Civic Intelligence

Albert Lea Trades & Labor Assembly Senior Housing Inc

990 • Fiscal year 2020 • EIN 23-7001339

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 19, 2021

Organization ProfileWWW.ALBERTLEASENIORHOUSING.COM

Refreshing map…

915 Maplehill DriveAlbert Lea, MN 56007

(507) 373-5391

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.27x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

2.16x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Net Margin

48th percentile

8.1%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$45,650

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

2.9%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-3.3%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$1,909,701

Up $54,618 (+2.9%) from 2019

Net Assets

Up

-$519,127

Up $90,746 (+15%) from 2019

Liabilities

Down

$2,428,828

Down $36,128 (-1.5%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin48th percentile

Revenue

Down

$1,125,485

Down $38,069 (-3.3%) from 2019

Expenses

Down

$1,034,739

Down $77,003 (-6.9%) from 2019

Net Income

Up

$90,746

Up $38,934 (+75%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,661,244Liabilities 2010: $2,955,322Net Assets 2010: -$294,0782010Assets 2011: $2,554,169Liabilities 2011: $2,903,645Net Assets 2011: -$349,4762011Assets 2012: $2,524,617Liabilities 2012: $2,878,590Net Assets 2012: -$353,9732012Assets 2013: $2,460,398Liabilities 2013: $2,865,374Net Assets 2013: -$404,9762013Assets 2014: $2,323,101Liabilities 2014: $2,804,096Net Assets 2014: -$480,9952014Assets 2015: $2,221,676Liabilities 2015: $2,798,182Net Assets 2015: -$576,5062015Assets 2016: $2,089,057Liabilities 2016: $2,750,297Net Assets 2016: -$661,2402016Assets 2017: $1,879,831Liabilities 2017: $2,576,982Net Assets 2017: -$697,1512017Assets 2018: $1,894,066Liabilities 2018: $2,555,751Net Assets 2018: -$661,6852018Assets 2019: $1,855,083Liabilities 2019: $2,464,956Net Assets 2019: -$609,8732019Assets 2020: $1,909,701Liabilities 2020: $2,428,828Net Assets 2020: -$519,1272020Assets 2021: $2,039,488Liabilities 2021: $2,380,867Net Assets 2021: -$341,3792021Assets 2022: $2,053,967Liabilities 2022: $2,367,910Net Assets 2022: -$313,9432022Assets 2024: $2,347,481Liabilities 2024: $2,323,525Net Assets 2024: $23,9562024

Highlighted filing

2020

Assets$1,909,701
Liabilities$2,428,828
Net Assets-$519,127
Open 2020 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $933,8132010Expenses 2011: $965,7052011Expenses 2012: $939,0322012Expenses 2013: $1,028,9352013Revenue 2014: $963,569Expenses 2014: $1,039,588Net Income 2014: -$76,0192014Revenue 2015: $965,180Expenses 2015: $1,060,691Net Income 2015: -$95,5112015Revenue 2016: $967,498Expenses 2016: $1,052,232Net Income 2016: -$84,7342016Revenue 2017: $965,258Expenses 2017: $1,001,169Net Income 2017: -$35,9112017Revenue 2018: $1,108,697Expenses 2018: $1,073,231Net Income 2018: $35,4662018Revenue 2019: $1,163,554Expenses 2019: $1,111,742Net Income 2019: $51,8122019Revenue 2020: $1,125,485Expenses 2020: $1,034,739Net Income 2020: $90,7462020Revenue 2021: $1,180,337Expenses 2021: $1,002,589Net Income 2021: $177,7482021Revenue 2022: $1,150,938Expenses 2022: $1,123,502Net Income 2022: $27,4362022Revenue 2024: $1,391,779Expenses 2024: $1,194,027Net Income 2024: $197,7522024

Highlighted filing

2020

Revenue$1,125,485
Expenses$1,034,739
Net Income$90,746
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 19, 2021
Return Version
2019v5.2
Gross Receipts
$1,125,485
Mission and Program Overview

Mission

To provide subsidized rental housing for persons with elderly and low income qualifications

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,169,605$1,297,396▲ $127,791
Cash and Non-Interest-Bearing Accounts$91,127$98,717▲ $7,590
Savings and Temporary Cash Investments-$68,703-
Prepaid Expenses and Deferred Charges$36,303$41,503▲ $5,200
Total Assets$1,855,083$1,909,701▲ $54,618
Other Assets Total$558,048$403,382▼ $154,666
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,388,863$2,342,795▼ $46,068
Escrow Account Liability$41,238$54,129▲ $12,891
Accounts Payable and Accrued Expenses$34,855$31,904▼ $2,951
Total Liabilities$2,464,956$2,428,828▼ $36,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-609,873$-519,127▲ $90,746
Total Net Assets Fund Balance$-609,873$-519,127▲ $90,746
Total Liabilities and Net Assets / Fund Balance$1,855,083$1,909,701▲ $54,618

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$977,913$5,271,754$6,249,667
Equipment$265,302$310,762$576,064
Land$54,181-$54,181
Other Assets Org$7--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dennis HambergManagerFT$45,650$45,650
Jessica HaukoosManagerFT$35,927$35,927
Helen HambergManagerFT$28,323$28,323
Michael HambergManagerFT$5,775$5,775

Board Members and Trustees

NameTitle
Milton OstChair
Diane LandaasVice-chair
Bill AveryDirector
Bill BuegeDirector
Frank WakefieldDirector
Ken BertelsonDirector
Mark AndersonDirector
Richard ChapmanSecretary
Theresa KnudstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,115,041
Investment Income
$329
Other Revenue
$10,115
Change in Net Assets
$90,746

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,125,485
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,125,485
Total Revenue per Form 990
$1,125,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$897,609
Salaries, Compensation, and Employee Benefits$137,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$284,768$12,516-$297,284
Interest$151,511--$151,511
Depreciation Depletion$150,387--$150,387
Fees for Services Management-$83,896-$83,896
Current Officers, Directors, Trustees, and Key Employees-$72,765-$72,765
Office Expenses$31,754$12,726-$44,480
Other Salaries and Wages$39,910--$39,910
Fees for Services Accounting-$21,242-$21,242
Other Employee Benefits$5,483$10,184-$15,667
Payroll Taxes$3,076$5,712-$8,788
Advertising-$2,429-$2,429
Other Expenses$1,494$32,496-$1,494
Total Functional Expenses$780,773$253,966$0$1,034,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,034,739
Total Expenses per Audited Statements$1,034,739
Total Expenses per Form 990$1,034,739
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following individuals are related parties that serve as managers through the organization: helen hamberg, jessica hamberg, dennis hamberg - family relationship”

Form 990, Part VI, Section A, Line 3

“The organization is managed by lifestyles inc. All financial and operational decisions are managed by lifestyles.”

Form 990, Part VI, Section A, Line 6

“The members of the corporation shall be those persons who are members of the albert lea trades and labor assembly, afl & cio. The members of the corporation shall all be the same class, shall have no rights in the any of the properties of the corporation and each shall have one vote at the meetings of the members of the corporation.”

Form 990, Part VI, Section A, Line 7A

“The board of directors shall be elected at the annual meeting of the members by a majority vote of those present.”

Form 990, Part VI, Section A, Line 7B

“The incorporation may be amended only upon the affirmative vote of two-thirds of the members present at a regular or special meeting of the membership.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees that have authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The board of directors passed a motion to have the board chairman review and approve the 990 prior to being submitted to the irs.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Albert Lea Trades & Labor Assembly
EIN
23-7001339
Phone
5073735391
Address
915 MAPLEHILL DRIVE, ALBERT LEA, MN 56007

Signing Officer

Name
Milton Ost
Title
Board Chair
Phone
5073735391
Signed
2021-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Milton Ost
Formed
1971
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
121 WEST BRIDGE STREET, OWATONNA, MN 55060
Preparer
Trent Fast
Phone
5074467100
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 13A

“MN”

FORM 990, PART XII, LINE 2C:

“Form 990, part xii, line 2c: the board of directors assume responsibility for oversight of the audit of its financial statements and the selection of its independent accountant.”

Financial Statement Notes

PART IV, LINE 2B:

“The project holds in trust, security deposits advanced by the tenants of the project. The project records these deposits plus interest as an asset and a related liability.”

PART X, LINE 2:

“Albert lea trades and labor senior housing, inc. Has been granted exempt status relative to federal and state corporate income taxes under section 501(c)(4) of the internal revenue code and applicable state codes. The project follows the income tax standard for uncertain tax positions. No liability has been recognized as a result of this standard. The project files as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.”

Raw XML AppendixShowing 400 of 434 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-609873
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-519127
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012516
IRS990/OccupancyGrp/ProgramServicesAmt0284768
IRS990/OccupancyGrp/TotalAmt0297284
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012726
IRS990/OfficeExpensesGrp/ProgramServicesAmt031754
IRS990/OfficeExpensesGrp/TotalAmt044480
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0558048
IRS990/OtherAssetsTotalGrp/EOYAmt0403382
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010184
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05483
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015667
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS INSURANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT REPAIR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032496
IRS990/OtherExpensesGrp/ProgramServicesAmt063063
IRS990/OtherExpensesGrp/ProgramServicesAmt136814
IRS990/OtherExpensesGrp/ProgramServicesAmt212513
IRS990/OtherExpensesGrp/ProgramServicesAmt31494
IRS990/OtherExpensesGrp/TotalAmt095559
IRS990/OtherExpensesGrp/TotalAmt136814
IRS990/OtherExpensesGrp/TotalAmt212513
IRS990/OtherExpensesGrp/TotalAmt31494
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt010115
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010115
IRS990/OtherRevenueTotalAmt010115
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039910
IRS990/OtherSalariesAndWagesGrp/TotalAmt039910
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05712
IRS990/PayrollTaxesGrp/ProgramServicesAmt03076
IRS990/PayrollTaxesGrp/TotalAmt08788
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036303
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041503
IRS990/PrincipalOfficerNm0MILTON OST
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1812300
IRS990/ProgramServiceRevenueGrp/Desc0SUBSIDIZED RENTAL HOUS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01096631
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01096631
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118410
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0755
IRS990/PYOtherExpensesAmt0981590
IRS990/PYOtherRevenueAmt010055
IRS990/PYProgramServiceRevenueAmt01152744
IRS990/PYRevenuesLessExpensesAmt051812
IRS990/PYSalariesCompEmpBnftPaidAmt0130152
IRS990/PYTotalExpensesAmt01111742
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01163554
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt090746
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01115041
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068703
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0977913
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05271754
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06249667
IRS990ScheduleD/EquipmentGrp/BookValueAmt0265302
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0310762
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0576064
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01034739
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt054181
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt054181
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt054389
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1348986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt27
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RESERVES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01125485
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT HOLDS IN TRUST, SECURITY DEPOSITS ADVANCED BY THE TENANTS OF THE PROJECT. THE PROJECT RECORDS THESE DEPOSITS PLUS INTEREST AS AN ASSET AND A RELATED LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ALBERT LEA TRADES AND LABOR SENIOR HOUSING, INC. HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE PROJECT FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED AS A RESULT OF THIS STANDARD. THE PROJECT FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01297396
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0403382
IRS990ScheduleD/TotalExpensesPerForm990Amt01034739
IRS990ScheduleD/TotalRevenuePerForm990Amt01125485
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01125485
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01034739
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOLLOWING INDIVIDUALS ARE RELATED PARTIES THAT SERVE AS MANAGERS THROUGH THE ORGANIZATION: HELEN HAMBERG, JESSICA HAMBERG, DENNIS HAMBERG - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS MANAGED BY LIFESTYLES INC. ALL FINANCIAL AND OPERATIONAL DECISIONS ARE MANAGED BY LIFESTYLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE CORPORATION SHALL BE THOSE PERSONS WHO ARE MEMBERS OF THE ALBERT LEA TRADES AND LABOR ASSEMBLY, AFL & CIO. THE MEMBERS OF THE CORPORATION SHALL ALL BE THE SAME CLASS, SHALL HAVE NO RIGHTS IN THE ANY OF THE PROPERTIES OF THE CORPORATION AND EACH SHALL HAVE ONE VOTE AT THE MEETINGS OF THE MEMBERS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS BY A MAJORITY VOTE OF THOSE PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE INCORPORATION MAY BE AMENDED ONLY UPON THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE MEMBERS PRESENT AT A REGULAR OR SPECIAL MEETING OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS PASSED A MOTION TO HAVE THE BOARD CHAIRMAN REVIEW AND APPROVE THE 990 PRIOR TO BEING SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 13A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01855083
IRS990/TotalAssetsEOYAmt01909701
IRS990/TotalAssetsGrp/BOYAmt01855083
IRS990/TotalAssetsGrp/EOYAmt01909701
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0253966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0780773
IRS990/TotalFunctionalExpensesGrp/TotalAmt01034739
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02464956
IRS990/TotalLiabilitiesEOYAmt02428828
IRS990/TotalLiabilitiesGrp/BOYAmt02464956
IRS990/TotalLiabilitiesGrp/EOYAmt02428828
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-609873
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-519127
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0780773
IRS990/TotalProgramServiceRevenueAmt01115041
IRS990/TotalReportableCompFromOrgAmt0115675
IRS990/TotalRevenueGrp/ExclusionAmt010444
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01115041
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01125485
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01855083
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01909701
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0915 MAPLEHILL DRIVE
IRS990/USAddress/CityNm0ALBERT LEA
IRS990/USAddress/StateAbbreviationCd0MN

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,909,701
Liabilities
$2,428,828
Net assets
-$519,127
Revenue
$1,125,485
Expenses
$1,034,739
Net income
$90,746
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$2.32$0.02$1.39$1.19$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$2.37$0.31$1.15$1.12$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$2.38$0.34$1.18$1.00$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.91$2.43$0.52$1.13$1.03$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$2.46$0.61$1.16$1.11$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$2.56$0.66$1.11$1.07$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$2.58$0.70$0.97$1.00$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.09$2.75$0.66$0.97$1.05$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.22$2.80$0.58$0.97$1.06$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.32$2.80$0.48$0.96$1.04$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$2.87$0.40$1.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$2.88$0.35$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$2.90$0.35$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$2.96$0.29$0.93