Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
990 • Fiscal year 2021 • EIN 20-4361698
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Up$11,978,252
Up $1,399,719 (+13%) from 2020
Net Assets
Up$4,668,857
Up $364,744 (+8.5%) from 2020
Liabilities
Up$7,309,395
Up $1,034,975 (+16%) from 2020
Revenue
Down$801,378
Down $297,187 (-27%) from 2020
Expenses
Down$436,634
Down $174,630 (-29%) from 2020
Net Income
Down$364,744
Down $122,557 (-25%) from 2020
Place is a national nonprofit organization that helps communities create state-of-the-art buildings and more, entire neighborhoods that bring together the arts, environmentalism and social justice.
To build a sustainable, just, and inspiring world, one community at a time.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $7,395,020 | $8,459,823 | ▲ $1,064,803 |
| Accounts Receivable | $1,508,255 | $2,353,155 | ▲ $844,900 |
| Other Notes and Loans Receivable, Net | $1,163,576 | $1,163,576 | → $0 |
| Loans From Officers Directors | $2,096,445 | $861,013 | ▼ $1,235,432 |
| Pledges and Grants Receivable | $500,000 | - | - |
| Cash and Non-Interest-Bearing Accounts | $10,438 | $1,289 | ▼ $9,149 |
| Land, Buildings, and Equipment, Net | $1,244 | $409 | ▼ $835 |
| Total Assets | $10,578,533 | $11,978,252 | ▲ $1,399,719 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,401,820 | $4,676,935 | ▲ $2,275,115 |
| Mortgage Notes Payable Secured by Investment Property | $1,641,147 | $1,636,439 | ▼ $4,708 |
| Unsecured Notes Loans Payable | $134,193 | $134,193 | → $0 |
| Other Liabilities | $815 | $815 | → $0 |
| Total Liabilities | $6,274,420 | $7,309,395 | ▲ $1,034,975 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,304,113 | $4,668,857 | ▲ $364,744 |
| Total Net Assets Fund Balance | $4,304,113 | $4,668,857 | ▲ $364,744 |
| Total Liabilities and Net Assets / Fund Balance | $10,578,533 | $11,978,252 | ▲ $1,399,719 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $409 | $22,256 | $22,665 |
| Investment Program Related Org | $3,243,085 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Chris Velasco | President/executive Director | FT | $20,000 | $3,600 | $23,600 |
| Elizabeth Bowling | Director | FT | $20,000 | $3,600 | $23,600 |
| Name | Title |
|---|---|
| Garth Rockcastle | Co-vice President |
| Kerri Stahlecker | Co-vice President |
| Charles L Raison Md | Director |
| Jonathan Pearlstein | Director |
| Stacy Glovka | Director |
| Emily Monarez | Co-secretary |
| Romulo E Samaniego | Co-secretary |
| Brent Webb | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $270,424 |
| Other Expenses | $166,210 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $183,424 | $22,671 | - | $206,095 |
| Interest | $76,095 | $9,405 | - | $85,500 |
| Current Officers, Directors, Trustees, and Key Employees | $42,008 | $5,192 | - | $47,200 |
| Office Expenses | $20,984 | $2,594 | - | $23,578 |
| Fees for Services Accounting | - | $18,509 | - | $18,509 |
| Payroll Taxes | $15,245 | $1,884 | - | $17,129 |
| Occupancy | $15,167 | $1,875 | - | $17,042 |
| Fees for Services Other | $4,432 | $548 | - | $4,980 |
| Insurance | $2,510 | $310 | - | $2,820 |
| Travel | $2,268 | $280 | - | $2,548 |
| Other Expenses | $843 | $104 | - | $947 |
| Depreciation Depletion | $743 | $92 | - | $835 |
| Advertising | $629 | $78 | - | $707 |
| Total Functional Expenses | $370,586 | $66,048 | $0 | $436,634 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $2,096,445 | $861,013 | ▼ $1,235,432 |
| Liability | Amount |
|---|---|
| Fiscal Agent Funds | $815 |
“Chris velasco (president) and elizabeth bowling (founding board member) have a family relationship.”
“Form 990 will be reviewed in detail by the president and treasurer, and will be circulated to the entire board of directors prior to filing.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.”
“The process for executive compensation review has not occurred in five years due to the financial position of the organization. In the past, the president/executive director makes a request and presents data, he and elizabeth bowling recuse themselves from board discussions, the board reviews the data and conducts a performance review discussion and independent investigation of compensation, minutes are preserved and the board then votes.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.”
“Place is a minnesota nonprofit corporation and is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable minnesota statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. Management believes the organization did not have any unrelated business income. Management continually evaluates tax positions reflected in its tax filings and does not believe it has taken any uncertain tax positions. The partnership and slp company are not taxable entities.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2401820 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4676935 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1508255 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2353155 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO BUILD A SUSTAINABLE, JUST, AND INSPIRING WORLD, ONE COMMUNITY AT A TIME. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 78 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 629 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 707 |
| IRS990/AllOtherContributionsAmt | 0 | 74425 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6123093889 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 729 N WASHINGTON AVE SUITE 600 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55401 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 10438 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1289 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 5192 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 42008 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 47200 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 157713 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5518 |
| IRS990/CYOtherExpensesAmt | 0 | 166210 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 638147 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 364744 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 270424 |
| IRS990/CYTotalExpensesAmt | 0 | 436634 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 801378 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 92 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 743 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 835 |
| IRS990/Desc | 0 | PLACE WORKS WITH LOCAL GOVERNMENTS, FOUNDATIONS, AND COMMUNITY MEMBERS TO CREATE SUSTAINABLE, AFFORDABLE, MIXED-USE, MIXED-INCOME NEIGHBORHOODS FOR ARTISTS, UNDER-SERVED POPULATIONS FACING VARIOUS LIFE CHALLENGES, NONPROFIT ORGANIZATIONS, AND CREATIVE BUSINESSES. WITH PLACE'S GUIDANCE, THESE NEIGHBORHOODS WILL BE CREATED WITH VIGOROUS PUBLIC DIALOG, BUILT TO THE HIGHEST ENVIRONMENTAL STANDARDS, AND FILLED WITH PEOPLE FROM ALL BACKGROUNDS AND ECONOMIC CIRCUMSTANCES. THE PLACE TEAM ASSISTS ITS COMMUNITIES WITH EVERY ASPECT OF THE PROJECT FROM VISIONING TO PLANNING, FROM DESIGN TO FUNDING, FROM CONSTRUCTION TO SERVICE COORDINATION AND PROJECT MAINTENANCE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 370586 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 18509 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 18509 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 548 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 4432 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 4980 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 3600 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 3600 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRIS VELASCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GARTH ROCKCASTLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KERRI STAHLECKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRENT WEBB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | EMILY MONAREZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROMULO E SAMANIEGO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ELIZABETH BOWLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | STACY GLOVKA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JONATHAN PEARLSTEIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CHARLES L RAISON MD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 20000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 20000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT/EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CO-VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CO-SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CO-SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 500 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 83288 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 500 |
| IRS990/GrossReceiptsAmt | 0 | 801378 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 310 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2510 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2820 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 9405 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 76095 |
| IRS990/InterestGrp/TotalAmt | 0 | 85500 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5018 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5018 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 7395020 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 8459823 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 22256 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1244 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 409 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 22665 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 2096445 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 861013 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PLACE IS A NATIONAL NONPROFIT ORGANIZATION THAT HELPS COMMUNITIES CREATE ENTIRE NEIGHBORHOODS THAT BRING TOGETHER THE ARTS, ENVIRONMENTALISM AND SOCIAL JUSTICE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1641147 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1636439 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4304113 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4668857 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 500 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 500 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4304113 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4668857 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1875 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 15167 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 17042 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2594 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 20984 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 23578 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBTS |
| IRS990/OtherExpensesGrp/Desc | 2 | LICENSE AND FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 769 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1737 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 104 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 6238 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 843 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 7007 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1737 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 947 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 815 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 815 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 22671 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 183424 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 206095 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1163576 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1163576 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1884 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 15245 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17129 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 500000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | CHRIS VELASCO |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM LOAN INTEREST |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | AFFORDABLE HOUSING SAL |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TECHNICAL ASSISTANCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | PARTNERSHIP FEE |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | LOSS IN SLP INVESTMENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 342563 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 223501 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 55003 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 18344 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | -1264 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 342563 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 223501 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 55003 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 18344 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | -1264 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 708957 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 252654 |
| IRS990/PYOtherRevenueAmt | 0 | 504 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 389104 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 487301 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 358610 |
| IRS990/PYTotalExpensesAmt | 0 | 611264 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1098565 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 364744 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 638147 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 157713 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 708957 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 169249 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2030648 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 109493 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3176060 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 5018 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5000 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 15018 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 3313590 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97250 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99220 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 3103482 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 72578 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 157713 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 708957 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 169249 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2030648 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 109493 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3176060 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3191078 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 409 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 22256 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 22665 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 5216738 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 3243085 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | NOTES RECEIVABLE & ACCRUED INTEREST - WAV APT |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | INVESTMENTS IN LLCS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 815 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FISCAL AGENT FUNDS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | PLACE IS A MINNESOTA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN ITS TAX FILINGS AND DOES NOT BELIEVE IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS. THE PARTNERSHIP AND SLP COMPANY ARE NOT TAXABLE ENTITIES. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 409 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 8459823 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 815 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 861013 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | OPERATING EXPENSES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 66119 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | ELIZABETH BOWLING |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR ON THE BOARD |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 861013 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CHRIS VELASCO (PRESIDENT) AND ELIZABETH BOWLING (FOUNDING BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 WILL BE REVIEWED IN DETAIL BY THE PRESIDENT AND TREASURER, AND WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PROCESS FOR EXECUTIVE COMPENSATION REVIEW HAS NOT OCCURRED IN FIVE YEARS DUE TO THE FINANCIAL POSITION OF THE ORGANIZATION. IN THE PAST, THE PRESIDENT/EXECUTIVE DIRECTOR MAKES A REQUEST AND PRESENTS DATA, HE AND ELIZABETH BOWLING RECUSE THEMSELVES FROM BOARD DISCUSSIONS, THE BOARD REVIEWS THE DATA AND CONDUCTS A PERFORMANCE REVIEW DISCUSSION AND INDEPENDENT INVESTIGATION OF COMPENSATION, MINUTES ARE PRESERVED AND THE BOARD THEN VOTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | PLACE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | PLACE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 2 | PLACE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | WAV PARTNERS LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | CREST OF THE WAV PARTNERS LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | PLACE E-GENERATION ONE LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 0 | 204361698 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 1 | 204361698 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 2 | 204361698 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 1 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 2 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | CA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 1 | CA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 2 | DE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | RENTAL REAL ESTATE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 1 | RENTAL REAL ESTATE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 2 | RENTAL REAL ESTATE |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.