Civic Intelligence

Rochester Community Finance

990 • Fiscal year 2015 • EIN 27-4641831

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 22, 2016

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

91st percentile

0.87x

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

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

12.16x

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

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

90th percentile

$172,194

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 103.5% of source-year revenue.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Asset Growth

44th percentile

0.1%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$2,314,989

Up $2,513 (+0.1%) from 2014

Net Assets

Up

$293,449

Up $79,664 (+37%) from 2014

Liabilities

Down

$2,021,540

Down $77,151 (-3.7%) from 2014

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin89th percentile

Revenue

Down

$166,310

Down $43,611 (-21%) from 2014

Expenses

Down

$86,646

Down $57,706 (-40%) from 2014

Net Income

Up

$79,664

Up $14,095 (+21%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth44th 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

2015

Assets$2,314,989
Liabilities$2,021,540
Net Assets$293,449
Open 2015 Filing

Operations Trend

Revenue Growth13th 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

2015

Revenue$166,310
Expenses$86,646
Net Income$79,664
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 22, 2016
Return Version
2015v2.1
Gross Receipts
$166,310
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.

The primary mission of rochester community 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$2,256,094$2,172,351▼ $83,743
Cash and Non-Interest-Bearing Accounts$35,793$129,033▲ $93,240
Accounts Receivable$8,000$3,266▼ $4,734
Total Assets$2,312,476$2,314,989▲ $2,513
Other Assets Total$12,589$10,339▼ $2,250
Liabilities
Other Liabilities$2,096,317$2,019,641▼ $76,676
Accounts Payable and Accrued Expenses$2,374$1,899▼ $475
Total Liabilities$2,098,691$2,021,540▼ $77,151
Net Assets / Fund Balance
Temporarily Rstr Net Assets$113,785$193,449▲ $79,664
Unrestricted Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$213,785$293,449▲ $79,664
Total Liabilities and Net Assets / Fund Balance$2,312,476$2,314,989▲ $2,513
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joann Stormer-related Org CompExecutive DirectorFT$144,573$27,621$172,194

Board Members and Trustees

NameTitle
Joseph PowersChair
Mary Jo MajerusVice Chair
Gary SmithTrustee
Greg LaytonTrustee
Jim MackTrustee
Tom WenteTrustee
Jose RivasSecretary
Susan StrandbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,260
Program Service Revenue
$0
Investment Income
$89,780
Other Revenue
$1,270
All Other Contributions
$75,260
Change in Net Assets
$79,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$166,310
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,958,545
Total Revenue per Audited Statements
$2,124,855
Total Revenue per Form 990
$166,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$64,031
Other Expenses$22,615
Total Fundraising Expense$9,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,265$14,781$8,283$46,329
Current Officers, Directors, Trustees, and Key Employees$8,890$7,490$1,322$17,702
Occupancy$2,707$2,683-$5,390
Fees for Services Other$190$4,980-$5,170
Conferences and Meetings-$1,608-$1,608
Travel-$1,146-$1,146
Office Expenses$401$398-$799
Other Expenses$352$348-$700
All Other Expenses-$320-$320
Total Functional Expenses$40,247$36,794$9,605$86,646

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,591,580
Expenses Not Reported on Form 990$1,504,934
Expenses per Audited Statements$86,646
Total Expenses per Form 990$86,646
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tom WenteCURRENT BOARD MEMBER, >5% OWNER OF CORPORATIONBoard Member Is a Minority Shareholder in an Accounting Firm That Receives Compensation for Bookkeeping Services Performed for the Organization.No$24,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to First Homes - Affiliate$1,857,083
Due to Rochester Area Foundation - Affiliate$162,558
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 B, Line 11

“Form 990 is presented to and discussed by the board before filing.”

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 B, Line 15

“The compensation of the executive director of the rochester area foundation is determined by the executive committee of the board of directors using comparability data from the council of foundations. The compensation of the organization's officers and key employees is determined by the executive director of the rochester area foundation using comparability data from the council of foundations and increases are based on merit.”

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”

Filing and Contact Details

Filer

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

Signing Officer

Name
Joann Stormer
Title
Executive Director
Phone
5072877117
Signed
2016-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joann Stormer
Formed
2011
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Rsm US Llp
Address
310 BROADWAY AVENUE S SUITE 300, ROCHESTER, MN 55904
Preparer
Daniel W Edwards
Phone
5072886476
Supplemental Narrative

Additional Explanations

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.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under section 501(c)(4) of the internal revenue code. The organization believes that no significant uncertain tax positions have been taken in its tax returns. At december 31, 2015, the organization did not record any liabilities for uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Reported by affiliates 1,958,545.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Reported by affiliates 1,504,934.”

Raw XML AppendixShowing 400 of 476 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt01504934
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt086646
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt01504934
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0162558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11857083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ROCHESTER AREA FOUNDATION - AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO FIRST HOMES - AFFILIATE
IRS990ScheduleD/OtherRevenueAmt01958545
IRS990ScheduleD/RevenueNotReportedAmt01958545
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0166310
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN IN ITS TAX RETURNS. AT DECEMBER 31, 2015, THE ORGANIZATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REPORTED BY AFFILIATES 1,958,545.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REPORTED BY AFFILIATES 1,504,934.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt086646
IRS990ScheduleD/TotalLiabilityAmt02019641
IRS990ScheduleD/TotalRevenuePerForm990Amt0166310
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02124855
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01591580
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0144573
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07957
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt019664
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOANN STORMER-RELATED ORG COMP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0172194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TOM WENTE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CURRENT BOARD MEMBER, >5% OWNER OF CORPORATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BOARD MEMBER IS A MINORITY SHAREHOLDER IN AN ACCOUNTING FIRM THAT RECEIVES COMPENSATION FOR BOOKKEEPING SERVICES PERFORMED FOR THE ORGANIZATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO AND DISCUSSED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, 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/ExplanationTxt2THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS. THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS AND INCREASES ARE BASED ON MERIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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 B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
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/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/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt111A TYPE I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt211A TYPE 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/TransactionsRelatedOrgGrp/InvolvedAmt0162558
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11857083
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ROCHESTER AREA FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FIRST HOMES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,314,989
Liabilities
$2,021,540
Net assets
$293,449
Revenue
$166,310
Expenses
$86,646
Net income
$79,664
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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • $1M-$5M nonprofits