Idaho2
Illinois34
Indiana33
Kansas13
Kentucky22
Louisiana20
Massachusetts45
Maryland20
Maine23
Michigan45
Minnesota19
Missouri28
Mississippi13
Montana9
North Carolina27
North Dakota7
Nebraska8
New Hampshire4
New Jersey38
New Mexico4
Nevada6
New York92
Ohio70
Oklahoma15
Oregon9
Pennsylvania54
Rhode Island7
South Carolina8
South Dakota5
Tennessee21
Texas42
Utah5
Virginia20
Vermont3
Washington19
Wisconsin38
West Virginia5
Wyoming9
International1
Total1,187

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