Civic Intelligence

Little Earth Residents Association Inc.

990 • Fiscal year 2013 • EIN 36-3309894

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 12, 2014

2495 18th Avenue South55404

(612) 455-2828

Siviq Scores

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

Liabilities / Assets

66th percentile

0.28x

Higher debt load relative to assets than 66% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

83rd percentile

$136,029

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

96th percentile

116%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$559,738

Up $300,566 (+116%) from 2012

Net Assets

Up

$402,957

Up $300,615 (+294%) from 2012

Liabilities

Down

$156,781

Down $49 (-0.0%) from 2012

Revenue

$1,315,686

No earlier filing loaded for comparison.

Expenses

Down

$1,015,071

Down $34,828 (-3.3%) from 2012

Net Income

$300,615

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $160,102Liabilities 2010: $178,260Net Assets 2010: -$18,1582010Assets 2011: $317,955Liabilities 2011: $221,675Net Assets 2011: $96,2802011Assets 2012: $259,172Liabilities 2012: $156,830Net Assets 2012: $102,3422012Assets 2013: $559,738Liabilities 2013: $156,781Net Assets 2013: $402,9572013Assets 2014: $387,766Liabilities 2014: $261,752Net Assets 2014: $126,0142014Assets 2015: $544,576Liabilities 2015: $335,688Net Assets 2015: $208,8882015Assets 2016: $503,535Liabilities 2016: $680,013Net Assets 2016: -$176,4782016Assets 2017: $455,636Liabilities 2017: $156,039Net Assets 2017: $299,5972017Assets 2018: $346,586Liabilities 2018: $110,474Net Assets 2018: $236,1122018Assets 2019: $304,179Liabilities 2019: $114,045Net Assets 2019: $190,1342019Assets 2020: $504,726Liabilities 2020: $202,700Net Assets 2020: $302,0262020Assets 2021: $940,868Liabilities 2021: $61,531Net Assets 2021: $879,3372021Assets 2022: $1,385,208Liabilities 2022: $64,745Net Assets 2022: $1,320,4632022Assets 2023: $2,614,940Liabilities 2023: $89,065Net Assets 2023: $2,525,8752023Assets 2024: $2,612,938Liabilities 2024: $182,538Net Assets 2024: $2,430,4002024

Highlighted filing

2013

Assets$559,738
Liabilities$156,781
Net Assets$402,957

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $906,3162010Expenses 2011: $955,5912011Expenses 2012: $1,049,8992012Revenue 2013: $1,315,686Expenses 2013: $1,015,071Net Income 2013: $300,6152013Revenue 2014: $1,126,115Expenses 2014: $1,403,058Net Income 2014: -$276,9432014Revenue 2015: $1,439,973Expenses 2015: $1,343,524Net Income 2015: $96,4492015Revenue 2016: $1,069,374Expenses 2016: $1,468,315Net Income 2016: -$398,9412016Revenue 2017: $1,762,168Expenses 2017: $1,286,093Net Income 2017: $476,0752017Revenue 2018: $1,072,356Expenses 2018: $1,135,841Net Income 2018: -$63,4852018Revenue 2019: $1,175,543Expenses 2019: $1,221,521Net Income 2019: -$45,9782019Revenue 2020: $1,082,911Expenses 2020: $971,019Net Income 2020: $111,8922020Revenue 2021: $1,610,380Expenses 2021: $1,034,482Net Income 2021: $575,8982021Revenue 2022: $1,931,103Expenses 2022: $1,489,977Net Income 2022: $441,1262022Revenue 2023: $3,126,308Expenses 2023: $1,902,959Net Income 2023: $1,223,3492023Revenue 2024: $1,906,813Expenses 2024: $2,002,288Net Income 2024: -$95,4752024

Highlighted filing

2013

Revenue$1,315,686
Expenses$1,015,071
Net Income$300,615
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 12, 2014
Return Version
2013v3.0
Gross Receipts
$1,315,686
Mission and Program Overview

Mission

The mission of the little earth residents association is to promote self-esteem and build self-determination in little earth residents.

To promote self-esteem and build self-determination in little earth residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$135,844$209,591▲ $73,747
Savings and Temporary Cash Investments-$80,035-
Land, Buildings, and Equipment, Net$44,777$61,457▲ $16,680
Prepaid Expenses and Deferred Charges$6,562$12,703▲ $6,141
Cash and Non-Interest-Bearing Accounts$903$8,114▲ $7,211
Total Assets$259,172$559,738▲ $300,566
Other Assets Total$71,086$187,838▲ $116,752
Liabilities
Accounts Payable and Accrued Expenses$129,072$128,003▼ $1,069
Other Liabilities$27,758$16,844▼ $10,914
Deferred Revenue-$11,934-
Total Liabilities$156,830$156,781▼ $49
Net Assets / Fund Balance
Temporarily Rstr Net Assets$44,023$486,227▲ $442,204
Unrestricted Net Assets$58,319$-83,270▼ $141,589
Total Net Assets Fund Balance$102,342$402,957▲ $300,615
Total Liabilities and Net Assets / Fund Balance$259,172$559,738▲ $300,566

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$61,457$133,947$195,404
Other Assets Org$187,838--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
William ZieglerPresident & CEO$12,077$123,952$136,029

Board Members and Trustees

NameTitle
Yolanda ReyesChairperson
Tammy SkinawayVice Chairperson
Debra MonroeBoard Member
Evelyn VasquezBoard Member
Jean HowardBoard Member
Kristin DionneBoard Member
Muriel ThompsonBoard Member
Patricia HanksBoard Member
Sherry Grey EagleBoard Member
Wayne Murphy DeceasedTreasurer & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,244,039
Program Service Revenue
$61,968
Investment Income
$133
Other Revenue
$9,546
All Other Contributions
$810,111
Change in Net Assets
$300,615

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,315,686
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$67,500
Total Revenue per Audited Statements
$1,383,186
Total Revenue per Form 990
$1,315,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$552,102
Other Expenses$462,969
Total Fundraising Expense$58,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$346,689$26,913$25,971$399,573
Other Expenses$208,461$4,706$1,086$214,253
Office Expenses$60,304$14,446$1,991$76,741
Other Employee Benefits$62,620$4,861$4,691$72,172
Payroll Taxes$59,243$4,599$4,438$68,280
Fees for Services Other$20,593$25,254$10,560$56,407
Fees for Services Accounting$16,694$20,473$8,560$45,727
Travel$38,673$872$202$39,747
Depreciation Depletion$11,890$3,963-$15,853
Current Officers, Directors, Trustees, and Key Employees$10,479$813$785$12,077
Insurance$8,658$2,886-$11,544
All Other Expenses$616$796-$1,412
Conferences and Meetings$1,285--$1,285
Total Functional Expenses$846,205$110,582$58,284$1,015,071

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,082,571
Expenses per Audited Statements$1,015,071
Total Expenses per Form 990$1,015,071
Expenses Not Reported on Form 990$67,500
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Liability$15,419
Related Party Payable$1,425
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of this corporation are all individuals 18 years of age who reside in the little earth housing complex located at 2501 cedar avenue south, minneapolis, minnesota, 55404, and who subscribe to the purpose of this corporation and agree to abide by its articles of incorporation and bylaws.

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

Each townhouse cluster and apartment building elects one resident council member and one alternate resident council member. Two at-large community members are voted in by the members by age-bracket: the elder representative for age 55 years or older and the youth representative for age 10 - 17. The majority of the voting members of any cluster or apartment building may call for a vote to remove its resident council member. A majority of the voting members of such cluster or apartment building are required for removal.

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

Amendments to the articles of incorporation or bylaws require approval of the members as shown by a two-thirds majority vote.

Form 990, Part VI, Section B, Line 11

The form 990 was reviewed by management with the assistance of an outside accountant, then copies of the form 990 were sent to all of the board members prior to filing.

Form 990, Part VI, Section B, Line 15

Form 990, part vi, line 15: the ceo of little earth residents association ("lera") is compensated by little earth neighborhood early learning center ("nelc"), a related organization. Lera compensates nelc for the portion of the ceo's time that is dedicated to lera. The ceo's compensation is determined through an annual joint discussion by the boards of directors of the three little earth affiliates (see schedule r for details). This annual discussion includes review and approval by independent persons as well as comparability data. However, the annual discussion is not contemporaneously documented. There are no other paid officers or key employees.

Form 990, Part VI, Section C, Line 19

The organization's financial statements are made available to public upon request. The organization does not make its governing documents nor its conflict of interest policy available to the public.

Filing and Contact Details

Filer

EIN
36-3309894
Phone
6124552828

Signing Officer

Name
Robert Lilligren
Title
President & CEO
Phone
6124552828
Signed
2014-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Lilligren
Formed
1983
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
15

Preparer

Preparer
Chad Lassen
Phone
6123764500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Lera follows the income tax standard regarding the recognition and measurement of uncertain tax positions. The organization's tax retruns are subject to review by federal and state authorities. The organization is not aware of any activities that would jeopardize its tax-exempt status. The tax returns for the years 2010 to 2013 are open to examination by federal and state authorities.

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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02886
IRS990/InsuranceGrp/ProgramServicesAmt08658
IRS990/InsuranceGrp/TotalAmt011544
IRS990/InvestmentIncomeGrp/ExclusionAmt0133
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0133
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0133947
IRS990/LandBldgEquipBasisNetGrp/BOYAmt044777
IRS990/LandBldgEquipBasisNetGrp/EOYAmt061457
IRS990/LandBldgEquipCostOrOtherBssAmt0195404
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE LITTLE EARTH RESIDENTS ASSOCIATION IS TO PROMOTE SELF-ESTEEM AND BUILD SELF-DETERMINATION IN LITTLE EARTH RESIDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0102342
IRS990/NetAssetsOrFundBalancesEOYAmt0402957
IRS990/NetIncomeOrLossGrp/ExclusionAmt01927
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01927
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01991
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014446
IRS990/OfficeExpensesGrp/ProgramServicesAmt060304
IRS990/OfficeExpensesGrp/TotalAmt076741
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt071086
IRS990/OtherAssetsTotalGrp/EOYAmt0187838
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04691
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04861
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062620
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072172
IRS990/OtherExpensesGrp/Desc0PROGRAM ACTIVITIES
IRS990/OtherExpensesGrp/FundraisingAmt01086
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04706
IRS990/OtherExpensesGrp/ProgramServicesAmt0208461
IRS990/OtherExpensesGrp/TotalAmt0214253
IRS990/OtherLiabilitiesGrp/BOYAmt027758
IRS990/OtherLiabilitiesGrp/EOYAmt016844
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt07619
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07619
IRS990/OtherRevenueTotalAmt07619
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025971
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026913
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0346689
IRS990/OtherSalariesAndWagesGrp/TotalAmt0399573
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04438
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04599
IRS990/PayrollTaxesGrp/ProgramServicesAmt059243
IRS990/PayrollTaxesGrp/TotalAmt068280
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0135844
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0209591
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06562
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012703
IRS990/PrincipalOfficerNm0ROBERT LILLIGREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RES. ASSOCIATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061968
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0969698
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt0437473
IRS990/PYOtherRevenueAmt024268
IRS990/PYProgramServiceRevenueAmt061968
IRS990/PYRevenuesLessExpensesAmt06062
IRS990/PYSalariesCompEmpBnftPaidAmt0612426
IRS990/PYTotalExpensesAmt01049899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01055961
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0300615
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt061968
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080035
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2009 AMOUNT: $ 1,291. 2010 AMOUNT: $ 9,092. 2011 AMOUNT: $ 2,597. 2012 AMOUNT: $ 21,678. 2013 AMOUNT: $ 7,619.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01244039
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0969698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01001904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0766411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0872876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04854928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0264
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0274340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07619
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021678
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09092
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01291
IRS990ScheduleA/OtherIncome170Grp/TotalAmt042277
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91570
IRS990ScheduleA/PublicSupportPY170Pct00.89610
IRS990ScheduleA/PublicSupportTotal170Amt04484526
IRS990ScheduleA/SubstantialContributorsTotAmt0370402
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01244039
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0969698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01001904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0766411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0872876
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04854928
IRS990ScheduleA/TotalSupportAmt04897469
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/DonatedServicesAndUseFcltsAmt067500
IRS990ScheduleD/DonatedServicesUseFcltsAmt067500
IRS990ScheduleD/EquipmentGrp/BookValueAmt061457
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133947
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0195404
IRS990ScheduleD/ExpensesNotReportedAmt067500
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01015071
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0187838
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt067500
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01315686
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LERA FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S TAX RETRUNS ARE SUBJECT TO REVIEW BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE YEARS 2010 TO 2013 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt061457
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0187838
IRS990ScheduleD/TotalExpensesPerForm990Amt01015071
IRS990ScheduleD/TotalLiabilityAmt016844
IRS990ScheduleD/TotalRevenuePerForm990Amt01315686
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01383186
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01082571
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THIS CORPORATION ARE ALL INDIVIDUALS 18 YEARS OF AGE WHO RESIDE IN THE LITTLE EARTH HOUSING COMPLEX LOCATED AT 2501 CEDAR AVENUE SOUTH, MINNEAPOLIS, MINNESOTA, 55404, AND WHO SUBSCRIBE TO THE PURPOSE OF THIS CORPORATION AND AGREE TO ABIDE BY ITS ARTICLES OF INCORPORATION AND BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH TOWNHOUSE CLUSTER AND APARTMENT BUILDING ELECTS ONE RESIDENT COUNCIL MEMBER AND ONE ALTERNATE RESIDENT COUNCIL MEMBER. TWO AT-LARGE COMMUNITY MEMBERS ARE VOTED IN BY THE MEMBERS BY AGE-BRACKET: THE ELDER REPRESENTATIVE FOR AGE 55 YEARS OR OLDER AND THE YOUTH REPRESENTATIVE FOR AGE 10 - 17. THE MAJORITY OF THE VOTING MEMBERS OF ANY CLUSTER OR APARTMENT BUILDING MAY CALL FOR A VOTE TO REMOVE ITS RESIDENT COUNCIL MEMBER. A MAJORITY OF THE VOTING MEMBERS OF SUCH CLUSTER OR APARTMENT BUILDING ARE REQUIRED FOR REMOVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS REQUIRE APPROVAL OF THE MEMBERS AS SHOWN BY A TWO-THIRDS MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS REVIEWED BY MANAGEMENT WITH THE ASSISTANCE OF AN OUTSIDE ACCOUNTANT, THEN COPIES OF THE FORM 990 WERE SENT TO ALL OF THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VI, LINE 15: THE CEO OF LITTLE EARTH RESIDENTS ASSOCIATION ("LERA") IS COMPENSATED BY LITTLE EARTH NEIGHBORHOOD EARLY LEARNING CENTER ("NELC"), A RELATED ORGANIZATION. LERA COMPENSATES NELC FOR THE PORTION OF THE CEO'S TIME THAT IS DEDICATED TO LERA. THE CEO'S COMPENSATION IS DETERMINED THROUGH AN ANNUAL JOINT DISCUSSION BY THE BOARDS OF DIRECTORS OF THE THREE LITTLE EARTH AFFILIATES (SEE SCHEDULE R FOR DETAILS). THIS ANNUAL DISCUSSION INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS AS WELL AS COMPARABILITY DATA. HOWEVER, THE ANNUAL DISCUSSION IS NOT CONTEMPORANEOUSLY DOCUMENTED. THERE ARE NO OTHER PAID OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS NOR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0411802237
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0ADMINISTRATIVE SERVICES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine10LITTLE EARTH MANAGMENT LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine102495 18TH AVENUE SOUTH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/City0MINNEAPOLIS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/State0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCode055404

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.61$0.18$2.43$1.91$2.00$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.09$2.53$3.13$1.90$1.22
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.06$1.32$1.93$1.49$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.94$0.06$0.88$1.61$1.03$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.20$0.30$1.08$0.97$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.11$0.19$1.18$1.22$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.11$0.24$1.07$1.14$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.16$0.30$1.76$1.29$0.48
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.68$0.18$1.07$1.47$0.40
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.34$0.21$1.44$1.34$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.26$0.13$1.13$1.40$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.16$0.40$1.32$1.02$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.16$0.10$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.22$0.10$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.18$0.02$0.91