Civic Intelligence

Lake Agassiz Housing Corporation

EIN 45-0458458 • 501(c)3 • Fargo, ND

Profile

Lahc's mission is to address housing needs in the service area. The north dakota counties of cass, ransom, richland, sargent, steele and traill are the primary service area.

417 Main AvenueFargo, ND 58103

www.lakeagassiz.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.95x

Higher debt load relative to assets than 66% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

4.62x

Higher debt load relative to revenue than 71% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

66th percentile

5.6%

Higher net margin than 66% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$102,107

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-4.0%

Faster asset growth than 28% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-1.9%

Faster revenue growth than 28% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$2,573,196

Down $107,578 (-4.0%) from 2023

Liabilities

Down

$2,443,599

Down $136,957 (-5.3%) from 2023

Net Assets

Up

$129,597

Up $29,379 (+29%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin66th percentile

Revenue

Down

$528,776

Down $10,006 (-1.9%) from 2023

Expenses

Down

$499,397

Down $24,874 (-4.7%) from 2023

Net Income

Up

$29,379

Up $14,868 (+102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,085,882Liabilities 2010: $3,387,639Net Assets 2010: $698,2432010Assets 2011: $4,020,465Liabilities 2011: $3,313,780Net Assets 2011: $706,6852011Assets 2012: $3,832,586Liabilities 2012: $3,215,408Net Assets 2012: $617,1782012Assets 2013: $3,685,782Liabilities 2013: $3,113,975Net Assets 2013: $571,8072013Assets 2014: $3,733,519Liabilities 2014: $3,213,243Net Assets 2014: $520,2762014Assets 2015: $3,531,157Liabilities 2015: $3,109,293Net Assets 2015: $421,8642015Assets 2016: $3,363,810Liabilities 2016: $3,016,601Net Assets 2016: $347,2092016Assets 2017: $3,173,336Liabilities 2017: $2,920,083Net Assets 2017: $253,2532017Assets 2018: $2,978,130Liabilities 2018: $2,716,701Net Assets 2018: $261,4292018Assets 2019: $2,890,252Liabilities 2019: $2,636,722Net Assets 2019: $253,5302019Assets 2020: $3,052,956Liabilities 2020: $2,884,329Net Assets 2020: $168,6272020Assets 2021: $2,885,960Liabilities 2021: $2,781,085Net Assets 2021: $104,8752021Assets 2022: $2,756,850Liabilities 2022: $2,671,143Net Assets 2022: $85,7072022Assets 2023: $2,680,774Liabilities 2023: $2,580,556Net Assets 2023: $100,2182023Assets 2024: $2,573,196Liabilities 2024: $2,443,599Net Assets 2024: $129,5972024

Highlighted filing

2024

Assets$2,573,196
Liabilities$2,443,599
Net Assets$129,597
Open 2024 Filing

Operations Trend

Revenue Growth28th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $515,6872010Expenses 2011: $522,2552011Expenses 2012: $566,5902012Revenue 2013: $557,765Expenses 2013: $563,086Net Income 2013: -$5,3212013Revenue 2014: $668,787Expenses 2014: $570,318Net Income 2014: $98,4692014Revenue 2015: $577,845Expenses 2015: $676,257Net Income 2015: -$98,4122015Revenue 2016: $467,200Expenses 2016: $516,856Net Income 2016: -$49,6562016Revenue 2017: $457,172Expenses 2017: $526,128Net Income 2017: -$68,9562017Revenue 2018: $466,194Expenses 2018: $497,262Net Income 2018: -$31,0682018Revenue 2019: $483,014Expenses 2019: $490,913Net Income 2019: -$7,8992019Revenue 2020: $438,480Expenses 2020: $508,383Net Income 2020: -$69,9032020Revenue 2021: $636,407Expenses 2021: $700,159Net Income 2021: -$63,7522021Revenue 2022: $522,855Expenses 2022: $542,023Net Income 2022: -$19,1682022Revenue 2023: $538,782Expenses 2023: $524,271Net Income 2023: $14,5112023Revenue 2024: $528,776Expenses 2024: $499,397Net Income 2024: $29,3792024

Highlighted filing

2024

Revenue$528,776
Expenses$499,397
Net Income$29,379
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,573,196
Liabilities
$2,443,599
Net assets
$129,597
Revenue
$528,776
Expenses
$499,397
Net income
$29,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$2.44$0.13$0.53$0.50$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$2.58$0.10$0.54$0.52$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$2.67$0.09$0.52$0.54$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$2.78$0.10$0.64$0.70$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.05$2.88$0.17$0.44$0.51$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$2.64$0.25$0.48$0.49$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$2.72$0.26$0.47$0.50$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$2.92$0.25$0.46$0.53$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$3.02$0.35$0.47$0.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.53$3.11$0.42$0.58$0.68$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.73$3.21$0.52$0.67$0.57$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.69$3.11$0.57$0.56$0.56$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$3.22$0.62$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$3.31$0.71$0.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$3.39$0.70$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 13, 2025
Return Version
2024v5.2
Gross Receipts
$528,776
Mission and Program Overview

Mission

Lahc's mission is to address housing needs in the service area. The north dakota counties of cass, ransom, richland, sargent, steele and traill are the primary service area.

To promote community development by developing senior congregate living facilities and other housing needs to maintain ecomomic vitality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,411,928$2,299,992▼ $111,936
Accounts Receivable$135,350$160,850▲ $25,500
Savings and Temporary Cash Investments$90,972$59,325▼ $31,647
Cash and Non-Interest-Bearing Accounts$42,524$53,029▲ $10,505
Total Assets$2,680,774$2,573,196▼ $107,578
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,310,501$2,170,019▼ $140,482
Accounts Payable and Accrued Expenses$270,055$273,580▲ $3,525
Total Liabilities$2,580,556$2,443,599▼ $136,957
Net Assets / Fund Balance
Net Assets With Donor Restrictions$100,218$129,597▲ $29,379
Total Net Assets Fund Balance$100,218$129,597▲ $29,379
Total Liabilities and Net Assets / Fund Balance$2,680,774$2,573,196▼ $107,578

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,114,535$2,672,514$4,787,049
Equipment$0$198,389$198,389
Land$185,457-$185,457
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Donald LitchChief Financial OfficerPT$102,107$102,107
Amber MetzExecutive DirectorPT$48,552$48,552

Board Members and Trustees

NameTitle
Rick MairsPresident
Larry JacobsenVice President
Robert WurlSecretary
Lisa RotvoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$525,072
Investment Income
$717
Other Revenue
$2,987
Change in Net Assets
$29,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$499,397
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
Occupancy$147,266--$147,266
Depreciation Depletion$127,430--$127,430
Interest$66,901--$66,901
Insurance$33,835--$33,835
Office Expenses$2,500--$2,500
Fees for Services Accounting$2,250--$2,250
Other Expenses$1,870--$1,870
Travel$616--$616
Total Functional Expenses$499,397$0$0$499,397
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 8B

“Besides the board of directors, lake agassiz housing corp does not have other committees with authority over the organization.”

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

“Reviewed and approved at the board of directors meeting.”

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

“The board of directors is periodically reminded of the conflict of interest policy and of the importance to adhere to it.”

Form 990, Part VI, Section B, Line 15

“The board approves compensation at rates of 3-5% annually, if feasible. When available membership organizations such as nadco and bank compensation surveys are consulted and presented with compensation plans.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Lake Agassiz Housing Corporation
EIN
45-0458458
Phone
7012351197
Address
417 MAIN AVENUE, FARGO, ND 58103

Signing Officer

Name
Donald Litch
Title
CFO
Phone
7012351197
Signed
2025-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Litch
Formed
2000
Legal Domicile
Nd
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Brady Martz & Associates Pc
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization did not change its oversight or selection process during the year.”

Financial Statement Notes

PART X, LINE 2:

“It is the opinion of management that lake agassiz housing corporation has no uncertain tax positions that would be subject to change upon examination. The federal and state income tax returns of lake agassiz housing corporation are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 413 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0270055
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0273580
IRS990/AccountsReceivableGrp/BOYAmt0135350
IRS990/AccountsReceivableGrp/EOYAmt0160850
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE COMMUNITY DEVELOPMENT BY DEVELOPING SENIOR CONGREGATE LIVING FACILITIES AND OTHER HOUSING NEEDS TO MAINTAIN ECOMOMIC VITALITY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07012351197
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0417 MAIN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058103
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt042524
IRS990/CashNonInterestBearingGrp/EOYAmt053029
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0717
IRS990/CYOtherExpensesAmt0499397
IRS990/CYOtherRevenueAmt02987
IRS990/CYProgramServiceRevenueAmt0525072
IRS990/CYRevenuesLessExpensesAmt029379
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0499397
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0528776
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0127430
IRS990/DepreciationDepletionGrp/TotalAmt0127430
IRS990/Desc0PLANNING AND DEVELOPING SENIOR CONGREGATE LIVING FACILITIES AND OTHER HOUSING NEEDS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0100218
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0129597
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0499397
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02250
IRS990/FeesForServicesAccountingGrp/TotalAmt02250
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415992
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt55906
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT WURL
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY JACOBSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA ROTVOLD
IRS990/Form990PartVIISectionAGrp/PersonNm3RICK MAIRS
IRS990/Form990PartVIISectionAGrp/PersonNm4DONALD LITCH
IRS990/Form990PartVIISectionAGrp/PersonNm5AMBER METZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt486115
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt542646
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0528776
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt033835
IRS990/InsuranceGrp/TotalAmt033835
IRS990/InterestGrp/ProgramServicesAmt066901
IRS990/InterestGrp/TotalAmt066901
IRS990/InvestmentIncomeGrp/ExclusionAmt0717
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0717
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02870903
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02411928
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02299992
IRS990/LandBldgEquipCostOrOtherBssAmt05170895
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LAHC'S MISSION IS TO ADDRESS HOUSING NEEDS IN THE SERVICE AREA. THE NORTH DAKOTA COUNTIES OF CASS, RANSOM, RICHLAND, SARGENT, STEELE AND TRAILL ARE THE PRIMARY SERVICE AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02310501
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02170019
IRS990/NetAssetsOrFundBalancesBOYAmt0100218
IRS990/NetAssetsOrFundBalancesEOYAmt0129597
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0147266
IRS990/OccupancyGrp/TotalAmt0147266
IRS990/OfficeExpensesGrp/ProgramServicesAmt02500
IRS990/OfficeExpensesGrp/TotalAmt02500
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3JANITORIAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt099770
IRS990/OtherExpensesGrp/ProgramServicesAmt113755
IRS990/OtherExpensesGrp/ProgramServicesAmt23204
IRS990/OtherExpensesGrp/ProgramServicesAmt31870
IRS990/OtherExpensesGrp/TotalAmt099770
IRS990/OtherExpensesGrp/TotalAmt113755
IRS990/OtherExpensesGrp/TotalAmt23204
IRS990/OtherExpensesGrp/TotalAmt31870
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02987
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02987
IRS990/OtherRevenueTotalAmt02987
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DONALD LITCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0525072
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0525072
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0195
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01016
IRS990/PYOtherExpensesAmt0524271
IRS990/PYOtherRevenueAmt02236
IRS990/PYProgramServiceRevenueAmt0535335
IRS990/PYRevenuesLessExpensesAmt014511
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0524271
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0538782
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt029379
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0528059
IRS990/SavingsAndTempCashInvstGrp/BOYAmt090972
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059325
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0195
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0195
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0717
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01532
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0149
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0525072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0535335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0518631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0465371
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0445722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02490131
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0717
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01532
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0149
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05651
IRS990ScheduleA/InvestmentIncomeCYPct00.00230
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99770
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt02490326
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0525072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0535530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0518631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0465371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0445722
IRS990ScheduleA/Total509Grp/TotalAmt02490326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0525789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0536546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0520163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0467608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0445871
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02495977
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02114535
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02672514
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04787049
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0198389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0198389
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0185457
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0185457
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE OPINION OF MANAGEMENT THAT LAKE AGASSIZ HOUSING CORPORATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL AND STATE INCOME TAX RETURNS OF LAKE AGASSIZ HOUSING CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02299992
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BESIDES THE BOARD OF DIRECTORS, LAKE AGASSIZ HOUSING CORP DOES NOT HAVE OTHER COMMITTEES WITH AUTHORITY OVER THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AND APPROVED AT THE BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS PERIODICALLY REMINDED OF THE CONFLICT OF INTEREST POLICY AND OF THE IMPORTANCE TO ADHERE TO IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD APPROVES COMPENSATION AT RATES OF 3-5% ANNUALLY, IF FEASIBLE. WHEN AVAILABLE MEMBERSHIP ORGANIZATIONS SUCH AS NADCO AND BANK COMPENSATION SURVEYS ARE CONSULTED AND PRESENTED WITH COMPENSATION PLANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0450404558
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SHARE OFFICE FACILITIES AND STAFF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0417 MAIN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FARGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd058103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02680774
IRS990/TotalAssetsEOYAmt02573196
IRS990/TotalAssetsGrp/BOYAmt02680774
IRS990/TotalAssetsGrp/EOYAmt02573196
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0499397
IRS990/TotalFunctionalExpensesGrp/TotalAmt0499397
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02580556
IRS990/TotalLiabilitiesEOYAmt02443599
IRS990/TotalLiabilitiesGrp/BOYAmt02580556
IRS990/TotalLiabilitiesGrp/EOYAmt02443599
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0100218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0129597
IRS990/TotalOtherCompensationAmt021898
IRS990/TotalProgramServiceExpensesAmt0499397
IRS990/TotalProgramServiceRevenueAmt0525072
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0717
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0528059
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0528776
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02680774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02573196
IRS990/TotReportableCompRltdOrgAmt0128761
IRS990/TravelGrp/ProgramServicesAmt0616
IRS990/TravelGrp/TotalAmt0616
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0417 MAIN AVENUE
IRS990/USAddress/CityNm0FARGO
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058103
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.LAKEAGASSIZ.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD LITCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07012351197
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE AGASSIZ HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0450458458
ReturnHeader/Filer/PhoneNum07012351197
ReturnHeader/Filer/USAddress/AddressLine1Txt0417 MAIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0FARGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058103
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450310328

Document Assets

No mirrored PDF or thumbnail assets are attached yet.