Civic Intelligence

Franklin Senior Housing Inc.

990 • Fiscal year 2019 • EIN 27-3561629

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 29, 2020

1080 Montreal AvenueSt Paul, MN 55116

(651) 291-1750

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-50%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$257,267

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 126.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

29th percentile

-2.4%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.0%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$4,021,510

Down $97,217 (-2.4%) from 2018

Net Assets

Down

$3,993,816

Down $101,341 (-2.5%) from 2018

Liabilities

Up

$27,694

Up $4,124 (+17%) from 2018

Revenue

Up

$202,823

Up $2,070 (+1.0%) from 2018

Expenses

Up

$304,164

Up $10,050 (+3.4%) from 2018

Net Income

Down

-$101,341

Down $7,980 (-8.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $4,472,059Liabilities 2014: $45,151Net Assets 2014: $4,426,9082014Assets 2015: $4,384,109Liabilities 2015: $52,070Net Assets 2015: $4,332,0392015Assets 2016: $4,286,326Liabilities 2016: $22,114Net Assets 2016: $4,264,2122016Assets 2017: $4,210,692Liabilities 2017: $22,174Net Assets 2017: $4,188,5182017Assets 2018: $4,118,727Liabilities 2018: $23,570Net Assets 2018: $4,095,1572018Assets 2019: $4,021,510Liabilities 2019: $27,694Net Assets 2019: $3,993,8162019Assets 2020: $3,936,315Liabilities 2020: $28,763Net Assets 2020: $3,907,5522020Assets 2021: $3,836,552Liabilities 2021: $42,518Net Assets 2021: $3,794,0342021Assets 2022: $3,780,496Liabilities 2022: $87,347Net Assets 2022: $3,693,1492022Assets 2023: $3,667,964Liabilities 2023: $94,582Net Assets 2023: $3,573,3822023Assets 2024: $3,600,963Liabilities 2024: $159,024Net Assets 2024: $3,441,9392024

Highlighted filing

2019

Assets$4,021,510
Liabilities$27,694
Net Assets$3,993,816

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $334,138Expenses 2014: $383,349Net Income 2014: -$49,2112014Revenue 2015: $182,391Expenses 2015: $277,260Net Income 2015: -$94,8692015Revenue 2016: $218,958Expenses 2016: $286,785Net Income 2016: -$67,8272016Revenue 2017: $195,613Expenses 2017: $271,307Net Income 2017: -$75,6942017Revenue 2018: $200,753Expenses 2018: $294,114Net Income 2018: -$93,3612018Revenue 2019: $202,823Expenses 2019: $304,164Net Income 2019: -$101,3412019Revenue 2020: $202,745Expenses 2020: $289,009Net Income 2020: -$86,2642020Revenue 2021: $197,934Expenses 2021: $311,452Net Income 2021: -$113,5182021Revenue 2022: $208,467Expenses 2022: $309,352Net Income 2022: -$100,8852022Revenue 2023: $223,134Expenses 2023: $342,901Net Income 2023: -$119,7672023Revenue 2024: $239,568Expenses 2024: $371,011Net Income 2024: -$131,4432024

Highlighted filing

2019

Revenue$202,823
Expenses$304,164
Net Income-$101,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 29, 2020
Return Version
2019v5.1
Gross Receipts
$202,823
Mission and Program Overview

Mission

To promote the welfare of senior citizens in the franklin community through an affordable apartment building.

To provide housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,847,986$3,743,004▼ $104,982
Cash and Non-Interest-Bearing Accounts$2,138$14,379▲ $12,241
Savings and Temporary Cash Investments$10,120$10,041▼ $79
Accounts Receivable$428$1,662▲ $1,234
Prepaid Expenses and Deferred Charges$834$967▲ $133
Total Assets$4,118,727$4,021,510▼ $97,217
Other Assets Total$257,221$251,457▼ $5,764
Liabilities
Accounts Payable and Accrued Expenses$13,035$15,275▲ $2,240
Other Liabilities$9,897$9,933▲ $36
Deferred Revenue$638$2,486▲ $1,848
Total Liabilities$23,570$27,694▲ $4,124
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,407,500$4,407,500→ $0
Net Assets Without Donor Restrictions$-312,343$-413,684▼ $101,341
Total Net Assets Fund Balance$4,095,157$3,993,816▼ $101,341
Total Liabilities and Net Assets / Fund Balance$4,118,727$4,021,510▼ $97,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,340,137$633,586$3,973,723
Land$379,729-$379,729
Equipment$23,138$38,332$61,470
Other Assets Org$16,977--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sister Anne Elise TschidaPresident
Kevin MyrenExecutive Vice President
Aliya MaseelallDirector
Jasmine HawkinsDirector
John SchwabDirector
Meghan ShawlinDirector
Jim SolemSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$202,393
Investment Income
$430
Other Revenue
$0
Change in Net Assets
$-101,341

Audited Revenue Reconciliation

Revenue per Audited Statements
$202,823
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$202,823
Total Revenue per Form 990
$202,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,164
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$104,982--$104,982
Occupancy$17,279--$17,279
Fees for Services Management$17,044--$17,044
Other Expenses$16,887--$16,887
Office Expenses$13,525--$13,525
Insurance$7,487--$7,487
Fees for Services Accounting$6,634--$6,634
All Other Expenses$5,400--$5,400
Fees for Services Legal$4--$4
Total Functional Expenses$304,164$0$0$304,164

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$304,164
Total Expenses per Audited Statements$304,164
Total Expenses per Form 990$304,164
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$9,933
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Control over management duties was delegated to commonbond communities, a related organization.

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

The board members have the documents, and make them available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Senior Housing
EIN
27-3561629
Phone
6512911750
Address
1080 MONTREAL AVENUE, ST PAUL, MN 55116

Signing Officer

Name
Kevin Myren
Title
Executive Vice President
Phone
6512911750
Signed
2020-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Myren
Formed
2012
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Thomas R Johnson
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Page 12 Line 2C

This process has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

The corporation is not currently under examination by any taxing jurisdiction. Federal and state tax authorities generally have the right to examine the current and prior three years of income tax returns. The corporation did not have any unrelated business income or uncertain tax positions.

Raw XML AppendixShowing 400 of 479 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013035
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015275
IRS990/AccountsReceivableGrp/BOYAmt0428
IRS990/AccountsReceivableGrp/EOYAmt01662
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR THE ELDERLY.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05400
IRS990/AllOtherExpensesGrp/TotalAmt05400
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COMMONBOND COMMUNITIES
IRS990/BooksInCareOfDetail/PhoneNum06512911750
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01080 MONTREAL AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055116
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02138
IRS990/CashNonInterestBearingGrp/EOYAmt014379
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0430
IRS990/CYOtherExpensesAmt0304164
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0202393
IRS990/CYRevenuesLessExpensesAmt0-101341
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0304164
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0202823
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0638
IRS990/DeferredRevenueGrp/EOYAmt02486
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0104982
IRS990/DepreciationDepletionGrp/TotalAmt0104982
IRS990/Desc0TO PROVIDE, ON A NON-PROFIT BASIS, 30 AFFORDABLE HOUSING UNITS FOR LOW INCOME, ELDERLY INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04407500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04407500
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0304164
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06634
IRS990/FeesForServicesAccountingGrp/TotalAmt06634
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04
IRS990/FeesForServicesLegalGrp/TotalAmt04
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017044
IRS990/FeesForServicesManagementGrp/TotalAmt017044
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415952
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MEGHAN SHAWLIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JASMINE HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN SCHWAB
IRS990/Form990PartVIISectionAGrp/PersonNm3ALIYA MASEELALL
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN MYREN
IRS990/Form990PartVIISectionAGrp/PersonNm5SISTER ANNE ELISE TSCHIDA
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM SOLEM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4241315
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0202823
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07487
IRS990/InsuranceGrp/TotalAmt07487
IRS990/InvestmentIncomeGrp/ExclusionAmt0430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0430
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0671918
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03847986
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03743004
IRS990/LandBldgEquipCostOrOtherBssAmt04414922
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE WELFARE OF SENIOR CITIZENS IN THE FRANKLIN COMMUNITY THROUGH AN AFFORDABLE APARTMENT BUILDING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04095157
IRS990/NetAssetsOrFundBalancesEOYAmt03993816
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-312343
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-413684
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt017279
IRS990/OccupancyGrp/TotalAmt017279
IRS990/OfficeExpensesGrp/ProgramServicesAmt013525
IRS990/OfficeExpensesGrp/TotalAmt013525
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0257221
IRS990/OtherAssetsTotalGrp/EOYAmt0251457
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc2TAXES & INSURANCE
IRS990/OtherExpensesGrp/Desc3RESIDUAL RECEIPTS RECAP
IRS990/OtherExpensesGrp/ProgramServicesAmt063778
IRS990/OtherExpensesGrp/ProgramServicesAmt127640
IRS990/OtherExpensesGrp/ProgramServicesAmt223504
IRS990/OtherExpensesGrp/ProgramServicesAmt316887
IRS990/OtherExpensesGrp/TotalAmt063778
IRS990/OtherExpensesGrp/TotalAmt127640
IRS990/OtherExpensesGrp/TotalAmt223504
IRS990/OtherExpensesGrp/TotalAmt316887
IRS990/OtherLiabilitiesGrp/BOYAmt09897
IRS990/OtherLiabilitiesGrp/EOYAmt09933
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0834
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0967
IRS990/PrincipalOfficerNm0KEVIN MYREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1HOUSING ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110408
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190690
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21295
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0432
IRS990/PYOtherExpensesAmt0294114
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0200321
IRS990/PYRevenuesLessExpensesAmt0-93361
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0294114
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0200753
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-101341
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0202393
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010120
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010041
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0430
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0432
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0521
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0332
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0284
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0202393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0200321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0195092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0218626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0182107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0998539
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0430
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0432
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01999
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt0998539
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0202393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0200321
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0195092
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0218626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0182107
IRS990ScheduleA/Total509Grp/TotalAmt0998539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0202823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0200753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0195613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0218958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0182391
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01000538
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03340137
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0633586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03973723
IRS990ScheduleD/EquipmentGrp/BookValueAmt023138
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038332
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061470
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0304164
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0379729
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0379729
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07538
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1226942
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216977
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09933
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0202823
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS OF INCOME TAX RETURNS. THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME OR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03743004
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0251457
IRS990ScheduleD/TotalExpensesPerForm990Amt0304164
IRS990ScheduleD/TotalLiabilityAmt09933
IRS990ScheduleD/TotalRevenuePerForm990Amt0202823
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0202823
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0304164
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt040000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0201315
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015952
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN MYREN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0257267
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONTROL OVER MANAGEMENT DUTIES WAS DELEGATED TO COMMONBOND COMMUNITIES, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS HAVE THE DOCUMENTS, AND MAKE THEM AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12 LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMMONBOND COMMUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMONBOND COMMUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0411260469
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01080 MONTREAL AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ST PAUL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055116
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.16$3.44$0.24$0.37$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.67$0.09$3.57$0.22$0.34$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.09$3.69$0.21$0.31$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.04$3.79$0.20$0.31$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.03$3.91$0.20$0.29$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.02$0.03$3.99$0.20$0.30$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$0.02$4.10$0.20$0.29$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$0.02$4.19$0.20$0.27$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.29$0.02$4.26$0.22$0.29$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.05$4.33$0.18$0.28$0.09
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.47$0.05$4.43$0.33$0.38$0.05