Community Housing INC FY2023 filing

Not tax-deductible

Montevideo, MN501(c)(4)EIN 41-1237119Revenue $125K in FY2023

On file with the IRS540 S 1st St, 56265-2104 · Montevideo, MNTax-exempt since Sep 1981

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

Low income Housing

82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 6
filings with a surplus
Average surplus $5K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$18K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$125K
+0.4% vs prior year
Spent
$126K
To programs
82%
Net assets
$96K
By yearFY2020–FY2025
Revenue
$125K
FY2023+0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$102K
FY2021$108K
FY2022$125K
FY2023$125K
FY2024$144K
FY2025$154K
Expenses
$126K
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$98K
FY2021$103K
FY2022$129K
FY2023$126K
FY2024$133K
FY2025$136K
Net assets
$96K
FY2023▼ -0.8%
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$101K
FY2022$97K
FY2023$96K
FY2024$107K
FY2025$125K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1981.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $103K Management & general 18% · $23K

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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Community Housing 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

Community Housing INC is a membership association based in Montevideo, MN.

Questions for Community Housing INC

Tap to ask. Community Housing INC sees how many people are interested.

Your first name shows with your question. Community Housing INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $103K · in their own filed words · FY2023
01

Provide rental housing for people in the low incomerange - 24 apartments

$103Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$125K
Ln 12
Fees for servicesLn 2g$117K
Other incomeLn 4–11$8K
Investment incomeLn 3$23
Money outPt IX
$126K
Ln 25
Programscol B$103K
Managementcol C$23K
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$114K
LiabilitiesLn 26$18K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$117K
Investment incomeLn 3$23
Other incomeLn 4–11$8K
Total revenueLn 12$125K
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$13K
Cash and savings togetherLn 1–2$14K
Land, buildings, equipmentLn 10c$96K
Total assetsLn 16$114K
LiabilitiesLn 26$18K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$16K$14K
Land, buildings, equipmentLn 10c$102K$96K
Total assetsLn 16$123K$114K
LiabilitiesLn 26$25K$18K
Net assetsLn 32$97K$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$16K$11K$5K
Management feesLn 11a$17K$17K
Accounting feesLn 11c$480$480
Advertising and promotionLn 12$840$840
Office expensesLn 13$447$409$38
OccupancyLn 16$41K$41K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$28K$28K
Total functional expensesLn 25$126K$103K$23K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $154K$136K$18K$125K 990 PDF
FY2024 $144K$133K$11K$107K 990 PDF
FY2023 Viewing $125K$126K−$810$96K 990 PDF
FY2022 $125K$129K−$4K$97K 990 PDF
FY2021 $108K$103K$5K$101K 990 PDF
FY2020 $102K$98K$4K$96K 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 FY2023 990 (6 parts)
Part I · Summary $125,071 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $124,201$117,351
I-10 Investment incomePrior year $97$23
I-11 Other revenuePrior year $294$7,697
I-12 Total revenuePrior year $124,592$125,071
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $19,166$15,983
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $109,812$109,898
I-18 Total expensesPrior year $128,978$125,881
I-19 Revenue less expensesPrior year −$4,386−$810
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $125,071 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $117,351$117,351
VIII-3 Investment incomeRelated to mission $23$23
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,697$7,697
VIII-12 Total revenueRelated to mission $125,071 · Unrelated business $0 · Excluded from tax $0$125,071
Part IX · Statement of functional expenses $125,881 across 10 lines filed
IX-7 Other salaries and wagesPrograms $10,575 · Management $5,408$15,983
IX-11a Management feesManagement $16,700$16,700
IX-11c Accounting feesManagement $480$480
IX-12 Advertising and promotionPrograms $840$840
IX-13 Office expensesPrograms $409 · Management $38$447
IX-16 OccupancyPrograms $40,609$40,609
IX-20 InterestPrograms $2,543$2,543
IX-22 Depreciation, depletion and amortizationPrograms $8,169$8,169
IX-23 InsurancePrograms $12,266$12,266
IX-24 Other expenses (24a–d)Programs $27,844$27,844
IX-25 Total functional expensesPrograms $103,255 · Management $22,626 · Fundraising $0$125,881
Part X · Balance sheet $113,772 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $2,902$1,162
X-2 Savings and temporary cash investmentsStart of year $13,048$13,241
X-4 Accounts receivableStart of year $4,472$2,879
X-10c Land, buildings and equipment, netStart of year $102,091$96,490
X-16 Total assetsStart of year $122,513$113,772
X-17 Accounts payable and accrued expensesStart of year $9,471$3,892
X-25 Other liabilitiesStart of year $10,200$10,880
X-26 Total liabilitiesStart of year $25,467$17,536
X-27 Net assets without donor restrictionsStart of year $97,046$96,236
X-32 Total net assets or fund balancesStart of year $97,046$96,236
X-33 Total liabilities and net assetsStart of year $122,513$113,772
Part XI · Reconciliation of net assets $96,236 net assets at year end
XI-1 Total revenue$125,071
XI-2 Total expenses$125,881
XI-3 Revenue less expenses−$810
XI-4 Net assets at start of year$97,046
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$96,236

Form 990 e-file (XML) FY2023 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

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.