Civic Intelligence

Cardinal Homes Inc.

990 • Fiscal year 2023 • EIN 41-0986512

Oct 01, 2022 to Sep 30, 2023 • Filed on Dec 06, 2023

Organization ProfileN/A
308 South Mill StreetFergus Falls, MN 56537

(218) 739-9506

Siviq Scores

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

Liabilities / Assets

91st percentile

0.81x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

3.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

52nd percentile

5.1%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

34th percentile

-0.5%

Faster asset growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

6.5%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$2,124,166

Down $11,367 (-0.5%) from 2022

Net Assets

Up

$403,262

Up $27,777 (+7.4%) from 2022

Liabilities

Down

$1,720,904

Down $39,144 (-2.2%) from 2022

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin52nd percentile

Revenue

Up

$542,567

Up $32,935 (+6.5%) from 2022

Expenses

Down

$514,790

Down $16,665 (-3.1%) from 2022

Net Income

Up

$27,777

Up $49,600 (+227%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $333,149Liabilities 2011: $94,497Net Assets 2011: $238,6522011Assets 2012: $338,102Liabilities 2012: $54,122Net Assets 2012: $283,9802012Assets 2013: $402,033Liabilities 2013: $57,369Net Assets 2013: $344,6642013Assets 2014: $445,143Liabilities 2014: $58,474Net Assets 2014: $386,6692014Assets 2015: $2,471,566Liabilities 2015: $2,109,006Net Assets 2015: $362,5602015Assets 2016: $2,472,008Liabilities 2016: $2,128,938Net Assets 2016: $343,0702016Assets 2017: $2,406,221Liabilities 2017: $2,098,322Net Assets 2017: $307,8992017Assets 2018: $2,360,315Liabilities 2018: $2,070,941Net Assets 2018: $289,3742018Assets 2019: $2,349,277Liabilities 2019: $2,039,456Net Assets 2019: $309,8212019Assets 2020: $2,341,572Liabilities 2020: $1,985,597Net Assets 2020: $355,9752020Assets 2022: $2,135,533Liabilities 2022: $1,760,048Net Assets 2022: $375,4852022Assets 2023: $2,124,166Liabilities 2023: $1,720,904Net Assets 2023: $403,2622023Assets 2024: $2,167,102Liabilities 2024: $1,686,370Net Assets 2024: $480,7322024Assets 2025: $2,185,930Liabilities 2025: $1,590,779Net Assets 2025: $595,1512025

Highlighted filing

2023

Assets$2,124,166
Liabilities$1,720,904
Net Assets$403,262
Open 2023 Filing

Operations Trend

Revenue Growth49th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $384,516Expenses 2011: $332,574Net Income 2011: $51,9422011Revenue 2012: $390,288Expenses 2012: $344,960Net Income 2012: $45,3282012Revenue 2013: $395,375Expenses 2013: $334,691Net Income 2013: $60,6842013Revenue 2014: $405,207Expenses 2014: $363,202Net Income 2014: $42,0052014Revenue 2015: $381,067Expenses 2015: $405,176Net Income 2015: -$24,1092015Revenue 2016: $404,614Expenses 2016: $424,104Net Income 2016: -$19,4902016Revenue 2017: $418,286Expenses 2017: $453,457Net Income 2017: -$35,1712017Revenue 2018: $441,129Expenses 2018: $459,654Net Income 2018: -$18,5252018Revenue 2019: $474,301Expenses 2019: $453,854Net Income 2019: $20,4472019Revenue 2020: $488,403Expenses 2020: $442,249Net Income 2020: $46,1542020Revenue 2022: $509,632Expenses 2022: $531,455Net Income 2022: -$21,8232022Revenue 2023: $542,567Expenses 2023: $514,790Net Income 2023: $27,7772023Revenue 2024: $633,219Expenses 2024: $555,749Net Income 2024: $77,4702024Revenue 2025: $679,195Expenses 2025: $564,776Net Income 2025: $114,4192025

Highlighted filing

2023

Revenue$542,567
Expenses$514,790
Net Income$27,777
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Dec 6, 2023
Return Version
2022v5.0
Gross Receipts
$542,567
Mission and Program Overview

Mission

Furnishing subsidized housing to low income, disabled and elderly persons.

Furnishing subsidized housing to low income, disabled, and elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,710,407$1,633,226▼ $77,181
Savings and Temporary Cash Investments$303,843$371,236▲ $67,393
Cash and Non-Interest-Bearing Accounts$81,118$83,791▲ $2,673
Prepaid Expenses and Deferred Charges$24,187$25,744▲ $1,557
Accounts Receivable$15,978$10,169▼ $5,809
Total Assets$2,135,533$2,124,166▼ $11,367
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,685,319$1,645,417▼ $39,902
Accounts Payable and Accrued Expenses$59,606$57,366▼ $2,240
Other Liabilities$13,097$14,555▲ $1,458
Deferred Revenue$2,026$3,566▲ $1,540
Total Liabilities$1,760,048$1,720,904▼ $39,144
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$375,084$402,923▲ $27,839
Net Assets With Donor Restrictions$401$339▼ $62
Total Net Assets Fund Balance$375,485$403,262▲ $27,777
Total Liabilities and Net Assets / Fund Balance$2,135,533$2,124,166▼ $11,367

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,597,655$2,340,484$3,938,139
Land$35,571-$35,571
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Garnet MuehlhausenPresident
Leon KellerVice President
Kevin BrennanDirector
Susan VukonichDirector
Todd JohnsonDirector
Robert PerrySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$529,466
Investment Income
$13,101
Other Revenue
$0
Change in Net Assets
$27,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$542,567
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$542,567
Total Revenue per Form 990
$542,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$514,790
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$108,286--$108,286
Insurance$51,406--$51,406
Fees for Services Management$42,300--$42,300
Occupancy$29,050--$29,050
Office Expenses$8,342--$8,342
Fees for Services Accounting$7,309--$7,309
Advertising$4,452--$4,452
Fees for Services Legal$1,434--$1,434
Interest$1,172--$1,172
Other Expenses$1,104--$1,104
Total Functional Expenses$514,790$0$0$514,790

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$514,790
Total Expenses per Audited Statements$514,790
Total Expenses per Form 990$514,790
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$14,555
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has entered into a management agteement with augustana senior development ii, llc. The management company is appointed as exclusive agent for the management and marketing of the property.”

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

“The directors of the organization are elected by the church council of the augustana lutheran church of fergus falls, minnesota or its successor in interest.”

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

“A copy of the form 990 is available for review by the board of directors but is not reviewed in detail before filed.”

Form 990, Part VI, Section B, Line 15A

“The organization has entered into a management agreement with augustana senior development ii, llc. The salaries are agreed upon by augustana senior development ii, llc.”

Form 990, Part VI, Section C, Line 19

“The governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Cardinal Homes Inc
EIN
41-0986512
Phone
2187399506
Address
308 SOUTH MILL STREET, FERGUS FALLS, MN 56537

Signing Officer

Name
Garnet Muehlhausen
Title
President
Phone
2187399506
Signed
2023-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garnet Muehlhausen
Formed
1970
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Mahoney Ulbrich Christiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Tonya J Sheldon
Phone
6512276695
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project is exempt from income taxes under internal revenue code section 501(c)(3) and applicable minnesota statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. The project did not have any unrelated business income or uncertain tax positions.”

Raw XML AppendixShowing 400 of 402 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/BOYAmt059606
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057366
IRS990/AccountsReceivableGrp/BOYAmt015978
IRS990/AccountsReceivableGrp/EOYAmt010169
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FURNISHING SUBSIDIZED HOUSING TO LOW INCOME, DISABLED, AND ELDERLY PERSONS.
IRS990/AdvertisingGrp/ProgramServicesAmt04452
IRS990/AdvertisingGrp/TotalAmt04452
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02187399506
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0308 SOUTH MILL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FERGUS FALLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056537
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt081118
IRS990/CashNonInterestBearingGrp/EOYAmt083791
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013101
IRS990/CYOtherExpensesAmt0514790
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0529466
IRS990/CYRevenuesLessExpensesAmt027777
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0514790
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0542567
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02026
IRS990/DeferredRevenueGrp/EOYAmt03566
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0108286
IRS990/DepreciationDepletionGrp/TotalAmt0108286
IRS990/Desc0FURNISHING SUBSIDIZED HOUSING TO LOW INCOME, DISABLED, AND ELDERLY PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0401
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0339
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0514790
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07309
IRS990/FeesForServicesAccountingGrp/TotalAmt07309
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01434
IRS990/FeesForServicesLegalGrp/TotalAmt01434
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt042300
IRS990/FeesForServicesManagementGrp/TotalAmt042300
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN BRENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm1GARNET MUEHLHAUSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2LEON KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm4TODD JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN VUKONICH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0542567
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt051406
IRS990/InsuranceGrp/TotalAmt051406
IRS990/InterestGrp/ProgramServicesAmt01172
IRS990/InterestGrp/TotalAmt01172
IRS990/InvestmentIncomeGrp/ExclusionAmt013101
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013101
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02340484
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01710407
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01633226
IRS990/LandBldgEquipCostOrOtherBssAmt03973710
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FURNISHING SUBSIDIZED HOUSING TO LOW INCOME, DISABLED, AND ELDERLY PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01685319
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01645417
IRS990/NetAssetsOrFundBalancesBOYAmt0375485
IRS990/NetAssetsOrFundBalancesEOYAmt0403262
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0375084
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0402923
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt029050
IRS990/OccupancyGrp/TotalAmt029050
IRS990/OfficeExpensesGrp/ProgramServicesAmt08342
IRS990/OfficeExpensesGrp/TotalAmt08342
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACT WORKERS AND RE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/ProgramServicesAmt0133917
IRS990/OtherExpensesGrp/ProgramServicesAmt173953
IRS990/OtherExpensesGrp/ProgramServicesAmt252065
IRS990/OtherExpensesGrp/ProgramServicesAmt31104
IRS990/OtherExpensesGrp/TotalAmt0133917
IRS990/OtherExpensesGrp/TotalAmt173953
IRS990/OtherExpensesGrp/TotalAmt252065
IRS990/OtherExpensesGrp/TotalAmt31104
IRS990/OtherLiabilitiesGrp/BOYAmt013097
IRS990/OtherLiabilitiesGrp/EOYAmt014555
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024187
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025744
IRS990/PrincipalOfficerNm0GARNET MUEHLHAUSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0510804
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118662
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0510804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118662
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02064
IRS990/PYOtherExpensesAmt0531455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0507568
IRS990/PYRevenuesLessExpensesAmt0-21823
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0531455
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0509632
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt027777
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0529466
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0303843
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0371236
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0705
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03841
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt023235
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0529466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0507568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0501569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0484696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0470460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02493759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01172
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03841
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt023235
IRS990ScheduleA/InvestmentIncomeCYPct00.00920
IRS990ScheduleA/InvestmentIncomePYPct00.00520
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99080
IRS990ScheduleA/PublicSupportPY509Pct00.99480
IRS990ScheduleA/PublicSupportTotal509Amt02494464
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0529466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0507568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0501624
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0485346
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0470460
IRS990ScheduleA/Total509Grp/TotalAmt02494464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0542567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0509632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0502796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0488403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0474301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02517699
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01597655
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02340484
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03938139
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0514790
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt035571
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0542567
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE PROJECT DID NOT HAVE ANY UNRELATED BUSINESS INCOME OR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01633226
IRS990ScheduleD/TotalExpensesPerForm990Amt0514790
IRS990ScheduleD/TotalLiabilityAmt014555
IRS990ScheduleD/TotalRevenuePerForm990Amt0542567
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0542567
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0514790
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGTEEMENT WITH AUGUSTANA SENIOR DEVELOPMENT II, LLC. THE MANAGEMENT COMPANY IS APPOINTED AS EXCLUSIVE AGENT FOR THE MANAGEMENT AND MARKETING OF THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS OF THE ORGANIZATION ARE ELECTED BY THE CHURCH COUNCIL OF THE AUGUSTANA LUTHERAN CHURCH OF FERGUS FALLS, MINNESOTA OR ITS SUCCESSOR IN INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS BUT IS NOT REVIEWED IN DETAIL BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH AUGUSTANA SENIOR DEVELOPMENT II, LLC. THE SALARIES ARE AGREED UPON BY AUGUSTANA SENIOR DEVELOPMENT II, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02135533
IRS990/TotalAssetsEOYAmt02124166
IRS990/TotalAssetsGrp/BOYAmt02135533
IRS990/TotalAssetsGrp/EOYAmt02124166
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0514790
IRS990/TotalFunctionalExpensesGrp/TotalAmt0514790
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01760048
IRS990/TotalLiabilitiesEOYAmt01720904
IRS990/TotalLiabilitiesGrp/BOYAmt01760048
IRS990/TotalLiabilitiesGrp/EOYAmt01720904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0375485
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0403262
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0514790
IRS990/TotalProgramServiceRevenueAmt0529466
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0529466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0542567
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02135533
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02124166
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0308 SOUTH MILL STREET
IRS990/USAddress/CityNm0FERGUS FALLS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056537
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARNET MUEHLHAUSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02187399506
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARDINAL HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0CARD
ReturnHeader/Filer/EIN0410986512
ReturnHeader/Filer/PhoneNum02187399506
ReturnHeader/Filer/USAddress/AddressLine1Txt0308 SOUTH MILL STREET
ReturnHeader/Filer/USAddress/CityNm0FERGUS FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056537
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411647057
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAHONEY ULBRICH CHRISTIANSEN & RUSS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 RIVER PARK PLAZA SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055107
ReturnHeader/PreparerPersonGrp/PhoneNum06512276695
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONYA J SHELDON
ReturnHeader/ReturnTs02023-12-11T16:57:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARNET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MUEHLHAUSEN
ReturnHeader/TaxPeriodBeginDt02022-10-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,124,166
Liabilities
$1,720,904
Net assets
$403,262
Revenue
$542,567
Expenses
$514,790
Net income
$27,777
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$1.59$0.60$0.68$0.56$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$1.69$0.48$0.63$0.56$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.12$1.72$0.40$0.54$0.51$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$1.76$0.38$0.51$0.53$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$1.99$0.36$0.49$0.44$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$2.04$0.31$0.47$0.45$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$2.07$0.29$0.44$0.46$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$2.10$0.31$0.42$0.45$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$2.13$0.34$0.40$0.42$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.47$2.11$0.36$0.38$0.41$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.06$0.39$0.41$0.36$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.06$0.34$0.40$0.33$0.06
2012Summary only. Only limited summary data is available for this year.$0.34$0.05$0.28$0.39$0.34$0.05
2011Summary only. Only limited summary data is available for this year.$0.33$0.09$0.24$0.38$0.33$0.05