Civic Intelligence

Seward Housing Corporation

EIN 41-1675502 • 501(c)3 • Minneapolis, MN

Profile

To promote the long-term viability of seward towers, 640 units of quality affordable housing with services tailored to the needs of the residents and to foster the integration of those residents into the larger seward community.

2619 East Franklin AveMinneapolis, MN 55406

n/A

Siviq Scores

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

Liabilities / Assets

79th percentile

0.61x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

13.42x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

50th percentile

5.0%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-66%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$35,236,438

Up $1,665,437 (+5.0%) from 2023

Liabilities

Flat

$21,516,831

Flat from 2023

Net Assets

Up

$13,719,607

Up $1,665,437 (+14%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin98th percentile

Revenue

Down

$1,603,336

Down $3,113,852 (-66%) from 2023

Expenses

Up

$109,668

Up $88,314 (+414%) from 2023

Net Income

Down

$1,493,668

Down $3,202,166 (-68%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2010: $21,572,913Liabilities 2010: $23,766,649Net Assets 2010: -$2,193,7362010Assets 2011: $21,096,896Liabilities 2011: $23,559,608Net Assets 2011: -$2,462,7122011Assets 2012: $20,183,196Liabilities 2012: $23,205,500Net Assets 2012: -$3,022,3042012Assets 2013: $19,534,062Liabilities 2013: $22,890,643Net Assets 2013: -$3,356,5812013Assets 2014: $18,996,421Liabilities 2014: $21,199,451Net Assets 2014: -$2,203,0302014Assets 2015: $18,748,323Liabilities 2015: $20,773,455Net Assets 2015: -$2,025,1322015Assets 2016: $25,913,352Liabilities 2016: $21,516,931Net Assets 2016: $4,396,4212016Assets 2017: $27,919,157Liabilities 2017: $21,516,831Net Assets 2017: $6,402,3262017Assets 2018: $27,904,965Liabilities 2018: $21,516,831Net Assets 2018: $6,388,1342018Assets 2019: $28,232,026Liabilities 2019: $21,593,931Net Assets 2019: $6,638,0952019Assets 2020: $28,639,178Liabilities 2020: $21,516,831Net Assets 2020: $7,122,3472020Assets 2021: $29,075,435Liabilities 2021: $21,520,860Net Assets 2021: $7,554,5752021Assets 2022: $28,656,103Liabilities 2022: $21,519,417Net Assets 2022: $7,136,6862022Assets 2023: $33,571,001Liabilities 2023: $21,516,831Net Assets 2023: $12,054,1702023Assets 2024: $35,236,438Liabilities 2024: $21,516,831Net Assets 2024: $13,719,6072024

Highlighted filing

2024

Assets$35,236,438
Liabilities$21,516,831
Net Assets$13,719,607
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $6,562,3492010Expenses 2011: $6,431,1342011Expenses 2012: $6,725,5002012Revenue 2013: $6,223,549Expenses 2013: $6,557,826Net Income 2013: -$334,2772013Revenue 2014: $7,597,662Expenses 2014: $6,444,111Net Income 2014: $1,153,5512014Revenue 2015: $6,556,646Expenses 2015: $6,378,748Net Income 2015: $177,8982015Revenue 2016: $6,748,054Expenses 2016: $326,501Net Income 2016: $6,421,5532016Revenue 2017: $2,034,967Expenses 2017: $29,062Net Income 2017: $2,005,9052017Revenue 2018: $912Expenses 2018: $15,104Net Income 2018: -$14,1922018Revenue 2019: $408,080Expenses 2019: $158,119Net Income 2019: $249,9612019Revenue 2020: $490,898Expenses 2020: $6,646Net Income 2020: $484,2522020Revenue 2021: $441,908Expenses 2021: $7,249Net Income 2021: $434,6592021Revenue 2022: $93,055Expenses 2022: $16,119Net Income 2022: $76,9362022Revenue 2023: $4,717,188Expenses 2023: $21,354Net Income 2023: $4,695,8342023Revenue 2024: $1,603,336Expenses 2024: $109,668Net Income 2024: $1,493,6682024

Highlighted filing

2024

Revenue$1,603,336
Expenses$109,668
Net Income$1,493,668
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$35,236,438
Liabilities
$21,516,831
Net assets
$13,719,607
Revenue
$1,603,336
Expenses
$109,668
Net income
$1,493,668
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.2$21.5$13.7$1.60$0.11$1.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$21.5$12.1$4.72$0.02$4.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$21.5$7.14$0.09$0.02$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$21.5$7.55$0.44$0.01$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$21.5$7.12$0.49$0.01$0.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.2$21.6$6.64$0.41$0.16$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$21.5$6.39$0.00$0.02$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$21.5$6.40$2.03$0.03$2.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$21.5$4.40$6.75$0.33$6.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$20.8$2.03$6.56$6.38$0.18
2014Detailed filing. Detailed filing data is available for this year.$19.0$21.2$2.20$7.60$6.44$1.15
2013Detailed filing. Detailed filing data is available for this year.$19.5$22.9$3.36$6.22$6.56$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$23.2$3.02$6.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$23.6$2.46$6.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$23.8$2.19$6.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 10, 2025
Return Version
2024v5.2
Gross Receipts
$1,603,336
Mission and Program Overview

Mission

To promote the long-term viability of seward towers, 640 units of quality affordable housing with services tailored to the needs of the residents and to foster the integration of those residents into the larger seward community.

Seward towers corporation was formed to preserve 640 units of affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$21,516,831$21,516,831→ $0
Investments in Publicly Traded Securities$8,627,011$9,149,764▲ $522,753
Cash and Non-Interest-Bearing Accounts$258,453$578,872▲ $320,419
Savings and Temporary Cash Investments$251,104$251,134▲ $30
Total Assets$33,571,001$35,236,438▲ $1,665,437
Other Assets Total$2,917,602$3,739,837▲ $822,235
Liabilities
Deferred Revenue$21,516,831$21,516,831→ $0
Total Liabilities$21,516,831$21,516,831→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,054,170$13,719,607▲ $1,665,437
Total Net Assets Fund Balance$12,054,170$13,719,607▲ $1,665,437
Total Liabilities and Net Assets / Fund Balance$33,571,001$35,236,438▲ $1,665,437

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,705,851--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Diann AndersPresident
Mark RuffVice President
David Hoffman-dacheletDirector
Hekma DimitrisDirector
Mahad DishDirector
Melodie BridgemanDirector
Mohamed OmarDirector
Nancy CardinalDirector
Ron SchlatterDirector
Tariku BelayDirector
Sheldon MainsSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,229,077
Investment Income
$373,959
Other Revenue
$300
Change in Net Assets
$1,493,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,668
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
Fees for Services Other-$98,371-$98,371
Fees for Services Legal-$4,311-$4,311
Insurance-$4,247-$4,247
Fees for Services Accounting-$2,400-$2,400
Office Expenses-$170-$170
Other Expenses-$29-$29
Total Functional Expenses$0$109,668$0$109,668
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 board delegated control over asset management duties to seward redesign, inc. A related organization.”

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

“The members of the corporation consist of individuals from seward redesign, seward neighborhood group, and commonbond communities. All appoint members to the seward towers corporation board.”

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

“The board of directors reviews the 990 before it is submitted to the irs.”

Form 990, Part VI, Section B, Line 12C

“The board completes annual conflict of interest forms and discusses conflicts during board meetings.”

Form 990, Part VI, Section C, Line 19

“The asset manager (seward redesign, inc.) has the documents, and makes them available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Seward Towers Corporation
EIN
41-1675502
Phone
6124350275
Address
2619 EAST FRANKLIN AVE, MINNEAPOLIS, MN 55406

Signing Officer

Name
Diann Anders
Title
President
Phone
6124350275
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diann Anders
Formed
1990
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 0. Management and general expenses 23,371. Fundraising expenses 0. Total expenses 23,371. Advantage services: program service expenses 0. Management and general expenses 75,000. Fundraising expenses 0. Total expenses 75,000.”

Raw XML AppendixShowing 400 of 447 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEWARD TOWERS CORPORATION WAS FORMED TO PRESERVE 640 UNITS OF AFFORDABLE HOUSING.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SEWARD REDESIGN INC
IRS990/BooksInCareOfDetail/PhoneNum06123388729
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02619 EAST FRANKLIN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055406
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0258453
IRS990/CashNonInterestBearingGrp/EOYAmt0578872
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0373959
IRS990/CYOtherExpensesAmt0109668
IRS990/CYOtherRevenueAmt0300
IRS990/CYProgramServiceRevenueAmt01229077
IRS990/CYRevenuesLessExpensesAmt01493668
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0109668
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01603336
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt021516831
IRS990/DeferredRevenueGrp/EOYAmt021516831
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0SEWARD TOWERS CORPORATION WAS FORMED IN 1990 TO PRESERVE TWO BUILDINGS COMPRISING ONE OF THE LARGEST AFFORDABLE HOUSING PROJECTS IN MINNESOTA AND WHOSE RESIDENTS WERE AN INTEGRAL PART OF THE SEWARD COMMUNITY. A UNIQUE OWNERSHIP STRUCTURE WAS CREATED IN ORDER TO ENGAGE RESIDENTS AND MANAGEMENT OF THE BUILDING (COMMONBOND COMMUNITIES) WITH ORGANIZATIONS REPRESENTATIVE OF THE LARGER COMMUNITY (SEWARD NEIGHBORHOOD GROUP AND SEWARD REDESIGN) EACH OF THOSE GROUPS CONTINUE TO APPOINT THE GOVERNING BOARD OF DIRECTORS. ADDITIONAL SEATS ON THE BOARD OF DIRECTORS ARE HELD FOR RESIDENTS OF THE TWO BUILDINGS. BY 2015, THE BUILDINGS WERE 45 YEARS OLD AND IN NEED OF MAJOR CAPITAL REPLACEMENTS. THE BOARD AND THE ENTITIES WHO APPOINT THEM DECIDED TO WORK TOGETHER TO RESTRUCTURE THE OWNERSHIP IN ORDER TO EXTEND SECTION 8 CONTRACTS PROVIDING RENTAL SUPPORT TO VERY-LOW-INCOME RESIDENTS AND TO ACCESS THE CAPITAL NEEDED TO RENOVATE THE BUILDINGS. A NEW ENTITY WAS FORMED, SEWARD TOWERS RENOVATION LP, WITH SEWARD TOWERS CORPORATION AND COMMONBOND COMMUNITIES AS ITS GENERAL PARTNERS. SEWARD TOWERS CORPORATION RENEWED THE SECTION 8 CONTRACTS FOR AN ADDITIONAL 20 YEARS AND THEN SOLD THE BUILDING TO THE NEW ENTITY ON JANUARY 14, 2016 AND COMPLETED THE WHOLESALE RENOVATION OF THE BUILDINGS BY THE FOLLOWING YEAR. LOW-INCOME HOUSING TAX CREDITS WERE UTILIZED IN PART TO SECURE THE NEEDED CAPITAL. SEWARD TOWERS CORPORATION HAS RETAINED A RIGHT-OF-FIRST-REFUSAL AND OPTION TO REPURCHASE THE BUILDINGS FOLLOWING THE 15-YEAR TAX CREDIT COMPLIANCE PERIOD IN 2031. IN THE SALE, SEWARD TOWERS CORPORATION WAS PAID WITH A NOTE RECEIVABLE FROM THE AFFILIATED LIMITED PARTNERSHIP. SEWARD TOWERS CORPORATION PLANS TO UTILIZE THE NOTE RECEIVABLE TO REPURCHASE THE PROPERTY UNDER THE RIGHT-OF-FIRST-REFUSAL OR OPTION IN ORDER TO CONTINUE TO ASSURE AFFORDABILITY OF THE PROPERTY AND PRESERVE THE UNIQUE GOVERNANCE STRUCTURE THAT BRINGS MANAGEMENT, RESIDENTS AND THE COMMUNITY TOGETHER. PAYMENTS RECEIVED ON THE NOTE WILL BE APPLIED TOWARD THAT PURPOSE AS THE CENTRAL MISSION OF THE CORPORATION. PAYMENTS RECEIVED ARE CONSIDERED PROGRAM SERVICE REVENUE AS THEY ARE APPLIED FOR THAT PURPOSE OR FOR OTHER PURPOSES DEEMED CRITICAL TO THAT MISSION ON A CURRENT BASIS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02400
IRS990/FeesForServicesAccountingGrp/TotalAmt02400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04311
IRS990/FeesForServicesLegalGrp/TotalAmt04311
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt098371
IRS990/FeesForServicesOtherGrp/TotalAmt098371
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANN ANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK RUFF
IRS990/Form990PartVIISectionAGrp/PersonNm2SHELDON MAINS
IRS990/Form990PartVIISectionAGrp/PersonNm3MELODIE BRIDGEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID HOFFMAN-DACHELET
IRS990/Form990PartVIISectionAGrp/PersonNm5NANCY CARDINAL
IRS990/Form990PartVIISectionAGrp/PersonNm6TARIKU BELAY
IRS990/Form990PartVIISectionAGrp/PersonNm7MAHAD DISH
IRS990/Form990PartVIISectionAGrp/PersonNm8MOHAMED OMAR
IRS990/Form990PartVIISectionAGrp/PersonNm9RON SCHLATTER
IRS990/Form990PartVIISectionAGrp/PersonNm10HEKMA DIMITRIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01603336
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04247
IRS990/InsuranceGrp/TotalAmt04247
IRS990/InvestmentIncomeGrp/ExclusionAmt0373959
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0373959
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08627011
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09149764
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE LONG-TERM VIABILITY OF SEWARD TOWERS, 640 UNITS OF QUALITY AFFORDABLE HOUSING WITH SERVICES TAILORED TO THE NEEDS OF THE RESIDENTS AND TO FOSTER THE INTEGRATION OF THOSE RESIDENTS INTO THE LARGER SEWARD COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt012054170
IRS990/NetAssetsOrFundBalancesEOYAmt013719607
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0171769
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012054170
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013719607
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0170
IRS990/OfficeExpensesGrp/TotalAmt0170
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02917602
IRS990/OtherAssetsTotalGrp/EOYAmt03739837
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0140
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt129
IRS990/OtherExpensesGrp/TotalAmt0140
IRS990/OtherExpensesGrp/TotalAmt129
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0300
IRS990/OtherRevenueTotalAmt0300
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt021516831
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021516831
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DIANN ANDERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0INT INCOME ON NOTE REC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01229077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01229077
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0241689
IRS990/PYOtherExpensesAmt021354
IRS990/PYOtherRevenueAmt0201
IRS990/PYProgramServiceRevenueAmt04475298
IRS990/PYRevenuesLessExpensesAmt04695834
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt021354
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04717188
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01493668
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01229377
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251104
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0251134
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0373959
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0241689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt064062
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0699879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01229077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04475298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0421839
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0426836
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06646005
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0373959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0241689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt064062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0699879
IRS990ScheduleA/InvestmentIncomeCYPct00.09530
IRS990ScheduleA/InvestmentIncomePYPct00.05510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90470
IRS990ScheduleA/PublicSupportPY509Pct00.94490
IRS990ScheduleA/PublicSupportTotal509Amt06646005
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01229077
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04475298
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0421839
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0426836
IRS990ScheduleA/Total509Grp/TotalAmt06646005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01603036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04716987
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt093055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0441908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0490898
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07345884
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt033986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13705851
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN SEWARD TOWERS RENOVATION LP
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03739837
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DELEGATED CONTROL OVER ASSET MANAGEMENT DUTIES TO SEWARD REDESIGN, INC. A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CORPORATION CONSIST OF INDIVIDUALS FROM SEWARD REDESIGN, SEWARD NEIGHBORHOOD GROUP, AND COMMONBOND COMMUNITIES. ALL APPOINT MEMBERS TO THE SEWARD TOWERS CORPORATION BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD COMPLETES ANNUAL CONFLICT OF INTEREST FORMS AND DISCUSSES CONFLICTS DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSET MANAGER (SEWARD REDESIGN, INC.) HAS THE DOCUMENTS, AND MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 23,371. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,371. ADVANTAGE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 75,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,000.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0473834956
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1371782382
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.49000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0SEWARD TOWERS RENOVATION LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1SEWARD TOWERS RENOVATION LIMITED PARTNERSHIP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt025006023
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0-72
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01080 MONTREAL AVENUE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt11080 MONTREAL AVENUE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0SAINT PAUL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1SAINT PAUL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd055116
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd155116
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt021516831
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11229077
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE - SELLER NOTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH PAYMENT ON SELLER NOTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SEWARD TOWERS RENOVATION LIMITED PARTNERSHIP
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SEWARD TOWERS RENOVATION LIMITED PARTNERSHIP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1A
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033571001
IRS990/TotalAssetsEOYAmt035236438
IRS990/TotalAssetsGrp/BOYAmt033571001
IRS990/TotalAssetsGrp/EOYAmt035236438
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109668
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0109668
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021516831
IRS990/TotalLiabilitiesEOYAmt021516831
IRS990/TotalLiabilitiesGrp/BOYAmt021516831
IRS990/TotalLiabilitiesGrp/EOYAmt021516831
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012054170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013719607
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01229077
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0373959
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01229377

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