Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Kenyon Roseview Apartments Inc
EIN 41-0967392 • 501(c)3 • Wabasha, MN
Profile
Kenyon roseview apartments, inc. Provides low-income housing to the poor and econocmically distressed. Housing may either be provided in the form of rental facilities to individuals and families or as home ownership opportunities ("units"). In each housing project, the organization will adhere to the requirements of qualifying as a "low-income housing project" as defined by 26 u.s.c. 42 (low income housing credit), or the applicable proportion of the irs code as amended, and all limits compiled and published by the department of housing and urban development ("hud"). Further, kenyon roseview apartments, inc. Shall administer its program in conformity to the low income housing guidelines safe harbor established under irs rev. Procedure 96-32.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.80x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Down$221,821
Down $7,326 (-3.2%) from 2023
Liabilities
Down$177,944
Down $14,615 (-7.6%) from 2023
Net Assets
Up$43,877
Up $7,289 (+20%) from 2023
Revenue
Up$81,137
Up $11,972 (+17%) from 2023
Expenses
Up$77,049
Up $1,584 (+2.1%) from 2023
Net Income
Up$4,088
Up $10,388 (+165%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $221,821
- Liabilities
- $177,944
- Net assets
- $43,877
- Revenue
- $81,137
- Expenses
- $77,049
- Net income
- $4,088
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 11, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $81,137
Mission and Program Overview
Mission
Kenyon roseview apartments, inc. Provides low-income housing to the poor and econocmically distressed. Housing may either be provided in the form of rental facilities to individuals and families or as home ownership opportunities ("units"). In each housing project, the organization will adhere to teh requirements of qualifying as a "low-income housing project" as defined by 26 u.s.c. 42 (low income housing credit), or the applicable proportion of teh irs code as amended, and all limits compiled and published by the department of housing and urban development ("hud"). Further, kenyon roseview apartments, inc. Shall administer its program in conformity to the low income housing guidelines safe harbor established under irs rev. Procedure 96-32.
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE AFFORDABLE HOUSING TO PERSONS AND FAMILIES IN SOUTHEAST MINNESOTA. | - | $77,049 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| FRANKLIN PETERSON | Director | - | $0 | - | - |
| JERRY HOUGLUM | Director | - | $0 | - | - |
| CORA LEE MONROE | Director | - | $0 | - | - |
| DOUG KLEVOS | Director | - | $0 | - | - |
| BRAD ANDERSON | Director | - | $0 | - | - |
| JOHN MORTENSON | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kenyon Roseview Apartments Inc
- EIN
- 41-0967392
- In Care Of
- % CORA LEE MONROE
- Phone
- 6515652638
- Address
- 134 EAST SECOND STREET, WABASHA, MN 55981
Signing Officer
- Name
- Cora Lee Monroe
- Title
- Director
- Phone
- 6515652638
- Signed
- 2025-11-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Buchta Tax & Bookkeeping Serv LLC
- Address
- 636 2ND STREET, Kenyon, MN 55946
- Preparer
- Gary G Buchta CPA
- Phone
- 5077896148
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountTENANT CHARGES 554”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 10,198REAL ESTATE TAXES 9,778PAYROLL TAXES 357INSURANCE 21,010WORK COMP INSURANCE 91INTEREST EXPENSE 142ADVERTISING 326SUPPLIES 73”
Other changes in net assets or fund balances Part I line 20
“Description AmountPRIOR PERIOD ADJUSTMENTS 3,201”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearCURRENT LIABILITIES 2,336 2,886LONG TERM LIABILITIES 190,223 175,058”
Part III response or note to any other line in Part III
“Form 990-ez, part iii, primary exempt purpose- kenyon roseview apartments inc owns and opertes a 12 unit apartment facility in a rural community. Rental rates below $600 per month, well below the market for similar units. Renters are generally lower income individuals and families that are not able to afford fair market value rental housing.”
Raw XML Appendix151 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WABASHA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 14420 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4088 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11218 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 229147 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 221821 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81137 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 15 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 217599 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 207401 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 36588 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43877 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 36588 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43877 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20908 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | FRANKLIN PETERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JERRY HOUGLUM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CORA LEE MONROE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DOUG KLEVOS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BRAD ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JOHN MORTENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 3201 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41975 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 554 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 80568 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE AFFORDABLE HOUSING TO PERSONS AND FAMILIES IN SOUTHEAST MINNESOTA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 77049 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 2948 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 192559 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 177944 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 77049 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 77049 |
| IRS990EZ/TotalRevenueAmt | 0 | 81137 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 9 |
| IRS990ScheduleA/PrivateFoundation170Ind | 0 | X |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 9 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountTENANT CHARGES 554 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 10,198REAL ESTATE TAXES 9,778PAYROLL TAXES 357INSURANCE 21,010WORK COMP INSURANCE 91INTEREST EXPENSE 142ADVERTISING 326SUPPLIES 73 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountPRIOR PERIOD ADJUSTMENTS 3,201 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearCURRENT LIABILITIES 2,336 2,886LONG TERM LIABILITIES 190,223 175,058 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE- KENYON ROSEVIEW APARTMENTS INC OWNS AND OPERTES A 12 UNIT APARTMENT FACILITY IN A RURAL COMMUNITY. RENTAL RATES BELOW $600 PER MONTH, WELL BELOW THE MARKET FOR SIMILAR UNITS. RENTERS ARE GENERALLY LOWER INCOME INDIVIDUALS AND FAMILIES THAT ARE NOT ABLE TO AFFORD FAIR MARKET VALUE RENTAL HOUSING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CORA LEE MONROE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6515652638 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KENYON ROSEVIEW APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KENY |
| ReturnHeader/Filer/EIN | 0 | 410967392 |
| ReturnHeader/Filer/InCareOfNm | 0 | % CORA LEE MONROE |
| ReturnHeader/Filer/PhoneNum | 0 | 6515652638 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 134 EAST SECOND STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WABASHA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55981 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 332314755 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Buchta Tax & Bookkeeping Serv LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 636 2ND STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Kenyon |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55946 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5077896148 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARY G BUCHTA CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-11-11T13:52:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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