Civic Intelligence

Community Housing Resources

990 • Fiscal year 2021 • EIN 41-2011396

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

Organization ProfileN/A
1001 Washington Ave NMinneapolis, MN 55401

(612) 342-1400

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.15x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

75th percentile

30%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

43rd percentile

$217,528

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

64th percentile

16%

Faster asset growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-57%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$41,679,341

Up $5,668,972 (+16%) from 2020

Net Assets

Up

$39,369,727

Up $4,854,172 (+14%) from 2020

Liabilities

Up

$2,309,614

Up $814,800 (+55%) from 2020

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin75th percentile

Revenue

Down

$15,920,162

Down $20,985,457 (-57%) from 2020

Expenses

Up

$11,065,990

Up $8,637,466 (+356%) from 2020

Net Income

Down

$4,854,172

Down $29,622,923 (-86%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$60M$40M$20M$0Assets 2011: $38,587Liabilities 2011: $02011Assets 2012: $38,559Liabilities 2012: $02012Assets 2013: $38,541Liabilities 2013: $02013Assets 2014: $38,523Liabilities 2014: $02014Assets 2015: $38,505Liabilities 2015: $02015Assets 2016: $38,487Liabilities 2016: $02016Assets 2017: $38,470Liabilities 2017: $02017Assets 2018: $38,458Liabilities 2018: $02018Assets 2019: $38,460Liabilities 2019: $02019Assets 2020: $36,010,369Liabilities 2020: $1,494,814Net Assets 2020: $34,515,5552020Assets 2021: $41,679,341Liabilities 2021: $2,309,614Net Assets 2021: $39,369,7272021Assets 2022: $43,569,171Liabilities 2022: $3,500,791Net Assets 2022: $40,068,3802022Assets 2023: $44,223,775Liabilities 2023: $1,941,243Net Assets 2023: $42,282,5322023Assets 2024: $52,274,494Liabilities 2024: $3,250,436Net Assets 2024: $49,024,0582024

Highlighted filing

2021

Assets$41,679,341
Liabilities$2,309,614
Net Assets$39,369,727
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $0Expenses 2011: $25Net Income 2011: -$252011Revenue 2012: $3Expenses 2012: $31Net Income 2012: -$282012Revenue 2013: $7Expenses 2013: $25Net Income 2013: -$182013Revenue 2014: $0Expenses 2014: $25Net Income 2014: -$252014Revenue 2015: $0Expenses 2015: $25Net Income 2015: -$252015Revenue 2016: $0Expenses 2016: $25Net Income 2016: -$252016Revenue 2017: $8Expenses 2017: $25Net Income 2017: -$172017Revenue 2018: $13Expenses 2018: $25Net Income 2018: -$122018Revenue 2019: $27Expenses 2019: $25Net Income 2019: $22019Revenue 2020: $36,905,619Expenses 2020: $2,428,524Net Income 2020: $34,477,0952020Revenue 2021: $15,920,162Expenses 2021: $11,065,990Net Income 2021: $4,854,1722021Revenue 2022: $14,059,276Expenses 2022: $13,360,623Net Income 2022: $698,6532022Revenue 2023: $15,051,514Expenses 2023: $12,837,362Net Income 2023: $2,214,1522023Revenue 2024: $20,354,111Expenses 2024: $13,612,585Net Income 2024: $6,741,5262024

Highlighted filing

2021

Revenue$15,920,162
Expenses$11,065,990
Net Income$4,854,172
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$15,920,162
Mission and Program Overview

Mission

To provide affordable housing solutions for low-income persons in Minneapolis, Minnesota.

To support Minneapolis Public Housing Authority in providing affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,390,690$36,322,155▲ $2,931,465
Savings and Temporary Cash Investments$971,553$1,373,085▲ $401,532
Prepaid Expenses and Deferred Charges$332,897$387,638▲ $54,741
Accounts Receivable$78,544$134,446▲ $55,902
Total Assets$36,010,369$41,679,341▲ $5,668,972
Other Assets Total$1,236,685$3,462,017▲ $2,225,332
Liabilities
Other Liabilities$1,105,733$1,879,552▲ $773,819
Accounts Payable and Accrued Expenses$377,416$228,137▼ $149,279
Deferred Revenue$11,665$201,925▲ $190,260
Total Liabilities$1,494,814$2,309,614▲ $814,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,515,555$39,369,727▲ $4,854,172
Total Net Assets Fund Balance$34,515,555$39,369,727▲ $4,854,172
Total Liabilities and Net Assets / Fund Balance$36,010,369$41,679,341▲ $5,668,972

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,596,939$50,877,737$71,474,676
Land$11,681,637-$11,681,637
Other Land Buildings$3,937,140-$3,937,140
Equipment$106,439$700,508$806,947
Other Assets Org$3,462,017--
Compensation and Service Providers
Top Officer Pay43rd percentile

Board Members and Trustees

NameTitle
Sharmarke IssaChair/Commissioner MPHA
Abdullahi IsseDirector/Commissioner MPHA
Andrea BrennanDirector/Commissioner MPHA
Cara LetofskyDirector/Commissioner MPHA
Faith XiongDirector/Commissioner MPHA
Honorable James RosenbaumDirector/Commissioner MPHA
Mikkel BeckmenDirector/Commissioner MPHA
Tamir MohamudDirector/Commissioner MPHA
Tessa WetjenDirector/Commissioner MPHA
Abdulkadir Warsame- PresidentExecutive Director MPHA
Tim DuroseTreasurer/CFO MPHA
Revenue and Support

Revenue Composition

Contributions and Grants
$2,179,921
Program Service Revenue
$13,740,241
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$4,854,172

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,920,162
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,920,162
Total Revenue per Form 990
$15,920,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,065,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$5,868,410--$5,868,410
Occupancy$2,109,739--$2,109,739
Fees for Services Management-$1,164,841-$1,164,841
Depreciation Depletion$1,128,543--$1,128,543
Insurance$463,366--$463,366
Office Expenses$65,172--$65,172
Other Expenses$35,856--$35,856
All Other Expenses$4,599--$4,599
Fees for Services Accounting$3,290--$3,290
Total Functional Expenses$9,901,149$1,164,841$0$11,065,990

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,065,990
Total Expenses per Audited Statements$11,065,990
Total Expenses per Form 990$11,065,990
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to MPHA$1,746,623
Due to other governments$132,929
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
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“The board members are also board members at the Minneapolis Public Housing Authority, a related government organization. Therefore, a business relationship exists between them.”

Form 990, Part VI, Section A, line 8B

“There are no committees with authority to act on behalf of the board.”

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

“Form 990 and schedules are reviewed by the Chief Financial Officer prior to be submitted to the IRS.”

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

“All Commissioners and Directors are covered by the Conflict of interest policy. The covered individuals are given training and asked to complete an annual self-disclosure form. General Counsel reviews these disclosure forms and otherwise advises the organization, including directors and commissioners, as to potential conflicts. If such a conflict arrises, restrictions are imposed in accordance with the Code of Ethics and Standards of Conduct Policy at the organization.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Community Housing Resources
EIN
41-2011396
Phone
6123421400
Address
1001 Washington Ave N, Minneapolis, MN 55401

Signing Officer

Name
Tim Durose
Title
Treasurer
Phone
6123421400
Signed
2022-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Durose
Formed
2001
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Contract Maintenance Services: Program service expenses 4,920,490. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,920,490. Contract Property Management Services: Program service expenses 947,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 947,920.”

Raw XML AppendixShowing 400 of 534 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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IRS990/PYProgramServiceRevenueAmt03380070
IRS990/PYRevenuesLessExpensesAmt034477095
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02428524
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt036905619
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04854172
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013740241
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0971553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01373085
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Community Housing Resources (CHR) has a long-term housing assistance contract with Minneapolis Public Housing Authority (MPHA) for the operation and rental of Section 8 subsidized units to low-income families. The amount provided represents the operating expenses for providing this housing and includes services, administrative expenses, and depreciation on capital assets.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Minneapolis Public Housing Authority, the supported organization, is not required to obtain recognition of its public charity status because it is a governmental entity described in Section 170(c)(1) of the Internal Revenue Code.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I, Line 12g(vi)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Line 2
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt011065990
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0411677709
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt011065990
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Minneapolis Public Housing Authority
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt020596939
IRS990ScheduleD/BuildingsGrp/DepreciationAmt050877737
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt071474676
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106439
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0700508
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0806947
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011065990
IRS990ScheduleD/LandGrp/BookValueAmt011681637
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011681637
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03462017
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from MPHA
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03937140
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03937140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01746623
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1132929
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to MPHA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to other governments
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015920162
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036322155
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03462017
IRS990ScheduleD/TotalExpensesPerForm990Amt011065990
IRS990ScheduleD/TotalLiabilityAmt01879552
IRS990ScheduleD/TotalRevenuePerForm990Amt015920162
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015920162
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011065990
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0176363
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1168488
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013564
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt112488
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028140
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt129577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Abdulkadir Warsame- President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Tim Durose
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director MPHA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Treasurer/CFO MPHA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0218067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1210553
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Compensation reported on Form 990, Part VII and Schedule J, Part II is paid by the Minneapolis Public Housing Authority (MPHA), a related organization, for employee services to MPHA. MPHA uses one or more of these methods to establish compensation.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board members are also board members at the Minneapolis Public Housing Authority, a related government organization. Therefore, a business relationship exists between them.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committees with authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 and schedules are reviewed by the Chief Financial Officer prior to be submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All Commissioners and Directors are covered by the Conflict of interest policy. The covered individuals are given training and asked to complete an annual self-disclosure form. General Counsel reviews these disclosure forms and otherwise advises the organization, including directors and commissioners, as to potential conflicts. If such a conflict arrises, restrictions are imposed in accordance with the Code of Ethics and Standards of Conduct Policy at the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contract Maintenance Services: Program service expenses 4,920,490. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,920,490. Contract Property Management Services: Program service expenses 947,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 947,920.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MPHA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1MPHA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2MPHA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Minneapolis Public Housing Authority (MPHA)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MPHA Hold Co
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2MPHA Property Mgmt Co
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MPHA Dev Co
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0411677709

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,679,341
Liabilities
$2,309,614
Net assets
$39,369,727
Revenue
$15,920,162
Expenses
$11,065,990
Net income
$4,854,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.3$3.25$49.0$20.4$13.6$6.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.2$1.94$42.3$15.1$12.8$2.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.6$3.50$40.1$14.1$13.4$0.70
2021Detailed filing. Detailed filing data is available for this year.$41.7$2.31$39.4$15.9$11.1$4.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.0$1.49$34.5$36.9$2.43$34.5
2019Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2018Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2016Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.00$0.00