Civic Intelligence

Housing in Action Inc

990 • Fiscal year 2017 • EIN 41-1821520

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

2015 Emerson Avenue NorthMinneapolis, MN 55411

(612) 724-9002

Siviq Scores

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

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

7.62x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

13th percentile

-12%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

19th percentile

$138,208

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

24th percentile

-1.2%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

53%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$48,172,901

Down $597,554 (-1.2%) from 2016

Net Assets

Down

$4,321,395

Down $662,542 (-13%) from 2016

Liabilities

Up

$43,851,506

Up $64,988 (+0.1%) from 2016

Revenue

Up

$5,757,127

Up $2,000,117 (+53%) from 2016

Expenses

Up

$6,419,669

Up $1,074,239 (+20%) from 2016

Net Income

Up

-$662,542

Up $925,878 (+58%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $7,167,226Liabilities 2010: $6,035,405Net Assets 2010: $1,131,8212010Assets 2011: $11,087,853Liabilities 2011: $8,001,077Net Assets 2011: $3,086,7762011Assets 2012: $14,534,607Liabilities 2012: $10,285,131Net Assets 2012: $4,249,4762012Assets 2013: $17,309,879Liabilities 2013: $11,352,591Net Assets 2013: $5,957,2882013Assets 2014: $21,200,290Liabilities 2014: $14,981,612Net Assets 2014: $6,218,6782014Assets 2015: $23,140,426Liabilities 2015: $16,568,069Net Assets 2015: $6,572,3572015Assets 2016: $48,770,455Liabilities 2016: $43,786,518Net Assets 2016: $4,983,9372016Assets 2017: $48,172,901Liabilities 2017: $43,851,506Net Assets 2017: $4,321,3952017Assets 2018: $46,655,722Liabilities 2018: $41,636,378Net Assets 2018: $5,019,3442018Assets 2019: $44,712,517Liabilities 2019: $39,198,637Net Assets 2019: $5,513,8802019Assets 2020: $15,612,267Liabilities 2020: $10,349,060Net Assets 2020: $5,263,2072020Assets 2021: $14,877,768Liabilities 2021: $8,628,621Net Assets 2021: $6,249,1472021Assets 2022: $14,312,372Liabilities 2022: $8,425,675Net Assets 2022: $5,886,6972022Assets 2023: $13,861,540Liabilities 2023: $8,499,350Net Assets 2023: $5,362,1902023Assets 2024: $13,112,154Liabilities 2024: $9,040,429Net Assets 2024: $4,071,7252024

Highlighted filing

2017

Assets$48,172,901
Liabilities$43,851,506
Net Assets$4,321,395

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,883,3942010Expenses 2011: $2,356,7622011Expenses 2012: $3,745,4992012Revenue 2013: $5,060,514Expenses 2013: $3,352,702Net Income 2013: $1,707,8122013Revenue 2014: $4,661,571Expenses 2014: $4,400,181Net Income 2014: $261,3902014Revenue 2015: $5,068,042Expenses 2015: $4,714,363Net Income 2015: $353,6792015Revenue 2016: $3,757,010Expenses 2016: $5,345,430Net Income 2016: -$1,588,4202016Revenue 2017: $5,757,127Expenses 2017: $6,419,669Net Income 2017: -$662,5422017Revenue 2018: $6,338,093Expenses 2018: $5,640,144Net Income 2018: $697,9492018Revenue 2019: $5,637,096Expenses 2019: $5,142,560Net Income 2019: $494,5362019Revenue 2020: $4,387,990Expenses 2020: $4,411,472Net Income 2020: -$23,4822020Revenue 2021: $4,422,020Expenses 2021: $3,436,080Net Income 2021: $985,9402021Revenue 2022: $3,791,978Expenses 2022: $4,154,428Net Income 2022: -$362,4502022Revenue 2023: $3,922,320Expenses 2023: $4,300,024Net Income 2023: -$377,7042023Revenue 2024: $2,735,239Expenses 2024: $4,025,704Net Income 2024: -$1,290,4652024

Highlighted filing

2017

Revenue$5,757,127
Expenses$6,419,669
Net Income-$662,542
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$7,722,611
Mission and Program Overview

Mission

Perpetuate the hope of jesus christ through innovative community development.

Perpetuate the hope of jesus christ through innovative community development that produces equitable dignified housing, a strategic network of good neighbors and the redemptive development of real estate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,472,470$38,824,847▲ $16,352,377
Savings and Temporary Cash Investments$13,580,725$3,532,261▼ $10,048,464
Investments Program Related$3,854,102$3,064,917▼ $789,185
Pledges and Grants Receivable$1,308,681$1,067,291▼ $241,390
Accounts Receivable$133,854$249,618▲ $115,764
Loans From Officers Directors$139,000$139,000→ $0
Cash and Non-Interest-Bearing Accounts$217,016$125,358▼ $91,658
Prepaid Expenses and Deferred Charges$34,354$75,544▲ $41,190
Intangible Assets$5,854$4,390▼ $1,464
Total Assets$48,770,455$48,172,901▼ $597,554
Other Assets Total$7,163,399$1,228,675▼ $5,934,724
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,308,238$39,730,267▼ $577,971
Accounts Payable and Accrued Expenses$2,000,583$3,085,976▲ $1,085,393
Deferred Revenue$1,242,378$791,607▼ $450,771
Other Liabilities$96,319$104,656▲ $8,337
Total Liabilities$43,786,518$43,851,506▲ $64,988
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,507,816$5,277,120▲ $769,304
Unrestricted Net Assets$476,121$-955,725▼ $1,431,846
Total Net Assets Fund Balance$4,983,937$4,321,395▼ $662,542
Total Liabilities and Net Assets / Fund Balance$48,770,455$48,172,901▼ $597,554

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$37,834,110$2,757,777$40,591,887
Land$944,774-$944,774
Equipment$45,963$99,913$145,876
Investment Program Related Org$283,582--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad SchwittersExecutive DirectorFT$132,592$5,616$138,208

Board Members and Trustees

NameTitle
Milo ArkemaChair
Paula HaywoodVice Chair
Amanda NormanDirector
Becky LandonDirector
Collin BarrDirector
Janice DowningDirector
Jewelean JacksonDirector
Terry BeckerDirector
Calvin LittlejohnSecretary
Steve FirkusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,563,048
Program Service Revenue
$3,552,930
Investment Income
$-358,851
Other Revenue
$0
All Other Contributions
$2,171,824
Change in Net Assets
$-662,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,170,678
Salaries, Compensation, and Employee Benefits$2,248,991
Total Fundraising Expense$930,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$756,464$560,731$358,220$1,675,415
Interest$1,433,734$62,278-$1,496,012
Depreciation Depletion$461,690$21,822$3,947$487,459
All Other Expenses$847,603$-799,274$231,063$279,392
Fees for Services Other$83,082$125,167$59,286$267,535
Payroll Taxes$85,692$115,142$35,889$236,723
Other Employee Benefits$138,665$26,875$33,105$198,645
Information Technology$45,538$115,060$23,363$183,961
Other Expenses$139,756$1,297-$141,053
Current Officers, Directors, Trustees, and Key Employees$60,811$20,731$56,666$138,208
Insurance$80,861$37,152$90$118,103
Conferences and Meetings$14,105$21,924$67,077$103,106
Office Expenses$17,020$36,333$13,514$66,867
Advertising$2,116$179$45,955$48,250
Travel$24,334$5,729$2,513$32,576
Occupancy$7,863--$7,863
Total Functional Expenses$5,095,928$393,053$930,688$6,419,669
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
AnonymousBoard MemberMultiple Loans to the Organization. Outstanding Balances as of 12/31/16.No$139,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$139,000$139,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$104,656
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Management and the executive committee review the 990 in detail. Board approves the 990 prior to filing with the irs.

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

Management periodically communicates the conflict of interest policy to staff and the board and requests any individual with a conflict of interest to state the conflict of interest in writing or as part of applicable meeting minutes.

Form 990, Part VI, Section B, Line 15

Annually, each board member completes a conflict of interest disclosure form which is reviewed by the full board, or the executive director or the chairperson of the board, as appropriate.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon request at organization's office.

Filing and Contact Details

Filer

Filer Name
Urban Homeworks Inc
EIN
41-1821520
Phone
6127249002
Address
2015 EMERSON AVENUE NORTH, MINNEAPOLIS, MN 55411

Signing Officer

Name
Chad Schwitters
Title
Executive Director
Phone
6127249002
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Schwitters
Formed
1995
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
43
Volunteers
539

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Lance J Brock
Phone
6512276695
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

No changes from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is classified as a tax-exempt organization under minnesota statute 290.05 and section 501(c)(3) of the internal revenue code, is exempt from private foundation status under section 509(a)(1) of the internal revenue code and is subject to income taxes only on net unrelated business income. Urban homeworks, inc. And its wholly owned llc's file a consolidated income tax return. The organization is not currently under examination by any taxing jurisdiction. Federal and state tax authorities have the right to examine the current and prior three years income tax returns.

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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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IRS990/ActivityOrMissionDesc0PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT THAT PRODUCES EQUITABLE DIGNIFIED HOUSING, A STRATEGIC NETWORK OF GOOD NEIGHBORS AND THE REDEMPTIVE DEVELOPMENT OF REAL ESTATE.
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IRS990/Desc0REAL ESTATE DEVELOPMENT - ACQUISITION OF HOUSING:URBAN HOMEWORKS HAS CONSTRUCTED, REHABILITATED AND MANAGED SCATTERED, MULTI-UNIT AND SINGLE-FAMILY HOUSING IN DISTRESSED AREAS OF MINNEAPOLIS AND ST. PAUL SINCE 1995. WE ARE UNIQUE IN THE TWIN CITIES IN OUR FOCUS ON SMALLER, MULTI-UNIT RENTAL PROPERTIES. WE HAVE COMMITTED TO THIS APPROACH TO BUILDING HEALTHY NEIGHBORHOODS THROUGH MULTIPLE ACCESS POINTS IN THE HOUSING ECOSYSTEM. SPECIFICALLY, THESE PROPERTIES, ALONG WITH AFFORDABLE SINGLE-FAMILY HOMES, PROVIDE CRITICAL ACCESS TO FAMILY-SIZED RENTAL PROPERTIES AND HOMEOWNERSHIP FOR OUR LARGEST DEMOGRAPHIC OF HOUSING PARTICIPANTS - FAMILIES IN NEED OF 3 OR MORE BEDROOMS. SINCE THE ORGANIZATION WAS FOUNDED, IT HAS REHABILITATED, RENTED AND MANAGED OVER 170 UNITS. DEVELOPMENT OF HOUSING: 25 TOTAL UNITS IN PRODUCTION 20 UNITS COMPLETED (INCLUDING 14 SINGLE FAMILY HOMES IN PARTNERSHIP WITH GROUPS LIKE NORTHSIDE HOMES AND GREEN HOMES NORTHREHABILITATION OF HOUSING:OUR MODEL FOR REHABILITATING HOUSING LEVERAGES OUR HOUSING DEVELOPMENT AND CONSTRUCTION PROCESS TO MAXIMIZE THE ECONOMIC AND SOCIAL BENEFIT TO THE COMMUNITIES WE SERVE. RECLAIMING ABANDONED/FORECLOSED PROPERTIES IS A COST-EFFECTIVE APPROACH TO INCREASING THE HOUSING SUPPLY IN THE TWIN CITIES. WE HAVE LOOKED AT OUR REAL ESTATE DEVELOPMENT EFFORTS AND DETERMINED THE INVESTMENT CAN DO MORE THAN JUST ADD MUCH NEEDED HOUSING UNITS; OUR AFFORDABLE HOUSING INVESTMENTS ARE DIRECTLY TIED TO OUR EFFORTS TO TRIGGER BOTH A HOUSING AND ECONOMIC RECOVERY THROUGH PARTNERSHIPS, HANDS-ON TRAINING AND JOB CREATION. THROUGH COLLABORATION, OUR MODEL IS DESIGNED TO EXPAND ECONOMIC OPPORTUNITIES AND THE ECONOMIC IMPACT OF OUR WORK IN THE COMMUNITIES WE SERVE THROUGH LOCALIZED HIRING OF UNDERUTILIZED LOCAL, MINORITY, FEMALE AND SECTION 3 SUBCONTRACTORS AND TRAINEES; DELIBERATE TRAINING OF INDIVIDUALS WITH BARRIERS TO WORK AND AT-RISK YOUTH; JOB CONNECTIONS AND JOB CREATION. THIS COMPONENT OF OUR PROGRAM ENSURES DOLLARS INVESTED IN HOUSING REMAIN IN THE COMMUNITY IN WHICH THEY ARE INTENDED TO BENEFIT - THUS LAYERING THE IMPACT OF THE HOUSING DEVELOPMENT INVESTMENT. ALL CONSTRUCTION TRAINING COMPLETED ON URBAN HOMEWORKS' WORKSITES ARE DONE IN PARTNERSHIP WITH OUR TRAINING PARTNERS: GOODWILL EASTER SEALS AND TREE TRUST'S YOUTHBUILD PROGRAMMING. CONSTRUCTION SKILLS TRAINEES ARE MALE AND FEMALE LOCALIZED RESIDENTS IN OUR SERVICE AREA WHO ARE UNEMPLOYED AND LOW-INCOME HOUSEHOLDS AND UNDER EMPLOYED PRIOR TO ENTRY INTO THE PROGRAM. MANY HAVE BARRIERS TO FULL TIME EMPLOYMENT PRIOR TO PROGRAM PARTICIPATION. CONSTRUCTION SKILLS TRAINING ACTIVITIES OCCUR ON OUR HOUSING DEVELOPMENT WORK-SITES. THROUGH DELIBERATE PROJECT DESIGN, WE HAVE EMBEDDED HIGH-TOUCH WORK FORCE DEVELOPMENT WITH HARD CONSTRUCTION SKILLS TRAINING.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-358851
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0391224
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt07722611
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0115060
IRS990/InformationTechnologyGrp/ProgramServicesAmt045538
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IRS990/InsuranceGrp/FundraisingAmt090
IRS990/InsuranceGrp/ManagementAndGeneralAmt037152
IRS990/InsuranceGrp/ProgramServicesAmt080861
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IRS990/IntangibleAssetsGrp/BOYAmt05854
IRS990/IntangibleAssetsGrp/EOYAmt04390
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IRS990/InterestGrp/TotalAmt01496012
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentCnt056
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IRS990/LoanOutstandingInd01
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0139000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT THAT PRODUCES EQUITABLE DIGNIFIED HOUSING, A STRATEGIC NETWORK OF GOOD NEIGHBORS AND THE REDEMPTIVE DEVELOPMENT OF REAL ESTATE.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt039730267
IRS990/NetAssetsOrFundBalancesBOYAmt04983937
IRS990/NetAssetsOrFundBalancesEOYAmt04321395
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-358851
IRS990/NetUnrelatedBusTxblIncmAmt0-218937
IRS990/NoncashContributionsAmt013191
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt07863
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt01228675
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026875
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0138665
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IRS990/OtherExpensesGrp/Desc0CHARTER SCHOOL SITE AND
IRS990/OtherExpensesGrp/Desc1REPAIRS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112639
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21297
IRS990/OtherExpensesGrp/ProgramServicesAmt0425139
IRS990/OtherExpensesGrp/ProgramServicesAmt1232555
IRS990/OtherExpensesGrp/ProgramServicesAmt2238900
IRS990/OtherExpensesGrp/ProgramServicesAmt3139756
IRS990/OtherExpensesGrp/TotalAmt0425139
IRS990/OtherExpensesGrp/TotalAmt1261823
IRS990/OtherExpensesGrp/TotalAmt2251539
IRS990/OtherExpensesGrp/TotalAmt3141053
IRS990/OtherLiabilitiesGrp/BOYAmt096319
IRS990/OtherLiabilitiesGrp/EOYAmt0104656
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0358220
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0560731
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0756464
IRS990/OtherSalariesAndWagesGrp/TotalAmt01675415
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt035889
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0115142
IRS990/PayrollTaxesGrp/ProgramServicesAmt085692
IRS990/PayrollTaxesGrp/TotalAmt0236723
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01308681
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01067291
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034354
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt075544
IRS990/PrincipalOfficerNm0CHAD SCHWITTERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc3EQUITY EARNINGS IN NORTHSIDE HOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01296516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1526074
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2234358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02784536
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1526074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2234358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37962
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01488020
IRS990/ProgSrvcAccomActy2Grp/Desc0RENTAL PROGRAMS -OCCUPANCY OF HOUSING:HOUSING - RENTAL PROGRAMMING - OUR RESTORED UNITS ARE WELL-BUILT, MAINTAINED, AFFORDABLE RENTAL OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES PRICED OUT OF MANY TWIN CITIES RENTAL MARKETS. PARTNERSHIPS WITH LOCAL SOCIAL SERVICE ORGANIZATIONS PROVIDE ADDITIONAL SUPPORT BY SERVING AS ADVOCATES FOR THE RESIDENTS AND PROVIDING NECESSARY SOCIAL SERVICES. RESOURCES FROM THESE SOCIAL SERVICE PARTNERS, COMBINED WITH A SUPPORTIVE LANDLORD AND QUALITY, DIGNIFIED HOUSING, WEAVE A WEB OF SUPPORT FOR PROGRAM PARTICIPANTS. THROUGH STABLE, DIGNIFIED RENTAL PROPERTIES, INDIVIDUALS ARE ABLE TO BECOME PART OF THEIR COMMUNITY SUPPORT STRUCTURES, SCHOOLS AND ECONOMIC OPPORTUNITIES.HOUSING - OWNERSHIP PROGRAMMING - PROJECT: RECLAIM PRESERVES EXISTING AFFORDABLE HOUSING BY CAPTURING PROPERTIES THAT HAVE NOT BEEN MAINTAINED AS VIABLE UNITS BY MARKET FORCES, AND RESTORES THEM TO THEIR HIGHEST USE: PERPETUALLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THAT ARE CONTRIBUTING PHYSICAL ASSETS FOR THE NEIGHBORHOOD. PROJECT: RECLAIM MITIGATES THE ECONOMIC AND SOCIAL IMPACT OF UNDERUTILIZED, VACANT AND/OR FORECLOSED SINGLE FAMILY HOMES. PROJECT: RECLAIM HINGES ON A RESPONSIBLE CONTRACT FOR DEED WHICH ALLOWS FAMILIES TO BEGIN LIVING IN THE HOME WHILE THEY PARTICIPATE IN FINANCIAL LITERACY TRAINING CAREFULLY DESIGNED TO PROVIDE THE OPPORTUNITY FOR ADEQUATE CREDIT REPAIR AND DEEP FINANCIAL EDUCATION TIED TO FINANCIAL STABILITY AND HOME OWNERSHIP. FAMILIES ACCEPTED INTO THE PROGRAM ARE COACHED EXTENSIVELY BY URBAN HOMEWORKS' STAFF AND COMMIT TO DEVELOPING AND EXECUTING A DETAILED, INDIVIDUAL WORK PLAN STARTING WITH HOMESTRETCH CLASSES FOLLOWED BY PRE-PURCHASE CLASSES AT CITY OF LAKES COMMUNITY LAND TRUST, FINANCIAL LITERACY/BUDGETING CLASSES AT BUILDWEALTH MN OR LUTHERAN SOCIAL SERVICES AND REGULARLY SCHEDULED MONTHLY CHECK-INS WITH URBAN HOMEWORKS' STAFF ALONG WITH QUARTERLY FINANCIAL REVIEWS TO ENSURE FINANCIAL GOALS AND BENCHMARKS ARE BEING MET. THE FINANCIAL EDUCATION COMMITMENT CONTINUES FOR AS LONG AS A PARTICIPANT IS IN THE CONTRACT FOR DEED PROGRAM (TYPICALLY 2-5 YEARS). UNIQUE TO OUR MODEL IS OUR HIGH-TOUCH, REAL-WORLD APPLICATION OF FINANCIAL LEARNING. WE ARE CONNECTING INSTRUCTION TO OUTCOMES APPLICABLE TO INDIVIDUAL FAMILIES. THE DEPTH OF THIS COMBINED LEARNING/APPLICATION EXPERIENCE CREATES TRUE FINANCIAL KNOWLEDGE AND LONG-RANGE PLANNING THAT EXTENDS TO REDUCING DEBT, DECREASING MONTHLY HOUSING RELATED EXPENSES, SETTING AND ADHERING TO A MONTHLY BUDGET, INCREASING CREDIT SCORES AND FINDING WAYS TO INCREASE OR STABILIZE STREAMS OF INCOME. THE IMPACT OF OUR COMMITTED APPROACH TO FINANCIAL LITERACY HAS RESULTED IN IMPROVED FINANCIAL HEALTH FOR OUR PARTICIPANTS OVER TIME. COMMUNITY ENGAGEMENT:URBAN HOMEWORKS' APPROACH TO COMMUNITY ENGAGEMENT IS ROOTED IN THE GOAL THAT ALL PROGRAMS WE OPERATE ARE INEXTRICABLY LINKED TO THE AUTHENTIC EXPRESSION OF THE COMMUNITY'S VISION. THROUGH A CONTINUAL FEEDBACK LOOP FROM ACQUISITION THROUGH OCCUPANCY, WE ARE BUILDING A COLLABORATIVE WEB OF DOVETAILED EXPERTISE TO COLLECTIVELY BUILD SUSTAINABLE, EQUITABLE SOLUTIONS ACROSS THE SOCIAL AND ECONOMIC CONTINUUM OF THE TWIN CITIES. ENGAGEMENT WORK HAPPENS ON A RESIDENT LEVEL THROUGH INFORMAL AND FORMAL NETWORKS, NEIGHBORHOOD EVENTS, CONNECTIONS WITH RESOURCES IN THE COMMUNITY, PARTICIPATION IN URBAN HOMEWORKS PLANNING AND WORK, AND MANY OTHER OPPORTUNITIES AS OUR PODS GROW ORGANICALLY AND RESPOND TO REAL-TIME CONDITIONS. POD AREAS ARE DETERMINED BY HAVING BOTH HIGH INSTANCES OF HOUSING INSTABILITY AND A HIGH NEED FOR ENGAGEMENT TO BUILD COMMUNITY NETWORKS. AS PART OF OUR COMMUNITY ENGAGEMENT EFFORT, WE HAVE DEVELOPED OUR UNIQUE URBAN NEIGHBORS PROGRAM WHICH PLACES "URBAN NEIGHBORS" IN ONE UNIT OF A SMALL MULTI-FAMILY BUILDING, TYPICALLY A DUPLEX, TRIPLEX OR FOURPLEX. THE URBAN NEIGHBOR COMMUNITY IS A FAITH-MOTIVATED, MINISTRY-OF PRESENCE EXPERIENCE FOR COLLEGE STUDENTS AND WORKING PROFESSIONALS. URBAN NEIGHBORS VOLUNTEER 2-3 HOURS PER WEEK UN
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01956132
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0716545
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAMS:INCLUDES OTHER COMMUNITY DEVELOPMENT ACTIVITIES NOT DIRECTLY RELATED TO THE RENTAL OR REAL ESTATE DEVELOPMENT PROGRAMS, BUT ARE IN LINE WITH THE ORGANIZATION'S MISSION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02154381
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt068242
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02439667
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-344977
IRS990/PYOtherExpensesAmt03152169
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01662320
IRS990/PYRevenuesLessExpensesAmt0-1588420
IRS990/PYSalariesCompEmpBnftPaidAmt02193261
IRS990/PYTotalExpensesAmt05345430
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03757010
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-662542
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0921272
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013580725
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03532261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02563048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02439667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04422692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03352430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04228532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017006369
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05581731
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86750
IRS990ScheduleA/PublicSupportPY170Pct00.85560
IRS990ScheduleA/PublicSupportTotal170Amt014752804
IRS990ScheduleA/SubstantialContributorsTotAmt02253565
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02563048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02439667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04422692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03352430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04228532
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017006369
IRS990ScheduleA/TotalSupportAmt017006369
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt037834110
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02757777
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt040591887
IRS990ScheduleD/EquipmentGrp/BookValueAmt045963
IRS990ScheduleD/EquipmentGrp/DepreciationAmt099913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0145876
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02781335
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1283582
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CONTRACT FOR DEED FOR AFFORDABLE HOUSING
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN NORTHSIDE HOMES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LandGrp/BookValueAmt0944774
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0944774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0104656
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. URBAN HOMEWORKS, INC. AND ITS WHOLLY OWNED LLC'S FILE A CONSOLIDATED INCOME TAX RETURN. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS INCOME TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038824847
IRS990ScheduleD/TotalBookValueProgramRltdAmt03064917
IRS990ScheduleD/TotalLiabilityAmt0104656
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ANONYMOUS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0139000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MULTIPLE LOANS TO THE ORGANIZATION. OUTSTANDING BALANCES AS OF 12/31/16.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt035000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt123800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt224890
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt32150
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt44120
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt51900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt613890
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt733250

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$9.04$4.07$2.74$4.03$1.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$8.50$5.36$3.92$4.30$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$8.43$5.89$3.79$4.15$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$8.63$6.25$4.42$3.44$0.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$10.3$5.26$4.39$4.41$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.7$39.2$5.51$5.64$5.14$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.7$41.6$5.02$6.34$5.64$0.70
2017Detailed filing. Detailed filing data is available for this year.$48.2$43.9$4.32$5.76$6.42$0.66
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.8$43.8$4.98$3.76$5.35$1.59
2015Detailed filing. Detailed filing data is available for this year.$23.1$16.6$6.57$5.07$4.71$0.35
2014Detailed filing. Detailed filing data is available for this year.$21.2$15.0$6.22$4.66$4.40$0.26
2013Detailed filing. Detailed filing data is available for this year.$17.3$11.4$5.96$5.06$3.35$1.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$10.3$4.25$3.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$8.00$3.09$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$6.04$1.13$1.88