Civic Intelligence

Grand Marais Apartments Incorporated

EIN 41-6168268 • 501(c)4 • Grand Marais, MN

Profile

To acquire,construct, provide and operate

PO Box 576Grand Marais, MN 55604

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.58x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

2.24x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

58th percentile

3.5%

Faster revenue growth than 58% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$195,753

Up $41,310 (+27%) from 2024

Liabilities

Up

$309,725

Up $979 (+0.3%) from 2024

Net Assets

Up

-$113,972

Up $40,331 (+26%) from 2024

Operations
Liabilities / Revenue98th percentileNet Margin84th percentile

Revenue

Up

$138,426

Up $4,671 (+3.5%) from 2024

Expenses

Down

$98,095

Down $44,305 (-31%) from 2024

Net Income

Up

$40,331

Up $48,976 (+567%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200KAssets 2011: $106,605Liabilities 2011: $74,714Net Assets 2011: $31,8912011Assets 2012: $102,350Liabilities 2012: $70,038Net Assets 2012: $32,3122012Assets 2013: $93,159Liabilities 2013: $68,950Net Assets 2013: $24,2092013Assets 2014: $97,005Liabilities 2014: $57,453Net Assets 2014: $39,5522014Assets 2015: $91,087Liabilities 2015: $52,055Net Assets 2015: $39,0322015Assets 2016: $360,562Liabilities 2016: $308,332Net Assets 2016: $52,2302016Assets 2017: $262,433Liabilities 2017: $311,788Net Assets 2017: -$49,3552017Assets 2018: $270,399Liabilities 2018: $314,666Net Assets 2018: -$44,2672018Assets 2019: $289,235Liabilities 2019: $312,275Net Assets 2019: -$23,0402019Assets 2020: $147,610Liabilities 2020: $311,110Net Assets 2020: -$163,5002020Assets 2021: $153,637Liabilities 2021: $313,520Net Assets 2021: -$159,8832021Assets 2022: $160,942Liabilities 2022: $313,244Net Assets 2022: -$152,3022022Assets 2023: $162,156Liabilities 2023: $307,814Net Assets 2023: -$145,6582023Assets 2024: $154,443Liabilities 2024: $308,746Net Assets 2024: -$154,3032024Assets 2025: $195,753Liabilities 2025: $309,725Net Assets 2025: -$113,9722025

Highlighted filing

2025

Assets$195,753
Liabilities$309,725
Net Assets-$113,972
Open 2025 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2011: $83,031Expenses 2011: $88,525Net Income 2011: -$5,4942011Revenue 2012: $80,472Expenses 2012: $80,051Net Income 2012: $4212012Revenue 2013: $76,237Expenses 2013: $84,340Net Income 2013: -$8,1032013Revenue 2014: $121,165Expenses 2014: $105,822Net Income 2014: $15,3432014Revenue 2015: $90,257Expenses 2015: $90,778Net Income 2015: -$5212015Revenue 2016: $88,207Expenses 2016: $76,953Net Income 2016: $11,2542016Revenue 2017: $90,017Expenses 2017: $191,602Net Income 2017: -$101,5852017Revenue 2018: $92,020Expenses 2018: $86,932Net Income 2018: $5,0882018Revenue 2019: $89,867Expenses 2019: $68,162Net Income 2019: $21,7052019Revenue 2020: $91,739Expenses 2020: $232,737Net Income 2020: -$140,9982020Revenue 2021: $92,798Expenses 2021: $88,642Net Income 2021: $4,1562021Revenue 2022: $92,914Expenses 2022: $89,418Net Income 2022: $3,4962022Revenue 2023: $110,432Expenses 2023: $103,788Net Income 2023: $6,6442023Revenue 2024: $133,755Expenses 2024: $142,400Net Income 2024: -$8,6452024Revenue 2025: $138,426Expenses 2025: $98,095Net Income 2025: $40,3312025

Highlighted filing

2025

Revenue$138,426
Expenses$98,095
Net Income$40,331
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,753
Liabilities
$309,725
Net assets
-$113,972
Revenue
$138,426
Expenses
$98,095
Net income
$40,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.96$3.10$1.14$1.38$0.98$0.40
2024Detailed filing. Detailed filing data is available for this year.$1.54$3.09$1.54$1.34$1.42$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.62$3.08$1.46$1.10$1.04$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.61$3.13$1.52$0.93$0.89$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.54$3.14$1.60$0.93$0.89$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.48$3.11$1.64$0.92$2.33$1.41
2019Detailed filing. Detailed filing data is available for this year.$2.89$3.12$0.23$0.90$0.68$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.70$3.15$0.44$0.92$0.87$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.62$3.12$0.49$0.90$1.92$1.02
2016Detailed filing. Detailed filing data is available for this year.$3.61$3.08$0.52$0.88$0.77$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.52$0.39$0.90$0.91$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.57$0.40$1.21$1.06$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.69$0.24$0.76$0.84$0.08
2012Summary only. Only limited summary data is available for this year.$1.02$0.70$0.32$0.80$0.80$0.00
2011Summary only. Only limited summary data is available for this year.$1.07$0.75$0.32$0.83$0.89$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 23, 2026
Return Version
2025v4.1
Gross Receipts
$138,426
Mission and Program Overview

Mission

To acquire,construct, provide and operate rental housing and related facilities suite to the special needs and living requirements of eligible occupants as determined by the u.s. Department

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$124,073$150,145▲ $26,072
Cash and Non-Interest-Bearing Accounts$12,243$25,188▲ $12,945
Land, Buildings, and Equipment, Net$17,250$19,426▲ $2,176
Accounts Receivable$877$994▲ $117
Total Assets$154,443$195,753▲ $41,310
Liabilities
Mortgage Notes Payable Secured by Investment Property$301,864$301,864→ $0
Other Liabilities$6,882$7,861▲ $979
Total Liabilities$308,746$309,725▲ $979
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-154,303$-113,972▲ $40,331
Total Net Assets Fund Balance$-154,303$-113,972▲ $40,331
Total Liabilities and Net Assets / Fund Balance$154,443$195,753▲ $41,310

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,176$347,662$349,838
Equipment$0$28,297$28,297
Land$17,250-$17,250
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Mary PetzChair
David CarlsonVice Chair
Theresa Luther-dolanSecretary
Donna LunkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$136,094
Investment Income
$2,332
Other Revenue
$0
Change in Net Assets
$40,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,782
Salaries, Compensation, and Employee Benefits$12,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$28,360$0$0$28,360
Fees for Services Management$16,168$0$0$16,168
Other Salaries and Wages$12,313$0$0$12,313
Insurance$8,674$0$0$8,674
Fees for Services Accounting$2,700$0$0$2,700
Office Expenses$655$0$0$655
Advertising$358$0$0$358
Interest$71$0$0$71
Total Functional Expenses$98,095$0$0$98,095
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$7,843
Prepaid Rent$18
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Grand Marais Apartments Incorporated
EIN
41-6168268
Phone
2183702161
Address
PO BOX 576, GRAND MARAIS, MN 55604

Signing Officer

Name
Donna Lunke
Title
Treasurer
Phone
2183702161
Signed
2026-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Lunke
Formed
1974
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Boyer & Company
Address
14500 Burnhaven Drive Ste 135, BURNSVILLE, MN 55306
Preparer
Kelly Loose
Phone
9524353437
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is provided to the board and management, they review the forms. Once it is reviewd they sign and mail the return.”

Pt VI, Line 19

“Documents are available to the public upon request.”

Pt VI, Line 3

“The organization has hired melissa smith as property management. The chair and treasurer are the only ones with banking access”

Pt VI, Line 8A

“NONE”

Pt VI, Line 8B

“NONE”

Raw XML Appendix313 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0877
IRS990/AccountsReceivableGrp/EOYAmt0994
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ACQUIRE,CONSTRUCT, PROVIDE AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITE TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELIGIBLE OCCUPANTS AS DETERMINED BY THE U.S. DEPARTMENT
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0358
IRS990/AdvertisingGrp/TotalAmt0358
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0VAN BINSBERGEN ASSOC
IRS990/BooksInCareOfDetail/PhoneNum03202696640
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0540 S 1ST STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONTEVIDEO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056265
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt012243
IRS990/CashNonInterestBearingGrp/EOYAmt025188
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02332
IRS990/CYOtherExpensesAmt085782
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0136094
IRS990/CYRevenuesLessExpensesAmt040331
IRS990/CYSalariesCompEmpBnftPaidAmt012313
IRS990/CYTotalExpensesAmt098095
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0138426
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0PROVIDED 16 HOUSING RENTAL UNITS IN GRAND MARAIS SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELIGIBLE OCCUPANTS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt098095
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02700
IRS990/FeesForServicesAccountingGrp/TotalAmt02700
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt016168
IRS990/FeesForServicesManagementGrp/TotalAmt016168
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MARY PETZ
IRS990/Form990PartVIISectionAGrp/PersonNm1DONNA LUNKE
IRS990/Form990PartVIISectionAGrp/PersonNm2THERESA LUTHER-DOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID CARLSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0138426
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt08674
IRS990/InsuranceGrp/TotalAmt08674
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt071
IRS990/InterestGrp/TotalAmt071
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02332
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0375959
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017250
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019426
IRS990/LandBldgEquipCostOrOtherBssAmt0395385
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO ACQUIRE,CONSTRUCT, PROVIDE AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITE TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELIGIBLE OCCUPANTS AS DETERMINED BY THE U.S. DEPARTMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0301864
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0301864
IRS990/NetAssetsOrFundBalancesBOYAmt0-154303
IRS990/NetAssetsOrFundBalancesEOYAmt0-113972
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-154303
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-113972
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0655
IRS990/OfficeExpensesGrp/TotalAmt0655
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt05014
IRS990/OtherExpensesGrp/ProgramServicesAmt123782
IRS990/OtherExpensesGrp/ProgramServicesAmt228360
IRS990/OtherExpensesGrp/TotalAmt05014
IRS990/OtherExpensesGrp/TotalAmt123782
IRS990/OtherExpensesGrp/TotalAmt228360
IRS990/OtherLiabilitiesGrp/BOYAmt06882
IRS990/OtherLiabilitiesGrp/EOYAmt07861
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012313
IRS990/OtherSalariesAndWagesGrp/TotalAmt012313
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DONNA LUNKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0136094
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02326
IRS990/PYOtherExpensesAmt0131946
IRS990/PYProgramServiceRevenueAmt0131429
IRS990/PYRevenuesLessExpensesAmt0-8645
IRS990/PYSalariesCompEmpBnftPaidAmt010454
IRS990/PYTotalExpensesAmt0142400
IRS990/PYTotalRevenueAmt0133755
IRS990/ReconcilationRevenueExpnssAmt040331
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0138426
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0124073
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150145
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02176
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0347662
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0349838
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028297
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028297
IRS990ScheduleD/LandGrp/BookValueAmt017250
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07843
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019426
IRS990ScheduleD/TotalLiabilityAmt07861
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO THE BOARD AND MANAGEMENT, THEY REVIEW THE FORMS. ONCE IT IS REVIEWD THEY SIGN AND MAIL THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS HIRED MELISSA SMITH AS PROPERTY MANAGEMENT. THE CHAIR AND TREASURER ARE THE ONLY ONES WITH BANKING ACCESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NONE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 8b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0154443
IRS990/TotalAssetsEOYAmt0195753
IRS990/TotalAssetsGrp/BOYAmt0154443
IRS990/TotalAssetsGrp/EOYAmt0195753
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098095
IRS990/TotalFunctionalExpensesGrp/TotalAmt098095
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0308746
IRS990/TotalLiabilitiesEOYAmt0309725
IRS990/TotalLiabilitiesGrp/BOYAmt0308746
IRS990/TotalLiabilitiesGrp/EOYAmt0309725
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-154303
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-113972
IRS990/TotalProgramServiceExpensesAmt098095
IRS990/TotalProgramServiceRevenueAmt0136094
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0138426
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0138426
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0154443
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195753
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 576
IRS990/USAddress/CityNm0GRAND MARAIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055604
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA LUNKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02183702161
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAND MARAIS APARTMENTS INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0416168268
ReturnHeader/Filer/PhoneNum02183702161
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 576
ReturnHeader/Filer/USAddress/CityNm0GRAND MARAIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055604
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411383848
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOYER & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014500 Burnhaven Drive Ste 135
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURNSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055306
ReturnHeader/PreparerPersonGrp/PhoneNum09524353437
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY LOOSE
ReturnHeader/ReturnTs02026-03-31T13:06:33-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.