Civic Intelligence

Buffalo Lake Area Housing Inc

EIN 41-1381911 • 501(c)4 • Buffalo Lake, MN

Buffalo Lake, MN
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.27x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

92nd percentile

0.56x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

54th percentile

3.4%

Higher net margin than 54% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

46th percentile

-3.5%

Faster asset growth than 46% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets86th percentile

Using 2023 Form 990EZ data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$112,812

Down $10,571 (-8.6%) from 2022

Liabilities

Down

$40,451

Down $6,444 (-14%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue92nd percentileNet Margin54th percentile

Revenue

Down

$47,032

Down $4,561 (-8.8%) from 2022

Expenses

Down

$51,159

Down $3,566 (-6.5%) from 2022

Net Income

Down

-$4,127

Down $995 (-32%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $124,329Liabilities 2011: $107,4412011Assets 2012: $125,145Liabilities 2012: $102,2102012Assets 2013: $125,784Liabilities 2013: $97,2212013Assets 2014: $122,934Liabilities 2014: $91,2882014Assets 2015: $120,354Liabilities 2015: $86,3612015Assets 2016: $118,140Liabilities 2016: $80,6262016Assets 2017: $111,960Liabilities 2017: $75,1092017Assets 2018: $104,351Liabilities 2018: $69,8732018Assets 2019: $110,741Liabilities 2019: $64,3812019Assets 2020: $121,453Liabilities 2020: $58,706Net Assets 2020: $62,7472020Assets 2021: $132,600Liabilities 2021: $52,980Net Assets 2021: $79,6202021Assets 2022: $123,383Liabilities 2022: $46,895Net Assets 2022: $76,4882022Assets 2023: $112,812Liabilities 2023: $40,4512023

Latest loaded filing

2023

Assets$112,812
Liabilities$40,451
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $51,480Expenses 2011: $48,054Net Income 2011: $3,4262011Revenue 2012: $60,581Expenses 2012: $54,534Net Income 2012: $6,0472012Revenue 2013: $59,959Expenses 2013: $54,331Net Income 2013: $5,6282013Revenue 2014: $57,058Expenses 2014: $53,975Net Income 2014: $3,0832014Revenue 2015: $58,371Expenses 2015: $56,024Net Income 2015: $2,3472015Revenue 2016: $54,163Expenses 2016: $50,642Net Income 2016: $3,5212016Revenue 2017: $52,997Expenses 2017: $53,660Net Income 2017: -$6632017Revenue 2018: $49,867Expenses 2018: $52,240Net Income 2018: -$2,3732018Revenue 2019: $58,238Expenses 2019: $46,357Net Income 2019: $11,8812019Revenue 2020: $58,103Expenses 2020: $41,716Net Income 2020: $16,3872020Revenue 2021: $62,051Expenses 2021: $45,177Net Income 2021: $16,8742021Revenue 2022: $51,593Expenses 2022: $54,725Net Income 2022: -$3,1322022Revenue 2023: $47,032Expenses 2023: $51,159Net Income 2023: -$4,1272023

Latest loaded filing

2023

Revenue$47,032
Expenses$51,159
Net Income-$4,127
Open 2023 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.40$0.47$0.51$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.47$0.76$0.52$0.55$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.53$0.80$0.62$0.45$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.59$0.63$0.58$0.42$0.16
2019Summary only. Only limited summary data is available for this year.$1.11$0.64$0.58$0.46$0.12
2018Summary only. Only limited summary data is available for this year.$1.04$0.70$0.50$0.52$0.02
2017Summary only. Only limited summary data is available for this year.$1.12$0.75$0.53$0.54$0.01
2016Summary only. Only limited summary data is available for this year.$1.18$0.81$0.54$0.51$0.04
2015Summary only. Only limited summary data is available for this year.$1.20$0.86$0.58$0.56$0.02
2014Summary only. Only limited summary data is available for this year.$1.23$0.91$0.57$0.54$0.03
2013Summary only. Only limited summary data is available for this year.$1.26$0.97$0.60$0.54$0.06
2012Summary only. Only limited summary data is available for this year.$1.25$1.02$0.61$0.55$0.06
2011Summary only. Only limited summary data is available for this year.$1.24$1.07$0.51$0.48$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 28, 2025
Return Version
2024v5.0
Gross Receipts
$46,602
Mission and Program Overview

Mission

Provide low income housing

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION MANAGED AND MAINTAINED A LOW INCOME APARTMENT BUILDING IN THE CITY OF BUFFALO LAKE.-$43,711
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARY BAUMGARTENPresident-$0--
GAYLE DEALVice Preside-$0--
DEB DEALTreasurer-$0--
ANGELA WEISPFENNINGSecretary-$0--
ROGER NEWMANDirector-$0--
KATHY WEHKINGDirector-$0--
LOREN MACKEYDirector-$0--
PASTOR BRIAN LAUERDirector-$0--
BRIAN RYBERGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Buffalo Lake Area Housing Inc
EIN
41-1381911
Phone
3208335364
Address
PO BOX 368, BUFFALO LAKE, MN 55314

Signing Officer

Name
Mary Baumgarten
Title
President
Phone
3208335364
Signed
2025-02-28

Preparer

Firm
Piehl Hanson Beckman Pa
Address
700 SOUTH GRADE RD SW PO BOX 399, HUTCHINSON, MN 55350
Preparer
Kimberly Bute
Phone
3202344430
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 183 office expense 36 interest expense 349 overage 5,874 building/liability insurance 6,360 work comp insurance 318 non-investment depreciation 5,477 total 18,597”

Form 990-ez, Part II, Line 24

“Furniture & equipment 83,813 83,813 less accumulated depreciation 77,254 0 accum dep furn & equip 0 0 less accumulated depreciation 0 79,878 reserve savings account 38,582 42,586 total 45,141 46,521”

Form 990-ez, Part II, Line 26

“Tenant deposits 2,700 2,700 fmha note payable 37,751 31,848 payroll liabilities 0 217”

Raw XML Appendix128 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARK RUST
IRS990EZ/BooksInCareOfDetail/PhoneNum03208335364
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 368
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BUFFALO LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055314
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015795
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014473
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02891
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07009
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0112812
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0110017
IRS990EZ/GrossReceiptsAmt046602
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt040
IRS990EZ/LandAndBuildingsGrp/BOYAmt051876
IRS990EZ/LandAndBuildingsGrp/EOYAmt049023
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072361
IRS990EZ/NetAssetsOrFundBalancesEOYAmt075252
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072361
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt075252
IRS990EZ/OccupancyRentUtltsAndMaintAmt012901
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARY BAUMGARTEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GAYLE DEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEB DEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANGELA WEISPFENNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROGER NEWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHY WEHKING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LOREN MACKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PASTOR BRIAN LAUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BRIAN RYBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt045141
IRS990EZ/OtherAssetsTotalDetail/EOYAmt046521
IRS990EZ/OtherExpensesTotalAmt018597
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE LOW INCOME HOUSING
IRS990EZ/ProgramServiceRevenueAmt046562
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION MANAGED AND MAINTAINED A LOW INCOME APARTMENT BUILDING IN THE CITY OF BUFFALO LAKE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt043711
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05204
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt040451
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034765
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043711
IRS990EZ/TotalProgramServiceExpensesAmt043711
IRS990EZ/TotalRevenueAmt046602
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 183 OFFICE EXPENSE 36 INTEREST EXPENSE 349 OVERAGE 5,874 BUILDING/LIABILITY INSURANCE 6,360 WORK COMP INSURANCE 318 NON-INVESTMENT DEPRECIATION 5,477 TOTAL 18,597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & EQUIPMENT 83,813 83,813 LESS ACCUMULATED DEPRECIATION 77,254 0 ACCUM DEP FURN & EQUIP 0 0 LESS ACCUMULATED DEPRECIATION 0 79,878 RESERVE SAVINGS ACCOUNT 38,582 42,586 TOTAL 45,141 46,521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TENANT DEPOSITS 2,700 2,700 FMHA NOTE PAYABLE 37,751 31,848 PAYROLL LIABILITIES 0 217
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY BAUMGARTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03208335364
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUFFALO LAKE AREA HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0BUFF
ReturnHeader/Filer/EIN0411381911
ReturnHeader/Filer/PhoneNum03208335364
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 368
ReturnHeader/Filer/USAddress/CityNm0BUFFALO LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055314
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411763115
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIEHL HANSON BECKMAN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 SOUTH GRADE RD SW PO BOX 399
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUTCHINSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055350
ReturnHeader/PreparerPersonGrp/PhoneNum03202344430
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY BUTE
ReturnHeader/ReturnTs02025-03-07T09:30:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits