EDINA REALTY FOUNDATION: Form 990PF, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- EDINA REALTY FOUNDATION (EIN 41-1826980)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-02-04
- IRS object ID
- 201120359349100002
- Schema version
- 2009v1.7
- 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 | 2011-02-04T09:43:31-06:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBER & DEEGAN LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7211 OHMS LANE | AddressLine1 |
| City | EDINA | City |
| State | MN | State |
| ZIP Code | 55439 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411826980 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDINA REALTY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EDIN | NameControl |
| Phone | 9529285000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6800 FRANCE AVE S | AddressLine1 |
| Address Line2 | ROOM/SUITE 600 | AddressLine2 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554352017 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | AMY KLEINSCHMIDT | Name |
| Title | DIRECTOR | Title |
| Phone | 9529285000 | Phone |
| Date Signed | 2011-01-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL P DEEGAN | Name |
| Phone | 9529206186 | Phone |
| Date Prepared | 2011-02-04 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 393954 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 291855 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 34 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 34 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 34 | InterestOnSavingsAdjNetIncm |
| Total Revenue And Expenses | 291889 | TotalRevenueAndExpenses |
| Total Net Investment Income | 34 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 34 | TotalAdjustedNetIncome |
| Accounting Fees Rev And Expnss | 3700 | AccountingFeesRevAndExpnss |
| Other Expenses Rev And Expnss | 7970 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 11670 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 381412 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 381412 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 393082 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 381412 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -101193 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 34 | NetInvestmentIncome |
| Adjusted Net Income | 34 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 407831 | CashBOY |
| Cash EOY | 390571 | CashEOY |
| Cash EOYFMV | 390571 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 82764 | SavingsAndTempCashInvstBOY |
| Pledges Receivable | 3383 | PledgesReceivable |
| Pledges Receivable BOY | 4552 | PledgesReceivableBOY |
| Pledges Receivable EOY | 3383 | PledgesReceivableEOY |
| Pledges Receivable EOYFMV | 3383 | PledgesReceivableEOYFMV |
| Total Assets BOY | 495147 | TotalAssetsBOY |
| Total Assets EOY | 393954 | TotalAssetsEOY |
| Total Assets EOYFMV | 393954 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 495147 | UnrestrictedBOY |
| Unrestricted EOY | 393954 | UnrestrictedEOY |
| Total Net Assets BOY | 495147 | TotalNetAssetsBOY |
| Total Net Assets EOY | 393954 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 495147 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 393954 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 495147 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -101193 | ExcessOfRevenueOverExpenses |
| Subtotal | 393954 | Subtotal |
| Total Net Assets Fund Balances EOY | 393954 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 344784 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 435153 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.792328 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 342015 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 498757 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.685735 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 439679 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 532972 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.824957 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 556533 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 611776 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.909701 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 415930 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 626455 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.663942 | DistributionRatioYear5 |
| Total Distribution Ratio | 3.876663 | TotalDistributionRatio |
| Average Distribution Ratio | 0.775333 | AverageDistributionRatio |
| Net Noncharitable Assets | 389890 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 302295 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 302295 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 381412 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MN | StatesFiledWith |
| States Filed With | WI | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | AMY KLEINSCHMIDT | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 9529285412 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6800 FRANCE AVE S STE 200 | AddressLine1 |
| City | EDINA | City |
| State | MN | State |
| ZIP Code | 554352107 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| SUSAN COWSERT | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| MICHELE CICI | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIR. VP CFO | 5.00 | 0 | 0 | 0 |
| MARC KUHNLEY | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| MARK CHRISTOPHERSON | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| DEBRA STUMNE | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| AMY KLEINSCHMIDT | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| SCOTT HARRIS | ||||||||
| 6800 FRANCE AVE S | EDINA | MN | 55435 | DIRECTOR | 5.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROVIDE FINANCIAL SUPPORT TO CHARITABLE ORGANIZATIONS THAT PROVIDE HOUSING AND SERVICES TO THE HOMELESS. 150 ORGANIZATIONS SUPPORTED IN 2010. | Description1 |
| Expenses1 | 11670 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 395827 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 395827 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 395827 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 5937 | CashDeemedCharitable |
| Net Noncharitable Assets | 389890 | NetNoncharitableAssets |
| Minimum Investment Return | 19495 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 381412 | ExpensesAndContributions |
| Qualifying Distributions | 381412 | QualifyingDistributions |
| Adj Qualifying Distributions | 381412 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 34 | CurrentYear |
| Year1 | 2994 | Year1 |
| Year2 | 13731 | Year2 |
| Year3 | 21779 | Year3 |
| Total | 38538 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 29 | CurrentYear |
| Year1 | 2545 | Year1 |
| Year2 | 11671 | Year2 |
| Year3 | 18512 | Year3 |
| Total | 32757 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 381412 | CurrentYear |
| Year1 | 344814 | Year1 |
| Year2 | 342015 | Year2 |
| Year3 | 439897 | Year3 |
| Total | 1508138 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 381412 | CurrentYear |
| Year1 | 344814 | Year1 |
| Year2 | 342015 | Year2 |
| Year3 | 439897 | Year3 |
| Total | 1508138 | Total |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 393954 | CurrentYear |
| Year1 | 495147 | Year1 |
| Year2 | 530776 | Year2 |
| Year3 | 567307 | Year3 |
| Total | 1987184 | Total |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 393954 | CurrentYear |
| Year1 | 495147 | Year1 |
| Year2 | 530776 | Year2 |
| Year3 | 567307 | Year3 |
| Total | 1987184 | Total |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | SUSAN COWSERT | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6800 FRANCE AVE S | AddressLine1 |
| Address Line2 | STE 625 | AddressLine2 |
| City | EDINA | City |
| State | MN | State |
| ZIP Code | 55435 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 9529285356 | RecipientPhoneNumber |
| Form And Info And Materials | COMPLETED GRANT AND TAX DETERMINATION LETTER | FormAndInfoAndMaterials |
| Submission Deadlines | N/A | SubmissionDeadlines |
| Restrictions On Awards | FUNDS ARE DISTRIBUTED TO ORGANIZATIONS SERVICING THE NEEDS OF THE HOMELESS. | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | SEE ATTACHED | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1 |
| City | SEE ATTACHED | City |
| State | MN | State |
| ZIP Code | 55439 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | SEE ATTACHED | RecipientRelationship |
| Recipient Foundation Status | PUBLIC | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | TO PROVIDE FINANCIAL SUPPORT | PurposeOfGrantOrContribution |
| Amount | $381,412 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 381412 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $34 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $34 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 34 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $3,700 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (6 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| EXPENSES | |
| DUES AND LICENSING | 183 |
| MISCELLANEOUS | 1550 |
| POSTAGE | 2517 |
| OFFICE SUPPLIES | 1553 |
| PROMOTIONAL ITEMS | 2167 |