COMMONBOND COMMUNITIES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
COMMONBOND COMMUNITIES (EIN 41-1260469)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-14
IRS object ID
202231659349301668
Schema version
2021v4.2
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)
Return2022-06-14T14:08:55-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411647057PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAHONEYULBRICHCHRISTIANSEN & RUSS PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 RIVER PARK PLAZA SUITE 800AddressLine1Txt
CitySAINT PAULCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55107ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411260469EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMONBOND COMMUNITIESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOMMBusinessNameControlTxt
Phone6512911750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11080 MONTREAL AVENUEAddressLine1Txt
CityST PAULCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55116ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANGELA RILEYPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone6512911750PhoneNum
Signature2022-06-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANGELAPersonFirstNm
Person LastRILEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS JOHNSONPreparerPersonNm
PTINP01285389PTIN
Phone6512276695PhoneNum
Preparation2022-06-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANGELA RILEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11080 MONTREAL AVENUEAddressLine1Txt
CityST PAULCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55116ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,132,790GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.COMMONBOND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionCOMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee164TotalEmployeeCnt
Total Volunteers231TotalVolunteersCnt
Total Gross UBI$32,880TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,954,870PYContributionsGrantsAmt
CY Contributions Grants$12,027,876CYContributionsGrantsAmt
PY Program Service Revenue$16,201,223PYProgramServiceRevenueAmt
CY Program Service Revenue$16,039,812CYProgramServiceRevenueAmt
PY Investment Income$184,509PYInvestmentIncomeAmt
CY Investment Income$65,102CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$26,340,602PYTotalRevenueAmt
CY Total Revenue$28,132,790CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,994,786PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,489,427CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,586,904CYTotalFundraisingExpenseAmt
PY Other Expenses$14,100,222PYOtherExpensesAmt
CY Other Expenses$13,916,884CYOtherExpensesAmt
PY Total Expenses$22,095,008PYTotalExpensesAmt
CY Total Expenses$22,406,311CYTotalExpensesAmt
PY Revenues Less Expenses$4,245,594PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,726,479CYRevenuesLessExpensesAmt
Total Assets BOY$172,606,742TotalAssetsBOYAmt
Total Assets EOY$162,416,723TotalAssetsEOYAmt
Total Liabilities BOY$96,083,681TotalLiabilitiesBOYAmt
Total Liabilities EOY$74,737,093TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$76,523,061NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$87,679,630NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCOMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES. AS THE LARGEST NONPROFIT PROVIDER OF AFFORDABLE HOMES IN THE UPPER MIDWEST, COMMONBOND HAS BEEN BUILDING AND SUSTAINING HOMES WITH SERVICES TO FAMILIES, SENIORS, AND INDIVIDUALS WITH DISABILITIES SINCE 1971. COMMONBOND COMBINES AFFORDABLE HOUSING WITH ADVANTAGE SERVICES WITH THE GOAL OF HELPING ACHIEVE STABILITY, ADVANCEMENT, AND INDEPENDENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,075,536ExpenseAmt
Revenue$2,169,670RevenueAmt
DescADVANTAGE SERVICES: COMMONBOND IS DEDICATED TO PROVIDING SAFE, AFFORDABLE HOUSING FOR COMMUNITY MEMBERS IN NEED. HOWEVER, AS IMPORTANT AS SAFE HOUSING IS FOR RESIDENTS, COMMONBOND'S COMMUNITIES ARE MORE THAN SHELTER -- THEY ARE PLACES FOR RESIDENTS TO GAIN STABILITY AND BUILD COMMUNITY. ON-SITE ADVANTAGE CENTERS OFFER PROGRAMS TO ADDRESS RESIDENT NEEDS, WITH THE OVERALL GOAL OF KEEPING RESIDENTS STABLY HOUSED. TRANSPORTATION AND FINANCIAL BARRIERS ARE ELIMINATED AS THESE SERVICES ARE OFFERED FREE OF CHARGE. SEE SCHEDULE O FOR MORE INFO ON ADVANTAGE SERVICES' ACCOMPLISHMENTS.ADVANTAGE SERVICES ARE FOCUSED ON THE AREAS OF: STABILITY AND INDEPENDENCE; EDUCATION AND ADVANCEMENT; HEALTH AND WELLNESS; AND COMMUNITY BUILDING AND ENGAGEMENT.STABILITY AND INDEPENDENCE: STAFF PROVIDE SUPPORT TO HELP RESIDENTS MAINTAIN HOUSING, INCLUDING WORKING WITH PROPERTY MANAGEMENT IF RENT WILL BE LATE, ACCESSING EMERGENCY OR UTILITY RENTAL ASSISTANCE, AND OTHER ASSISTANCE TO PREVENT EVICTION. EDUCATION AND ADVANCEMENT: STAFF WORK WITH ADULTS TO HELP THEM MAINTAIN STABLE HOUSING AND ACHIEVE THEIR ECONOMIC GOALS THROUGH: ON-SITE EMPLOYMENT SERVICES; FINANCIAL COACHING AND COUNSELING; AND MAXIMIZING INCOME SUPPORT. DURING 2021, THE PROGRAM ASSISTED WITH ADULT JOB PLACEMENTS, AND CLOSE TO 60% RETAINED EMPLOYMENT FOR MORE THAN ONE YEAR. ADDITIONALLY, CHILDREN AND YOUTH HAVE ACCESS TO ACADEMIC MENTORING THROUGH STUDY BUDDIES, HOMEWORK CENTERS, AND ENRICHMENT/LEADERSHIP PROGRAMS. DURING 2021, OVER 95% OF YOUTH WHO PARTICIPATED IN STUDY BUDDIES IMPROVED THEIR READING LEVEL. IN ADDITION, OVER 90% OF TEENS WHO PARTICIPATED IN ENRICHMENT AND LEADERSHIP PROGRAMMING ENGAGED IN FUTURE PLANNING.HEALTH AND WELLNESS: SENIORS AND RESIDENTS WITH DISABILITIES BENEFIT FROM EVIDENCE-BASED HEALTH AND WELLNESS PROMOTION PROGRAMS THAT WERE OFFERED. THE GOAL IS TO KEEP RESIDENTS ACTIVE AND IN THEIR OWN HOMES. DURING 2021, OVER 70% OF SENIORS AND RESIDENTS WITH DISABILITIES WHO PARTICIPATED IN THE EVIDENCE-BASED EXERCISE PROGRAMS MAINTAINED OR IMPROVED THEIR STRENGTH AND COORDINATION.COMMUNITY BUILDING AND ENGAGEMENT: WE PROVIDE OPPORTUNITIES FOR COMMUNITY BUILDING, INCLUDING RESIDENT ASSOCIATIONS, COMMUNITY GARDENS, AND INTERGENERATIONAL EVENTS. THE GOAL IS TO EMPOWER RESIDENTS TO DEVELOP ACTIVITIES THAT ARE MEANINGFUL IN THEIR OWN COMMUNITIES, BOTH WITHIN HOUSING AND WITH SURROUNDING NEIGHBORS. DURING 2021, OVER 2,000 RESIDENTS PARTICIPATED IN COVID-SAFE COMMUNITY BUILDING ACTIVITIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$13,654,789ExpenseAmt
Revenue$13,837,262RevenueAmt
DescHOUSING DEVELOPMENT, PROPERTY MANAGEMENT AND ASSET MANAGEMENT: SINCE 1971, COMMONBOND COMMUNITIES HAS BEEN PROVIDING HOMES AND HOPE FOR THOSE MOST IN NEED IN OUR COMMUNITY. AS A PREMIER NONPROFIT DEVELOPER AND MANAGER OF AFFORDABLE HOUSING, COMMONBOND IS BEST POSITIONED TO ADDRESS THE CRITICAL NEED FOR MORE AFFORDABLE HOUSING IN OUR REGION. IN ORDER TO ACHIEVE ITS GOAL OF SERVING 15,000 PER YEAR BY 2025, COMMONBOND HAS BEEN AGGRESSIVELY GROWING ITS REAL ESTATE PIPELINE, DEVELOPING FINANCING TOOLS INTERNALLY AND WITH STAKEHOLDERS, AND EVALUATING ITS EXISTING PORTFOLIO FOR UPCOMING NEEDS. SEE SCHEDULE O FOR MORE INFO ON HOUSING DEVELOPMENT, PROPERTY MANAGEMENT, AND ASSET MANAGEMENT'S ACCOMPLISHMENTS.DURING 2021, COMMONBOND OWNED AND MANAGED MORE THAN 7,000 UNITS OF AFFORDABLE HOUSING THAT PROVIDED NEARLY 12,000 PEOPLE (FAMILIES, SENIORS, VETERANS, AND PEOPLE WITH DISABILITIES AND OTHER BARRIERS) A PLACE TO CALL HOME. NEARLY 4,000 OF THESE INDIVIDUALS WERE CHILDREN.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$336,880ExpenseAmt
DescCOMMUNITY ENGAGEMENT: INTEGRAL TO OUR WORK ARE THE RELATIONSHIPS THAT ARE FORMED TO BENEFIT OUR RESIDENT COMMUNITY AND OUR HOUSING COMMUNITIES IN GENERAL. COMMUNITY MEMBERS WORK HAND-IN-HAND WITH STAFF AND RESIDENTS AT OUR HOUSING COMMUNITIES. HUNDREDS OF RESIDENTS, CRITICAL SERVICE PROVIDERS, LOCAL BUSINESS OWNERS, MUNICIPALITIES, COMMUNITY GROUPS, FAITH COMMUNITIES, AND OTHER NEIGHBORHOOD ORGANIZATIONS SERVE ON BOARDS AND COMMITTEES TO HELP FOSTER UNDERSTANDING AND SUPPORT THE HOUSING COMMUNITIES AND THE PEOPLE WHO LIVE THERE. THIS MODEL PROMOTES RESIDENT LEADERSHIP AND HELPS BREAK DOWN BARRIERS THAT SOMETIMES ARISE BETWEEN AN AFFORDABLE HOUSING SITE AND ITS SURROUNDING NEIGHBORHOOD.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$20,067,205TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document41IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee164EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldIAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANGELA RILEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6512911750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11080 MONTREAL AVENUEAddressLine1Txt
CityST PAULCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55116ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DEIDRE SCHMIDT
PRESIDENT & CEO40.00Yes (X)Yes (X)$282,058$0$20,233
TOM JOYCE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CINDY KOCH
TREASURER1.00Yes (X)Yes (X)$0$0$0
RICHARD WICKA
CHAIR1.00Yes (X)Yes (X)$0$0$0
SEAN RICE
DIRECTOR1.00Yes (X)$0$0$0
MATT SCHRINER
DIRECTOR1.00Yes (X)$0$0$0
EDWARD GOETZ
DIRECTOR1.00Yes (X)$0$0$0
JAMAL ADAM
DIRECTOR1.00Yes (X)$0$0$0
WADE C LAU
DIRECTOR1.00Yes (X)$0$0$0
TASHA ALEXANDER
DIRECTOR1.00Yes (X)$0$0$0
EVA STEVENS
DIRECTOR1.00Yes (X)$0$0$0
NICOLE BROOKSHIRE
DIRECTOR1.00Yes (X)$0$0$0
ADAM BERNIER
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
R PARTICIA TRISH KELLY
DIRECTOR1.00Yes (X)$0$0$0
MEGAN REMARK
DIRECTOR1.00Yes (X)$0$0$0
TAYLOR SMRIKAROVA
DIRECTOR1.00Yes (X)$0$0$0
SITA MORANTZ
DIRECTOR1.00Yes (X)$0$0$0
VALERIE SPENCER
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER THAO
DIRECTOR1.00Yes (X)$0$0$0
ANGELA RILEY
CFO & VP-ADMIN1.00Yes (X)$0$186,606$13,09840.00
CECILE BEDOR
EXECUTIVE VP OF REAL ESTATE1.00$0$172,106$18,13840.00Yes (X)
DEREK MADSEN
EXECUTIVE VP OF RESOURCE DEVELOPMENT40.00$163,493$0$21,781Yes (X)
THOMAS ADAMS
EXECUTIVE VP OF HOUSING SERVICE1.00$0$185,578$18,26440.00Yes (X)
KAREN LAW
EXECUTIVE VP OF TALENT EQUITY AND CULTURE1.00$0$150,047$18,35240.00Yes (X)
MICHELE MYERS
DIRECTOR OF PROPERTY MANAGEMENT OPERATIONS1.00$0$141,719$5,54140.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$445,551TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$836,056TotReportableCompRltdOrgAmt
Total Other Compensation$115,407TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$886,524FundraisingAmt
Government Grants$5,915,370GovernmentGrantsAmt
All Other Contributions$5,225,982AllOtherContributionsAmt
Noncash Contributions$107,561NoncashContributionsAmt
Total Contributions$12,027,876TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
RENTAL REVENUES531110$8,149,893$8,117,013$32,880
DEVELOPMENT FEES531310$3,920,502$3,920,502
ADVANTAGE SERVICE FEES531110$2,169,670$2,169,670
MISCELLANEOUS REVENUE900099$833,162$833,162
OTHER SERVICE FEES531110$549,257$549,257

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$417,328TotalRevenueColumnAmt
Related Or Exempt Func Income$417,328RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$16,039,812TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,102TotalRevenueColumnAmt
Exclusion$65,102ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$886,524ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,132,790TotalRevenueColumnAmt
Related Or Exempt Func Income$16,006,932RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$32,880UnrelatedBusinessRevenueAmt
Exclusion$65,102ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$487,565TotalAmt
Program Services$230,131ProgramServicesAmt
Management And General$24,378ManagementAndGeneralAmt
Fundraising$233,056FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,706,836TotalAmt
Program Services$5,664,431ProgramServicesAmt
Management And General$281,867ManagementAndGeneralAmt
Fundraising$760,538FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$722,834TotalAmt
Program Services$609,970ProgramServicesAmt
Management And General$15,494ManagementAndGeneralAmt
Fundraising$97,370FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$572,192TotalAmt
Program Services$470,258ProgramServicesAmt
Management And General$24,332ManagementAndGeneralAmt
Fundraising$77,602FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,145,669TotalAmt
Program Services$996,915ProgramServicesAmt
Management And General$81,446ManagementAndGeneralAmt
Fundraising$67,308FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$576,695TotalAmt
Program Services$444,153ProgramServicesAmt
Management And General$58,934ManagementAndGeneralAmt
Fundraising$73,608FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$192,662TotalAmt
Program Services$192,662ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$70,912TotalAmt
Program Services$58,174ProgramServicesAmt
Management And General$2,327ManagementAndGeneralAmt
Fundraising$10,411FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$41,579TotalAmt
Program Services$34,078ProgramServicesAmt
Management And General$1,281ManagementAndGeneralAmt
Fundraising$6,220FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,419,619TotalAmt
Program Services$2,310,494ProgramServicesAmt
Management And General$15,897ManagementAndGeneralAmt
Fundraising$93,228FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,278,905TotalAmt
Program Services$2,116,750ProgramServicesAmt
Management And General$162,155ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$405,035TotalAmt
Program Services$375,535ProgramServicesAmt
Management And General$29,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OPERATING AND MAINTENAN$2,100,230$2,043,791$19,029$37,410
PROPERTY ADMINISTRATIVE$1,044,046$1,044,046
BAD DEBT (RECOVERIES)$984,196$976,194$8,002
REAL ESTATE TAXES$744,540$744,540

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,912,796TotalAmt
Program Services$1,755,083ProgramServicesAmt
Management And General$35,562ManagementAndGeneralAmt
Fundraising$122,151FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$22,406,311TotalAmt
Program Services$20,067,205ProgramServicesAmt
Management And General$752,202ManagementAndGeneralAmt
Fundraising$1,586,904FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,690,615BOYAmt
EOY$21,575,063EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,755,031BOYAmt
EOY$900,488EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,313,688BOYAmt
EOY$5,062,157EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$275,818BOYAmt
EOY$281,168EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$71,458,425LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,278,793LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$77,857,320BOYAmt
EOY$57,179,632EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$66,714,270BOYAmt
EOY$77,418,215EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$172,606,742BOYAmt
EOY$162,416,723EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,834,623BOYAmt
EOY$3,329,357EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,855,306BOYAmt
EOY$9,660,915EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$65,896,934BOYAmt
EOY$48,832,649EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$12,196,485BOYAmt
EOY$12,713,605EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$300,333BOYAmt
EOY$200,567EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$96,083,681BOYAmt
EOY$74,737,093EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$58,243,995BOYAmt
EOY$70,774,222EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,279,066BOYAmt
EOY$16,905,408EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$76,523,061BOYAmt
EOY$87,679,630EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$172,606,742BOYAmt
EOY$162,416,723EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$5,726,479ReconcilationRevenueExpnssAmt
Prior Period Adjustments$1,900,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$3,530,090OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,613,436CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,087,509CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,586,840CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,954,870CurrentTaxYearMinus1YearAmt
Current Tax Year$12,027,876CurrentTaxYearAmt
Total$42,270,531TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,613,436CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,087,509CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,586,840CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,954,870CurrentTaxYearMinus1YearAmt
Current Tax Year$12,027,876CurrentTaxYearAmt
Total$42,270,531TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,452,492SubstantialContributorsTotAmt
Public Support Total170$40,818,039PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$793,602CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$791,044CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$767,450CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$632,498CurrentTaxYearMinus1YearAmt
Current Tax Year$546,871CurrentTaxYearAmt
Total$3,531,465TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$711CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$669,557CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$21,974CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$30,597CurrentTaxYearMinus1YearAmt
Current Tax Year-$74,441CurrentTaxYearAmt
Total$541,834TotalAmt
FieldValueIRS element (for citing)
Total Support$46,343,830TotalSupportAmt
Gross Receipts Rltd Activities$71,302,239GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88080PublicSupportCY170Pct
Public Support PY1700.88010PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,013,492OtherCostOrOtherBasisAmt
Book Value$10,013,492BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,144,560OtherCostOrOtherBasisAmt
Depreciation$13,069,631DepreciationAmt
Book Value$44,074,929BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,459,074OtherCostOrOtherBasisAmt
Depreciation$951,511DepreciationAmt
Book Value$507,563BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,841,299OtherCostOrOtherBasisAmt
Depreciation$257,651DepreciationAmt
Book Value$2,583,648BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$57,179,632TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN SUBSIDIARIES$16,427,629C
EQUITY IN PARTNERSHIPS$14,058,509C
HOUSING COMMUNITIES AND PARTNERSHIPS LOANS$35,777,856C
INTEREST RECEIVABLE HOUSING COMMUNITIES$549,356C
RESTRICTED RESERVES-LT$1,716,371C
CASH RESTRICTED FOR LONG-TERM PURPOSES$6,471,769C
PREDEVELOPMENT COSTS$2,396,725C
OTHER ASSETS$20,000C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$77,418,215TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITSDesc
Amt$200,567Amt
FieldValueIRS element (for citing)
Total Liability$200,567TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationCOMMONBOND COMMUNITIES IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO IT EXEMPT PURPOSE. MANAGEMENT BELIEVES COMMONBOND COMMUNITIES DID NOT HAVE ANY UNRELATED BUSINESS INCOME EXCEPT FOR COMMERCIAL RENT INCOME. MANAGEMENT BELIEVES COMMONBOND COMMUNITIES DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. DISREGARDED ENTITIES OF COMMONBOND COMMUNITIES ARE NOT TAXABLE ENTITIES. INCOME OR LOSSES ARE PASSED THROUGH TO COMMONBOND COMMUNITIES. ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX POSITIONS ARE REPORTED AS SUCH WITHIN THE GENERAL AND ADMINISTRATIVE EXPENSES CATEGORY ON THE STATEMENT OF ACTIVITIES. THERE WERE NO SUCH INTEREST OR PENALTIES RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BIRDIES FOR HOPEEvent1Nm
Gross Receipts Event1$131,282GrossReceiptsEvent1Amt
Charitable Contri Event1$131,282CharitableContriEvent1Amt
Event2GRAND GALAEvent2Nm
Gross Receipts Event2$755,242GrossReceiptsEvent2Amt
Charitable Contri Event2$755,242CharitableContriEvent2Amt
Gross Receipts Total$886,524GrossReceiptsTotalAmt
Charitable Contributions Tot$886,524CharitableContributionsTotAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DEIDRE SCHMIDT
PRESIDENT & CEO$281,058$0$1,000$0$0$0$8,539$0$11,694$0$302,291$0$0$0
THOMAS ADAMS
EXECUTIVE VP OF HOUSING SERVICE$0$185,578$0$0$0$0$0$7,156$0$11,108$0$203,842$0$0
ANGELA RILEY
CFO & VP-ADMIN$0$186,606$0$0$0$0$0$4,865$0$8,233$0$199,704$0$0
CECILE BEDOR
EXECUTIVE VP OF REAL ESTATE$0$172,106$0$0$0$0$0$6,607$0$11,531$0$190,244$0$0
DEREK MADSEN
EXECUTIVE VP OF RESOURCE DEVELOPMENT$162,493$0$1,000$0$0$0$6,369$0$15,412$0$185,274$0$0$0
KAREN LAW
EXECUTIVE VP OF TALENT EQUITY AND CU$0$150,047$0$0$0$0$0$5,697$0$12,655$0$168,399$0$0

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$107,561NoncashContributionsRptF990Amt
Method Of Determining RevenuesDONOR PROVIDEDMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 32B:FormAndLineReferenceDesc
ExplanationTHE PRINCIPAL GROUP SELLS ANY STOCK GIFTS RECEIVED BY COMMONBOND COMMUNITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS REVIEWED BY THE CFO AND CONTROLLER, THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL, THEN SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CANY DIRECTOR, OFFICER, MEMBER OF A COMMITTEE OR INDIVIDUAL WITH BOARD-DELEGATED POWERS (INTERESTED PERSON) WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS ASKED, ON AN ANNUAL BASIS, TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST IN WRITING TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS. THE BOARD OR COMMITTEE MEMBERS DECIDE BY MAJORITY VOTE IF A CONFLICT OF INTEREST EXISTS. IF IT DOES EXIST, OR IF THEY HAVE REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER OR MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL FOLLOW THE PROCEDURES DESCRIBED IN THE CONFLICT OF INTEREST POLICY. THIS MAY INCLUDE PROVIDING THE DIRECTOR, OFFICER OR MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEDGED FAILURE TO DISCLOSE, DECIDING IF FURTHER INVESTIGATION MAY BE WARRANTED OR TAKING APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WITH DISCLOSURE RECORDED IN THE BOARD MINUTES. A BOARD MEMBER WITH A CONFLICT OF INTEREST DOES NOT PARTICIPATE IN DISCUSSIONS OR VOTING CONCERNING THE TRANSACTION IN QUESTION.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE, USING A COMPENSATION ANALYSIS AND VARIOUS PERFORMANCE REPORTS FOR MEASUREMENT AND COMPARISON. THE COMPENSATION OF THE EXECUTIVE LEADERSHIP TEAM IS ALSO REVIEWED BY THE EXECUTIVE COMMITTEE. THE LAST YEAR IN WHICH THIS PROCESS INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATIONS WAS 2019.
FORM 990, PART VI, SECTION C, LINE 19COMMONBOND COMMUNITIES' FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:TRANSFER FROM COMMONBOND ENDOWMENT 469,992. TRANSFER PROPERTY TO LIMITED PARTNERSHIP 3,060,098.
FORM 990, PAGE 12, PART XII, LINE 2CTHIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, PAGE 12, PART XI, LINE 8ON DECEMBER 31, 2020 VERDECO LLC DONATED A 50% GENERAL PARTNER INTEREST IN OAKDALE-GRANADA LAKES LLC TO COMMONBOND COMMUNITIES. THE GENERAL PARTNER INTEREST WAS DONATED AT ITS FAIR MARKET VALUE OF $2,100,000 (APPRAISED VALUE) LESS $200,000 CASH PAYMENT. THE NET RESULT WAS AN IN-KIND DONATION OF $1,900,000 WHICH WAS NOT RECORDED IN THE 2020 990. THIS HAS BEEN INCLUDED AS A PRIOR PERIOD ADJUSTMENT IN THE 2021 990.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (49 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtDirect Controlling NADirectControllingNACd
URBAN VIEW 2 LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$68,242$199,908N/A
COMMONBOND ACQUSITION LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$13$220,001N/A
CB SUNRISE MANOR LLC
1080 MONTREAL AVENUESAINT PAULMN55116474181142AFFORDABLE HOUSINGMN$314,315$2,570,502N/A
CBC RIVER MILL LLC
1080 MONTREAL AVENUESAINT PAULMN55116364646134AFFORDABLE HOUSINGMN$592,007$5,598,695N/A
WHITTIER COMMUNITY LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGWI$655,655$4,053,833N/A
SLP ACQUISITION LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$896,168$2,484,797N/A
CB KOHL ACQUISITION LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0-$6,301N/A
CBC PROPERTIES LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGCO$0$0N/A
COMMONBOND OFFICE LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$651,456$1,242,124N/A
STEWART PARK TOWNHOMES LLLP
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGIA$73,116$988,248N/A
KINGSLEY HOUSING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB BOULDER RIDGE LLC
1080 MONTREAL AVENUESAINT PAULMN55116812186652AFFORDABLE HOUSINGMN$2,024,905$15,176,614N/A
COMMONBOND HOUSING OPPORTUNITY FUND LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$3,129$3,463,804N/A
COMMONBOND WISCONSIN LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGWI$44,298-$381,033N/A
CB PRG PORTFOLIO I LLC
1080 MONTREAL AVENUESAINT PAULMN55116474284228AFFORDABLE HOUSINGMN$0$0N/A
CB PRG PORTFOLIO II LLC
1080 MONTREAL AVENUESAINT PAULMN55116474290471AFFORDABLE HOUSINGMN$0$0N/A
BLOOMSBURY VILLAGE GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116463035559AFFORDABLE HOUSINGMN$0$0N/A
CB CONCORDIA LLC
1080 MONTREAL AVENUESAINT PAULMN55116462109917AFFORDABLE HOUSINGMN$0$0N/A
CB WEST BROADWAY LLC
1080 MONTREAL AVENUESAINT PAULMN55116462679647AFFORDABLE HOUSINGMN$0$0N/A
ROCHESTER SENIOR HOUSING GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116900991764AFFORDABLE HOUSINGMN$0$0N/A
CB FLORIST GARDENS MM LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
BREWERY POINT APARTMENTS MM LLC
1080 MONTREAL AVENUESAINT PAULMN55116364713902AFFORDABLE HOUSINGMN$0$0N/A
HISTORIC TALLCORN TOWERS GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116460709705AFFORDABLE HOUSINGMN$0$0N/A
CB RAMSEY HOUSING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB RAINBOW PLAZA LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$1,224,464$9,493,984N/A
CB WHITNEY HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
COMMERCE RETAIL LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$27,432$431,569N/A
CB GALWAY PLACE HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$688$0N/A
CB COMMUNITY PLAZA DEVELOPMENT LLC
1080 MONTREAL AVENUESAINT PAULMN55116820606695AFFORDABLE HOUSINGMN$1,020$169,730N/A
CB MANKATO HOUSING LLC
1080 MONTREAL AVENUESAINT PAULMN55116472483534AFFORDABLE HOUSINGMN$0$0N/A
CB LM HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB GUARDIAN ANGELS HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB HASTINGS TRANSITIONAL HOUSING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$11,733$99,795N/A
CB STONEHOUSE HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$935,189$0N/A
CB WILDER SQUARE LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$269,775$0N/A
CB MEADOW VILLAGE HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB TREE LANE SENIOR GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB SHAKOPEE HOUSING GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB MANKATO HOUSING II GP LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB WILLOW WOOD ESTATES HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$782,654$7,751,077N/A
CB LSM I LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$360,347$2,812,243N/A
CB LSM II LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB SLP HOLDING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$3,153,889N/A
CB OWASSO GARDENS LIMITED PARTNERSHIP
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB FORD SITE I LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$1,917,489N/A
CB LM MASTER TENANT LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$5,449$295,189N/A
CB RAPID CITY LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$661,253N/A
CB ELK RIVER HOUSING LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A
CB FOREST LAKE HOUSING II LLC
1080 MONTREAL AVENUESAINT PAULMN55116411260469AFFORDABLE HOUSINGMN$0$0N/A

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (22 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
COMMONBOND ENDOWMENT CORPORATION
1080 MONTREAL AVENUEST PAULMN55116300186930CONTRIBUTION SOLICITATIONMN501(C)(3)LINE 12A, IN/AYes (1)
BOULEVARD GARDENS SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116411841892AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
DELANO COMMONS SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116300247555AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
WELLSTONE COMMONS SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116300145891AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
GARDEN TERRACE COMMONS SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116300003273AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
NORTH GABLES SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116311647641AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
HOWARD LAKE GOLDENDALE HOUSING
1080 MONTREAL AVENUEST PAULMN55116300210548AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
ROBBINS WAY SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116261483666AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
SHINGLE CREEK SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116411981337AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
ARBOR LAKES SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116311732012AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
CENTURY TRAILS SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116411382137AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
NORWOOD SQUARE INC
1080 MONTREAL AVENUEST PAULMN55116411743091AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
COMMUNITY FOR AFFORDABLE SENIOR HOUSING INC
1080 MONTREAL AVENUEST PAULMN55116411563596AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
BASSETT CREEK SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116311557119AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
SEWARD TOWERS CORPORATION
1080 MONTREAL AVENUEST PAULMN55116411675502AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
GREENVALE PLACE OF NORTHFIELD INC
1080 MONTREAL AVENUEST PAULMN55116416161167AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
METRO APARTMENTS INC
1080 MONTREAL AVENUEST PAULMN55116411692875AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
FORD HOUSE INC
1080 MONTREAL AVENUEST PAULMN55116411735511AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
FOUR SEASONS COMMUNITY HOUSING INC
1080 MONTREAL AVENUEST PAULMN55116411742816AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
BII DI GAIN DASH ANWEBI ELDERLY HOUSING
1080 MONTREAL AVENUEST PAULMN55116273561703AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
FRANKLIN SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116273561629AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)
RIVERVIEW SENIOR HOUSING
1080 MONTREAL AVENUEST PAULMN55116273561771AFFORDABLE HOUSINGMN501(C)(3)LINE 10N/AYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (70 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPct
BISHOP'S CREEK FAMILY HOUSING LLC
1080 MONTREAL AVENUEST PAULMN55116261192885AFFORDABLE HOUSINGWIN/A00
BLOOMINGTON NORD LP
1080 MONTREAL AVENUEST PAULMN55116263095740AFFORDABLE HOUSINGMNN/A00
BLOOMSBURY VILLAGE LLLP
1080 MONTREAL AVENUEST PAULMN55116460848897AFFORDABLE HOUSINGMN0Yes (1)BLOOMSBURY VILLAGE GP LLCRELATED-$26$1,141,7640.00010
BREWERY POINT APARTMENTS LLC
1080 MONTREAL AVENUEST PAULMN55116900754470AFFORDABLE HOUSINGMN0Yes (1)BREWERY POINT APARTMENTS MM LLCRELATED-$27$862,7670.00010
BRIDGEPORT HOLDINGS II LLC
1080 MONTREAL AVENUEST PAULMN55116010741631AFFORDABLE HOUSINGMNN/A00
CB CATHEDRAL HILL LP
1080 MONTREAL AVENUEST PAULMN55116383945363AFFORDABLE HOUSINGMNN/A00
CB CEDAR RAPIDS HOUSING LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116811848142AFFORDABLE HOUSINGMN0Yes (1)CB CEDAR RAPIDS HOUSING GP LLCRELATED-$29$805,2720.00010
CB CONCORDIA LP
1080 MONTREAL AVENUEST PAULMN55116900940639AFFORDABLE HOUSINGMN0Yes (1)CB CONCORDIA LLCRELATED-$15$7,036,3900.00010
CB EDEN PRAIRIE HOUSING LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116833609086AFFORDABLE HOUSINGMNN/A0Yes (1)
CB ELK RIVER LODGE LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116843887743AFFORDABLE HOUSINGMN0Yes (1)CB ELK RIVER HOUSING LLCRELATED-$5$12,399,6010.00010
CB FLORIST GARDENS LLC
1080 MONTREAL AVENUEST PAULMN55116411260469AFFORDABLE HOUSINGMN0Yes (1)CB FLORIST GARDENS MM LLCRELATED-$18$1,096,8980.00010
CB FOREST LAKE HOUSING II LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116853922970AFFORDABLE HOUSINGMN0Yes (1)CB FOREST LAKE HOUSING II LLCRELATED$2,075,7840.00010
CB FOREST LAKE HOUSING LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116834164908AFFORDABLE HOUSINGMNN/A0Yes (1)
CB GALWAY-COMMUNITY LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116830891253AFFORDABLE HOUSINGMNN/A0Yes (1)
CB GUARDIANS OF HASTINGS LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116830806707AFFORDABLE HOUSINGMNN/A0Yes (1)
CB LM REDEVELOPMENT LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116831084094AFFORDABLE HOUSINGMNN/A0Yes (1)
CB LSM II LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116832716036AFFORDABLE HOUSINGMNN/A0Yes (1)
CB MANKATO HOUSING II LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116833024691AFFORDABLE HOUSINGMN0Yes (1)CB MANKATO HOUSING II GP LLCRELATED$83$2,955,3070.00010
CB MANKATO HOUSING LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116814894637AFFORDABLE HOUSINGMN0Yes (1)CB MANKATO HOUSING LLCRELATED-$49,205$512,2530.00010
CB MEADOW VILLAGE RENOVATION LLC
1080 MONTREAL AVENUEST PAULMN55116843056927AFFORDABLE HOUSINGMNN/A0Yes (1)
CB NORTHPOINT TOWNHOMES LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116680683776AFFORDABLE HOUSINGMNN/A00
CB OWASSO GARDENS LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116843983190AFFORDABLE HOUSINGMN0Yes (1)CB OWASSO GARDENS GP LLCRELATED-$96$5,725,9740.00010
CB PINE POINT LLC
1080 MONTREAL AVENUEST PAULMN55116384053872AFFORDABLE HOUSINGMN0Yes (1)RELATED-$5,896$5,237,6650.80000
CB PRG PORTFOLIO I LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116462871509AFFORDABLE HOUSINGMN0Yes (1)CB PRG PORTFOLIO I LLCRELATED-$49$2,158,3140.00010
CB PRG PORTFOLIO II LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116352535539AFFORDABLE HOUSINGMN0Yes (1)CB PRG PORTFOLIO II LLCRELATED-$47$1,347,2590.00010
CB RAMSEY HOUSING LP
1080 MONTREAL AVENUEST PAULMN55116320454810AFFORDABLE HOUSINGMN0Yes (1)CB RAMSEY HOUSING LLCRELATED-$22$1,214,6610.00010
CB SHAKOPEE HOUSING LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116833540237AFFORDABLE HOUSINGMN0Yes (1)CB SHAKOPEE HOUSING GP LLCRELATED-$43$519,8690.00010
CB TREE LANE SENIOR LLC
1080 MONTREAL AVENUEST PAULMN55116830841487AFFORDABLE HOUSINGMN0Yes (1)CB TREE LANE SENIOR GP LLCRELATED-$49$3,564,4950.00010
CB WATERLOO HOUSING LLLP
1080 MONTREAL AVENUEST PAULMN55116823232242AFFORDABLE HOUSINGMNN/A0Yes (1)
CB WEST BROADWAY LP
1080 MONTREAL AVENUEST PAULMN55116800920231AFFORDABLE HOUSINGMN0Yes (1)CB WEST BROADWAY LLCRELATED-$80,800$5,560,0500.00010
CB WHITNEY APPLE VALLEY LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116813376427AFFORDABLE HOUSINGMNN/A0Yes (1)
CB WILDER SQUARE LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116850788542AFFORDABLE HOUSINGMN0Yes (1)CB WILDER SQUARE GP LLCRELATED0.00010
CBC 202 LP
1080 MONTREAL AVENUEST PAULMN55116203568155AFFORDABLE HOUSINGMN0Yes (1)CBC PROPERTIES LLCRELATED$3$6,684,3860.00010
CBVA MINNEAPOLIS LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116460682981AFFORDABLE HOUSINGMNN/A00
CITY FLATS LP
1080 MONTREAL AVENUEST PAULMN55116331039771AFFORDABLE HOUSINGMNN/A00
COMMERCE APARTMENTS LP
1080 MONTREAL AVENUEST PAULMN55116208982553AFFORDABLE HOUSINGMNN/A00
COMMERCE APARTMENTS PHASE 2 LP
1080 MONTREAL AVENUEST PAULMN55116273600574AFFORDABLE HOUSINGMNN/A00RELATED-$4$1,355,3280.01000
COMMERCE HISTORIC LP
1080 MONTREAL AVENUEST PAULMN55116208982533AFFORDABLE HOUSINGMNN/A00RELATED$69,915$1,671,6480.99990
COMMONBOND CITY WALK LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116454047058AFFORDABLE HOUSINGMNN/A00
CROWN RIDGE APARTMENTS LP
1080 MONTREAL AVENUEST PAULMN55116411859949AFFORDABLE HOUSINGMNN/A00
EAST DES MOINES REFI LLLP
1080 MONTREAL AVENUEST PAULMN55116271602792AFFORDABLE HOUSINGMNN/A00
EAST WATERLOO FAMILY HOUSING LLLP
1080 MONTREAL AVENUEST PAULMN55116263616468AFFORDABLE HOUSINGIAN/A0Yes (1)RELATED-$34$1,167,4780.01000
GLENBROOK COMMUNITY LLC
1080 MONTREAL AVENUEST PAULMN55116800308748AFFORDABLE HOUSINGWIN/A00
GOLDENDALEHOWARD LAKE HOUSING OF MN LLC
1080 MONTREAL AVENUEST PAULMN55116300210548AFFORDABLE HOUSINGMNN/A00
HISTORIC HOTEL NORTHERN LLC
1080 MONTREAL AVENUEST PAULMN55116261183514AFFORDABLE HOUSINGWIN/A00
HISTORIC TALLCORN TOWERS LLLP
1080 MONTREAL AVENUEST PAULMN55116275272674AFFORDABLE HOUSINGMN0Yes (1)HISTORIC TALLCORN TOWERS GP LLCRELATED-$35$4,382,8440.00010
HISTORIC TEWELES SEED LLC
1080 MONTREAL AVENUEST PAULMN55116010582382AFFORDABLE HOUSINGWIN/A00
HOTEL NORTHERN LLC
1080 MONTREAL AVENUEST PAULMN55116261183202AFFORDABLE HOUSINGWIN/A00
HTS MANAGEMENT LLC
1080 MONTREAL AVENUEST PAULMN55116770593595AFFORDABLE HOUSINGWIN/A00
KINGSLEY COMMONS LP
1080 MONTREAL AVENUEST PAULMN55116300356596AFFORDABLE HOUSINGMNN/A00RELATED-$10$863,8580.99990
LAKESHORE TOWNHOMES LP
1080 MONTREAL AVENUEST PAULMN55116411934294AFFORDABLE HOUSINGMNN/A00RELATED-$7,736$1,129,5640.99990
LEXINGTON APARTMENTS LP
1080 MONTREAL AVENUEST PAULMN55116262790566AFFORDABLE HOUSINGMNN/A00RELATED-$254,026$5,321,9450.99990
LINDEN PLACE LP
1080 MONTREAL AVENUEST PAULMN55116411670098AFFORDABLE HOUSINGMNN/A00
MAPLE HILLS LP
1080 MONTREAL AVENUEST PAULMN55116263095686AFFORDABLE HOUSINGMNN/A00
OAKDALE GRANADA LAKES LLC
1080 MONTREAL AVENUEST PAULMN55116262792905AFFORDABLE HOUSINGMNN/A00
OAKDALE GRANADA LAKES LP
1080 MONTREAL AVENUEST PAULMN55116262793014AFFORDABLE HOUSINGMNN/A00
OAKDALE-GRANADA LAKES DEVELOPER LLC
1080 MONTREAL AVENUEST PAULMN55116262793104AFFORDABLE HOUSINGMNN/A00
ROCHESTER SENIOR HOUSING LP
1080 MONTREAL AVENUEST PAULMN55116462894223AFFORDABLE HOUSINGMN0Yes (1)ROCHESTER SENIOR HOUSING GP LLCRELATED-$20$5,809,5640.00010
CB STONEHOUSE SQUARE LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116843098006AFFORDABLE HOUSINGMN0Yes (1)CB STONEHOUSE SQUARE LLCRELATED$5,178,9560.00010
SEWARD TOWERS RENOVATION LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116371782382AFFORDABLE HOUSINGMNN/A0Yes (1)
SEWARD TOWERS RENOVATION LLC
1080 MONTREAL AVENUEST PAULMN55116473834956AFFORDABLE HOUSINGMNN/A0Yes (1)RELATED0.51000
SKYLINE TOWER OF ST PAUL LP
1080 MONTREAL AVENUEST PAULMN55116411961493AFFORDABLE HOUSINGMNN/A00RELATED0.99990
SNELLING AVENUE APARTMENTS LP
1080 MONTREAL AVENUEST PAULMN55116800934453AFFORDABLE HOUSINGMNN/A00
SPRUCE PLACE OF FARMINGTON LP
1080 MONTREAL AVENUEST PAULMN55116203540240AFFORDABLE HOUSINGMNN/A00
ST ANNE'S COMMUNITY DEVELOPMENT LP
1080 MONTREAL AVENUEST PAULMN55116205446525AFFORDABLE HOUSINGMNN/A00
TRAILS EDGE TOWNHOMES LP
1080 MONTREAL AVENUEST PAULMN55116261707610AFFORDABLE HOUSINGMNN/A00RELATED-$31$853,8270.01000
TWV LIMITED PARTNERSHIP
1080 MONTREAL AVENUEST PAULMN55116202665960AFFORDABLE HOUSINGMNN/A00
VALLEY SQUARE COMMONS LP
1080 MONTREAL AVENUEST PAULMN55116412017499AFFORDABLE HOUSINGMNN/A00
VICKSBURG COMMONS LP
1080 MONTREAL AVENUEST PAULMN55116204134576AFFORDABLE HOUSINGMNN/A00
YORKDALE TOWNHOMES LP
1080 MONTREAL AVENUEST PAULMN55116453858401AFFORDABLE HOUSINGMNN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (24 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmt
CB CATHEDRAL HILL LLC
1080 MONTREAL AVENUEST PAULMN55116472483534AFFORDABLE HOUSINGMNN/AC1.000000
CB CEDAR RAPIDS GP LLC
1080 MONTREAL AVENUEST PAULMN55116811828554AFFORDABLE HOUSINGMNN/AC1.000000
CB EDEN PRAIRIE HOUSING GP LLC
1080 MONTREAL AVENUEST PAULMN55116833595442AFFORDABLE HOUSINGMNN/AC1.000000
CB FOREST LAKE HOUSING LLC
1080 MONTREAL AVENUEST PAULMN55116824156486AFFORDABLE HOUSINGMNN/AC1.000000
CB GALWAY-COMMUNITY LLC
1080 MONTREAL AVENUEST PAULMN55116830879227AFFORDABLE HOUSINGMNN/AC1.000000
CB GUARDIAN ANGELS LLC
1080 MONTREAL AVENUEST PAULMN55116830791742AFFORDABLE HOUSINGMNN/AC1.000000
CB LM REDEVELOPMENT LLC
1080 MONTREAL AVENUEST PAULMN55116831070401AFFORDABLE HOUSINGMNN/AC1.000000
CB MEADOW VILLAGE RENOVATION LLC
1080 MONTREAL AVENUEST PAULMN55116843065634AFFORDABLE HOUSINGMNN/AC1.000000
CB NORTHPOINT TOWNHOMES LLC
1080 MONTREAL AVENUEST PAULMN55116464455153AFFORDABLE HOUSINGMNN/AC1.000000-$13$429,548
CB OWASSO GARDENS GP LLC
1080 MONTREAL AVENUEST PAULMN55116843965665AFFORDABLE HOUSINGMNN/AC1.000000
CB STONEHOUSE SQUARE LLC
1080 MONTREAL AVENUEST PAULMN55116843091986AFFORDABLE HOUSINGMNN/AC1.000000
CB WATERLOO HOUSING GP LLC
1080 MONTREAL AVENUEST PAULMN55116823242614AFFORDABLE HOUSINGMNN/AC1.000000
CB WHITNEY APPLE VALLEY LLC
1080 MONTREAL AVENUEST PAULMN55116813329896AFFORDABLE HOUSINGMNN/AC1.000000
CB WILDER SQUARE GP LLC
1080 MONTREAL AVENUEST PAULMN55116850782640AFFORDABLE HOUSINGMNN/AC1.000000
CBC FALLS MEADOWRIDGE
1080 MONTREAL AVENUEST PAULMN55116471471806AFFORDABLE HOUSINGMNN/AC1.000000
CBC MEMORIAL MEADOWS LLC
1080 MONTREAL AVENUEST PAULMN55116460527925AFFORDABLE HOUSINGMNN/AC1.000000
CBVA MINNEAPOLIS GP LLC
1080 MONTREAL AVENUEST PAULMN55116464584258AFFORDABLE HOUSINGMNN/AC1.000000-$24$969,655
COMMONBOND CITY WALK LLC
1080 MONTREAL AVENUEST PAULMN55116460927794AFFORDABLE HOUSINGMNN/AC1.000000-$27-$86,652
COMMONBOND HOUSING CORPORATION
1080 MONTREAL AVENUEST PAULMN55116411767498AFFORDABLE HOUSINGMNN/AC1.000000
COMMONBOND INVESTMENT CORPORATION
1080 MONTREAL AVENUEST PAULMN55116411260427INVESTMENTMNN/AC1.000000
CRS HOUSING GP LLC
1080 MONTREAL AVENUEST PAULMN55116463015721AFFORDABLE HOUSINGMNN/AC0.500000
EAST DES MOINES REFI GP LLC
1080 MONTREAL AVENUEST PAULMN55116274663129AFFORDABLE HOUSINGMNN/AC1.000000-$31$936,798
KINGSLEY COMMONS HOUSING
1080 MONTREAL AVENUEST PAULMN55116412172439AFFORDABLE HOUSINGMNN/AC1.000000-$104,114$1,583,985
YORKDALE TOWNHOMES LLC
1080 MONTREAL AVENUEST PAULMN55116453858401AFFORDABLE HOUSINGMNN/AC1.000000-$53$125,345
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (62 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CBC 202 LIMITED PARTNERSHIP
A$267,816CASH
CB CONCORDIA LIMITED PARTNERSHIP
A$64,664CASH
CB CONCORDIA LIMITED PARTNERSHIP
D$4,171,956CASH
CBC MEMORIAL MEADOWS
D$360,000CASH
ROCHESTER SENIOR HOUSING LIMITED PARTNERSHIP
D$602,587CASH
SNELLING AVENUE LIMITED PARTNERSHIP
D$772,503CASH
ST ANNE'S COMMUNITY DEVELOPMENT LIMITED PARTNERSHIP
D$99,144CASH
SHINGLE CREEK SENIOR HOMES
D$1,486,440CASH
CROWN RIDGE APARTMENTS LIMITED PARTNERSHIP
D$418,476CASH
CB CATHEDRAL HILLS LIMITED PARTNERSHIP
D$1,415,192CASH
CBC FALLS MEADOWRIDGE
D$539,267CASH
VALLEY SQUARE COMMONS LIMITED PARTNERSHIP
D$350,000CASH
OAKDALE-GRANADA LAKES LIMITED PARTNERSHIP
D$450,000CASH
EAST WATERLOO FAMILY HOUSING LLLP
D$550,000CASH
CB WEST BROADWAY LIMITED PARTNERSHIP
D$3,006,375CASH
CB FLORIST GARDENS LLC
D$380,000CASH
GLENBROOK COMMUNITY LLC
D$199,908CASH
CB MANKATO HOUSING LIMITED PARNTERSHIP
D$100,000CASH
BLOOMSBURY VILLAGE LLLP
D$114,426CASH
BREWERY POINT APARTMENTS LLC
D$420,000CASH
YORKDALE TOWNHOMES LIMITED PARTNERSHIP
D$250,000CASH
CBVA MINNEAPOLIS LIMITED PARTNERSHIP
D$5,420,799CASH
CB WHITNEY APPLE VALLEY LIMITED PARTNERSHIP
D$230,000CASH
EAST DES MOINES REFI LLLP
D$233,711CASH
COMMONBOND HOUSING
J$366,767CASH
CB CONCORDIA LIMITED PARTNERSHIP
L$270,694CASH
SEWARD TOWERS RENOVATION LIMITED PARTNERSHIP
L$135,280CASH
GREENVALE PLACE OF NORTHFIELD INC
L$66,500CASH
SKYLINE TOWER LIMITED PARTNERSHIP
L$414,929CASH
COMMONBOND HOUSING
O$664,415CASH
VICKSBURG COMMONS LIMITED PARTNERSHIP
D$150,000CASH
CB TREE LANE SENIOR HOUSING LLC
D$2,645,000CASH
CB FOREST LAKE HOUSING LIMITED PARTNERSHIP
D$500,000CASH
CB WATERLOO HOUSING LLLP
D$876,000CASH
CB GALWAY-COMMUNITY LIMITED PARTNERSHIP
D$1,294,045CASH
CB GUARDIAN ANGELS LIMITED PARTNERSHIP
D$339,949CASH
CB LM REDEVELOPMENT LIMITED PARTNERSHIP
D$4,075,000CASH
CB MANKATO HOUSING II LIMITED PARTNERSHIP
D$100,000CASH
COMMONBOND ENDOWMENT CORPORATION
S$469,992CASH
CB MEADOW VILLAGE RENOVATION LLC
D$610,000FAIR MARKET VALUE
OAKDALE-GRANADA LAKES LIMITED PARTNERSHIP
A$54,115CASH
GLENBROOK COMMUNITY LLC
A$68,243CASH
CB WILDER SQUARE LIMITED PARTNERSHIP
D$2,350,000FAIR MARKET VALUE
CB MEADOW VILLAGE RENOVATION LLC
D$247,128CASH
CB WEST BROADWAY LIMITED PARTNERSHIP
B$80,764CASH
CB LM REDEVELOPMENT LIMITED PARTNERSHIP
B$353,569CASH
CB STONEHOUSE SQUARE LIMITED PARTNERSHIP
B$148,538CASH
ROCHESTER SENIOR HOUSING LIMITED PARTNERSHIP
L$100,000CASH
CB CATHEDRAL HILLS LIMITED PARTNERSHIP
L$113,134CASH
CB FOREST LAKE HOUSING LIMITED PARTNERSHIP
L$318,132CASH
CB WILDER SQUARE LIMITED PARTNERSHIP
L$1,372,021FAIR MARKET VALUE
CB MEADOW VILLAGE RENOVATION LLC
L$204,203FAIR MARKET VALUE
CB RAMSEY HOUSING LIMITED PARTNERSHIP
L$59,257CASH
CB WATERLOO HOUSING LLLP
L$105,129CASH
CB EDEN PRAIRIE HOUSING LIMITED PARTNERSHIP
L$147,375CASH
CB STONEHOUSE SQUARE LIMITED PARTNERSHIP
L$150,000CASH
HOTEL NORTHERN LLC
L$76,542CASH
CB FOREST LAKE HOUSING II LIMITED PARTNERSHIP
L$200,000CASH
CB OWASSO GARDENS LIMITED PARTNERSHIP
L$330,000FAIR MARKET VALUE
CB ELK RIVER LODGE LIMITED PARTNERSHIP
L$750,069FAIR MARKET VALUE
CB STONEHOUSE SQUARE LIMITED PARTNERSHIP
R$441,973FAIR MARKET VALUE
CB WILDER SQUARE LIMITED PARTNERSHIP
R$2,618,125FAIR MARKET VALUE

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE R, PART IVCB LSM II LLC 1080 MONTREAL AVENUE ST. PAUL, MN 55116 EMPLOYER IDENTIFICATION NUMBER: 83-2705334 ELECTION UNDER CODE SECTION 168(H)(6)(F)(II) CB LSM II LLC, A TAX-EXEMPT CONTROLLED ENTITY, WHICH IS THE MANAGING GENERAL PARTNER OF CB LSM II LIMITED PARTNERSHIP, HEREBY ELECTS, PURSUANT TO IRC SECTION 168(H)(6)(F)(II), NOT TO BE TREATED AS A TAX-EXEMPT ENTITY UNDER THE RULES OF SECTION 168(H)(6)(F) BEGINNING WITH THE TAX YEAR ENDING DECEMBER 31, 2021. ANY GAIN RECOGNIZED ON THE DISPOSITION BY COMMONBOND COMMUNITIES, THE CONTROLLING TAX-EXEMPT ENTITY, OF ITS INTEREST IN CB LSM II LLC OR ANY DIVIDEND OR INTEREST RECEIVED BY COMMONBOND COMMUNITIES FROM CB LSM II LLC RELATED TO THIS INVESTMENT WILL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF SECTION 511. ACCORDINGLY, THE RESIDENTIAL RENTAL PROPERTY OWNED BY CB LSM II LIMITED PARTNERSHIP WILL NOT BE CONSIDERED TAX-EXEMPT USE PROPERTY UNDER SECTION 168(H).
SCHEDULE R, PART IVCB OWASSO GARDENS GP LLC 1080 MONTREAL AVENUE ST. PAUL, MN 55116 EMPLOYER IDENTIFICATION NUMBER: 84-3965665 ELECTION UNDER CODE SECTION 168(H)(6)(F)(II) CB OWASSO GARDENS GP LLC, A TAX-EXEMPT CONTROLLED ENTITY, WHICH IS THE MANAGING GENERAL PARTNER OF CB OWASSO GARDENS LIMITED PARTNERSHIP, HEREBY ELECTS, PURSUANT TO IRC SECTION 168(H)(6)(F)(II), NOT TO BE TREATED AS A TAX-EXEMPT ENTITY UNDER THE RULES OF SECTION 168(H)(6)(F) BEGINNING WITH THE TAX YEAR ENDING DECEMBER 31, 2021. ANY GAIN RECOGNIZED ON THE DISPOSITION BY COMMONBOND COMMUNITIES, THE CONTROLLING TAX-EXEMPT ENTITY, OF ITS INTEREST IN CB OWASSO GARDENS GP LLC OR ANY DIVIDEND OR INTEREST RECEIVED BY COMMONBOND COMMUNITIES FROM CB OWASSO GARDENS GP LLC RELATED TO THIS INVESTMENT WILL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF SECTION 511. ACCORDINGLY, THE RESIDENTIAL RENTAL PROPERTY OWNED BY CB OWASSO GARDENS LIMITED PARTNERSHIP WILL NOT BE CONSIDERED TAX-EXEMPT USE PROPERTY UNDER SECTION 168(H).
SCHEDULE R, PART IVCB WILDER SQUARE GP LLC 1080 MONTREAL AVENUE ST. PAUL, MN 55116 EMPLOYER IDENTIFICATION NUMBER: 85-0782640 ELECTION UNDER CODE SECTION 168(H)(6)(F)(II) CB WILDER SQUARE GP LLC, A TAX-EXEMPT CONTROLLED ENTITY, WHICH IS THE MANAGING GENERAL PARTNER OF CB WILDER SQUARE LIMITED PARTNERSHIP, HEREBY ELECTS, PURSUANT TO IRC SECTION 168(H)(6)(F)(II), NOT TO BE TREATED AS A TAX-EXEMPT ENTITY UNDER THE RULES OF SECTION 168(H)(6)(F) BEGINNING WITH THE TAX YEAR ENDING DECEMBER 31, 2021. ANY GAIN RECOGNIZED ON THE DISPOSITION BY COMMONBOND COMMUNITIES, THE CONTROLLING TAX-EXEMPT ENTITY, OF ITS INTEREST IN CB WILDER SQUARE GP LLC OR ANY DIVIDEND OR INTEREST RECEIVED BY COMMONBOND COMMUNITIES FROM CB WILDER SQUARE GP LLC RELATED TO THIS INVESTMENT WILL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF SECTION 511. ACCORDINGLY, THE RESIDENTIAL RENTAL PROPERTY OWNED BY CB WILDER SQUARE LIMITED PARTNERSHIP WILL NOT BE CONSIDERED TAX-EXEMPT USE PROPERTY UNDER SECTION 168(H).
SCHEDULE R, PART IVCB STONEHOUSE SQUARE LLC 1080 MONTREAL AVENUE ST. PAUL, MN 55116 EMPLOYER IDENTIFICATION NUMBER: 84-3091986 ELECTION UNDER CODE SECTION 168(H)(6)(F)(II) CB STONEHOUSE SQUARE LLC, A TAX-EXEMPT CONTROLLED ENTITY, WHICH IS THE MANAGING GENERAL PARTNER OF CB STONEHOUSE SQUARE LIMITED PARTNERSHIP, HEREBY ELECTS, PURSUANT TO IRC SECTION 168(H)(6)(F)(II), NOT TO BE TREATED AS A TAX-EXEMPT ENTITY UNDER THE RULES OF SECTION 168(H)(6)(F) BEGINNING WITH THE TAX YEAR ENDING DECEMBER 31, 2021. ANY GAIN RECOGNIZED ON THE DISPOSITION BY COMMONBOND COMMUNITIES, THE CONTROLLING TAX-EXEMPT ENTITY, OF ITS INTEREST IN CB STONEHOUSE SQUARE LLC OR ANY DIVIDEND OR INTEREST RECEIVED BY COMMONBOND COMMUNITIES FROM CB STONEHOUSE SQUARE LLC RELATED TO THIS INVESTMENT WILL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF SECTION 511. ACCORDINGLY, THE RESIDENTIAL RENTAL PROPERTY OWNED BY CB STONEHOUSE SQUARE LIMITED PARTNERSHIP WILL NOT BE CONSIDERED TAX-EXEMPT USE PROPERTY UNDER SECTION 168(H).

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