Civic Intelligence

Rochester Community Finance

990 • Fiscal year 2019 • EIN 27-4641831

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 14, 2020

Organization ProfileN/A
12 Elton Hills Drive NWRochester, MN 55901

(507) 287-7117

Siviq Scores

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

Liabilities / Assets

87th percentile

0.55x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

8.67x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$133,344

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 92.6% of source-year revenue.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

52nd percentile

3.6%

Faster asset growth than 52% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

76th percentile

15%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$2,267,850

Up $78,508 (+3.6%) from 2018

Net Assets

Up

$1,019,129

Up $107,018 (+12%) from 2018

Liabilities

Down

$1,248,721

Down $28,510 (-2.2%) from 2018

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin96th percentile

Revenue

Up

$143,958

Up $19,042 (+15%) from 2018

Expenses

Down

$33,940

Down $12,760 (-27%) from 2018

Net Income

Up

$110,018

Up $31,802 (+41%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2014: $2,312,476Liabilities 2014: $2,098,691Net Assets 2014: $213,7852014Assets 2015: $2,314,989Liabilities 2015: $2,021,540Net Assets 2015: $293,4492015Assets 2017: $2,197,575Liabilities 2017: $1,356,680Net Assets 2017: $840,8952017Assets 2018: $2,189,342Liabilities 2018: $1,277,231Net Assets 2018: $912,1112018Assets 2019: $2,267,850Liabilities 2019: $1,248,721Net Assets 2019: $1,019,1292019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$2,267,850
Liabilities$1,248,721
Net Assets$1,019,129
Open 2019 Filing

Operations Trend

Revenue Growth76th percentile

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

$400K$300K$200K$100K$0Revenue 2014: $209,921Expenses 2014: $144,352Net Income 2014: $65,5692014Revenue 2015: $166,310Expenses 2015: $86,646Net Income 2015: $79,6642015Revenue 2017: $327,704Expenses 2017: $86,720Net Income 2017: $240,9842017Revenue 2018: $124,916Expenses 2018: $46,700Net Income 2018: $78,2162018Revenue 2019: $143,958Expenses 2019: $33,940Net Income 2019: $110,0182019Revenue 2020: $279,628Expenses 2020: $31,831Net Income 2020: $247,7972020

Highlighted filing

2019

Revenue$143,958
Expenses$33,940
Net Income$110,018
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 14, 2020
Return Version
2019v5.1
Gross Receipts
$143,958
Mission and Program Overview

Mission

The primary mission of impact finance is to promote community development by providing activities directed towards improving the social or economic conditions of underserved people or residents of distressed communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,853,354$1,886,482▲ $33,128
Cash and Non-Interest-Bearing Accounts$327,897$359,672▲ $31,775
Total Assets$2,189,342$2,267,850▲ $78,508
Other Assets Total$8,091$21,696▲ $13,605
Liabilities
Other Liabilities$1,277,231$1,248,721▼ $28,510
Total Liabilities$1,277,231$1,248,721▼ $28,510
Net Assets / Fund Balance
Net Assets With Donor Restrictions$812,111$919,129▲ $107,018
Net Assets Without Donor Restrictions$100,000$100,000→ $0
Total Net Assets Fund Balance$912,111$1,019,129▲ $107,018
Total Liabilities and Net Assets / Fund Balance$2,189,342$2,267,850▲ $78,508
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleBaseOtherTotal
Jennifer WoodfordExecutive Director$6,517$126,827$133,344

Board Members and Trustees

NameTitle
Mary Jo MajerusChair
Athieei LamMember
Jeff UrbanMember
Jill BrionMember
Jose RivasSecretary
Susan StrandbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$6,600
Investment Income
$87,358
Other Revenue
$0
Change in Net Assets
$110,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$21,451
Other Expenses$12,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,745$3,632-$10,377
Current Officers, Directors, Trustees, and Key Employees$4,334$2,334-$6,668
Depreciation Depletion$2,400$2,400-$4,800
Other Employee Benefits$1,936$1,042-$2,978
Fees for Services Accounting$1,429$252-$1,681
Payroll Taxes$928$500-$1,428
Occupancy$282$282-$564
Office Expenses$403$70-$473
Interest$205$205-$410
Other Expenses$172$171-$343
Fees for Services Legal$255$45-$300
Insurance$108$108-$216
Conferences and Meetings$27$155-$182
All Other Expenses$21$20-$41
Total Functional Expenses$21,616$12,324$0$33,940
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to First Homes - Affiliate$1,242,855
Due to Rochester Area Foundation - Affiliate$5,866
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 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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Rochester area foundation is the sole owner of impact finance.”

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

“The board of directors of impact finance shall be elected by the board members of the rochester area foundation.”

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

“An electronic copy of form 990 is provided to the board of directors for review prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Officers, directors, trustees, and key employees are annually required to fill out and sign disclosure form. They must also verbally indicate whether a conflict exists and abstain from voting at board meeting.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and/or financial statements may be obtained by the public on the organization's website or upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Impact Finance
EIN
27-4641831
Phone
5072877117
Address
12 ELTON HILLS DRIVE NW, ROCHESTER, MN 55901

Signing Officer

Name
Jennifer Woodford
Title
President
Phone
5072877117
Signed
2020-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Woodford
Formed
2011
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL WEST TOWER STE, 1100, MINNEAPOLIS, MN 55402-2526
Preparer
Kacie Mcewen
Phone
6123324300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Valuation adjustment -3,000.”

FORM 990, PART XI, LINE 2C:

“The finance committee has the responsibility for oversight of the audit and selection of an independent accountant. The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 438 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/Desc0IMPACT FINANCE, A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION FORMERLY KNOWN AS ROCHESTER COMMUNITY FINANCE (RCF), HELPS COMMUNITIES GROW BY PROVIDING DOWN PAYMENT ASSISTANCE LENDING SO LOW-AND MODERATE-INCOME FAMILIES CAN ATTAIN AFFORDABLE HOUSING. IT ALSO PROVIDES TECHNICAL ASSISTANCE TO NONPROFIT ORGANIZATIONS, HELPING THEM GROW ORGANIZATIONAL CAPACITY AND INCREASE THEIR ABILITY TO SERVE CLIENTS. BOTH GROWTH STRATEGIES, DOWN PAYMENT ASSISTANCE AND TECHNICAL ASSISTANCE TO NONPROFITS, SUPPORT COMMUNITIES AND HELP THEM BECOME SUSTAINABLE, THRIVING PLACES WHERE PEOPLE WANT TO BE. IMPACT FIANCE HELPS PEOPLE IN SEVEN LOCAL COUNTIES AFFORD HOME OWNERSHIP. IMPACT FINANCE HAS A SUCCESSFUL GAP LOAN PROGRAM THAT PROVIDES LOW-INTEREST GAP LOANS TO UNDERSERVED BUYERS THROUGH OUR LENDING PRODUCT AND IN PARTNERSHIP WITH LOCAL BANKS TO ENABLE QUALIFIED BUYERS TO ACHIEVE AFFORDABLE HOMEOWNERSHIP. INDIVIDUALS MAY BE ELIGIBLE FOR FUNDS TO PAY FOR CLOSING COSTS AND/OR DOWN PAYMENT ASSISTANCE TO HELP REDUCE MONTHLY MORTGAGE PAYMENTS. IMPACT FINANCE PROVIDES UP TO $10,000 FOR QUALIFIED BUYERS AT TWO OPTIONS:2% INTEREST GAP LOAN AMORTIZED OVER 10 YEARS.0% INTEREST DEFERRED GAP LOAN AMORTIZED OVER 30 YEARS WHEN PURCHASING A FIRST HOMES COMMUNITY LAND TRUST PROPERTY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IMPACT FINANCE RECOGNIZES THAT NONPROFIT ORGANIZATIONS ARE STRETCHED TO THEIR LIMITS IN MANY CASES AND INCREASING THE GROWTH OF SOUTHEAST MINNESOTA WILL FURTHER STRAIN LIMITED RESOURCES. OUR APPROACH FOR NONPROFIT ORGANIZATIONS WILL BE TO COME ALONGSIDE WITH TECHNICAL SUPPORT THROUGH TRAINING, STRATEGIC PLANNING AND INTERNAL CAPACITY BUILDING TO FIRST ENHANCE THEIR ABILITY TO COPE WITH THE COMING GROWTH, THEN TO SUPPORT PHYSICAL GROWTH OF THE ORGANIZATION SHOULD THAT BE THE CORRECT DIRECTION FOR THEIR NEXT STEPS TOWARD SUSTAINABILITY AND SERVING THEIR CLIENTS.
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IRS990/ReconcilationRevenueExpnssAmt0110018
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06600
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05866
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11242855
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ROCHESTER AREA FOUNDATION - AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO FIRST HOMES - AFFILIATE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01248721
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROCHESTER AREA FOUNDATION IS THE SOLE OWNER OF IMPACT FINANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF IMPACT FINANCE SHALL BE ELECTED BY THE BOARD MEMBERS OF THE ROCHESTER AREA FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO FILL OUT AND SIGN DISCLOSURE FORM. THEY MUST ALSO VERBALLY INDICATE WHETHER A CONFLICT EXISTS AND ABSTAIN FROM VOTING AT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VALUATION ADJUSTMENT -3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ROCHESTER AREA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1ROCHESTER AREA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ROCHESTER AREA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1RAF PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2FIRST HOMES PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0416017740
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1411891463
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2412004557
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0STRENGTHEN COMMUNITY PHILANTHROPY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SE MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012 ELTON HILLS DRIVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt112 ELTON HILLS DRIVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt212 ELTON HILLS DRIVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055901
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd155901
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd255901
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02189342
IRS990/TotalAssetsEOYAmt02267850
IRS990/TotalAssetsGrp/BOYAmt02189342
IRS990/TotalAssetsGrp/EOYAmt02267850
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt050000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012324
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt021616
IRS990/TotalFunctionalExpensesGrp/TotalAmt033940
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01277231
IRS990/TotalLiabilitiesEOYAmt01248721
IRS990/TotalLiabilitiesGrp/BOYAmt01277231
IRS990/TotalLiabilitiesGrp/EOYAmt01248721
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0912111
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01019129
IRS990/TotalOtherCompensationAmt02996
IRS990/TotalProgramServiceExpensesAmt021616
IRS990/TotalProgramServiceRevenueAmt06600
IRS990/TotalReportableCompFromOrgAmt06517
IRS990/TotalRevenueGrp/ExclusionAmt087358
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06600
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0143958
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02189342
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02267850
IRS990/TotReportableCompRltdOrgAmt0123831
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012 ELTON HILLS DRIVE NW
IRS990/USAddress/CityNm0ROCHESTER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055901
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,267,850
Liabilities
$1,248,721
Net assets
$1,019,129
Revenue
$143,958
Expenses
$33,940
Net income
$110,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.28$0.03$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.27$1.25$1.02$0.14$0.03$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$1.28$0.91$0.12$0.05$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$1.36$0.84$0.33$0.09$0.24
2015Detailed filing. Detailed filing data is available for this year.$2.31$2.02$0.29$0.17$0.09$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.31$2.10$0.21$0.21$0.14$0.07