Civic Intelligence

Affordable Housing Solutions Inc.

990 • Fiscal year 2020 • EIN 46-0348562

Oct 01, 2019 to Sep 30, 2020 • Filed on Jun 21, 2021

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

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

10.71x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

7th percentile

-9.7%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-21%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$7,010,324

Down $757,220 (-9.7%) from 2019

Net Assets

Down

$611,618

Down $106,434 (-15%) from 2019

Liabilities

Down

$6,398,706

Down $650,786 (-9.2%) from 2019

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin15th percentile

Revenue

Down

$597,712

Down $155,883 (-21%) from 2019

Expenses

Down

$704,146

Down $35,974 (-4.9%) from 2019

Net Income

Down

-$106,434

Down $119,909 (-890%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2020

Assets$7,010,324
Liabilities$6,398,706
Net Assets$611,618
Open 2020 Filing

Operations Trend

Revenue Growth19th 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

2020

Revenue$597,712
Expenses$704,146
Net Income-$106,434
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jun 21, 2021
Return Version
2019v5.2
Gross Receipts
$597,712
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$3,148,104$3,035,872▼ $112,232
Savings and Temporary Cash Investments$579,598$532,709▼ $46,889
Accounts Receivable$36,891$29,226▼ $7,665
Other Notes and Loans Receivable, Net$21,903$21,903→ $0
Prepaid Expenses and Deferred Charges$7,131$9,614▲ $2,483
Total Assets$7,767,544$7,010,324▼ $757,220
Other Assets Total$3,973,917$3,381,000▼ $592,917
Liabilities
Other Liabilities$7,014,021$6,172,820▼ $841,201
Accounts Payable and Accrued Expenses$30,956$225,276▲ $194,320
Deferred Revenue$4,515$610▼ $3,905
Total Liabilities$7,049,492$6,398,706▼ $650,786
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$671,644$512,138▼ $159,506
Net Assets With Donor Restrictions$46,408$99,480▲ $53,072
Total Net Assets Fund Balance$718,052$611,618▼ $106,434
Total Liabilities and Net Assets / Fund Balance$7,767,544$7,010,324▼ $757,220

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,624,867$658,251$3,283,118
Land$401,750-$401,750
Other Land Buildings$9,255$115,675$124,930
Other Assets Org$25,331--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Keith W ThompsonPresident
Brian JansVice President
Karl FulmerExecutive Director
Carrie EnszMember
David KingMember
Jamie SmithMember
Jeremy KecklerMember
Michelle LisackMember
Mike HauckMember
Ruth ChristophersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$597,051
Investment Income
$661
Other Revenue
$0
Change in Net Assets
$-106,434

Audited Revenue Reconciliation

Revenue per Audited Statements
$597,712
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$597,712
Total Revenue per Form 990
$597,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$588,175
Salaries, Compensation, and Employee Benefits$115,971
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$115,018--$115,018
Other Salaries and Wages-$90,840-$90,840
Fees for Services Management$84,543--$84,543
Occupancy$64,250--$64,250
Interest$52,468--$52,468
Insurance$17,552$2,803-$20,355
Office Expenses$10,505$6,043-$16,548
Other Employee Benefits-$16,408-$16,408
Fees for Services Accounting$7,674$3,609-$11,283
Payroll Taxes-$6,534-$6,534
Advertising$5,952--$5,952
Fees for Services Legal$5,660--$5,660
Pension Plan Contributions-$2,189-$2,189
Other Expenses$1,210$895-$1,210
Information Technology$1,129--$1,129
All Other Expenses-$761-$761
Conferences and Meetings$451$150-$601
Travel-$122-$122
Total Functional Expenses$549,063$155,083$0$704,146

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$704,146
Total Expenses per Audited Statements$704,146
Total Expenses per Form 990$704,146
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$3,102,263
Due to Other Government$1,884,806
Line of Credit$824,764
Current Portion of Notes Payable$316,856
Other Current Liabilities$34,081
Security Deposits$10,050
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
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
2021-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Fulmer
Formed
1978
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
0

Preparer

Firm
Brady Martz & 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.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016408
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016408
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONCESSIONS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1895
IRS990/OtherExpensesGrp/ProgramServicesAmt0105160
IRS990/OtherExpensesGrp/ProgramServicesAmt171486
IRS990/OtherExpensesGrp/ProgramServicesAmt26005
IRS990/OtherExpensesGrp/ProgramServicesAmt31210
IRS990/OtherExpensesGrp/TotalAmt0129889
IRS990/OtherExpensesGrp/TotalAmt172381
IRS990/OtherExpensesGrp/TotalAmt26005
IRS990/OtherExpensesGrp/TotalAmt31210
IRS990/OtherLiabilitiesGrp/BOYAmt07014021
IRS990/OtherLiabilitiesGrp/EOYAmt06172820
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt090840
IRS990/OtherSalariesAndWagesGrp/TotalAmt090840
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt021903
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021903
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06534
IRS990/PayrollTaxesGrp/TotalAmt06534
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02189
IRS990/PensionPlanContributionsGrp/TotalAmt02189
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07131
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09614
IRS990/PrincipalOfficerNm0KARL FULMER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0318794
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162407
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2115850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0318794
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2115850
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01205
IRS990/PYOtherExpensesAmt0626977
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0752390
IRS990/PYRevenuesLessExpensesAmt013475
IRS990/PYSalariesCompEmpBnftPaidAmt0113143
IRS990/PYTotalExpensesAmt0740120
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0753595
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-106434
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0597051
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0579598
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0532709
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/SupportAmt0189630
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0189630
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02624867
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0658251
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03283118
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0704146
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0401750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0401750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0225341
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13130328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt225331
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER GOVERNMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ASSETS HELD FOR RESALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN JOINT VENTURE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09255
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0115675
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11884806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2316856
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33102263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt434081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5824764
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/RevenueSubtotalAmt0597712
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/TotalBookValueLandBuildingsAmt03035872
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03381000
IRS990ScheduleD/TotalExpensesPerForm990Amt0704146
IRS990ScheduleD/TotalLiabilityAmt06172820
IRS990ScheduleD/TotalRevenuePerForm990Amt0597712
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0597712
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0704146
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

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,010,324
Liabilities
$6,398,706
Net assets
$611,618
Revenue
$597,712
Expenses
$704,146
Net income
-$106,434
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