Civic Intelligence

Affordable Housing Solutions Inc.

990 • Fiscal year 2017 • EIN 46-0348562

Oct 01, 2016 to Sep 30, 2017 • Filed on May 14, 2018

Organization ProfileWWW.A-H-S.ORG
630 S Minnesota AveSioux Falls, SD 57104

(605) 332-0704

Siviq Scores

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

Liabilities / Assets

88th percentile

0.86x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

11.13x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

12th percentile

-20%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-13%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$6,266,061

Up $866,588 (+16%) from 2016

Net Assets

Down

$862,448

Down $96,356 (-10%) from 2016

Liabilities

Up

$5,403,613

Up $962,944 (+22%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin12th percentile

Revenue

Down

$485,339

Down $70,902 (-13%) from 2016

Expenses

Down

$581,695

Down $59,402 (-9.3%) from 2016

Net Income

Down

-$96,356

Down $11,500 (-14%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $2,253,677Liabilities 2010: $1,097,073Net Assets 2010: $1,156,6042010Assets 2011: $2,154,860Liabilities 2011: $1,299,510Net Assets 2011: $855,3502011Assets 2012: $2,164,441Liabilities 2012: $1,350,167Net Assets 2012: $814,2742012Assets 2013: $2,530,535Liabilities 2013: $1,737,514Net Assets 2013: $793,0212013Assets 2014: $4,206,288Liabilities 2014: $3,294,257Net Assets 2014: $912,0312014Assets 2015: $4,355,508Liabilities 2015: $3,311,848Net Assets 2015: $1,043,6602015Assets 2016: $5,399,473Liabilities 2016: $4,440,669Net Assets 2016: $958,8042016Assets 2017: $6,266,061Liabilities 2017: $5,403,613Net Assets 2017: $862,4482017Assets 2018: $6,909,383Liabilities 2018: $6,204,806Net Assets 2018: $704,5772018Assets 2019: $7,767,544Liabilities 2019: $7,049,492Net Assets 2019: $718,0522019Assets 2020: $7,010,324Liabilities 2020: $6,398,706Net Assets 2020: $611,6182020Assets 2021: $4,382,029Liabilities 2021: $3,793,024Net Assets 2021: $589,0052021Assets 2022: $4,833,265Liabilities 2022: $4,370,261Net Assets 2022: $463,0042022Assets 2023: $6,153,266Liabilities 2023: $5,950,152Net Assets 2023: $203,1142023Assets 2024: $7,868,115Liabilities 2024: $8,137,092Net Assets 2024: -$268,9772024

Highlighted filing

2017

Assets$6,266,061
Liabilities$5,403,613
Net Assets$862,448
Open 2017 Filing

Operations Trend

Revenue Growth16th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $123,9152010Expenses 2011: $227,2942011Revenue 2012: $201,707Expenses 2012: $242,783Net Income 2012: -$41,0762012Expenses 2013: $273,2912013Revenue 2014: $405,756Expenses 2014: $286,746Net Income 2014: $119,0102014Revenue 2015: $711,287Expenses 2015: $579,658Net Income 2015: $131,6292015Revenue 2016: $556,241Expenses 2016: $641,097Net Income 2016: -$84,8562016Revenue 2017: $485,339Expenses 2017: $581,695Net Income 2017: -$96,3562017Revenue 2018: $458,047Expenses 2018: $615,918Net Income 2018: -$157,8712018Revenue 2019: $753,595Expenses 2019: $740,120Net Income 2019: $13,4752019Revenue 2020: $597,712Expenses 2020: $704,146Net Income 2020: -$106,4342020Revenue 2021: $640,267Expenses 2021: $662,905Net Income 2021: -$22,6382021Revenue 2022: $509,324Expenses 2022: $635,346Net Income 2022: -$126,0222022Revenue 2023: $358,725Expenses 2023: $618,648Net Income 2023: -$259,9232023Revenue 2024: $138,771Expenses 2024: $610,891Net Income 2024: -$472,1202024

Highlighted filing

2017

Revenue$485,339
Expenses$581,695
Net Income-$96,356
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$485,339
Mission and Program Overview

Mission

To improve the quality of life for the sioux falls community and its lower income residents by providing affordable, decent, safe and nondiscriminatory housing opportunities that further self-sufficiency and/or independent living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,157,789$4,683,977▲ $1,526,188
Savings and Temporary Cash Investments$642,259$685,958▲ $43,699
Other Notes and Loans Receivable, Net$41,904$29,903▼ $12,001
Intangible Assets-$10,688-
Prepaid Expenses and Deferred Charges$7,045$9,825▲ $2,780
Accounts Receivable$4,242$5,873▲ $1,631
Total Assets$5,399,473$6,266,061▲ $866,588
Other Assets Total$1,546,234$839,837▼ $706,397
Liabilities
Other Liabilities$4,187,897$5,258,730▲ $1,070,833
Accounts Payable and Accrued Expenses$251,072$137,398▼ $113,674
Deferred Revenue$1,700$7,485▲ $5,785
Total Liabilities$4,440,669$5,403,613▲ $962,944
Net Assets / Fund Balance
Unrestricted Net Assets$828,856$778,437▼ $50,419
Temporarily Rstr Net Assets$129,948$84,011▼ $45,937
Total Net Assets Fund Balance$958,804$862,448▼ $96,356
Total Liabilities and Net Assets / Fund Balance$5,399,473$6,266,061▲ $866,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,003,974$1,046,554$5,050,528
Land$558,398-$558,398
Other Land Buildings$121,605-$121,605
Other Assets Org$25,331--
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Keith W ThompsonPresident
Corey KoppVice-president
Karl FulmerExecutive Director
Brian JansMember
Carrie EnszMember
David KingMember
Jamie ManningMember
Jamie SmithMember
Ruth ChristophersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,525
Program Service Revenue
$482,685
Investment Income
$1,129
Other Revenue
$0
All Other Contributions
$1,525
Change in Net Assets
$-96,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$485,339
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$485,339
Total Revenue per Form 990
$485,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$494,874
Salaries, Compensation, and Employee Benefits$86,821
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$149,749--$149,749
Occupancy$76,453--$76,453
Fees for Services Management$76,041--$76,041
Other Salaries and Wages-$75,477-$75,477
Office Expenses$17,263$6,274-$23,537
Insurance$15,086$1,615-$16,701
Fees for Services Accounting$7,176$3,120-$10,296
Interest$8,890--$8,890
Payroll Taxes-$5,793-$5,793
Travel-$4,997-$4,997
Pension Plan Contributions-$4,924-$4,924
Fees for Services Legal$2,245$2,607-$4,852
All Other Expenses$335$3,977-$4,312
Other Expenses$3,375$3,943-$3,375
Conferences and Meetings$1,009$336-$1,345
Advertising$1,229--$1,229
Information Technology$971--$971
Other Employee Benefits-$627-$627
Total Functional Expenses$465,298$116,397$0$581,695

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$581,695
Total Expenses per Audited Statements$581,695
Total Expenses per Form 990$581,695
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
Long Term Debt$3,529,359
Line of Credit$857,598
Due to Other Government$776,355
Current Portion of Notes Payable$43,792
Other Current Liabilities$37,954
Security Deposits$13,672
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No

Governance Explanations

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

“The organization did not have any committees with the authority to act on behalf of the board of directors. The entire board of directors is essentially the committee.”

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

“A complete copy of the 990 is distributed to the board of directors after it has been filed. The document is approved by the board of directors. Their approval is documented in the minutes of the meeting.”

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

“The directors disclose at a board meeting whenever there is a conflict of interest on a matter being discussed or acted on at a board meeting. If action is being taken, the director with a conflict of interest will abstain from voting.”

Form 990, Part VI, Section C, Line 19

“Governing documents, financial statements, policies and form 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Affordable Housing Solutions Inc
EIN
46-0348562
Phone
6053320704
Address
630 S MINNESOTA AVE, SIOUX FALLS, SD 57104

Signing Officer

Name
Karl Fulmer
Title
Executive Director
Phone
6053320704
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Fulmer
Formed
1978
Legal Domicile
Sd
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
0

Preparer

Firm
Brady Martz and Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Brian Opsahl
Phone
7017754685
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed its selection process or oversight process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the corporation has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the corporation are subject to examination by the irs, generally for three years after they are filed.”

Raw XML AppendixShowing 400 of 501 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/BOYAmt0251072
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0137398
IRS990/AccountsReceivableGrp/BOYAmt04242
IRS990/AccountsReceivableGrp/EOYAmt05873
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPROVE THE QUALITY OF LIFE FOR THE SIOUX FALLS COMMUNITY AND ITS LOWER INCOME RESIDENTS BY PROVIDING AFFORDABLE, DECENT, SAFE AND NONDISCRIMINATORY HOUSING OPPORTUNITIES THAT FURTHER SELF-SUFFICIENCY AND/OR INDEPENDENT LIVING.
IRS990/AdvertisingGrp/ProgramServicesAmt01229
IRS990/AdvertisingGrp/TotalAmt01229
IRS990/AllOtherContributionsAmt01525
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03977
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0335
IRS990/AllOtherExpensesGrp/TotalAmt04312
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AFFORDABLE HOUSING SOLUTIONS INC
IRS990/BooksInCareOfDetail/PhoneNum06053320704
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0630 S MINNESOTA AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIOUX FALLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057104
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0336
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01009
IRS990/ConferencesMeetingsGrp/TotalAmt01345
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01525
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01129
IRS990/CYOtherExpensesAmt0494874
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0482685
IRS990/CYRevenuesLessExpensesAmt0-96356
IRS990/CYSalariesCompEmpBnftPaidAmt086821
IRS990/CYTotalExpensesAmt0581695
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0485339
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01700
IRS990/DeferredRevenueGrp/EOYAmt07485
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0149749
IRS990/DepreciationDepletionGrp/TotalAmt0149749
IRS990/Desc0PROMOTION AND ADVANCEMENT OF HOUSING PROJECTS AND RELATED FACILITIES FOR THE RESIDENTS OF SIOUX FALLS, SOUTH DAKOTA
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0465298
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03120
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07176
IRS990/FeesForServicesAccountingGrp/TotalAmt010296
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02607
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02245
IRS990/FeesForServicesLegalGrp/TotalAmt04852
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt076041
IRS990/FeesForServicesManagementGrp/TotalAmt076041
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0KEITH W THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm1COREY KOPP
IRS990/Form990PartVIISectionAGrp/PersonNm2RUTH CHRISTOPHERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID KING
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMIE MANNING
IRS990/Form990PartVIISectionAGrp/PersonNm6CARRIE ENSZ
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN JANS
IRS990/Form990PartVIISectionAGrp/PersonNm8KARL FULMER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0485339
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0971
IRS990/InformationTechnologyGrp/TotalAmt0971
IRS990/InsuranceGrp/ManagementAndGeneralAmt01615
IRS990/InsuranceGrp/ProgramServicesAmt015086
IRS990/InsuranceGrp/TotalAmt016701
IRS990/IntangibleAssetsGrp/EOYAmt010688
IRS990/InterestGrp/ProgramServicesAmt08890
IRS990/InterestGrp/TotalAmt08890
IRS990/InvestmentIncomeGrp/ExclusionAmt01129
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01129
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01046554
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03157789
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04683977
IRS990/LandBldgEquipCostOrOtherBssAmt05730531
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE THE QUALITY OF LIFE FOR THE SIOUX FALLS COMMUNITY AND ITS LOWER INCOME RESIDENTS BY PROVIDING AFFORDABLE, DECENT, SAFE AND NONDISCRIMINATORY HOUSING OPPORTUNITIES THAT FURTHER SELF-SUFFICIENCY AND/OR INDEPENDENT LIVING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0958804
IRS990/NetAssetsOrFundBalancesEOYAmt0862448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt076453
IRS990/OccupancyGrp/TotalAmt076453
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06274
IRS990/OfficeExpensesGrp/ProgramServicesAmt017263
IRS990/OfficeExpensesGrp/TotalAmt023537
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01546234
IRS990/OtherAssetsTotalGrp/EOYAmt0839837
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0627
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0627
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CONCESSIONS
IRS990/OtherExpensesGrp/Desc2STAFF TRAINING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13943
IRS990/OtherExpensesGrp/ProgramServicesAmt099179
IRS990/OtherExpensesGrp/ProgramServicesAmt16297
IRS990/OtherExpensesGrp/ProgramServicesAmt23375
IRS990/OtherExpensesGrp/TotalAmt0101886
IRS990/OtherExpensesGrp/TotalAmt16297
IRS990/OtherExpensesGrp/TotalAmt23943
IRS990/OtherExpensesGrp/TotalAmt33375
IRS990/OtherLiabilitiesGrp/BOYAmt04187897
IRS990/OtherLiabilitiesGrp/EOYAmt05258730
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt075477
IRS990/OtherSalariesAndWagesGrp/TotalAmt075477
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt041904
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt029903
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05793
IRS990/PayrollTaxesGrp/TotalAmt05793
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04924
IRS990/PensionPlanContributionsGrp/TotalAmt04924
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07045
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09825
IRS990/PrincipalOfficerNm0KARL FULMER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0332184
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1138550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0332184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1138550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211951
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt072585
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01244
IRS990/PYOtherExpensesAmt0559823
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0482412
IRS990/PYRevenuesLessExpensesAmt0-84856
IRS990/PYSalariesCompEmpBnftPaidAmt081274
IRS990/PYTotalExpensesAmt0641097
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0556241
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-96356
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0482685
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0642259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0685958
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/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0460333222
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0218871
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0218871
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04003974
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01046554
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05050528
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0581695
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0558398
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0558398
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt038151
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1776355
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt225331
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER GOVERNMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ASSETS HELD FOR RESALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN JOINT VENTURE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0121605
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0121605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1776355
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt243792
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33529359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt437954
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5857598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO OTHER GOVERNMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CURRENT PORTION OF NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5LINE OF CREDIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0485339
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE CORPORATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04683977
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0839837
IRS990ScheduleD/TotalExpensesPerForm990Amt0581695
IRS990ScheduleD/TotalLiabilityAmt05258730
IRS990ScheduleD/TotalRevenuePerForm990Amt0485339
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0485339
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0581695
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. THE ENTIRE BOARD OF DIRECTORS IS ESSENTIALLY THE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS AFTER IT HAS BEEN FILED. THE DOCUMENT IS APPROVED BY THE BOARD OF DIRECTORS. THEIR APPROVAL IS DOCUMENTED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS DISCLOSE AT A BOARD MEETING WHENEVER THERE IS A CONFLICT OF INTEREST ON A MATTER BEING DISCUSSED OR ACTED ON AT A BOARD MEETING. IF ACTION IS BEING TAKEN, THE DIRECTOR WITH A CONFLICT OF INTEREST WILL ABSTAIN FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, POLICIES AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED ITS SELECTION PROCESS OR OVERSIGHT PROCESS DURING THE TAX 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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 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/BusinessNameLine1Txt0SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0460333222
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVERNMENT ENTITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE SCHEDULE R PART VII.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0630 S MINNESOTA AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SIOUX FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd057104
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PUBLIC HOUSING AGENCY FORMED TO ADMINISTER RENTAL ASSISTANCE PROGRAMS FOR LOW INCOME.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0PRIMARY ACTIVITY:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,266,061
Liabilities
$5,403,613
Net assets
$862,448
Revenue
$485,339
Expenses
$581,695
Net income
-$96,356
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.87$8.14$0.27$0.14$0.61$0.47
2023Detailed filing. Detailed filing data is available for this year.$6.15$5.95$0.20$0.36$0.62$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$4.37$0.46$0.51$0.64$0.13
2021Detailed filing. Detailed filing data is available for this year.$4.38$3.79$0.59$0.64$0.66$0.02
2020Detailed filing. Detailed filing data is available for this year.$7.01$6.40$0.61$0.60$0.70$0.11
2019Detailed filing. Detailed filing data is available for this year.$7.77$7.05$0.72$0.75$0.74$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.91$6.20$0.70$0.46$0.62$0.16
2017Detailed filing. Detailed filing data is available for this year.$6.27$5.40$0.86$0.49$0.58$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.40$4.44$0.96$0.56$0.64$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.36$3.31$1.04$0.71$0.58$0.13
2014Summary only. Only limited summary data is available for this year.$4.21$3.29$0.91$0.41$0.29$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$1.74$0.79$0.27
2012Summary only. Only limited summary data is available for this year.$2.16$1.35$0.81$0.20$0.24$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$1.30$0.86$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$1.10$1.16$0.12