Civic Intelligence

Multi-County Builders

990 • Fiscal year 2024 • EIN 41-1824119

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 24, 2025

134 East Second StreetWabasha, MN 55981

(651) 565-2638

Siviq Scores

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

Liabilities / Assets

90th percentile

0.72x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

3.36x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-5.6%

Higher net margin than 27% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$93,457

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-2.1%

Faster asset growth than 30% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-6.1%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,846,431

Down $59,919 (-2.1%) from 2023

Net Assets

Down

$786,582

Down $34,298 (-4.2%) from 2023

Liabilities

Down

$2,059,849

Down $25,621 (-1.2%) from 2023

Revenue

Down

$613,097

Down $40,125 (-6.1%) from 2023

Expenses

Down

$647,699

Down $40,059 (-5.8%) from 2023

Net Income

Down

-$34,602

Down $66 (-0.2%) from 2023

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,431,949Liabilities 2011: $2,285,844Net Assets 2011: $146,1052011Assets 2012: $2,377,612Liabilities 2012: $2,247,036Net Assets 2012: $130,5762012Assets 2013: $2,415,867Liabilities 2013: $2,257,094Net Assets 2013: $158,7732013Assets 2014: $2,185,407Liabilities 2014: $2,054,532Net Assets 2014: $130,8752014Assets 2015: $2,144,527Liabilities 2015: $1,973,163Net Assets 2015: $171,3642015Assets 2016: $2,116,538Liabilities 2016: $1,920,818Net Assets 2016: $195,7202016Assets 2017: $2,282,917Liabilities 2017: $2,027,833Net Assets 2017: $255,0842017Assets 2018: $2,278,956Liabilities 2018: $1,978,589Net Assets 2018: $300,3672018Assets 2019: $2,288,588Liabilities 2019: $1,914,836Net Assets 2019: $373,7522019Assets 2020: $2,327,961Liabilities 2020: $1,841,870Net Assets 2020: $486,0912020Assets 2021: $3,247,191Liabilities 2021: $2,348,402Net Assets 2021: $898,7892021Assets 2022: $3,128,534Liabilities 2022: $2,293,611Net Assets 2022: $834,9232022Assets 2023: $2,906,350Liabilities 2023: $2,085,470Net Assets 2023: $820,8802023Assets 2024: $2,846,431Liabilities 2024: $2,059,849Net Assets 2024: $786,5822024

Highlighted filing

2024

Assets$2,846,431
Liabilities$2,059,849
Net Assets$786,582

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $360,989Expenses 2011: $379,613Net Income 2011: -$18,6242011Revenue 2012: $367,966Expenses 2012: $383,495Net Income 2012: -$15,5292012Revenue 2013: $394,470Expenses 2013: $366,273Net Income 2013: $28,1972013Revenue 2014: $395,072Expenses 2014: $422,969Net Income 2014: -$27,8972014Revenue 2015: $406,525Expenses 2015: $366,036Net Income 2015: $40,4892015Revenue 2016: $394,857Expenses 2016: $370,502Net Income 2016: $24,3552016Revenue 2017: $438,978Expenses 2017: $379,614Net Income 2017: $59,3642017Revenue 2018: $454,151Expenses 2018: $388,747Net Income 2018: $65,4042018Revenue 2019: $486,040Expenses 2019: $412,655Net Income 2019: $73,3852019Revenue 2020: $537,595Expenses 2020: $425,256Net Income 2020: $112,3392020Revenue 2021: $1,084,114Expenses 2021: $671,416Net Income 2021: $412,6982021Revenue 2022: $550,485Expenses 2022: $614,351Net Income 2022: -$63,8662022Revenue 2023: $653,222Expenses 2023: $687,758Net Income 2023: -$34,5362023Revenue 2024: $613,097Expenses 2024: $647,699Net Income 2024: -$34,6022024

Highlighted filing

2024

Revenue$613,097
Expenses$647,699
Net Income-$34,602
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 24, 2025
Return Version
2024v5.2
Gross Receipts
$613,097
Mission and Program Overview

Mission

To provide subsidized housing for low income people.

Provide subsidized housing for people with low to moderate income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,178,527$2,092,175▼ $86,352
Investments Program Related$589,323$589,547▲ $224
Accounts Receivable$41,227$42,116▲ $889
Savings and Temporary Cash Investments$27,018$37,564▲ $10,546
Investments Other Securities$37,000$37,000→ $0
Cash and Non-Interest-Bearing Accounts$13,843$29,691▲ $15,848
Intangible Assets$19,412$18,338▼ $1,074
Total Assets$2,906,350$2,846,431▼ $59,919
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,004,610$1,963,979▼ $40,631
Accounts Payable and Accrued Expenses$51,580$66,592▲ $15,012
Escrow Account Liability$27,018$27,587▲ $569
Deferred Revenue$2,262$1,691▼ $571
Total Liabilities$2,085,470$2,059,849▼ $25,621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$820,880$786,582▼ $34,298
Total Net Assets Fund Balance$820,880$786,582▼ $34,298
Total Liabilities and Net Assets / Fund Balance$2,906,350$2,846,431▼ $59,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,962,520$2,006,003$3,968,523
Equipment$38,210$161,287$199,497
Land$91,445-$91,445
Investment Program Related Org$145,954--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Bobbi WillersExecutive Director$93,457$93,457
Kelly DittrichSecretary$62,975$62,975

Board Members and Trustees

NameTitle
Cheryl KeyPresident
Brad AndersonDirector
Rich HallDirector
Rodney PetersonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$580,031
Investment Income
$14,947
Other Revenue
$18,119
Change in Net Assets
$-34,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$571,996
Salaries, Compensation, and Employee Benefits$75,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$147,949--$147,949
Occupancy$104,254--$104,254
Interest$81,384--$81,384
Other Salaries and Wages$37,247$20,446-$57,693
Fees for Services Management-$51,630-$51,630
Insurance$33,629--$33,629
Office Expenses-$12,865-$12,865
Other Employee Benefits$7,588$3,197-$10,785
Fees for Services Accounting-$6,577-$6,577
Pension Plan Contributions$3,312$2,432-$5,744
Other Expenses$2,538--$2,538
Payroll Taxes-$1,481-$1,481
Travel$649--$649
Advertising-$68-$68
Total Functional Expenses$549,003$98,696$0$647,699
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The management and operation of the low to moderate income housing owned by mcb is performed by the se mn multi-county hra (semmchra).

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

Mcb board of directors reviews/ approves the tax return at their annual meeting.

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

Monitored by the executive committee during board meetings when board action is taken.

Form 990, Part VI, Section C, Line 19

Upon request at semmchra's offices in wabasha, mn.

Filing and Contact Details

Filer

Filer Name
Multi-county Builders
EIN
41-1824119
Phone
6515652638
Address
134 EAST SECOND STREET, WABASHA, MN 55981

Signing Officer

Name
Bobbi Willers
Title
Executive Director
Phone
6515652638
Signed
2025-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bobbi Willers
Formed
1995
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Brady Martz & Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Brian Opsahl
Phone
7017754685
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

This process has not changed from the prior year.

Raw XML AppendixShowing 400 of 414 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0538187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0550849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01084114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0528321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03281502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014947
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04394
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt029507
IRS990ScheduleA/InvestmentIncomeCYPct00.00880
IRS990ScheduleA/InvestmentIncomePYPct00.00590
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt018119
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt021292
IRS990ScheduleA/OtherIncome509Grp/TotalAmt039411
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97950
IRS990ScheduleA/PublicSupportPY509Pct00.98750
IRS990ScheduleA/PublicSupportTotal509Amt03286382
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0580031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0538187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0550849
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01084114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0533201
IRS990ScheduleA/Total509Grp/TotalAmt03286382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0613097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0569645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0550849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01084114
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0537595
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03355300
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01962520
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02006003
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03968523
IRS990ScheduleD/EquipmentGrp/BookValueAmt038210
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0161287
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0199497
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0412793
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt130800
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2145954
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPAIR & REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1DEBT SERVICE RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OPERATING RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt091445
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt091445
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02092175
IRS990ScheduleD/TotalBookValueProgramRltdAmt0589547
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT AND OPERATION OF THE LOW TO MODERATE INCOME HOUSING OWNED BY MCB IS PERFORMED BY THE SE MN MULTI-COUNTY HRA (SEMMCHRA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MCB BOARD OF DIRECTORS REVIEWS/ APPROVES THE TAX RETURN AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORED BY THE EXECUTIVE COMMITTEE DURING BOARD MEETINGS WHEN BOARD ACTION IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST AT SEMMCHRA'S OFFICES IN WABASHA, MN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02906350
IRS990/TotalAssetsEOYAmt02846431
IRS990/TotalAssetsGrp/BOYAmt02906350
IRS990/TotalAssetsGrp/EOYAmt02846431
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098696
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0549003
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647699
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02085470
IRS990/TotalLiabilitiesEOYAmt02059849
IRS990/TotalLiabilitiesGrp/BOYAmt02085470
IRS990/TotalLiabilitiesGrp/EOYAmt02059849
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0820880
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0786582
IRS990/TotalOtherCompensationAmt040859
IRS990/TotalProgramServiceExpensesAmt0549003
IRS990/TotalProgramServiceRevenueAmt0580031
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt014947
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0598150
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0613097
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02906350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02846431
IRS990/TotReportableCompRltdOrgAmt0115573
IRS990/TravelGrp/ProgramServicesAmt0649
IRS990/TravelGrp/TotalAmt0649
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0134 EAST SECOND STREET
IRS990/USAddress/CityNm0WABASHA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055981
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.SEMMCHRA.ORG
IRS990/WhistleblowerPolicyInd01
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BOBBI WILLERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06515652638
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MULTI-COUNTY BUILDERS
ReturnHeader/Filer/BusinessNameControlTxt0MULT
ReturnHeader/Filer/EIN0411824119
ReturnHeader/Filer/PhoneNum06515652638
ReturnHeader/Filer/USAddress/AddressLine1Txt0134 EAST SECOND STREET
ReturnHeader/Filer/USAddress/CityNm0WABASHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055981
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01

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.$2.85$2.06$0.79$0.61$0.65$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$2.09$0.82$0.65$0.69$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$2.29$0.83$0.55$0.61$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$2.35$0.90$1.08$0.67$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.33$1.84$0.49$0.54$0.43$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$1.91$0.37$0.49$0.41$0.07
2018Summary only. Only limited summary data is available for this year.$2.28$1.98$0.30$0.45$0.39$0.07
2017Summary only. Only limited summary data is available for this year.$2.28$2.03$0.26$0.44$0.38$0.06
2016Summary only. Only limited summary data is available for this year.$2.12$1.92$0.20$0.39$0.37$0.02
2015Summary only. Only limited summary data is available for this year.$2.14$1.97$0.17$0.41$0.37$0.04
2014Summary only. Only limited summary data is available for this year.$2.19$2.05$0.13$0.40$0.42$0.03
2013Summary only. Only limited summary data is available for this year.$2.42$2.26$0.16$0.39$0.37$0.03
2012Summary only. Only limited summary data is available for this year.$2.38$2.25$0.13$0.37$0.38$0.02
2011Summary only. Only limited summary data is available for this year.$2.43$2.29$0.15$0.36$0.38$0.02