Haven Housing FY2023 filing

Minneapolis, MNUnknown exempt organizationEIN 41-1396238Revenue $5.9M in FY2023

On file with the IRShavenhousing.org1803 Bryant Avenue North · Minneapolis, MN

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To support women in crisis or transition by providing them with a stable environment and the opportunity to explore options for their future.

82¢ of each $1 spent went to programs.
$198K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 4
filings with a surplus
Average deficit $552K a year · 15% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$198K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $29K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$338K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.9M
+79% vs prior year
Spent
$3.8M
To programs
82%
Net assets
$5.4M
By yearFY2021–FY2025
Revenue
$5.9M
FY2023▲ +79%
Tap a bar for its year
Revenue by fiscal year
FY2021$3.4M
FY2022$3.3M
FY2023$5.9M
FY2024$1.8M
FY2025$20K
Expenses
$3.8M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2021$3.1M
FY2022$3.4M
FY2023$3.8M
FY2024$6.2M
FY2025Not on file
Net assets
$5.4M
FY2023▲ +64%
Tap a bar for its year
Net assets by fiscal year
FY2021$3.7M
FY2022$3.3M
FY2023$5.4M
FY2024$1.0M
FY2025Not on file

From the FY2023 Form 990 (year ending June 2023) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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% · $3.1M Management & general 10% · $360K Fundraising 8% · $317K

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

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Who runs it and what they're paid

17 people listed on the 990; $198K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Exec. Dir. T
$149,911Pt VII · Sec A
$47,925Pt VII · Sec A
Co-Chair Thr
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary Th
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Monica Nilsson—$149,911$139,079$80,318
Emily Seddon$97,427———
Lissa Jones-Lofgren$70,700$47,925——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Provides women in crisis a stable environment to explore future options.

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Provided by the organization

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3 programs · $3.1M · in their own filed words · FY2022
01

ST. Annes place emergency shelter provides private family bedrooms and shared bathrooms, as well as personal care items, clothing, meals and snacks, and basic necessities for up to 16 women-led families and pregnant women each night. Our secured building is staffed 24 hours per day for the safety and security of our guests.

$1.8Mprogram expense
02

Ascension place provides sober transitional housing for up to 32 women and non-binary people. Participants have private bedrooms, shared bathrooms, and 24-HOUR staff support as well as daily meals, snacks, personal care items, clothing, internet service, laundry facilities, and an onsite library, garden, and reflection room.

$1.0Mprogram expense
03

Next step housing provides permanent supportive housing to women and women-led families at our site-based, 12-UNIT, haven housing-owned apartment building in north minneapolis and in scattered-site units throughout hennepin county.

$288Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.9M
Ln 12
Gifts and grantsLn 1h$3.6M
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$220K
Money outPt IX
$3.8M
Ln 25
Programscol B$3.1M
Managementcol C$360K
Fundraisingcol D$317K
Owns and owesPt X
$5.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$5.8M
LiabilitiesLn 26$338K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$2.9M
Noncash giftsLn 1g$95K
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$220K
Other incomeLn 4–11$68K
Gains on assetsLn 7$185K
Total revenueLn 12$5.9M
Assets in detailPt X, end of year
CashLn 1$776K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.9M
Land, buildings, equipmentLn 10c$3.7M
Other assetsLn 15$83K
Total assetsLn 16$5.8M
LiabilitiesLn 26$338K
Net assetsLn 32$5.4M
OperationsPt I, VI
EmployeesI 5111
VolunteersI 6106
Fiscal year endsHeaderJune
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 FY23End FY23
Cash and savingsLn 1–2$1.5M$1.9M
Land, buildings, equipmentLn 10c$1.8M$3.7M
Total assetsLn 16$3.7M$5.8M
LiabilitiesLn 26$365K$338K
Net assetsLn 32$3.3M$5.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$229K$110K$83K$35K
Other salaries and wagesLn 7$1.6M$1.5M$29K$143K
Pension plan contributionsLn 8$78K$69K$1K$7K
Other employee benefitsLn 9$136K$122K$2K$12K
Payroll taxesLn 10$130K$114K$3K$13K
Legal feesLn 11b$22K$22K
Accounting feesLn 11c$83K$83K
Investment management feesLn 11f$11K$11K
Other fees for servicesLn 11g$298K$188K$105K$5K
Office expensesLn 13$68K$62K$1K$4K
Information technologyLn 14$44K$33K$317$10K
OccupancyLn 16$100K$100K$2
TravelLn 17$23K$22K$74$217
Depreciation, depletion and amortizationLn 22$182K$182K
InsuranceLn 23$52K$49K$2K$888
Other expenses (24a–d)Ln 24$598K$516K$44$81K
All other expensesLn 24e$72K$51K$18K$3K
Total functional expensesLn 25$3.8M$3.1M$360K$317K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $20K 990 PDF
FY2024 $1.8M$6.2M−$4.4M$1.0M 990 PDF
FY2023 Viewing $5.9M$3.8M$2.1M$5.4M 990 PDF
FY2022 $3.3M$3.4M−$154K$3.3M 990 PDF
FY2021 $3.4M$3.1M$242K$3.7M 990 PDF

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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 $5,864,077 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,363,765$3,596,780
I-9 Program service revenuePrior year $1,875,587$1,979,797
I-10 Investment incomePrior year $32,768$219,618
I-11 Other revenuePrior year $3,529$67,882
I-12 Total revenuePrior year $3,275,649$5,864,077
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,454,347$2,206,580
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $975,274$1,550,913
I-18 Total expensesPrior year $3,429,621$3,757,493
I-19 Revenue less expensesPrior year −$153,972$2,106,584
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,864,077 across 9 lines filed
VIII-1e Government grants$2,856,634
VIII-1f All other contributions, gifts and grants$740,146
VIII-1g Noncash contributions (included above)$94,618
VIII-1h Total contributions, gifts and grants$3,596,780
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,979,797$1,979,797
VIII-3 Investment incomeExcluded from tax $34,682$34,682
VIII-7 Net gain or loss on sales of assetsRelated to mission $184,936$184,936
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $67,882$67,882
VIII-12 Total revenueRelated to mission $2,164,733 · Excluded from tax $102,564$5,864,077
Part IX · Statement of functional expenses $3,757,493 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $110,460 · Management $83,240 · Fundraising $34,901$228,601
IX-7 Other salaries and wagesPrograms $1,461,123 · Management $28,656 · Fundraising $143,205$1,632,984
IX-8 Pension plan contributionsPrograms $69,365 · Management $1,334 · Fundraising $7,402$78,101
IX-9 Other employee benefitsPrograms $122,001 · Management $2,141 · Fundraising $12,342$136,484
IX-10 Payroll taxesPrograms $113,529 · Management $3,417 · Fundraising $13,464$130,410
IX-11b Legal feesManagement $21,874$21,874
IX-11c Accounting feesManagement $82,565$82,565
IX-11f Investment management feesManagement $10,651$10,651
IX-11g Other fees for servicesPrograms $188,122 · Management $104,586 · Fundraising $5,304$298,012
IX-13 Office expensesPrograms $62,265 · Management $1,001 · Fundraising $4,344$67,610
IX-14 Information technologyPrograms $33,034 · Management $317 · Fundraising $10,491$43,842
IX-16 OccupancyPrograms $99,885 · Management $2$99,887
IX-17 TravelPrograms $22,462 · Management $74 · Fundraising $217$22,753
IX-22 Depreciation, depletion and amortizationPrograms $181,960$181,960
IX-23 InsurancePrograms $49,411 · Management $2,052 · Fundraising $888$52,351
IX-24 Other expenses (24a–d)Programs $516,016 · Management $44 · Fundraising $81,441$597,501
IX-24e All other expensesPrograms $50,908 · Management $17,628 · Fundraising $3,371$71,907
IX-25 Total functional expensesPrograms $3,080,541 · Management $359,582 · Fundraising $317,370$3,757,493
Part X · Balance sheet $5,755,786 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $309,030$775,819
X-2 Savings and temporary cash investmentsStart of year $1,230,058$1,100,021
X-4 Accounts receivableStart of year $109,170$90,195
X-9 Prepaid expenses and deferred chargesStart of year $24,059$20,528
X-10c Land, buildings and equipment, netStart of year $1,790,002$3,686,155
X-15 Other assetsStart of year $69,485$83,068
X-16 Total assetsStart of year $3,666,127$5,755,786
X-17 Accounts payable and accrued expensesStart of year $154,228$124,605
X-25 Other liabilitiesStart of year $8,716$11,525
X-26 Total liabilitiesStart of year $364,944$338,130
X-27 Net assets without donor restrictionsStart of year $3,113,283$5,369,430
X-28 Net assets with donor restrictionsStart of year $187,900$48,226
X-32 Total net assets or fund balancesStart of year $3,301,183$5,417,656
X-33 Total liabilities and net assetsStart of year $3,666,127$5,755,786
Part XI · Reconciliation of net assets $5,417,656 net assets at year end
XI-1 Total revenue$5,864,077
XI-2 Total expenses$3,757,493
XI-3 Revenue less expenses$2,106,584
XI-4 Net assets at start of year$3,301,183
XI-5 Net unrealized gains (losses) on investments$9,889
XI-10 Net assets at end of year$5,417,656

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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