Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
50th percentile
Higher top officer pay than 50% of similar nonprofits.
Top officer pay equals 15.6% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Assets
Down$10,579,354
Down $320,939 (-2.9%) from 2014
Net Assets
Up$9,951,599
Up $910,098 (+10%) from 2014
Liabilities
Down$627,755
Down $1,231,037 (-66%) from 2014
Revenue
Up$1,104,880
Up $682,261 (+161%) from 2014
Expenses
Down$194,782
Down $31,282 (-14%) from 2014
Net Income
Up$910,098
Up $713,543 (+363%) from 2014
To provide opportunities for low and moderate income households in southeastern minnesota counties to secure housing that is decent and affordable and to make loans to low and moderate income households for housing purposes.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $308,864 | $305,802 | ▼ $3,062 |
| Land, Buildings, and Equipment, Net | $422,462 | $245,203 | ▼ $177,259 |
| Cash and Non-Interest-Bearing Accounts | $124,089 | $141,425 | ▲ $17,336 |
| Accounts Receivable | $4,900 | $4,810 | ▼ $90 |
| Total Assets | $10,900,293 | $10,579,354 | ▼ $320,939 |
| Other Assets Total | $10,039,978 | $9,882,114 | ▼ $157,864 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $848,266 | $567,686 | ▼ $280,580 |
| Accounts Payable and Accrued Expenses | $10,030 | $34,873 | ▲ $24,843 |
| Other Liabilities | $1,000,496 | $25,196 | ▼ $975,300 |
| Total Liabilities | $1,858,792 | $627,755 | ▼ $1,231,037 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $9,041,501 | $9,951,599 | ▲ $910,098 |
| Total Net Assets Fund Balance | $9,041,501 | $9,951,599 | ▲ $910,098 |
| Total Liabilities and Net Assets / Fund Balance | $10,900,293 | $10,579,354 | ▼ $320,939 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $245,038 | - | - |
| Equipment | $165 | $36,658 | - |
| Other Assets Org | $1,857,083 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joann Stormer-related Org Comp | Executive Director | FT | $144,573 | $27,621 | $172,194 |
| Name | Title |
|---|---|
| Jose Rivas | Chair |
| Natalie Jones | Vice Chair |
| Karli Mcelroy | Trustee |
| Lou Ohly | Trustee |
| Jamie Ledent | Secretary |
| Umbelina Cremer | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $112,472 |
| Other Expenses | $82,310 |
| Total Fundraising Expense | $3,130 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $59,506 | $19,991 | $1,877 | $81,374 |
| Current Officers, Directors, Trustees, and Key Employees | $22,742 | $7,103 | $1,253 | $31,098 |
| Interest | - | $12,632 | - | $12,632 |
| Occupancy | $8,359 | $3,071 | - | $11,430 |
| Fees for Services Other | - | $11,372 | - | $11,372 |
| Office Expenses | $7,812 | $2,871 | - | $10,683 |
| Advertising | - | $4,035 | - | $4,035 |
| Insurance | - | $3,962 | - | $3,962 |
| Conferences and Meetings | - | $2,298 | - | $2,298 |
| Travel | - | $1,761 | - | $1,761 |
| Other Expenses | $16,651 | $763 | - | $763 |
| All Other Expenses | $-300 | $784 | - | $484 |
| Depreciation Depletion | $124 | $46 | - | $170 |
| Total Functional Expenses | $114,894 | $76,758 | $3,130 | $194,782 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,559,282 |
| Expenses Not Reported on Form 990 | $2,364,500 |
| Expenses per Audited Statements | $194,782 |
| Total Expenses per Form 990 | $194,782 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Rochester Area Foundation | $25,196 |
“The board reviews and discusses form 990 at its monthly meeting before filing.”
“Officers, directors, trustees, and key employees are annually required to fill out and sign disclosure form. They must also verbally indicate whether a conflict exists and abstain from voting at board meeting.”
“The compensation of the executive director of the rochester area foundation is determined by the executive committee of the board of directors using comparability data from the council of foundations. The compensation of the organization's officers and key employees is determined by the executive director of the rochester area foundation using comparability data from the council of foundations and increases are based on merit.”
“Governing documents, conflict of interest policy and/or financial statements may be obtained by the public upon request.”
“The finance committee has the responsibility for oversight of the audit and selection of an independent accountant. The process has not changed from the prior year.”
“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization believes that no significant uncertain tax positions have been taken in its tax returns. At december 31, 2015 generally, the federal and minnesota tax returns for the organization are open for examination by taxing authorities for the years 2012 to 2014. At december 31, 2015, the organization did not record any liabilities for uncertain tax positions.”
“Reported by affiliates 1,019,675.”
“Reported by affiliates 2,364,200.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10030 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 34873 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 4900 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4810 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SOUTHEASTERN MINNESOTA COUNTIES TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND TO MAKE LOANS TO LOW AND MODERATE INCOME HOUSEHOLDS FOR HOUSING PURPOSES. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 4035 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4035 |
| IRS990/AllOtherContributionsAmt | 0 | 951416 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 784 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | -300 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 484 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOANN STORMER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5072877117 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 12 ELTON HILLS DRIVE NW |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 124089 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 141425 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 1253 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 7103 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 22742 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 31098 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2298 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2298 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 951416 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 15499 |
| IRS990/CYOtherExpensesAmt | 0 | 82310 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 137965 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 910098 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 112472 |
| IRS990/CYTotalExpensesAmt | 0 | 194782 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 3130 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1104880 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 46 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 124 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 170 |
| IRS990/Desc | 0 | FIRST HOMES MAKES HOME OWNERSHIP POSSIBLE FOR WORKING FAMILIES IN THE GREATER ROCHESTER AREA. THROUGH ITS COMMUNITY LAND TRUST AND ZERO-INTEREST LOAN PROGRAMS, FIRST HOMES HAS HELPED NEARLY 1,055 FAMILIES PURCHASE A HOME TO DATE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 114894 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 11372 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11372 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 27621 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMIE LEDENT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOSE RIVAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | UMBELINA CREMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | NATALIE JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KARLI MCELROY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LOU OHLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOANN STORMER-RELATED ORG COMP |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 144573 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2001 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1104880 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3962 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3962 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 12632 |
| IRS990/InterestGrp/TotalAmt | 0 | 12632 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 15499 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 15499 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 36658 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 422462 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 245203 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 281861 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SOUTHEASTERN MINNESOTA COUNTIES TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND TO MAKE LOANS TO LOW AND MODERATE INCOME HOUSEHOLDS FOR HOUSING PURPOSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 848266 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 567686 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9041501 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9951599 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3071 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 8359 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 11430 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2871 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 7812 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 10683 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 10039978 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9882114 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | NET PROGRAM EXP-REHAB H |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 3 | PRINTING AND POSTAGE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3519 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2550 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 763 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 16651 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 16651 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3519 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2550 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 763 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1000496 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 25196 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 1877 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 19991 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 59506 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 81374 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 308864 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 305802 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JOANN STORMER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | COMMUMITY LAND TRUST L |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | COMMISSION REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | ASSET IMPAIRMENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 94300 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 55625 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 3240 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 800 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | -16000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 94300 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 55625 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 3240 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 800 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | -16000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 135005 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 17093 |
| IRS990/PYOtherExpensesAmt | 0 | 128141 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 270521 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 196555 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 97923 |
| IRS990/PYTotalExpensesAmt | 0 | 226064 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 422619 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 910098 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 137965 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 416017740 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 300 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 300 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 165 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 36658 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 36823 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 2364500 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 194782 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 245038 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 245038 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 7953584 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 71447 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 1857083 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | LAND HELD IN TRUST |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | OTHER ASSETS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DUE FROM AFFILIATES |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 2364200 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 25196 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO ROCHESTER AREA FOUNDATION |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 1019675 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 1019975 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1104880 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN IN ITS TAX RETURNS. AT DECEMBER 31, 2015 GENERALLY, THE FEDERAL AND MINNESOTA TAX RETURNS FOR THE ORGANIZATION ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2012 TO 2014. AT DECEMBER 31, 2015, THE ORGANIZATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | REPORTED BY AFFILIATES 1,019,675. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | REPORTED BY AFFILIATES 2,364,200. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 245203 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 9882114 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 194782 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 25196 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1104880 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2124855 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2559282 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 144573 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 7957 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 19664 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | JOANN STORMER-RELATED ORG COMP |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 172194 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD REVIEWS AND DISCUSSES FORM 990 AT ITS MONTHLY MEETING BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO FILL OUT AND SIGN DISCLOSURE FORM. THEY MUST ALSO VERBALLY INDICATE WHETHER A CONFLICT EXISTS AND ABSTAIN FROM VOTING AT BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS. THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS AND INCREASES ARE BASED ON MERIT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | RAF PROPERTIES |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 416017740 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 411891463 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | STRENGTHEN COMMUNITY PHILANTHROPY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 1 | 11A TYPE I |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.