Millennium-Cudahy INC

Tax-deductible

Rockford, IL501(c)(3)HousingEIN 39-2036326

This page gets seen. Tell your story. Claim this org.

To own and operate nicholson square apartments located in Cudahy, WI, for low-income elderly persons.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $9K a year · 7% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$15K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$168K
-2% vs prior year
Spent
$205K
To programs
68%
Net assets
$653K
By yearFY2021–FY2025
Revenue
$168K
FY2025▼ -2%
Revenue by fiscal year
FY2021$104K
FY2022$123K
FY2023$138K
FY2024$171K
FY2025$168K
Expenses
$205K
FY2025▲ +42%
Expenses by fiscal year
FY2021$118K
FY2022$132K
FY2023$149K
FY2024$144K
FY2025$205K
Net assets
$653K
FY2025▼ -5%
Net assets by fiscal year
FY2021$679K
FY2022$669K
FY2023$658K
FY2024$685K
FY2025$653K

From the FY2025 Form 990 (year ending September 2025) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $140K Management & general 32% · $65K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director/VP/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
See Millennium-Cudahy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable housing for low-income seniors.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $140K · in their own filed words · FY2024
01

To provide housing for low-income elderly persons in an apartment complex consisting of 12 apartment units located in cudahy, wisconsin, and regulated under hud section 202.

$140Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$168K
Ln 12
Gifts and grantsLn 1h$117K
Fees for servicesLn 2g$46K
Other incomeLn 4–11$5K
Money outPt IX
$205K
Ln 25
Programscol B$140K
Managementcol C$65K
Owns and owesPt X
$653K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$669K
LiabilitiesLn 26$15K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Government grantsLn 1e$87K
Fees for servicesLn 2g$46K
Investment incomeLn 3$9
Other incomeLn 4–11$5K
Total revenueLn 12$168K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Land, buildings, equipmentLn 10c$632K
Other assetsLn 15$19K
Total assetsLn 16$669K
LiabilitiesLn 26$15K
Net assetsLn 32$653K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3K$2K
Land, buildings, equipmentLn 10c$656K$632K
Total assetsLn 16$703K$669K
LiabilitiesLn 26$18K$15K
Net assetsLn 32$685K$653K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$14K$14K
Accounting feesLn 11c$4K$4K
Office expensesLn 13$3K$51$3K
OccupancyLn 16$96K$96K
Depreciation, depletion and amortizationLn 22$32K$32K
Other expenses (24a–d)Ln 24$56K$12K$44K
Total functional expensesLn 25$205K$140K$65K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $168K$205K−$37K$653K 990 PDF
FY2024 $171K$144K$27K$685K 990 PDF
FY2023 $138K$149K−$11K$658K 990 PDF
FY2022 $123K$132K−$10K$669K 990 PDF
FY2021 $104K$118K−$14K$679K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $167,750 across 7 lines filed
VIII-1d Related organizations$30,000
VIII-1e Government grants$86,868
VIII-1h Total contributions, gifts and grants$116,868
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $46,122$46,122
VIII-3 Investment incomeExcluded from tax $9$9
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,751$4,751
VIII-12 Total revenueRelated to mission $46,122 · Unrelated business $0 · Excluded from tax $4,760$167,750
Part IX · Statement of functional expenses $205,137 across 6 lines filed
IX-11a Management feesManagement $13,936$13,936
IX-11c Accounting feesManagement $4,438$4,438
IX-13 Office expensesPrograms $51 · Management $2,578$2,629
IX-16 OccupancyPrograms $95,813$95,813
IX-22 Depreciation, depletion and amortizationPrograms $32,138$32,138
IX-24 Other expenses (24a–d)Programs $12,185 · Management $43,998$56,183
IX-25 Total functional expensesPrograms $140,187 · Management $64,950 · Fundraising $0$205,137
Part X · Balance sheet $668,705 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,285$1,600
X-4 Accounts receivableStart of year $7,867$6,730
X-9 Prepaid expenses and deferred chargesStart of year $7,676$9,517
X-10c Land, buildings and equipment, netStart of year $655,636$632,159
X-15 Other assetsStart of year $28,735$18,699
X-16 Total assetsStart of year $703,199$668,705
X-17 Accounts payable and accrued expensesStart of year $14,674$10,638
X-19 Deferred revenue$490
X-25 Other liabilitiesStart of year $3,605$4,134
X-26 Total liabilitiesStart of year $18,279$15,262
X-27 Net assets without donor restrictionsStart of year $684,920$653,443
X-32 Total net assets or fund balancesStart of year $684,920$653,443
X-33 Total liabilities and net assetsStart of year $703,199$668,705
Part XI · Reconciliation of net assets $653,443 net assets at year end
XI-1 Total revenue$167,750
XI-2 Total expenses$205,137
XI-3 Revenue less expenses−$37,387
XI-4 Net assets at start of year$684,920
XI-8 Prior period adjustments$5,910
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$653,443

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.