STRATEGY STUDIO / PUBLIC DATA EXPLORER

WESTEND TERZETTOS: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
WESTEND TERZETTOS (EIN 20-1948663)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-04-03
IRS object ID
201330939349300038
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-04-03T17:19:14-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN450338391EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1DREES RISKEY & VALLAGER LTDBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11405 LIBRARY CIRCLEAddressLine1
CityGRAND FORKSCity
StateNDState
ZIP Code58201ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN201948663EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1WESTEND TERZETTO'SBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlWESTNameControl
Phone7017462545Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11405 1ST AVE NAddressLine1
CityGRAND FORKSCity
StateNDState
ZIP Code58203ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCURT KREUNName
TitlePRESIDENTTitle
Phone7017462545Phone
Date Signed2013-03-19DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMark D HolmName
PTINP00143077PTIN
Phone7017464466Phone
Date Prepared2013-03-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonCURT KREUNNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11405 1ST AVE NAddressLine1
CityGRAND FORKSCity
StateNDState
ZIP Code58203ZIPCode
FieldValueIRS element (for citing)
Gross Receipts137400GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2005YearFormation
State Legal DomicileNDStateLegalDomicile
Activity Or Mission DescriptionOWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLEDActivityOrMissionDescription
Nbr Voting Members Governing Body5NbrVotingMembersGoverningBody
Nbr Independent Voting Members5NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year-23000OtherRevenuePriorYear
Other Revenue Current Year-47316OtherRevenueCurrentYear
Total Revenue Prior Year-23000TotalRevenuePriorYear
Total Revenue Current Year-47316TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year18383OtherExpensePriorYear
Other Expenses Current Year12901OtherExpensesCurrentYear
Total Expenses Prior Year18383TotalExpensesPriorYear
Total Expenses Current Year12901TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-41383RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-60217RevenuesLessExpensesCY
Total Assets BOY-365594TotalAssetsBOY
Total Assets EOY-421485TotalAssetsEOY
Total Liabilities BOY1787TotalLiabilitiesBOY
Total Liabilities EOY6113TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-367381NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-427598NetAssetsOrFundBalancesEOY
Mission DescriptionOWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLEDMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense8768Expense
DescriptionOWN,OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLEDDescription
Total Program Service Expense8768TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members5NbrVotingGoverningBodyMembers
Number Independent Voting Members5NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties1DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1TERRY HANSONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number7017462454TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11405 1ST AVENUE NORTHAddressLine1
CityGRAND FORKSCity
StateNDState
ZIP Code58203ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
CURT KREUN
PRESIDENT0.00XX000
DUANE HAFNER
DIRECTOR0.00X000
GARTH RYDLAND
DIRECTOR0.00X000
FAYME STRINGER-HENRY
DIRECTOR0.00X000
JOAN JOHNSON
VICE PRESIDENT0.00XX000
TERRY HANSON
SECRETARY0.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Gross Sales Of Inventory137400GrossSalesOfInventory
Cost Of Goods Sold184716CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-47316TotalRevenueColumn
Related Or Exempt Function Income-47316RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column-47316TotalRevenueColumn
Related Or Exempt Function Income-47316RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total3004Total
Program Services3004ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total550Total
Management And General550ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total749Total
Program Services749ProgramServices

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1519Total
Program Services1519ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total143Total
Program Services143ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total1690Total
Program Services1690ProgramServices

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralProgram ServicesProgramServices
MANAGEMENT CONSULTANTS25572557
MAINTENANCE16631663
MISCELLANEOUS ADMIN EXP10261026

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total12901Total
Program Services8768ProgramServices
Management And General4133ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY-429386BOY
EOY-421485EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY63792BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY-365594BOY
EOY-421485EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY276BOY
EOY5EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1511BOY
EOY6108EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1787BOY
EOY6113EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-367381BOY
EOY-427598EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-367381BOY
EOY-427598EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-365594BOY
EOY-421485EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-60217ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years366763CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years552750CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years643800CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year116900CurrentTaxYearMinus1Year
Current Tax Year137400CurrentTaxYear
Total1817613Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years366763CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years552750CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years643800CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year116900CurrentTaxYearMinus1Year
Current Tax Year137400CurrentTaxYear
Total1817613Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5091817613PublicSupportTotal509

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years366763CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years552750CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years643800CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year116900CurrentTaxYearMinus1Year
Current Tax Year137400CurrentTaxYear
Total1817613Total
FieldValueIRS element (for citing)
Public Support Percentage5091.00000PublicSupportPercentage509
Prior Year Support Percentage1.00000PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionRETAINAGE PAYABLEDescription
Amount$6,108Amount
FieldValueIRS element (for citing)
Total Of Amounts6108TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Section A, line 3WESTEND TERZETTO'S ENTERED INTO AN AGREEMENT WITH THE HOUSING AUTHORITY OF THE CITY OF GRAND FORKS, NORTH DAKOTA, TO ACT AS ITS AGENT IN THE OPERATION OF THE PROJECT'S PROPERTIES AND TO MAKE ALL COLLECTIONS FOR IT. THE MANAGEMENT AGREEMENT PROVIDES FOR A MONTHLY MANAGEMENT FEE OF 5% OF GROSS COLLECTIONS RECEIVED DURING THE MONTH.
Form 990, Part VI, Section A, line 8bTHERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
Form 990, Part VI, Section B, line 11THE 990 IS REVIEWED AT A BOARD MEETING.
Form 990, Part VI, Section B, line 12cBOARD MEMBERS ARE COGNIZANT OF THE INTEREST RULES AND UPON DISCOVERY OF POTENTIAL CONFLICTS, IT IS DISCUSSED AMONG THE BOARD MEMBERS AND STAFF.
Form 990, Part VI, Section C, line 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusControlled OrgControlledOrg
HOMESTEAD PLACE
1405 1ST AVE NGRAND FORKSND58203450455374PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, NDND501(c)(3)Line 70
GRAND FORKS HOUSING AUTHORITY
1405 1ST AVE NGRAND FORKSND58203456035977PROVIDE MGMT SERVICES FOR AGENCIES WHO PROVIDE HOUSING TO LOW INCOME TENANTNDGOVERNMENT UNIT0
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg