SOUTHWEST MINNESOTA HOUSING PARTNERSHIP: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHWEST MINNESOTA HOUSING PARTNERSHIP (EIN 41-1721815)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349306855
- Schema version
- 2023v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T11:26:46-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6TH ST 2300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411721815 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWEST MINNESOTA HOUSING PARTNERSHIP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 5078368547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 BROADWAY AVENUE | AddressLine1Txt |
| City | SLAYTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 561721142 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHAD ADAMS | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 5078368547 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN A GRIES | PreparerPersonNm |
| PTIN | P00078514 | PTIN |
| Phone | 6128764500 | PhoneNum |
| Preparation | 2024-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHAD ADAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 BROADWAY AVENUE | AddressLine1Txt |
| City | SLAYTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 561721142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,828,312 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SWMHP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | TO PARTNER WITH COMMUNITIES TO DEVELOP PLACES FOR PEOPLE TO CALL HOME SO THAT PEOPLE IN SOUTHWEST AND SOUTH-CENTRAL MINNESOTA HAVE ACCESS TO DIGNIFIED AFFORDABLE HOUSING, AND THRIVING, INCLUSIVE AND EQUITABLE COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 33 | TotalEmployeeCnt |
| Total Volunteers | 160 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,202,990 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,061,552 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,302,458 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,645,021 | CYProgramServiceRevenueAmt |
| PY Investment Income | $357,643 | PYInvestmentIncomeAmt |
| CY Investment Income | $913,263 | CYInvestmentIncomeAmt |
| PY Other Revenue | $68,574 | PYOtherRevenueAmt |
| CY Other Revenue | $73,529 | CYOtherRevenueAmt |
| PY Total Revenue | $12,931,665 | PYTotalRevenueAmt |
| CY Total Revenue | $14,693,365 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $110,180 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $101,682 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,278,212 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,419,961 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $22,276 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $61,655 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,960,614 | PYOtherExpensesAmt |
| CY Other Expenses | $13,172,387 | CYOtherExpensesAmt |
| PY Total Expenses | $14,349,006 | PYTotalExpensesAmt |
| CY Total Expenses | $15,716,306 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,417,341 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,022,941 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,592,294 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,357,463 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $60,792,574 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $63,125,659 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,799,720 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,231,804 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,211,339 | ExpenseAmt |
| Revenue | $12,034,728 | RevenueAmt |
| Desc | MULTI-FAMILY DEVELOPMENT AND ASSET MANAGEMENT:SWMHP IS AN EXPERIENCED DEVELOPER AND MANAGER OF RESIDENTIAL REAL ESTATE, PARTICULARLY MULTI-FAMILY AFFORDABLE HOUSING. SWMHP HAS DEVELOPED, OWNS AND PROVIDES ASSET MANAGEMENT SERVICES FOR 2,074 RENTAL UNITS IN 68 PROPERTIES ACROSS 37 COMMUNITIES. RECOGNIZING THE IDEA THAT SAFE HOUSING IS A FUNDAMENTAL RIGHT, THE DEVELOPMENT OF THESE UNITS INCLUDES SETTING ASIDE AND DESIGNATING UNITS FOR INDIVIDUALS AND HOUSEHOLDS WITH HISTORIES OF HOMELESSNESS, MENTAL ILLNESS, AND/OR SUBSTANCE USE DISORDER. SWMHP THEN WORKS WITH LOCAL SERVICE PROVIDERS TO ENSURE THAT ONCE THESE HOUSEHOLDS ARE HOUSED, THEY CAN THEN ACCESS THE SUPPORT SERVICES THEY NEED TO BE SUCCESSFUL IN MAINTAINING HOUSING. ASSET MANAGEMENT SERVICES ALSO INCLUDE CAPITAL NEEDS ANALYSIS, REFINANCING FOR EXTENDED AFFORDABILITY OR RETENTION OF RENTAL SUBSIDIES, AND OTHER FINANCING REVIEW FOR PROPERTIES AND PORTFOLIOS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $228,375 | ExpenseAmt |
| Grant | $67,912 | GrantAmt |
| Revenue | $103,522 | RevenueAmt |
| Desc | HOUSING AND COMMERCIAL REHAB:SWMHP BRINGS CONSTRUCTION MANAGEMENT EXPERTISE TO OVERSEE REHAB AND REDEVELOPMENT PROJECTS, BOTH RESIDENTIAL AND COMMERCIAL IN NATURE. THESE EFFORTS FOCUS ON GOALS SUCH AS: REMOVING HEALTH & SAFETY HAZARDS, MEETING ACCESSIBILITY REQUIREMENTS, INCREASING ENERGY EFFICIENCIES, INCREASING MARKETABILITY TO ENSURE QUALITY LIVING FOR THOSE WE WORK WITH. SWMHP WRITES FUNDING REQUESTS AND ADMINISTERS SEVERAL HOUSING REHABILITATION PROGRAMS IN THE REGION, INCLUDING SMALL CITIES DEVELOPMENT PROGRAM (SCDP), RENTAL REHABILITATION DEFERRED LOANS (RRDL), FEDERAL HOME LOAN BANK (FHLB), FIX-UP FUNDS AND OTHER RESOURCES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $384,625 | ExpenseAmt |
| Revenue | $722,104 | RevenueAmt |
| Desc | DEVELOPMENT:SWMHP'S MENU OF SERVICES INCLUDES BOTH SINGLE FAMILY DEVELOPMENT AND COMMUNITY DEVELOPMENT AND TECHNICAL SUPPORT. THERE TENDS TO BE A GREAT DEAL OF CONNECTION BETWEEN THESE PROGRAMS. SWMHP HELPS LOCAL UNITS OF GOVERNMENT, NOT-FOR-PROFIT DEVELOPERS AND OTHER AGENCIES IDENTIFY AND ADDRESS HOUSING NEEDS WITHIN A COMMUNITY. THESE NEEDS ARE DONE THROUGH METHODS SUCH AS NEEDS ASSESSMENTS, SURVEYS, AND COMMUNITY ENGAGEMENT AND FEEDBACK SESSIONS. SWMHP CAN PROPOSE SOLUTIONS INCLUDING, BUT NOT LIMITED TO, TECHNICAL ASSISTANCE IN GRANT WRITING OR SUPPORTING APPLICATIONS, FINANCIAL REVIEW OF COST FEASIBILITY OF HOW A PROJECT COULD BE DONE, RESEARCHING VARIOUS FUNDING STREAMS THAT COULD FIT, AS WELL AS INITIAL DESIGN WORK TO BRING NEEDS TO LIFE IN A WAY STAKEHOLDERS COULD ENVISION. THESE SERVICES ARE PRIMARILY FUNDED BY DEVELOPER FEES, FOUNDATION GRANTS AND THE MINNESOTA HOUSING FINANCE AGENCY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $631,659 | ExpenseAmt |
| Grant | $33,770 | GrantAmt |
| Revenue | $305,586 | RevenueAmt |
| Desc | COUNSELING & SUPPORTIVE SERVICES:SWMHP PROVIDES EDUCATION AND COUNSELING SERVICES TO THOSE PREPARING FOR HOMEOWNERSHIP, AS WELL AS THOSE IN RENTAL SITUATIONS DEPENDING ON THEIR NEEDS. HOMEOWNERSHIP COUNSELING SERVICES ADDRESS CREDIT CONCERNS, EDUCATE ON HOUSEHOLD MAINTENANCE AND UPKEEP, AND HELP IDENTIFY FINANCING SOURCES. THESE COUNSELING SERVICES ALSO INCLUDE FORECLOSURE COUNSELING AND ADVOCACY, AS WELL AS EVICTION PREVENTION COUNSELING AND ADVOCACY. SWMHP ALSO SERVES AS A SUPPORTIVE SERVICES PROVIDER FOR ELIGIBLE RESIDENTS OF THREE PROPERTIES IN SWMHP'S PORTFOLIO AND TWO PROPERTIES IN ANOTHER DEVELOPER/OWNER'S PORTFOLIO. SUPPORTIVE SERVICES INCLUDE CREATING INDIVIDUALIZED HOUSEHOLD PLANS WITH GOALS DESIGNED TO ADDRESS RESIDENT'S OBSTACLES AND BARRIERS TO HOUSING. THESE PLANS ADDRESS SECURING EMPLOYMENT, MEETING BASIC NEEDS, EDUCATION ON TENANT RIGHTS AND RESPONSIBILITIES, CONFLICT MANAGEMENT WITH LANDLORDS AND NEIGHBORS, AND REFERRALS TO APPROPRIATE THERAPIES AND PROGRAMS AVAILABLE IN THE COMMUNITY. SWMHP PROVIDES SUPPORTIVE SERVICES TO APPROXIMATELY 120 INDIVIDUALS IN 50 UNITS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $631,659 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $33,770 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $305,586 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $14,455,998 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 42 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 33 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF CORDES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5078368547 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 BROADWAY AVENUE | AddressLine1Txt |
| City | SLAYTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 561721142 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARGO DRUSCHEL | ||||||||
| SECRETARY-TREASURER | 1.00 | Yes (X) | Yes (X) | $400 | $0 | $0 | ||
| TARA ONKEN | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $250 | $0 | $0 | ||
| DAWN HEGLAND | ||||||||
| VICE-CHAIR | 1.00 | Yes (X) | Yes (X) | $25 | $0 | $0 | ||
| SCOTT MARQUARDT | ||||||||
| PAST CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| APRIL CHOUINARD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID THOMPSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EMILY MASTERS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY ANDERSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LIZ DANIELSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW UST | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $100 | $0 | $0 | |||
| CHAD ADAMS | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $164,675 | $0 | $19,226 | 2.00 | ||
| EMILY BUCHER | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $30,643 | $0 | $4,188 | |||
| JEFF CORDES | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $59,963 | $0 | $4,905 | |||
| KRISTIE BLANKENSHIP | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $123,379 | $0 | $25,720 | 2.00 | Yes (X) | ||
| JESSE SCHOTT | ||||||||
| DIRECTOR OF CONSTRUCTION SERVICES | 40.00 | $100,435 | $0 | $15,614 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $479,870 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $69,653 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUG NAU CONSTRUCTION | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 930 OXFORD ST S | AddressLine1Txt |
| City | WORTHINGTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONSTRUCTION | ServicesDesc |
| Compensation | $536,655 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $830,987 | GovernmentGrantsAmt |
| All Other Contributions | $230,565 | AllOtherContributionsAmt |
| Total Contributions | $1,061,552 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 531110 | $10,497,630 | $10,497,630 |
| FEES FOR SERVICE | 531390 | $1,495,391 | $1,495,391 |
| ASSETS HELD FOR SALE | 531390 | $652,000 | $652,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,645,021 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $968,210 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $447,390 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $520,820 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $80,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $134,947 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$54,947 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$54,947 | TotalRevenueColumnAmt |
| Exclusion | -$54,947 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TAX INCREMENT FUNDS | 900099 | $45,039 | $45,039 |
| MISCELLANEOUS | 900099 | $28,490 | $28,490 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $73,529 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,693,365 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,165,940 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $465,873 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,682 | TotalAmt |
| Program Services | $101,682 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,193 | TotalAmt |
| Management And General | $288,193 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,706,178 | TotalAmt |
| Program Services | $1,380,906 | ProgramServicesAmt |
| Management And General | $295,189 | ManagementAndGeneralAmt |
| Fundraising | $30,083 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,715 | TotalAmt |
| Program Services | $60,282 | ProgramServicesAmt |
| Management And General | $39,046 | ManagementAndGeneralAmt |
| Fundraising | $1,387 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,540 | TotalAmt |
| Program Services | $139,487 | ProgramServicesAmt |
| Management And General | $33,962 | ManagementAndGeneralAmt |
| Fundraising | $3,091 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,335 | TotalAmt |
| Program Services | $90,052 | ProgramServicesAmt |
| Management And General | $56,266 | ManagementAndGeneralAmt |
| Fundraising | $2,017 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,805 | TotalAmt |
| Management And General | $2,805 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,250 | TotalAmt |
| Management And General | $50,250 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,276 | TotalAmt |
| Fundraising | $22,276 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,396 | TotalAmt |
| Program Services | $84,436 | ProgramServicesAmt |
| Management And General | $82,960 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,304 | TotalAmt |
| Program Services | $1,920 | ProgramServicesAmt |
| Management And General | $1,309 | ManagementAndGeneralAmt |
| Fundraising | $75 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,722 | TotalAmt |
| Program Services | $10,952 | ProgramServicesAmt |
| Management And General | $74,749 | ManagementAndGeneralAmt |
| Fundraising | $21 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,567 | TotalAmt |
| Program Services | $3,207 | ProgramServicesAmt |
| Management And General | $30,008 | ManagementAndGeneralAmt |
| Fundraising | $1,352 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,373 | TotalAmt |
| Program Services | $115 | ProgramServicesAmt |
| Management And General | $26,258 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,379 | TotalAmt |
| Program Services | $27,157 | ProgramServicesAmt |
| Management And General | $26,010 | ManagementAndGeneralAmt |
| Fundraising | $1,212 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,723 | TotalAmt |
| Program Services | $30,577 | ProgramServicesAmt |
| Management And General | $43,005 | ManagementAndGeneralAmt |
| Fundraising | $141 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,317 | TotalAmt |
| Management And General | $61,317 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,185 | TotalAmt |
| Program Services | $21,848 | ProgramServicesAmt |
| Management And General | $29,337 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,471 | TotalAmt |
| Management And General | $20,471 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| HOUSING EXPENSES | $11,613,468 | $11,613,468 | |
| HOME BUILDING EXPENSE | $664,410 | $664,410 | |
| CLIENT SERVICES | $225,499 | $225,499 | |
| BAD DEBT | $37,417 | $37,417 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101 | TotalAmt |
| Management And General | $101 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,716,306 | TotalAmt |
| Program Services | $14,455,998 | ProgramServicesAmt |
| Management And General | $1,198,653 | ManagementAndGeneralAmt |
| Fundraising | $61,655 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,507,890 | BOYAmt |
| EOY | $6,372,773 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,680,306 | BOYAmt |
| EOY | $9,492,834 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,537 | BOYAmt |
| EOY | $67,880 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,443,107 | BOYAmt |
| EOY | $1,691,590 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,153,027 | BOYAmt |
| EOY | $6,982,036 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,294 | BOYAmt |
| EOY | $139,369 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $81,857,218 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $40,568,288 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,731,651 | BOYAmt |
| EOY | $41,288,930 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $728,882 | BOYAmt |
| EOY | $2,163,240 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,794 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,600 | BOYAmt |
| EOY | $154,017 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,592,294 | BOYAmt |
| EOY | $68,357,463 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,053,140 | BOYAmt |
| EOY | $2,791,876 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,090,011 | BOYAmt |
| EOY | $1,166,474 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,086,320 | BOYAmt |
| EOY | $3,990,904 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,615 | BOYAmt |
| EOY | $4,456 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,953,650 | BOYAmt |
| EOY | $54,493,568 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,000 | BOYAmt |
| EOY | $70,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $530,838 | BOYAmt |
| EOY | $608,381 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,792,574 | BOYAmt |
| EOY | $63,125,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,327,455 | BOYAmt |
| EOY | $3,543,288 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,472,265 | BOYAmt |
| EOY | $1,688,516 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,799,720 | BOYAmt |
| EOY | $5,231,804 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,592,294 | BOYAmt |
| EOY | $68,357,463 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,022,941 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $455,025 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,432,270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,412,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,197,177 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,202,990 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,061,552 | CurrentTaxYearAmt |
| Total | $7,306,463 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,432,270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,412,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,197,177 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,202,990 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,061,552 | CurrentTaxYearAmt |
| Total | $7,306,463 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,388,218 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,918,245 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $431,675 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $342,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $348,273 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $357,643 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $968,210 | CurrentTaxYearAmt |
| Total | $2,448,290 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $207,733 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $62,056 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,307 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $68,574 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $73,529 | CurrentTaxYearAmt |
| Total | $471,199 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $10,225,952 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $49,833,832 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.57870 | PublicSupportCY170Pct |
| Public Support PY170 | 0.55950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2019 AMOUNT: $ 207,733. 2020 AMOUNT: $ 62,056. 2021 AMOUNT: $ 59,307. 2022 AMOUNT: $ 6,859. 2023 AMOUNT: $ 28,490. TAX INCREMENT FUNDS - 2022 AMOUNT: $ 61,715. 2023 AMOUNT: $ 45,039. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,623,089 | OtherCostOrOtherBasisAmt |
| Book Value | $3,623,089 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $74,724,678 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,320,601 | DepreciationAmt |
| Book Value | $34,404,077 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,358,888 | OtherCostOrOtherBasisAmt |
| Depreciation | $152,468 | DepreciationAmt |
| Book Value | $3,206,420 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $150,563 | OtherCostOrOtherBasisAmt |
| Depreciation | $95,219 | DepreciationAmt |
| Book Value | $55,344 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $41,288,930 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $529,105 |
| FINANCE LEASE | $79,276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $608,381 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | SOUTHWEST MINNESOTA HOUSING PARTNERSHIP (SWMHP) PARTICIPATES IN THE MINNESOTA URBAN & RURAL HOMESTEADING (MURL) PROGRAM THROUGH MINNESOTA HOUSING THROUGH WHICH WE HELP LOW INCOME AND AT RISK FAMILIES PURCHASE HOMES WITH NO DOWN-PAYMENT AND NO INTEREST UNDER CONTRACT-FOR-DEED. AS THE CONTRACT-FOR-DEED HOLDER, SWMHP COLLECTS, HOLDS IN ESCROW, AND REMITS TAXES AND INSURANCE ON BEHALF OF THE BUYER THROUGH OUT THE CONTRACT. |
| PART X, LINE 2: | IN ACCORDANCE WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING 2023 AND 2022. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J MURPHY & ASSOCIATES RAINMAKER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 NE GODWARD ST SUITE 2625 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | COMMUNICATIONS WRITING, EVENT PLANNING, OTHER DEVELOPMENT CO | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $22,276 | RetainedByContractorAmt |
| Net To Organization | -$22,276 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $22,276 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$22,276 | TotalNetToOrganizationAmt |
| Licensed States | MN | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SMALL CITIES BLOCK GRANT - OWNER OCCUPIED HOUSING REHAB | 9 | $67,912 |
| RENTAL SUBSIDIES | 6 | $33,770 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE U.S. INCLUDE HAVING THE PROGRAM AND FINANCE STAFF REVIEW THE GRANT AGREEMENTS FOR REQUIREMENTS OF THE GRANT FUNDS. GRANT APPLICATIONS ARE ALSO REVIEWED BECAUSE MOST OF THE APPLICATIONS ARE INCORPORATED INTO THE AGREEMENTS. FOR THE GRANT FUNDS WITH ESTABLISHED POLICIES, THE APPLICATIONS AND THE FUNDERS' POLICIES ARE REVIEWED FOR ANY PROVISIONS THAT DICTATE HOW THE FUNDS ARE TO BE DISBURSED AND REPORTED. INTERIM AND FINAL NARRATIVE AND FINANCIAL REPORTS ON USAGE OF FUNDS ARE PROVIDED TO FUNDERS. THE FUNDS ARE TRACKED BY PROGRAM AND FINANCE STAFF, ALONG WITH THE FUNDER, THROUGH DRAW REQUESTS AND REPORTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHAD ADAMS | PersonNm |
| Title | CHIEF EXECUTIVE OFFICER | TitleTxt |
| Base Compensation Filing Org | $164,675 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $8,804 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $10,422 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $183,901 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF JACKSON MN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 416005262 | BondIssuerEIN |
| CUSIP | 468410AM7 | CUSIPNum |
| Bond Issued | 2017-12-28 | BondIssuedDt |
| Issue Price | $4,400,000 | IssuePriceAmt |
| Purpose | REFUND PRIOR ISSUE - MULTIFAMILY HOUSING ACQUISITION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $320,000 | RetiredAmt |
| Total Proceeds | $4,400,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $88,000 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $73,352 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $26,124 | CapitalExpendituresAmt |
| Other Spent Proceeds | $4,212,524 | OtherSpentProceedsAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: CITY OF JACKSON, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2022 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1: | SOUTHWEST MINNESOTA HOUSING PARTNERSHIP (SWMHP) IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION SERVING COMMUNITIES THROUGHOUT 30 COUNTIES IN SOUTHWEST AND SOUTH-CENTRAL MINNESOTA, WHOSE MISSION IS TO PARTNER WITH COMMUNITIES TO DEVELOP PLACES FOR PEOPLE TO CALL HOME. OUR VISION IS ONE WHERE EVERY PERSON HAS ACCESS TO A WELCOMING HOME, AND EVERY PLACE HAS A THRIVING AND EQUITABLE COMMUNITY. SWMHP DOES THIS BY PROMOTING AND DELIVERING A HIGH-QUALITY COMPREHENSIVE MENU OF HOUSING SERVICES AND PRODUCTS, INCLUDING HOMEOWNERSHIP ASSISTANCE, COMMUNITY LAND TRUST, COMMUNITY PLANNING AND TECHNICAL ASSISTANCE, LAND DEVELOPMENT AND REDEVELOPMENT, HOUSING PRESERVATION, HOUSING ASSESSMENTS AND INSPECTIONS, COMMUNITY BUILDING AND ENGAGEMENT, AND SUPPORTIVE HOUSING SERVICES. THE SWMHP ENSURES ITS ACTIVITIES ARE CONDUCTED SUSTAINABLY, SUPPORT RESIDENT AND COMMUNITY HEALTH, AND CREATE COMMUNITY RESOURCES TO HELP PEOPLE PROSPER. THIS WORK IS CENTERED IN THE VALUES OF 1) STRONG RURAL COMMUNITIES, 2) SAFE HOUSING AS A FUNDAMENTAL RIGHT, 3) SHARED EMPOWERED FUTURES, 4) INNOVATION CENTERED IN QUALITY AND SUSTAINABILITY, AND 5) PEOPLE WORKING TOGETHER. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO MANAGE THE AFFAIRS OF THE CORPORATION IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. THE MEMBERSHIP INCLUDES THE OFFICERS OF THE CORPORATION (CHAIR, VICE CHAIR AND SECRETARY, TREASURER), PAST CHAIR, AND ONE OTHER DIRECTOR THAT IS APPOINTED TO THE EXECUTIVE COMMITTEE BY THE BOARD CHAIR AND CONFIRMED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS WITH ITS FULL AUTHORITY UNDER THE FOLLOWING CONDITIONS: 1) TO APPROVE TIME SENSITIVE BUSINESS TRANSACTIONS WHERE THE BOARD HAS BEEN PREVIOUSLY INFORMED, AND; 2) UNDER AN EMERGENCY SITUATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND SUBSEQUENTLY REVIEWED INTERNALLY BY MANAGEMENT. ONCE FINALIZED, THE RETURN IS PRESENTED TO THE BOARD FOR APPROVAL BEFORE FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS AND OFFICERS OF THE ORGANIZATION, IN THE COURSE OF OR IN RELATION TO THEIR OFFICIAL DUTIES, SHALL NOT DIRECTLY OR INDIRECTLY RECEIVE OR AGREE TO RECEIVE ANY PAYMENT, COMPENSATION, GIFT, SERVICE OF PROMISE OF FUTURE EMPLOYMENT FROM ANY SOURCE OTHER THAN THE ORGANIZATION. THE BOARD HAS ACCESS TO THE ORGANIZATION'S SENIOR MANAGEMENT AND RECOGNIZES THAT JUDGMENT AND DISCRETION ARE TO BE OBSERVED IN SUCH CONTACTS. IT IS EXPECTED THAT SENIOR MANAGEMENT SHALL INFORM THE BOARD IN CASES THAT INVOLVE CONTRACTS, OBTAINING PRODUCTS OR SERVICES OR OTHER SITUATIONS WHERE A POTENTIAL CONFLICT MAY EXIST WITH AN OFFICER OR DIRECTOR. IN CASES WHERE A DIRECTOR OR OFFICER OF THE ORGANIZATION BELIEVES THAT A CONFLICT OF INTEREST MAY EXIST, THAT DIRECTOR OR OFFICER SHALL RECUSE HIM/HERSELF FROM ANY DISCUSSION OR ACTIONS PERTAINING TO THE MATTER. ALL DIRECTORS AND OFFICERS OF THE ORGANIZATION SHALL ACKNOWLEDGE THEIR UNDERSTANDING AND DUTY TO CONDUCT THEIR ACTIVITIES IN COMPLIANCE WITH THE CONFLICT INTEREST POLICY ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ORGANIZATION PROVIDES THE BOARD OF DIRECTORS A REPORT FROM NEIGHBORWORKS THAT COMPARES THE CEO'S SALARY AGAINST OTHER CEOS IN THE NEIGHBORWORKS NETWORK. THE BOARD COMPLETES THE CEO'S PERFORMANCE REVIEW AND APPROVES THE CEO'S GOALS FOR THE UPCOMING YEAR. THE BOARD APPROVES THE CEO'S COMPENSATION INCREASE (TYPICALLY ANNUALLY AT THE BEGINNING OF THE YEAR). THESE DECISIONS ARE DOCUMENTED AND RETAINED WITH OTHER OFFICIAL BOARD RECORDS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | NEW ENTITIES FOR CONSOLIDATION -81,121. ASSIGNMENT OF EQUITY - WESTWINDS 874,989. ASSIGNMENT OF LIMITED PARTNERSHIP INTERESTS -366,527. CASH DISTRIBUTIONS 27,684. |
| FORM 990, PART XII, LINE 2C: | NEITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (41 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| SWMHP FIVE CITIES LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 823526189 | RESIDENTIAL RENTAL | MN | $807,395 | $2,473,657 | SW MN HOUSING PARTNERSHIP |
| NEW PRAGUE WESTGATE TOWNHOMES LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 261540097 | RESIDENTIAL RENTAL | CO | $543,729 | $2,573,386 | SW MN HOUSING PARTNERSHIP |
| ST PETER NICOLLET MEADOWS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 273495194 | RESIDENTIAL RENTAL | MN | $265,797 | $1,220,721 | SW MN HOUSING PARTNERSHIP |
| PARTNERSHIP COMMUNITY LAND TRUSTLLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 263077766 | LAND TRUST | CO | $171,717 | $847,050 | SW MN HOUSING PARTNERSHIP |
| SWMHP SIBLEY PARKWAY APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 274542454 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $81,235 | $552,183 | SW MN HOUSING PARTNERSHIP |
| SWMHP EDGEWOOD APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 465346581 | RESIDENTIAL RENTAL | MN | $358,082 | $1,470,397 | SW MN HOUSING PARTNERSHIP |
| BUFFWOOD LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 270175280 | RESIDENTIAL RENTAL | MN | $612,107 | $3,082,262 | SW MN HOUSING PARTNERSHIP |
| SWMHP CENTENNIAL APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 465363838 | RESIDENTIAL RENTAL | MN | $542,415 | $1,675,393 | SW MN HOUSING PARTNERSHIP |
| SWMHP NIMENS ESPEGARD APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 463713664 | RESIDENTIAL RENTAL | MN | $755,452 | $4,935,892 | SW MN HOUSING PARTNERSHIP |
| SWMHP HOMESTEAD APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 825223816 | RESIDENTIAL RENTAL | MN | $1,052,786 | $6,471,300 | SW MN HOUSING PARTNERSHIP |
| SPRINGFIELD APARTMENTS LTD PARTNERSHIP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411472261 | RESIDENTIAL RENTAL | MN | $109,788 | $607,838 | SW MN HOUSING PARTNERSHIP |
| TRIMONT HOUSING INVESTORS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 201360735 | RESIDENTIAL RENTAL | MN | $126,522 | $301,323 | SW MN HOUSING PARTNERSHIP |
| WELCOME HOUSING INVESTORS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 201361425 | RESIDENTIAL RENTAL | MN | $114,621 | $205,445 | SW MN HOUSING PARTNERSHIP |
| SWMHP PARK ROW CROSSING LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 461947777 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP SOLACE APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 821853237 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP MAPLEWOOD OF ST PETER LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 473093245 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP NOBLES SQUARE APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 454300033 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP BRADLEY SQUARE APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 462695938 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $5,113 | $5,104 | SW MN HOUSING PARTNERSHIP |
| SWMHP LAKEWOOD APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 460637448 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $5,023 | $5,012 | SW MN HOUSING PARTNERSHIP |
| SWMHP STREET E TOWNHOMES LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 464810049 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP GRAND TERRACE APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 611738427 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP LP LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 611696083 | RESIDENTIAL RENTAL | MN | $35,579 | $123,169 | SW MN HOUSING PARTNERSHIP |
| SWMHP RD PROPERTIES 2017 LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 823406817 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| SWMHP TRAILSIDE ACRES LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 821802420 | RESIDENTIAL RENTAL - HOLDING COMPANY | MN | $0 | $0 | SW MN HOUSING PARTNERSHIP |
| PARTNERSHIP DESIGN LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 831834790 | SUPPORTING MODEST SCALE AND LIMITED SCOPE MULTIFAMILY RENOVATIONS | MN | $10,800 | $8,525 | SW MN HOUSING PARTNERSHIP |
| SWMHP HANSON APARTMENTS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 824411212 | RESIDENTIAL RENTAL | MN | $549,708 | $5,816,911 | SW MN HOUSING PARTNERSHIP |
| TANGLEWOOD ESTATE LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411823082 | RESIDENTIAL RENTAL | MN | $222,524 | $695,711 | SW MN HOUSING PARTNERSHIP |
| PIPESTONE FAMILY HOUSING LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411980471 | RESIDENTIAL RENTAL | MN | $176,664 | $505,313 | SW MN HOUSING PARTNERSHIP |
| PRAIRIE VIEW LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411823081 | RESIDENTIAL RENTAL | MN | $234,512 | $443,111 | SW MN HOUSING PARTNERSHIP |
| LUVERNE FAMILY HOUSING LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411855330 | RESIDENTIAL RENTAL | MN | $222,962 | $485,033 | SW MN HOUSING PARTNERSHIP |
| RIVER RIDGE WINDOM LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411924492 | RESIDENTIAL RENTAL | MN | $520,673 | $770,117 | SW MN HOUSING PARTNERSHIP |
| PARIS PARK LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 753024145 | RESIDENTIAL RENTAL | MN | $292,023 | $934,940 | SW MN HOUSING PARTNERSHIP |
| MANKATO CHERRY RIDGE APARTMENTS LP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 320186953 | RESIDENTIAL RENTAL | MN | $859,640 | $6,064,891 | SW MN HOUSING PARTNERSHIP |
| SWMHP ROYAL MANOR II LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 861624501 | RESIDENTIAL RENTAL | MN | $22,769 | $1,511,049 | SW MN HOUSING PARTNERSHIP |
| CHOKIO HOUSING INVESTORS LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 201360680 | RESIDENTIAL RENTAL | MN | $189,261 | $447,222 | SW MN HOUSING PARTNERSHIP |
| D & G APARTMENTS LLP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 416170726 | RESIDENTIAL RENTAL | MN | $71,136 | $316,002 | SW MN HOUSING PARTNERSHIP |
| D & G APARTMENTS II LLP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411372653 | RESIDENTIAL RENTAL | MN | $79,796 | $326,714 | SW MN HOUSING PARTNERSHIP |
| SWMHP THREE CITIES LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 874779788 | RESIDENTIAL RENTAL | MN | $863,160 | $3,809,550 | SW MN HOUSING PARTNERSHIP |
| SWMHP CONSOLIDATED LLC | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 832324181 | RESIDENTIAL RENTAL | MN | $16,345 | $89,454 | SW MN HOUSING PARTNERSHIP |
| VIKING TERRACE APARTMENTS LIMITED PARTNERSHIP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 202772402 | RESIDENTIAL RENTAL | MN | $528,408 | $2,047,167 | SW MN HOUSING PARTNERSHIP |
| WESTWIND ESTATES TOWNHOMES LIMITED PARTNERSHIP | |||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 263077684 | RESIDENTIAL RENTAL | MN | $267,747 | $2,887,039 | SW MN HOUSING PARTNERSHIP |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NICOLLET MEADOWS HOUSING GROUP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 BROADWAY AVENUE | AddressLine1Txt |
| City | SLAYTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412019031 | EIN |
| Primary Activities | RESIDENTIAL RENTAL | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWEST MINNESOTA HOUSING PARTNERSHIP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10TH STREET TOWNHOMES LLLP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 461503289 | RENTAL | MN | N/A | RELATED | -$15 | $1,354,141 | 0 | Yes (1) | 0.00010 | |
| GRAND TERRACE APARTMENTS LIMITED PARTNERSHIP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 352507792 | RENTAL | MN | N/A | RELATED | -$18 | $157,985 | 0 | Yes (1) | 0.00010 | |
| MAPLEWOOD OF ST PETER LIMITED PARTNERSHIP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 320458844 | RENTAL | MN | N/A | RELATED | -$6 | $35,308 | 0 | Yes (1) | 0.00010 | |
| NEW CASTLE TOWNHOMES LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 271227549 | RENTAL | MN | N/A | RELATED | -$9 | $362,080 | 0 | Yes (1) | 0.00010 | |
| NOBLES SQUARE APARTMENTS LIMITED PARTNERSHIP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 454339268 | RENTAL | MN | N/A | RELATED | -$5 | $496,010 | 0 | Yes (1) | 0.00010 | |
| PARK ROW CROSSING LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 611704545 | RENTAL | MN | N/A | RELATED | -$7 | $540,935 | 0 | Yes (1) | 0.00010 | |
| RD PROPERTIES 2017 LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 823414288 | RENTAL | MN | N/A | RELATED | -$133 | $1,685,945 | 0 | Yes (1) | 0.00010 | |
| ROCK MANOR LP (STONE CREEK TOWNHOMES) | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411443134 | RENTAL | MN | N/A | RELATED | $6,244 | $982,628 | 0 | Yes (1) | 0.55800 | |
| SIBLEY PARKWAY APARTMENTS LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 274542357 | RENTAL | MN | N/A | RELATED | -$15 | $588,147 | 0 | Yes (1) | 0.00010 | |
| SOLACE APARTMENTS LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 821876688 | RENTAL | MN | N/A | RELATED | -$14 | $91,269 | 0 | Yes (1) | 0.00010 | |
| SOUTH PARK MANOR LP (CROSSROADS TOWNHOMES) | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 411395722 | RENTAL | MN | N/A | RELATED | $20,385 | $1,677,611 | 0 | Yes (1) | 0.68500 | |
| SPRINGSTONE LLC | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 270310144 | RENTAL | MN | RELATED | -$54,669 | $3,072,694 | 0 | Yes (1) | 0.80000 | SOUTHWEST MN HOUSING PTSHP | |
| STREET E TOWNHOMES LIMITED PARTNERSHIP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 352504439 | RENTAL | MN | N/A | RELATED | -$12 | $777,425 | 0 | Yes (1) | 0.00010 | |
| TRAILSIDE ACRES LP | ||||||||||||||
| 2401 BROADWAY AVENUE | SLAYTON | MN | 56172 | 821812326 | RENTAL | MN | N/A | RELATED | -$4 | $260,767 | 0 | Yes (1) | 0.00010 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWEST BUILDING SPECIALISTS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 BROADWAY AVENUE | AddressLine1Txt |
| City | SLAYTON | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203280023 | EIN |
| Primary Activities | GENERAL CONTRACTOR | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWEST MINNESOTA HOUSING PARTNERSHIP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$38,731 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $154,142 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (32 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| SOUTHWEST BUILDING SPECIALISTS INC | ||
| A | $3,000 | CY ACTIVITY |
| SOUTHWEST BUILDING SPECIALISTS INC | ||
| O | $100,516 | CY ACTIVITY |
| NICOLLET MEADOWS HOUSING GROUP | ||
| A | $300 | CY ACTIVITY |
| NICOLLET MEADOWS HOUSING GROUP | ||
| D | $579,095 | YE BAL PLUS CY ACTIVITY |
| SPRINGSTONE LLC | ||
| D | $358,005 | YE BALANCE |
| SOUTH PARK MANOR LP | ||
| D | $366,614 | YE BAL PLUS CY ACTIVITY |
| SOUTH PARK MANOR LP | ||
| E | $168,105 | YE BALANCE |
| STREET E TOWNHOMES LP | ||
| A | $64,015 | CY ACTIVITY |
| STREET E TOWNHOMES LP | ||
| D | $1,360,876 | YE BAL PLUS CY ACTIVITY |
| ROCK MANOR LP | ||
| A | $1,694 | CY ACTIVITY |
| ROCK MANOR LP | ||
| D | $312,472 | YE BAL PLUS CY ACTIVITY |
| ROCK MANOR LP | ||
| E | $199,574 | YE BALANCE |
| SIBLEY PARKWAY APARTMENTS LP | ||
| A | $51,585 | CY ACTIVITY |
| SIBLEY PARKWAY APARTMENTS LP | ||
| D | $1,168,360 | YE BAL PLUS CY ACTIVITY |
| TRAILSIDE ACRES LP | ||
| D | $504,151 | YE BAL PLUS CY ACTIVITY |
| PARK ROW CROSSING LP | ||
| A | $12,837 | CY ACTIVITY |
| PARK ROW CROSSING LP | ||
| D | $413,337 | YE BAL PLUS CY ACTIVITY |
| SOLACE APARTMENTS LP | ||
| A | $1,550 | CY ACTIVITY |
| SOLACE APARTMENTS LP | ||
| D | $299,306 | YE BAL PLUS CY ACTIVITY |
| SOLACE APARTMENTS LP | ||
| E | $133,705 | YE BAL PLUS CY ACTIVITY |
| SOLACE APARTMENTS LP | ||
| L | $194,450 | CY ACTIVITY |
| GRAND TERRACE APARTMENTS LP | ||
| A | $3,878 | CY ACTIVITY |
| GRAND TERRACE APARTMENTS LP | ||
| D | $277,135 | YE BAL PLUS CY ACTIVITY |
| NEW CASTLE TOWNHOMES LP | ||
| A | $18,297 | CY ACTIVITY |
| NEW CASTLE TOWNHOMES LP | ||
| D | $272,649 | YE BAL PLUS CY ACTIVITY |
| NOBLES SQUARE APARTMENTS LP | ||
| A | $38,211 | CY ACTIVITY |
| NOBLES SQUARE APARTMENTS LP | ||
| D | $525,912 | YE BAL PLUS CY ACTIVITY |
| 10TH STREET TOWNHOMES LLLP | ||
| A | $47,086 | CY ACTIVITY |
| 10TH STREET TOWNHOMES LLLP | ||
| D | $1,359,722 | YE BAL PLUS CY ACTIVITY |
| RD PROPERTIES 2017 LP | ||
| A | $25,298 | CY ACTIVITY |
| RD PROPERTIES 2017 LP | ||
| D | $2,449,425 | YE BAL PLUS CY ACTIVITY |
| RD PROPERTIES 2017 LP | ||
| L | $722,571 | CY ACTIVITY |
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