Civic Intelligence

Nhhi-Asi Bloomington Inc.

990 • Fiscal year 2016 • EIN 41-1975551

Oct 01, 2015 to Sep 30, 2016 • Filed on Dec 06, 2016

1050 Thorndale AveNew Brighton, MN 55112

(651) 639-9799

Siviq Scores

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

Liabilities / Assets

56th percentile

0.15x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

1.74x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$161,423

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 99.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

29th percentile

-3.2%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-0.8%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,896,642

Down $62,232 (-3.2%) from 2015

Net Assets

Down

$1,614,979

Down $61,239 (-3.7%) from 2015

Liabilities

Down

$281,663

Down $993 (-0.4%) from 2015

Revenue

Down

$162,261

Down $1,321 (-0.8%) from 2015

Expenses

Up

$223,500

Up $3,845 (+1.8%) from 2015

Net Income

Down

-$61,239

Down $5,166 (-9.2%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,273,810Liabilities 2010: $279,760Net Assets 2010: $1,994,0502010Assets 2011: $2,215,931Liabilities 2011: $283,306Net Assets 2011: $1,932,6252011Assets 2012: $2,159,972Liabilities 2012: $283,666Net Assets 2012: $1,876,3062012Assets 2013: $2,096,024Liabilities 2013: $284,553Net Assets 2013: $1,811,4712013Assets 2014: $2,016,415Liabilities 2014: $284,124Net Assets 2014: $1,732,2912014Assets 2015: $1,958,874Liabilities 2015: $282,656Net Assets 2015: $1,676,2182015Assets 2016: $1,896,642Liabilities 2016: $281,663Net Assets 2016: $1,614,9792016Assets 2017: $1,831,351Liabilities 2017: $288,005Net Assets 2017: $1,543,3462017Assets 2018: $1,763,219Liabilities 2018: $282,071Net Assets 2018: $1,481,1482018Assets 2019: $1,689,672Liabilities 2019: $282,762Net Assets 2019: $1,406,9102019Assets 2020: $1,615,253Liabilities 2020: $282,589Net Assets 2020: $1,332,6642020Assets 2021: $1,524,620Liabilities 2021: $285,691Net Assets 2021: $1,238,9292021Assets 2022: $1,444,188Liabilities 2022: $298,200Net Assets 2022: $1,145,9882022Assets 2023: $1,393,172Liabilities 2023: $316,691Net Assets 2023: $1,076,4812023Assets 2024: $1,329,221Liabilities 2024: $292,342Net Assets 2024: $1,036,8792024Assets 2025: $1,295,788Liabilities 2025: $273,316Net Assets 2025: $1,022,4722025

Highlighted filing

2016

Assets$1,896,642
Liabilities$281,663
Net Assets$1,614,979

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $200,6912010Expenses 2011: $209,0342011Expenses 2012: $204,8002012Expenses 2013: $213,6212013Revenue 2014: $147,472Expenses 2014: $226,652Net Income 2014: -$79,1802014Revenue 2015: $163,582Expenses 2015: $219,655Net Income 2015: -$56,0732015Revenue 2016: $162,261Expenses 2016: $223,500Net Income 2016: -$61,2392016Revenue 2017: $166,952Expenses 2017: $238,585Net Income 2017: -$71,6332017Revenue 2018: $172,431Expenses 2018: $234,629Net Income 2018: -$62,1982018Revenue 2019: $180,030Expenses 2019: $254,268Net Income 2019: -$74,2382019Revenue 2020: $190,236Expenses 2020: $264,482Net Income 2020: -$74,2462020Revenue 2021: $193,294Expenses 2021: $287,029Net Income 2021: -$93,7352021Revenue 2022: $203,514Expenses 2022: $296,455Net Income 2022: -$92,9412022Revenue 2023: $225,535Expenses 2023: $295,042Net Income 2023: -$69,5072023Revenue 2024: $256,468Expenses 2024: $296,070Net Income 2024: -$39,6022024Revenue 2025: $274,617Expenses 2025: $289,024Net Income 2025: -$14,4072025

Highlighted filing

2016

Revenue$162,261
Expenses$223,500
Net Income-$61,239
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Dec 6, 2016
Return Version
2015v3.0
Gross Receipts
$162,261
Mission and Program Overview

Mission

To develop, own, and manage affordable housing for low income persons with disabilities and for seniors.

To develop, own and manage affordable housing for low income persons with disabilities and for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,797,968$1,721,554▼ $76,414
Cash and Non-Interest-Bearing Accounts$201$2,767▲ $2,566
Total Assets$1,958,874$1,896,642▼ $62,232
Other Assets Total$160,705$172,321▲ $11,616
Liabilities
Mortgage Notes Payable Secured by Investment Property$250,000$250,000→ $0
Accounts Payable and Accrued Expenses$27,451$26,751▼ $700
Other Liabilities$5,205$4,912▼ $293
Total Liabilities$282,656$281,663▼ $993
Net Assets / Fund Balance
Unrestricted Net Assets$1,676,218$1,614,979▼ $61,239
Total Net Assets Fund Balance$1,676,218$1,614,979▼ $61,239
Total Liabilities and Net Assets / Fund Balance$1,958,874$1,896,642▼ $62,232

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,149,495$1,125,958$2,275,453
Land$526,765-$526,765
Other Land Buildings$45,294-$45,294
Other Assets Org$5,005--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike SemschPresident
Susan SchnarrSecretary
David BradenTreasurer
Mike ChevretteVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$102,859
Program Service Revenue
$59,264
Investment Income
$138
Other Revenue
$0
Change in Net Assets
$-61,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$162,261
Total Revenue per Audited Statements
$162,261
Total Revenue per Form 990
$162,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,522
Salaries, Compensation, and Employee Benefits$33,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$81,375--$81,375
Other Salaries and Wages$17,758$11,873-$29,631
Occupancy$22,822--$22,822
All Other Expenses$15,285$614-$15,899
Other Expenses$12,771$14,948-$12,771
Fees for Services Accounting-$6,976-$6,976
Office Expenses-$2,978-$2,978
Payroll Taxes$2,414--$2,414
Other Employee Benefits$1,933--$1,933
Fees for Services Legal-$82-$82
Total Functional Expenses$186,029$37,471$0$223,500

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$223,500
Total Expenses per Audited Statements$223,500
Total Expenses per Form 990$223,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,912
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the board and signed by the president.

Form 990, Page 6, Part VI, Line 19

All governing documents of the organization, including federal form 990 and financial statements can be reviewed by contacting: national handicap housing institute 1050 thorndale ave new brighton, mn 55112

Filing and Contact Details

Filer

Filer Name
Nhhiasi Bloomington Inc
EIN
41-1975551
Phone
6516399799
Address
1050 THORNDALE AVE, NEW BRIGHTON, MN 55112

Signing Officer

Name
Mike Semsch
Title
President
Phone
6516399799
Signed
2016-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Semsch
Formed
2002
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Hinrichs & Associates Ltd
Address
1000 SHELARD PARKWAY SUITE 110, MINNEAPOLIS, MN 55426
Preparer
Anthony J Hinrichs
Phone
9525428010
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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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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0161423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE SEMSCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0161423
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY THE BOARD AND SIGNED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS OF THE ORGANIZATION, INCLUDING FEDERAL FORM 990 AND FINANCIAL STATEMENTS CAN BE REVIEWED BY CONTACTING: NATIONAL HANDICAP HOUSING INSTITUTE 1050 THORNDALE AVE NEW BRIGHTON, MN 55112
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NHHI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NATIONAL HANDICAP HOUSING INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NHHI AFFILIATES (SCHEDULE ATTACHED)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01050 THORNDALE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11050 THORNDALE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW BRIGHTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEW BRIGHTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd155112
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01958874
IRS990/TotalAssetsEOYAmt01896642
IRS990/TotalAssetsGrp/BOYAmt01958874
IRS990/TotalAssetsGrp/EOYAmt01896642
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0102859
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037471
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186029
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223500
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0282656
IRS990/TotalLiabilitiesEOYAmt0281663
IRS990/TotalLiabilitiesGrp/BOYAmt0282656
IRS990/TotalLiabilitiesGrp/EOYAmt0281663
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01676218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01614979
IRS990/TotalProgramServiceExpensesAmt0186029
IRS990/TotalProgramServiceRevenueAmt059264
IRS990/TotalRevenueGrp/ExclusionAmt0138
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt059264
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0162261
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01958874
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01896642
IRS990/TotReportableCompRltdOrgAmt0161423
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01676218
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01614979
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01050 THORNDALE AVE
IRS990/USAddress/CityNm0NEW BRIGHTON
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd0551122400
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NHHIACCESSIBLEHOUSING.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE SEMSCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06516399799
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NHHIASI BLOOMINGTON INC
ReturnHeader/Filer/BusinessNameControlTxt0NHHI
ReturnHeader/Filer/EIN0411975551
ReturnHeader/Filer/PhoneNum06516399799
ReturnHeader/Filer/USAddress/AddressLine1Txt01050 THORNDALE AVE
ReturnHeader/Filer/USAddress/CityNm0NEW BRIGHTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055112
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411629155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HINRICHS & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 SHELARD PARKWAY SUITE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055426
ReturnHeader/PreparerPersonGrp/PhoneNum09525428010
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY J HINRICHS
ReturnHeader/ReturnTs02017-02-18T11:12:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.30$0.27$1.02$0.27$0.29$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.29$1.04$0.26$0.30$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.32$1.08$0.23$0.30$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.30$1.15$0.20$0.30$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.52$0.29$1.24$0.19$0.29$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.62$0.28$1.33$0.19$0.26$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.69$0.28$1.41$0.18$0.25$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.76$0.28$1.48$0.17$0.23$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.83$0.29$1.54$0.17$0.24$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.28$1.61$0.16$0.22$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.28$1.68$0.16$0.22$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.28$1.73$0.15$0.23$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.28$1.81$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.28$1.88$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.28$1.93$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.28$1.99$0.20
Peer Organizations

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