Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Erskine Community Housing Inc
EIN 23-7245154 • 501(c)4 • Erskine, MN
Profile
To provide quality affordable housing to local residents.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Up$246,745
Up $19,341 (+8.5%) from 2023
Liabilities
Down$5,920
Down $703 (-11%) from 2023
Net Assets
Up$240,825
Up $20,044 (+9.1%) from 2023
Revenue
Up$107,054
Up $5,624 (+5.5%) from 2023
Expenses
Up$87,010
Up $6,796 (+8.5%) from 2023
Net Income
Down$20,044
Down $1,172 (-5.5%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $246,745
- Liabilities
- $5,920
- Net assets
- $240,825
- Revenue
- $107,054
- Expenses
- $87,010
- Net income
- $20,044
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Mar 13, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $111,903
Mission and Program Overview
Mission
To provide quality affordable housing to local residents.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE QUALITY AFFORDABLE HOUSING TO INDIVIDUALS IN THE LOCAL COMMUNITY. | - | $73,882 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEE HOAAS | President | - | $0 | - | - |
| DENTON NIKOLAYSON | Director | - | $0 | - | - |
| RANDY COOK | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Erskine Community Housing Inc
- EIN
- 23-7245154
- Phone
- 8005046093
- Address
- 22594 347TH STREET SE, ERSKINE, MN 56535
Signing Officer
- Name
- Lee Hoaas
- Title
- President
- Phone
- 2186376093
- Signed
- 2025-03-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Farmchek Services Inc
- Address
- PO BOX 358, BAGLEY, MN 56621
- Preparer
- Janelle M Nybo CPA
- Phone
- 2186946568
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 12 office exp 21 mileage reimb 267 interest expense 65 insurance 8,894 repair & maintenance 13,292 real estate taxes 7,700 miscellaneous expenses 179 contract admin expense 3,589 non-investment depreciation 3,078 total 37,097”
Form 990-ez, Part II, Line 24
“Equipment 60,974 65,237 less accumulated depreciation 39,231 42,309 replacement reserves 19,018 24,340 taxes and insurance escrow 6,630 7,898 total 47,391 55,166”
Form 990-ez, Part II, Line 26
“Deferred revenue 5,633 5,738 accrued interest 125 182 mortgage and other notes payable 865 0”
Raw XML Appendix107 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GREATER MN MANAGEMENT |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | GREATER MN MANAGEMENT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8005046093 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 22594 347TH STREET SE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ERSKINE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56535 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 49813 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 38216 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 4849 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 20044 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 13128 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 227404 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 246745 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | -4849 |
| IRS990EZ/GrossReceiptsAmt | 0 | 111903 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 68 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 130200 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 153363 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 220781 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 240825 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 220781 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 240825 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 36785 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LEE HOAAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DENTON NIKOLAYSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RANDY COOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 47391 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 55166 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37097 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOCAL RESIDENTS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 111835 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE QUALITY AFFORDABLE HOUSING TO INDIVIDUALS IN THE LOCAL COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 73882 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6623 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5920 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 87010 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 73882 |
| IRS990EZ/TotalRevenueAmt | 0 | 107054 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 12 OFFICE EXP 21 MILEAGE REIMB 267 INTEREST EXPENSE 65 INSURANCE 8,894 REPAIR & MAINTENANCE 13,292 REAL ESTATE TAXES 7,700 MISCELLANEOUS EXPENSES 179 CONTRACT ADMIN EXPENSE 3,589 NON-INVESTMENT DEPRECIATION 3,078 TOTAL 37,097 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EQUIPMENT 60,974 65,237 LESS ACCUMULATED DEPRECIATION 39,231 42,309 REPLACEMENT RESERVES 19,018 24,340 TAXES AND INSURANCE ESCROW 6,630 7,898 TOTAL 47,391 55,166 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DEFERRED REVENUE 5,633 5,738 ACCRUED INTEREST 125 182 MORTGAGE AND OTHER NOTES PAYABLE 865 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LEE HOAAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2186376093 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ERSKINE COMMUNITY HOUSING INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ERSK |
| ReturnHeader/Filer/EIN | 0 | 237245154 |
| ReturnHeader/Filer/PhoneNum | 0 | 8005046093 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 22594 347TH STREET SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ERSKINE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56535 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411386950 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FARMCHEK SERVICES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 358 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BAGLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56621 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2186946568 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JANELLE M NYBO CPA |
| ReturnHeader/ReturnTs | 0 | 2025-03-17T14:28:17-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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