STRATEGY STUDIO / PUBLIC DATA EXPLORER

WESTEND TERZETTOS: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
WESTEND TERZETTOS (EIN 20-1948663)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-10
IRS object ID
201221319349302772
Schema version
2011v1.2
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)
Timestamp2012-05-10T16:28:24-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

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 Date2011-01-01TaxPeriodBeginDate

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
TitleCHAIRTitle
Phone7017462545Phone
Date Signed2012-05-03DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMark D HolmName
PTINP00143077PTIN
Phone7017464466Phone
Date Prepared2012-05-02DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

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 Receipts116900GrossReceipts
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-149824OtherRevenuePriorYear
Other Revenue Current Year-23000OtherRevenueCurrentYear
Total Revenue Prior Year-149824TotalRevenuePriorYear
Total Revenue Current Year-23000TotalRevenueCurrentYear
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 Year91401OtherExpensePriorYear
Other Expenses Current Year18383OtherExpensesCurrentYear
Total Expenses Prior Year91401TotalExpensesPriorYear
Total Expenses Current Year18383TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-241225RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-41383RevenuesLessExpensesCY
Total Assets BOY-319319TotalAssetsBOY
Total Assets EOY-365594TotalAssetsEOY
Total Liabilities BOY6679TotalLiabilitiesBOY
Total Liabilities EOY1787TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-325998NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-367381NetAssetsOrFundBalancesEOY
Mission DescriptionOWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLEDMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense14393Expense
DescriptionOWN,OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLEDDescription
Total Program Service Expense14393TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
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
Transaction Related Entity0TransactionRelatedEntity
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)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
CURT KREUN
CHAIRXX000
DUANE HAFNER
DIRECTORX000
GARTH RYDLAND
DIRECTORX000
FAYME STRINGER-HENRY
DIRECTORX000
JOAN JOHNSON
VICE CHAIRXX000
TERRY HANSON
SECRETARYX000
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 Inventory116900GrossSalesOfInventory
Cost Of Goods Sold139900CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-23000TotalRevenueColumn
Related Or Exempt Function Income-23000RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column-23000TotalRevenueColumn
Related Or Exempt Function Income-23000RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total100Total
Program Services100ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total550Total
Management And General550ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total3150Total
Program Services3150ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total189Total
Program Services189ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total1443Total
Program Services1443ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
COMMISSION FEES35073507
MAINTENANCE34973497
MANAGEMENT CONSULTANTS25892589
PROPERTY TAXES17151715

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1643Total
Program Services792ProgramServices
Management And General851ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total18383Total
Program Services14393ProgramServices
Management And General3990ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY-525330BOY
EOY-429386EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY206011BOY
EOY63792EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY-319319BOY
EOY-365594EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY5199BOY
EOY276EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1480BOY
EOY1511EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY6679BOY
EOY1787EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-325998BOY
EOY-367381EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-325998BOY
EOY-367381EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-319319BOY
EOY-365594EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-41383ReconcilationRevenueExpenses
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 Years1287445CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years366763CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years552750CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year643800CurrentTaxYearMinus1Year
Current Tax Year116900CurrentTaxYear
Total2967658Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1287445CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years366763CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years552750CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year643800CurrentTaxYearMinus1Year
Current Tax Year116900CurrentTaxYear
Total2967658Total

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 Total5092967658PublicSupportTotal509

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1287445CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years366763CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years552750CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year643800CurrentTaxYearMinus1Year
Current Tax Year116900CurrentTaxYear
Total2967658Total
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)
DescriptionSPECIALSDescription
Amount$1,511Amount
FieldValueIRS element (for citing)
Total Of Amounts1511TotalOfAmounts

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

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1HOMESTEAD PLACEBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11405 1ST AVE NAddressLine1
CityGRAND FORKSCity
StateNDState
ZIP Code58203ZIPCode
FieldValueIRS element (for citing)
EIN450455374EIN
Primary ActivitiesPROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, NDPrimaryActivities
Legal Domicile StateNDLegalDomicileState
Exempt Code Section501(c)(3)ExemptCodeSection
Public Charity StatusLine 7PublicCharityStatus
Controlled Org0ControlledOrg
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
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