MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION (EIN 41-0972298)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-05
- IRS object ID
- 201321879349300012
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-05T15:30:28-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 818 SECOND ST SO SUITE 320 | AddressLine1 |
| City | WAITE PARK | City |
| State | MN | State |
| ZIP Code | 56387 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410972298 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDWEST MINNESOTA COMMUNITY DEVELOPMENT | BusinessNameLine1 |
| Business Name Line2 | CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MIDW | NameControl |
| Phone | 2188473191 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 GRAYSTONE PLAZA NO 100 | AddressLine1 |
| City | DETROIT LAKES | City |
| State | MN | State |
| ZIP Code | 565020623 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ARLEN KANGAS | Name |
| Title | PRESIDENT | Title |
| Phone | 2188473191 | Phone |
| Date Signed | 2013-06-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTINE M STANZ | Name |
| PTIN | P01319765 | PTIN |
| Phone | 3202035500 | Phone |
| Date Prepared | 2013-06-25 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ARLEN KANGAS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 GRAYSTONE PLAZA NO 100 | AddressLine1 |
| City | DETROIT LAKES | City |
| State | MN | State |
| ZIP Code | 565020623 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11004883 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MMCDC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1971 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF MMCDC IS TO ASSIST COMMUNITIES AND INDIVIDUALS ACHIEVE A BETTER QUALITY OF LIFE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 23 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1274002 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1136844 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7803867 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9271444 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 21384 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12923 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 814672 | OtherRevenuePriorYear |
| Other Revenue Current Year | 583672 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9913925 | TotalRevenuePriorYear |
| Total Revenue Current Year | 11004883 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 559659 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 146258 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2120146 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2391562 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 191760 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2893782 | OtherExpensePriorYear |
| Other Expenses Current Year | 6516551 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5573587 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9054371 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4340338 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1950512 | RevenuesLessExpensesCY |
| Total Assets BOY | 57308237 | TotalAssetsBOY |
| Total Assets EOY | 57409185 | TotalAssetsEOY |
| Total Liabilities BOY | 26308869 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 24569881 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 30999368 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 32839304 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF MMCDC IS TO ASSIST COMMUNITIES AND INDIVIDUALS ACHIEVE A BETTER QUALITY OF LIFE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7154772 | Expense |
| Grants | 146258 | Grants |
| Revenue | 8332842 | Revenue |
| Description | BUSINESS DEVELOPMENT: INCLUDING NEW MARKET TAX CREDITS, OTHER COMMERCIAL LENDING, EQUITY INVESTMENTS AND LOAN PURCHASES. MMCDC PROVIDED $87,224,505 MILLION IN CAPITAL FOR BUSINESS OPERATIONS AND COMMERCIAL REAL ESTATE IN 2012. THIS INVESTMENT SUPPORTED RETENTION OF 2,559 EXISTING JOBS AND CREATION OF 230 NEW JOBS. IT ALSO SUPPORTED CONSTRUCTION OR IMPROVEMENT OF 549,718 SQUARE FEET OF COMMERCIAL REAL ESTATE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 683295 | Expense |
| Revenue | 1352599 | Revenue |
| Description | AFFORDABLE MORTGAGE LENDING: MMCDC PROVIDED 270 MORTGAGE LOANS TOTALING $35,771,080 THROUGHOUT RURAL MINNESOTA. LOANS FINANCED BOTH HOME PURCHASE AND HOME REFINANCE. FIFTY-TWO PERCENT OF THE LOANS WERE PROVIDED UTILIZING THE USDA RURAL DEVELOPMENT 502 GUARANTEED LOAN PROGRAM, WHICH ALLOWS 100 PERCENT FINANCING TO HOMEBUYERS AT 115 PERCENT OR LESS OF MEDIAN INCOME WHO ARE PURCHASING MODEST HOMES IN SMALL TOWNS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 425713 | Expense |
| Revenue | 169675 | Revenue |
| Description | AFFORDABLE HOUSING DEVELOPMENT: TOGETHER WITH ITS AFFILIATE, THE NORTHWEST MINNESOTA HOUSING COOPERATIVE, MMCDC PROVIDED TWO UNITS OF AFFORDABLE SINGLE-FAMILY HOUSING AT A TOTAL SALE PRICE OF $367,000. BOTH OF THESE UNITS WERE PURCHASED BY MODERATE-INCOME BUYERS, HELPING MEET THE DEMAND FOR WORKFORCE HOUSING IN SMALL, RURAL COMMUNITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 8263780 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 41 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 23 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | STEVE WIEBOLT | NamePerson |
| Telephone Number | 2188473191 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 GRAYSTONE PLAZA STE 100 | AddressLine1 |
| City | DETROIT LAKES | City |
| State | MN | State |
| ZIP Code | 56502 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| KATHY HENRY | ||||||||
| SECRETARY | 2.00 | X | X | 4250 | 0 | 0 | ||
| MIKE HERZOG | ||||||||
| DIRECTOR | 2.00 | X | 2250 | 0 | 0 | |||
| CHARLENE OLSON | ||||||||
| TREASURER | 2.00 | X | X | 4100 | 0 | 0 | ||
| BRENDA LUNDON | ||||||||
| DIRECTOR | 2.00 | X | 4250 | 0 | 0 | |||
| TERRY STALLMAN | ||||||||
| CHAIRMAN | 2.00 | X | X | 4500 | 0 | 0 | ||
| KAREN AHMANN | ||||||||
| DIRECTOR | 2.00 | X | 3250 | 0 | 0 | |||
| DALE MACKLANBERG | ||||||||
| VICE CHAIR | 2.00 | X | X | 3250 | 7900 | 0 | 1.00 | |
| JOAN LAVOY | ||||||||
| DIRECTOR | 2.00 | X | 2500 | 750 | 0 | 0.50 | ||
| RON LINDBERG | ||||||||
| DIRECTOR | 2.00 | X | 3100 | 0 | 0 | |||
| LARRY LEPIER | ||||||||
| DIRECTOR | 2.00 | X | 2000 | 0 | 0 | |||
| GEMMA DREES | ||||||||
| DIRECTOR | 2.00 | X | 2600 | 0 | 0 | |||
| DAN STEVENS | ||||||||
| DIRECTOR | 2.00 | X | 2500 | 750 | 0 | 0.50 | ||
| GERALD WIGNESS | ||||||||
| DIRECTOR | 2.00 | X | 1380 | 0 | 0 | |||
| JANET GREEN | ||||||||
| DIRECTOR | 2.00 | X | 540 | 0 | 0 | |||
| ARLEN KANGAS | ||||||||
| PRESIDENT | 50.00 | X | 415258 | 0 | 57580 | 2.00 | ||
| KEITH KICKER | ||||||||
| CHIEF FINANCIAL OFFICER | 45.00 | X | 193288 | 0 | 5960 | |||
| KEVIN SHIPLEY | ||||||||
| SENIOR VICE PRESIDENT | 45.00 | 94287 | 58608 | 92566 | 0.50 | X | ||
| STEVE WIEBOLT | ||||||||
| VP ADMINISTRATION | 45.00 | 102388 | 0 | 10112 | X | |||
| JOHN KING | ||||||||
| REAL ESTATE MANAGER | 40.00 | 101000 | 0 | 0 | X | |||
| JULIA NELMARK | ||||||||
| DIRECTOR OF NMTC FINANCING | 40.00 | 126788 | 0 | 10488 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1073479 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 68008 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 176706 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| COHN REZNICK | |||||
| SUITE 200 500 EAST PRATT STREET | BALTIMORE | MD | 21202 | AUDIT WORK FOR NMTC ENTITIES | 297950 |
| FUTURE UNLIMITED LAW | |||||
| 209 JEFFERSON NE PO BOX 2776 | YELM | WA | 98597 | LEGAL WORK FOR NMTC ENTITIES | 181213 |
| CLIFTONLARSENALLEN | |||||
| PO BOX 1067 | ST CLOUD | MN | 563021067 | AUDIT WORK FOR NMTC/OTHER ENTITIES | 131365 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 1012012 | GovernmentGrants |
| All Other Contributions | 124832 | AllOtherContributions |
| Total Contributions | 1136844 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| NEW MARKET TAX CREDIT | 525990 | 5282439 | 5282439 |
| LOAN FEES | 525990 | 1376294 | 1376294 |
| INTEREST INC./LOAN | 522291 | 1276236 | 1276236 |
| RENTAL INCOME | 531110 | 873539 | 873539 |
| OTHER PROGRAM SERVICE REVENUE | 531310 | 462936 | 462936 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9271444 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12923 | TotalRevenueColumn |
| Exclusion | $12,923 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| GAIN FROM SUBSIDIARIES | 900003 | 338568 | 338568 |
| MISCELLANEOUS | 900099 | 245104 | 245104 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 583672 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11004883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9855116 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $12,923 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146258 | Total |
| Program Services | 146258 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 806843 | Total |
| Program Services | 489640 | ProgramServices |
| Management And General | 222635 | ManagementAndGeneral |
| Fundraising | 94568 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1300881 | Total |
| Program Services | 1066722 | ProgramServices |
| Management And General | 169115 | ManagementAndGeneral |
| Fundraising | 65044 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61757 | Total |
| Program Services | 50641 | ProgramServices |
| Management And General | 8028 | ManagementAndGeneral |
| Fundraising | 3088 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93217 | Total |
| Program Services | 76438 | ProgramServices |
| Management And General | 12118 | ManagementAndGeneral |
| Fundraising | 4661 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128864 | Total |
| Program Services | 105669 | ProgramServices |
| Management And General | 16752 | ManagementAndGeneral |
| Fundraising | 6443 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3818 | Total |
| Management And General | 3818 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48990 | Total |
| Management And General | 48990 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113755 | Total |
| Program Services | 85316 | ProgramServices |
| Management And General | 26164 | ManagementAndGeneral |
| Fundraising | 2275 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20572 | Total |
| Program Services | 19543 | ProgramServices |
| Management And General | 1029 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70435 | Total |
| Program Services | 64096 | ProgramServices |
| Management And General | 4930 | ManagementAndGeneral |
| Fundraising | 1409 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40628 | Total |
| Program Services | 24376 | ProgramServices |
| Management And General | 15439 | ManagementAndGeneral |
| Fundraising | 813 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178320 | Total |
| Program Services | 162272 | ProgramServices |
| Management And General | 12482 | ManagementAndGeneral |
| Fundraising | 3566 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65527 | Total |
| Program Services | 58319 | ProgramServices |
| Management And General | 5897 | ManagementAndGeneral |
| Fundraising | 1311 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28139 | Total |
| Program Services | 25043 | ProgramServices |
| Management And General | 2533 | ManagementAndGeneral |
| Fundraising | 563 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 731590 | Total |
| Program Services | 731590 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 488138 | Total |
| Program Services | 449087 | ProgramServices |
| Management And General | 34170 | ManagementAndGeneral |
| Fundraising | 4881 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31903 | Total |
| Program Services | 29032 | ProgramServices |
| Management And General | 2233 | ManagementAndGeneral |
| Fundraising | 638 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LOSS ON SUBSIDIARIES/AS | 3806337 | 3806337 | ||
| HOUSING EXPENSES | 455432 | 455432 | ||
| BROKER EXPENSE | 210807 | 210807 | ||
| MISC EXPENSES/PROVISION | 209079 | 194081 | 12498 | 2500 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13081 | Total |
| Program Services | 13081 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9054371 | Total |
| Program Services | 8263780 | ProgramServices |
| Management And General | 598831 | ManagementAndGeneral |
| Fundraising | 191760 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7687003 | BOY |
| EOY | 12116315 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1003003 | BOY |
| EOY | 343001 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26303528 | BOY |
| EOY | 26239413 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11206 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15563 | BOY |
| EOY | 11084 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 13335643 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4162003 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12551780 | BOY |
| EOY | 9173640 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5106264 | BOY |
| EOY | 5246638 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 181403 | BOY |
| EOY | 145062 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4448487 | BOY |
| EOY | 4134032 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57308237 | BOY |
| EOY | 57409185 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1351153 | BOY |
| EOY | 1506619 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 686470 | BOY |
| EOY | 549969 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15224506 | BOY |
| EOY | 10796553 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9046740 | BOY |
| EOY | 11716740 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26308869 | BOY |
| EOY | 24569881 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30580368 | BOY |
| EOY | 32295304 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 369000 | BOY |
| EOY | 369000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 175000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30999368 | BOY |
| EOY | 32839304 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57308237 | BOY |
| EOY | 57409185 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1950512 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -110576 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 334236 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2181777 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1563567 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1274002 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1136844 | CurrentTaxYear |
| Total | 6490426 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7185095 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3779773 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5050753 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7803867 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9271444 | CurrentTaxYear |
| Total | 33090932 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7519331 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5961550 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6614320 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9077869 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10408288 | CurrentTaxYear |
| Total | 39581358 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 39581358 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 397811 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23547 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39686 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21384 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12923 | CurrentTaxYear |
| Total | 495351 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 397811 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23547 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39686 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21384 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12923 | CurrentTaxYear |
| Total | 495351 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 136999 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -788206 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 619863 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 814672 | CurrentTaxYearMinus1Year |
| Current Tax Year | 583672 | CurrentTaxYear |
| Total | 1367000 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8054141 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5196891 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7273869 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9913925 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11004883 | CurrentTaxYear |
| Total | 41443709 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.95510 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.95520 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01200 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02060 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2008 AMOUNT: $ 136,999. 2009 AMOUNT: $ 232,294. 2010 AMOUNT: $ 211,693. 2011 AMOUNT: $ 474,198. 2012 AMOUNT: $ 245,104. DEBT RECOVERIES - 2009 AMOUNT: $ 217,358. GAIN/LOSS FROM SUBSIDIARIES - 2009 AMOUNT: $ -1,237,858. 2010 AMOUNT: $ 408,170. 2011 AMOUNT: $ 340,474. 2012 AMOUNT: $ 338,568. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 501686 | OtherCostOrOtherBasis |
| Book Value | 501686 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10916137 | OtherCostOrOtherBasis |
| Depreciation | 3540061 | Depreciation |
| Book Value | 7376076 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1837060 | OtherCostOrOtherBasis |
| Depreciation | 595752 | Depreciation |
| Book Value | 1241308 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 80760 | OtherCostOrOtherBasis |
| Depreciation | 26190 | Depreciation |
| Book Value | 54570 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9173640 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PARTNERSHIPS, PROPERTY AND SECURITIES | Description |
| Book Value | 5246638 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 5246638 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INTEREST RECEIVABLE | 221226 |
| ASSETS HELD FOR SALE | 632214 |
| LEASES RECEIVABLE | 1759013 |
| OTHER RECEIVABLES (DEVELOPER FEES & TAX INCREMENT FINANCING) | 1521579 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4134032 | TotalBookValueOtherAssets |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | TAX STATUS THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX CODES. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE ORGANIZATION'S 2009-2011 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE ORGANIZATION FILES AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION WOULD BE SUBJECT TO REVIEW BY THE IRS. THE PARTNERSHIP TO SUPPLY AFFORDABLE HOUSING, ELEVENTH AVENUE APARTMENTS, BARBARA AVENUE APARTMENTS, EASTSIDE APARTMENTS, MEADOW RUN APARTMENTS AND MAHNOMEN BAKED CHIPS LLC'S INCOME OR LOSS IS REQUIRED TO BE REPORTED BY MMCDC ON ITS FEDERAL TAX RETURN. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| DETROIT LAKES COMMUNITY & CULTURAL CENTER | |||||||
| 826 SUMMIT AVENUE | DETROIT LAKES | MN | 56501 | 411970351 | 501(C)(3) | 16000 | DONATION TO SUPPORT THE LOCAL COMMUNITY CENTER |
| WHITE EARTH INVESTMENT INITIATIVE | |||||||
| 407 EAST MAIN STREET | OGEMA | MN | 56569 | 010732253 | 501(C)(3) | 40000 | REDUCE DEBT |
| DETROIT MOUNTAIN RECREATIONAL AREA | |||||||
| 14855 ELM DR | DETROIT LAKES | MN | 56501 | 272089583 | 501(C)(3) | 63000 | CAPITAL CAMPAIGN |
| MAHNOMEN BUSINESS BOOSTERS | |||||||
| PO BOX 151 | MAHNOMEN | MN | 56557 | 5000 | SIGNAGE | ||
| WELLBRIETY FOR HEALER AND HELPERS | |||||||
| 3179 264TH AVE | WAUBUN | MN | 56589 | 2900 | STATE FILING TO SET UP NON-PROFIT | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION IS INVOLVED TO THE EXTENT NECESSARY TO DETERMINE THE USE OF ANY GRANT FUNDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARLEN KANGAS | ||||||||||||||
| PRESIDENT | 229788 | 0 | 180000 | 0 | 5470 | 0 | 50000 | 0 | 7580 | 0 | 472838 | 0 | 0 | 0 |
| KEITH KICKER | ||||||||||||||
| CHIEF FINANCIAL OFFICER | 137288 | 0 | 56000 | 0 | 0 | 0 | 0 | 0 | 5960 | 0 | 199248 | 0 | 0 | 0 |
| KEVIN SHIPLEY | ||||||||||||||
| SENIOR VICE PRESIDENT | 84287 | 58608 | 10000 | 0 | 0 | 0 | 0 | 85585 | 0 | 6981 | 94287 | 151174 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | THE ORGANIZATION HAS ENTERED INTO A DEFERRED COMPENSATION AGREEMENT TO PAY COMPENSATION TO ARLEN KANGAS IN THE AMOUNT OF $50,000 PER YEAR FOR FIVE YEARS STARTING ON DECEMBER 31, 2005 OR UPON RETIREMENT, WHICHEVER IS LATER. FOR EACH ADDITIONAL YEAR OF SERVICE, $50,000 PER YEAR WILL BE PAID. KEVIN SHIPLEY'S DEFERRED COMPENSATION FROM THE COMMUNITY DEVELOPMENT BANK WAS CALCULATED AS DETERMINED BY THEIR ESTABLISHED DEFERRED COMPENSATION PLAN. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD OF DIRECTORS HAS AN EXECUTIVE COMMITTEE CONSISTING ENTIRELY OF VOTING MEMBERS OF THE BOARD. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE POSSESSES AND MAY EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS IN ALL CASES IN WHICH SPECIFIC DIRECTION HAS NOT BEEN GIVEN BY THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 6 | ANY NATURAL PERSON IS ELIGIBLE FOR MEMBERSHIP IN THE CORPORATION IF (1) THEY ARE A RESIDENT OF THE IMPACT AREA, (2) THEY ARE OF THE AGE OF EIGHTEEN YEARS OR OLDER, (3) THEY INDICATE AN INTEREST AND DESIRE IN BECOMING A MEMBER BY SIGNING AND RETURNING TO THE SECRETARY OF THE ORGANIZATION A MEMBERSHIP APPLICATION FORM WHICH SPECIFIES THEIR RESIDENCE, AND (4) THEY CERTIFY ANNUALLY ON A FORM TO BE SENT TO THEIR LAST ADDRESS THAT THEY STILL DESIRE TO MAINTAIN THEIR MEMBERSHIP IN MMCDC. PAYMENT OF A REASONABLE MEMBERSHIP FEE IS REQUIRED AT INCEPTION OF MEMBERSHIP. THERE IS NO DIFFERENCE IN CLASSES OF MEMBERS; ALL MEMBERS ARE EQUIVALENT. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S BOARD OF DIRECTORS ARE APPOINTED BY A MAJORITY VOTE OF THE MEMBERS. ADDITIONALLY, ONE OF THESE BOARD MEMBER MUST BE APPROVED BY THE WHITE EARTH RESERVATION TRIBAL COUNCIL. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ORGANIZATION'S MEMBERS MUST APPROVE AMMENDMENTS TO THE ARTICLES OF INCORPORATION AND THE BOARD OF DIRECTORS APPROVE AMMENDMENTS TO THE BYLAWS OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF DIRECTORS REVIEWED THE FORM 990 BEFORE IT WAS FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH MMCDC'S CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST QUESTIONNAIRE IS REQUIRED TO BE COMPLETED ANNUALLY. ANY BUSINESS AND PROFESSIONAL ACTIVITIES IN WHICH THE INDIVIDUAL, OR A FAMILY MEMBER, IS ASSOCIATED WITH IS DISCLOSED. IF ANY CONFLICT OF INTEREST HAS OCCURRED IT IS TO BE NOTED AND DESCRIBED ON THE QUESTIONNAIRE. MMCDC'S VP/ADMINISTRATION ASSURES QUESTIONNAIRES ARE COMPLETED BY ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND STAFF. THE PRESIDENT OF MMCDC MAKES THE DETERMINATION OF WHETHER A CONFLICT EXISTS, WITH INPUT FROM OTHER MMCDC MANAGEMENT STAFF. IF A CONFLICT EXISTS, RESTRICTIONS MAY INCLUDE MAKING SURE THAT THAT INDIVIDUAL, IF A BOARD MEMBER, ABSTAINS ON VOTES WHICH CONCERN THE CONFLICT. INDIVIDUALS MAY ALSO BE ASKED TO NOT BE PRESENT DURING CERTAIN DISCUSSIONS OR PRESENTATIONS. FALIURE TO DISCLOSE CONFLICTS IS GROUNDS FOR TERMINATION OF A DIRECTOR OR COMMITTEE MEMBER, AND DISCIPLINE OR TERMINATION OF A STAFF PERSON. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PERSONNEL COMMITTEE, COMPRISED OF SEVERAL BOARD MEMBERS, DETERMINES COMPENSATION FOR THE PRESIDENT. THE PRESIDENT, WITH REVIEW BY THE PERSONNEL COMMITTEE, DETERMINES COMPENSATION FOR OTHER OFFICERS AND STAFF. THE PROCESS WAS LAST PERFORMED IN 2012. THE ORGANIZATION HAS REVIEWED DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS WHEN DETERMINING COMPENSATION LEVELS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 9: | ACQUISITION OF NON-CONTROLLING INTEREST -74,945. DEVELOPER FEE IN BUILDING BASIS OF CONTROLLED ENTITY -35,631. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| PARTNERSHIP TO SUPPLY AFFORDABLE HOUSING | |||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 411877604 | RENTAL MANAGEMENT | MN | 250107 | 24653 | N/A |
| ELEVENTH AVENUE APARTMENTS | |||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 411731046 | RESIDENTIAL RENTAL | MN | 102916 | 323795 | N/A |
| MAHNOMEN BAKED CHIPS LLC | |||||||||
| 850 EAST ADAMS AVENUE | MAHNOMEN | MN | 56557 | 260646172 | MANUFACTURING | MN | 2656 | 2832829 | N/A |
| BARBARA AVENUE APARTMENTS | |||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 411797905 | RESIDENTIAL RENTAL | MN | 72663 | 204113 | N/A |
| EASTSIDE PARTNERS | |||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 450435687 | RESIDENTIAL RENTAL | MN | 49467 | 128453 | N/A |
| MEADOW RUN APARTMENTS | |||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 411825316 | RESIDENTIAL RENTAL | MN | 69938 | 257161 | N/A |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITE EARTH INVESTMENT INITIATIVE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 407 EAST MAIN STREETET | AddressLine1 |
| City | OGEMA | City |
| State | MN | State |
| ZIP Code | 56569 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010732253 | EIN |
| Primary Activities | COMMUNITY, ECONOMIC, AND HOUSING DEVELOPMENT | PrimaryActivities |
| Legal Domicile State | MN | LegalDomicileState |
| Exempt Code Section | 501(C)3 | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MMCDC BLACKDUCK LP | ||||||||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 204703096 | RESIDENTIAL RENTAL | MN | BLACKDUCK TOWNHOMES LLC | RELATED | -10 | 2174673 | 0 | 1 | 0.00010 | |
| GRAYSTONE ANNEX LP | ||||||||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 412012930 | RESIDENTIAL RENTAL | MN | RELATED | -5 | 1875966 | 0 | 1 | 0.00010 | N/A | |
| BLACKDUCK TOWNHOMES LLC | ||||||||||||||
| 119 GRAYSTONE PLAZA | DETROIT LAKES | MN | 56501 | 262177359 | RESIDENTIAL RENTAL | MN | RELATED | 62434 | 0 | 1 | 1.00000 | N/A | ||
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CDC BANCSHARES | |||||||||||||
| 516 MAIN STREET | OGEMA | MN | 56569 | 412004916 | BANK HOLDING COMPANY | MN | N/A | C | 2838970 | 72329801 | 0.61330 | 1 | |
| COMMUNITY DEVELOPMENT BANK FSB | |||||||||||||
| 516 MAIN STREET | OGEMA | MN | 56569 | 410455130 | SAVINGS BANK | MN | C | 2782845 | 72325422 | 0.61330 | 1 | CDC BANCSHARES | |
| COMMUNITY DEVELOPMENT INSURANCE SERVICES LLC | |||||||||||||
| 516 MAIN STREET | OGEMA | MN | 56569 | 205313010 | INSURANCE AGENCY | MN | C | 92131 | 15411 | 0.61330 | 1 | CDC BANCSHARES | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEADOW RUN TOWNHOMES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 74761 | AmountInvolved |
| Method Of Amt Determination | FAIR MARKET VALUE | MethodOfAmtDetermination |
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