Civic Intelligence

Riverton Community Housing

990 • Fiscal year 2017 • EIN 23-7259966

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

425 13th Ave SEMinneapolis, MN 55414-2065

(612) 331-3911

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

6.15x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$144,057

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

40th percentile

2.4%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

22%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$32,288,194

Up $760,593 (+2.4%) from 2016

Net Assets

Up

$1,666,264

Up $1,166,594 (+233%) from 2016

Liabilities

Down

$30,621,930

Down $406,001 (-1.3%) from 2016

Revenue

Up

$4,981,466

Up $895,092 (+22%) from 2016

Expenses

Up

$3,795,669

Up $182,253 (+5.0%) from 2016

Net Income

Up

$1,185,797

Up $712,839 (+151%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $31,425,896Liabilities 2010: $31,705,946Net Assets 2010: -$280,0502010Assets 2011: $20,316,551Liabilities 2011: $20,402,417Net Assets 2011: -$85,8662011Assets 2012: $20,278,784Liabilities 2012: $20,204,974Net Assets 2012: $73,8102012Assets 2013: $20,136,824Liabilities 2013: $19,862,195Net Assets 2013: $274,6292013Assets 2015: $31,540,142Liabilities 2015: $31,509,341Net Assets 2015: $30,8012015Assets 2016: $31,527,601Liabilities 2016: $31,027,931Net Assets 2016: $499,6702016Assets 2017: $32,288,194Liabilities 2017: $30,621,930Net Assets 2017: $1,666,2642017Assets 2018: $51,838,736Liabilities 2018: $49,600,423Net Assets 2018: $2,238,3132018Assets 2019: $52,315,009Liabilities 2019: $49,988,201Net Assets 2019: $2,326,8082019Assets 2020: $52,152,152Liabilities 2020: $49,270,505Net Assets 2020: $2,881,6472020Assets 2021: $52,771,886Liabilities 2021: $48,845,535Net Assets 2021: $3,926,3512021Assets 2022: $51,048,944Liabilities 2022: $46,716,398Net Assets 2022: $4,332,5462022Assets 2023: $50,682,600Liabilities 2023: $46,368,411Net Assets 2023: $4,314,1892023Assets 2024: $48,131,968Liabilities 2024: $43,929,906Net Assets 2024: $4,202,0622024

Highlighted filing

2017

Assets$32,288,194
Liabilities$30,621,930
Net Assets$1,666,264

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,913,3672010Expenses 2011: $2,131,2262011Expenses 2012: $2,053,5312012Expenses 2013: $2,010,7922013Revenue 2015: $3,114,933Expenses 2015: $3,678,686Net Income 2015: -$563,7532015Revenue 2016: $4,086,374Expenses 2016: $3,613,416Net Income 2016: $472,9582016Revenue 2017: $4,981,466Expenses 2017: $3,795,669Net Income 2017: $1,185,7972017Revenue 2018: $4,591,879Expenses 2018: $3,959,476Net Income 2018: $632,4032018Revenue 2019: $5,045,570Expenses 2019: $5,022,775Net Income 2019: $22,7952019Revenue 2020: $6,167,785Expenses 2020: $5,657,547Net Income 2020: $510,2382020Revenue 2021: $6,521,205Expenses 2021: $5,445,730Net Income 2021: $1,075,4752021Revenue 2022: $6,168,719Expenses 2022: $5,840,454Net Income 2022: $328,2652022Revenue 2023: $6,444,149Expenses 2023: $6,504,938Net Income 2023: -$60,7892023Revenue 2024: $6,506,785Expenses 2024: $6,169,266Net Income 2024: $337,5192024

Highlighted filing

2017

Revenue$4,981,466
Expenses$3,795,669
Net Income$1,185,797
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$4,981,466
Mission and Program Overview

Mission

To develop and maintain quality, student-oriented housing communities operating on a non-profit, democratic basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,840,765$23,573,928▼ $266,837
Cash and Non-Interest-Bearing Accounts$2,181,248$2,866,097▲ $684,849
Rtn Earn Endowment Incm Other Fnds$499,670$1,666,264▲ $1,166,594
Intangible Assets$1,033,200$971,868▼ $61,332
Accounts Receivable$232,416$391,907▲ $159,491
Prepaid Expenses and Deferred Charges$23,259$22,529▼ $730
Total Assets$31,527,601$32,288,194▲ $760,593
Other Assets Total$4,216,713$4,461,865▲ $245,152
Liabilities
Tax Exempt Bond Liabilities$30,235,000$29,875,000▼ $360,000
Accounts Payable and Accrued Expenses$732,993$689,552▼ $43,441
Other Liabilities$59,938$57,378▼ $2,560
Total Liabilities$31,027,931$30,621,930▼ $406,001
Net Assets / Fund Balance
Total Net Assets Fund Balance$499,670$1,666,264▲ $1,166,594
Total Liabilities and Net Assets / Fund Balance$31,527,601$32,288,194▲ $760,593

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,167,058$11,833,739$33,000,797
Land$2,398,729-$2,398,729
Equipment$8,141$101,468$109,609
Other Assets Org$710,217--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gary EllisExecutive DiFT$144,057$144,057

Board Members and Trustees

NameTitle
Jaren JohnsonPresident
Alyssa BraatenBoard Member
Brian CihacekBoard Member
Eric AndersonBoard Member
Kevin JewettBoard Member
Michael CopaBoard Member
Michael ShepardBoard Member
Mike SturdivantBoard Member
Molly RutzickBoard Member
Neil KolatkarBoard Member
Scott GrahamBoard Member
Tom PiersonBoard Member
Brian DusbiberSecretary
Rachel RiceTreasurer
Jason SchmuckVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,263,739
Investment Income
$42,932
Other Revenue
$674,795
Change in Net Assets
$1,185,797

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,981,466
Revenue Not Reported on Form 990
$-19,353
Total Revenue per Audited Statements
$4,962,113
Total Revenue per Form 990
$4,981,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,788,040
Salaries, Compensation, and Employee Benefits$1,007,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,280,640--$1,280,640
Depreciation Depletion$950,833--$950,833
Comp Disqual Persons$588,391--$588,391
Current Officers, Directors, Trustees, and Key Employees$106,938$106,937-$213,875
Fees for Services Other$13,941$125,469-$139,410
Occupancy$98,727--$98,727
Other Employee Benefits$87,686$9,743-$97,429
Payroll Taxes$67,910--$67,910
Pension Plan Contributions$36,022$4,002-$40,024
All Other Expenses$13,056$6,981-$20,037
Other Expenses$54,824$14,764-$14,764
Office Expenses$512$9,727-$10,239
Fees for Services Accounting$4,620$3,080-$7,700
Travel$323$6,144-$6,467
Conferences and Meetings$960$960-$1,920
Advertising-$1,115-$1,115
Total Functional Expenses$3,506,747$288,922$0$3,795,669

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,795,669
Expenses per Audited Statements$3,795,519
Total Expenses per Audited Statements$3,795,519
Expenses Not Reported on Financial Statements$150
Other Expense Adjustments$150
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$57,378

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCity of Minneapolis Series 20142014-08-21$24,435,000-
ACity of Minneapolis2003-10-28$7,200,000TO BUILD STUDENT HOUSING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer of the board of directors reviews and approves the form 990, and presents his actions to the board of directors.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is discussed and reaffirmed annually as part of the board's annual meeting.

Form 990, Page 6, Part VI, Line 15A

The executive director position is reviewed annually by a committee of the board. Input is solicited from a variety of board members, coop members, other staff and significant stakeholders. The salary range was established with the assistance of an outside consultant and is adjusted annually to reflect salary survey data for comparable executive/management positions in the minneapolis/st. Paul area based on the most recent bls (bureau of labor statistics) national compensation survey.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Riverton Community Housing
EIN
23-7259966
Phone
6123313911
Address
425 13TH AVE SE, MINNEAPOLIS, MN 55414-2065

Signing Officer

Name
Gary Ellis
Title
Executive Director
Phone
6123313911
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Ellis
Formed
1972
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
19
Volunteers
15

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Abigail J Smith
Phone
9528544244
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Investment fee -150 investment fee 150

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

INVESTMENT FEE -150

Schedule D, Page 4, Part XII, Line 4B

INVESTMENT FEE 150

Raw XML AppendixShowing 400 of 580 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0732993
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0689552
IRS990/AccountsReceivableGrp/BOYAmt0232416
IRS990/AccountsReceivableGrp/EOYAmt0391907
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO DEVELOP AND MAINTAIN QUALITY, STUDENT-ORIENTED HOUSING COMMUNITIES OPERATING ON A NON-PROFIT, DEMOCRATIC BASIS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01115
IRS990/AdvertisingGrp/TotalAmt01115
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06981
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013056
IRS990/AllOtherExpensesGrp/TotalAmt020037
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GARY ELLIS
IRS990/BooksInCareOfDetail/PhoneNum06123313911
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0425 13TH AVENUE SE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02181248
IRS990/CashNonInterestBearingGrp/EOYAmt02866097
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0106937
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106938
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0213875
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0588391
IRS990/CompDisqualPersonsGrp/TotalAmt0588391
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0960
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0960
IRS990/ConferencesMeetingsGrp/TotalAmt01920
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt042932
IRS990/CYOtherExpensesAmt02788040
IRS990/CYOtherRevenueAmt0674795
IRS990/CYProgramServiceRevenueAmt04263739
IRS990/CYRevenuesLessExpensesAmt01185797
IRS990/CYSalariesCompEmpBnftPaidAmt01007629
IRS990/CYTotalExpensesAmt03795669
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04981466
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0950833
IRS990/DepreciationDepletionGrp/TotalAmt0950833
IRS990/Desc0TO PROVIDE HOUSING TO COLLEGE STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03506747
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03080
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04620
IRS990/FeesForServicesAccountingGrp/TotalAmt07700
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0125469
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013941
IRS990/FeesForServicesOtherGrp/TotalAmt0139410
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JAREN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JASON SCHMUCK
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN DUSBIBER
IRS990/Form990PartVIISectionAGrp/PersonNm3RACHEL RICE
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIC ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL COPA
IRS990/Form990PartVIISectionAGrp/PersonNm6ALYSSA BRAATEN
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN JEWETT
IRS990/Form990PartVIISectionAGrp/PersonNm8NEIL KOLATKAR
IRS990/Form990PartVIISectionAGrp/PersonNm9MOLLY RUTZICK
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN CIHACEK
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL SHEPARD
IRS990/Form990PartVIISectionAGrp/PersonNm12TOM PIERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE STURDIVANT
IRS990/Form990PartVIISectionAGrp/PersonNm14SCOTT GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm15GARY ELLIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15144057
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04981466
IRS990/GrossRentsGrp/RealAmt0111385
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt01033200
IRS990/IntangibleAssetsGrp/EOYAmt0971868
IRS990/InterestGrp/ProgramServicesAmt01280640
IRS990/InterestGrp/TotalAmt01280640
IRS990/InvestmentIncomeGrp/ExclusionAmt042932
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042932
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011935207
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023840765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023573928
IRS990/LandBldgEquipCostOrOtherBssAmt035509135
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO DEVELOP AND MAINTAIN QUALITY, STUDENT-ORIENTED HOUSING COMMUNITIES OPERATING ON A NON-PROFIT, DEMOCRATIC BASIS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0499670
IRS990/NetAssetsOrFundBalancesEOYAmt01666264
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0111385
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0111385
IRS990/NetUnrelatedBusTxblIncmAmt025244
IRS990/NetUnrlzdGainsLossesInvstAmt0-19203
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt098727
IRS990/OccupancyGrp/TotalAmt098727
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09727
IRS990/OfficeExpensesGrp/ProgramServicesAmt0512
IRS990/OfficeExpensesGrp/TotalAmt010239
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04216713
IRS990/OtherAssetsTotalGrp/EOYAmt04461865
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09743
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt087686
IRS990/OtherEmployeeBenefitsGrp/TotalAmt097429
IRS990/OtherExpensesGrp/Desc0COLE OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc2BUILDING REPAIRS & MAINT
IRS990/OtherExpensesGrp/Desc3CONSULTANTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014764
IRS990/OtherExpensesGrp/ProgramServicesAmt0143478
IRS990/OtherExpensesGrp/ProgramServicesAmt157886
IRS990/OtherExpensesGrp/ProgramServicesAmt254824
IRS990/OtherExpensesGrp/TotalAmt0143478
IRS990/OtherExpensesGrp/TotalAmt157886
IRS990/OtherExpensesGrp/TotalAmt254824
IRS990/OtherExpensesGrp/TotalAmt314764
IRS990/OtherLiabilitiesGrp/BOYAmt059938
IRS990/OtherLiabilitiesGrp/EOYAmt057378
IRS990/OtherRevenueMiscGrp/BusinessCd0531190
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/Desc1CAM EXPENSES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0554745
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0554745
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt18665
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt08665
IRS990/OtherRevenueTotalAmt0563410
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt067910
IRS990/PayrollTaxesGrp/TotalAmt067910
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04002
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036022
IRS990/PensionPlanContributionsGrp/TotalAmt040024
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023259
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022529
IRS990/PrincipalOfficerNm0GARY ELLIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc14TH STREET APARTMENTS, MINN
IRS990/ProgramServiceRevenueGrp/Desc2CHATEAU STUDENT HOUSING, MI
IRS990/ProgramServiceRevenueGrp/Desc3FRANKLIN STUDENT HOUSING, M
IRS990/ProgramServiceRevenueGrp/Desc4COLE TOWNHOMES, MINNEAPOLIS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01081296
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1830796
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2716821
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3674604
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4653157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01081296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1830796
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2716821
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3674604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4653157
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt028718
IRS990/PYOtherExpensesAmt02655569
IRS990/PYOtherRevenueAmt0172854
IRS990/PYProgramServiceRevenueAmt03884802
IRS990/PYRevenuesLessExpensesAmt0472958
IRS990/PYSalariesCompEmpBnftPaidAmt0957847
IRS990/PYTotalExpensesAmt03613416
IRS990/PYTotalRevenueAmt04086374
IRS990/ReconcilationRevenueExpnssAmt01185797
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0111385
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04263739
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0499670
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01666264
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt042932
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028718
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt022540
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt050862
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0-7421
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0137631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04818484
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03984539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03092393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03140143
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03079343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt018114902
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt042932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028718
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022540
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt050862
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0-7421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0137631
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt025244
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt025244
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99110
IRS990ScheduleA/PublicSupportPY509Pct00.99270
IRS990ScheduleA/PublicSupportTotal509Amt018114902
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04818484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03984539
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03092393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03140143
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03079343
IRS990ScheduleA/Total509Grp/TotalAmt018114902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04886660
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04013257
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03114933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03191005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03071922
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018277777
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt021167058
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011833739
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt033000797
IRS990ScheduleD/EquipmentGrp/BookValueAmt08141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101468
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0109609
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0150
IRS990ScheduleD/ExpensesSubtotalAmt03795519
IRS990ScheduleD/LandGrp/BookValueAmt02398729
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02398729
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-19203
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03751648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1710217
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENTS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0-150

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.1$43.9$4.20$6.51$6.17$0.34
2023Detailed filing. Detailed filing data is available for this year.$50.7$46.4$4.31$6.44$6.50$0.06
2022Detailed filing. Detailed filing data is available for this year.$51.0$46.7$4.33$6.17$5.84$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.8$48.8$3.93$6.52$5.45$1.08
2020Detailed filing. Detailed filing data is available for this year.$52.2$49.3$2.88$6.17$5.66$0.51
2019Detailed filing. Detailed filing data is available for this year.$52.3$50.0$2.33$5.05$5.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$51.8$49.6$2.24$4.59$3.96$0.63
2017Detailed filing. Detailed filing data is available for this year.$32.3$30.6$1.67$4.98$3.80$1.19
2016Detailed filing. Detailed filing data is available for this year.$31.5$31.0$0.50$4.09$3.61$0.47
2015Detailed filing. Detailed filing data is available for this year.$31.5$31.5$0.03$3.11$3.68$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$19.9$0.27$2.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$20.2$0.07$2.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$20.4$0.09$2.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$31.7$0.28$2.91