Form 990 for tax year 2023
Filed by CENTER CITY HOUSING CORPORATION.
Totals
- Total revenue
- $16,513,489
- Total expenses
- $12,974,441
- Contributions and grants received
- $8,256,227
- Grants paid
- $392,589
- Program service revenue
- $8,167,507
- Investment income
- $89,755
- Other revenue
- $0
- Total assets, end of year
- $62,257,829
- Total liabilities, end of year
- $58,488,799
- Net assets or fund balances, end of year
- $3,769,030
- Program services expenses (Part IX)
- $12,088,588
- Management and general expenses
- $844,658
- Fundraising expenses
- $41,195
- Program service expenses (Part III)
- $12,088,588
Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$48,791
-
1e · Government grants (contributions)
$3,948,824
-
1f · All other contributions, gifts and grants
$4,258,612
-
1g · Noncash contributions included above
$4,000,000
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $2,891,264 · related or exempt $2,891,264
-
2b · Program service revenue: RESIDENTIAL RENTS
total $2,108,166 · related or exempt $2,108,166
-
2c · Program service revenue: HOUSING ASSISTANCE PMT.
total $1,581,453 · related or exempt $1,581,453
-
2d · Program service revenue: COMMERCIAL RENTS
total $748,206 · related or exempt $748,206
-
2e · Program service revenue: MISC INCOME
total $411,514 · related or exempt $411,514
-
2f · All other program service revenue
total $426,904 · related or exempt $426,904
-
3 · Investment income
total $89,755 · excluded $89,755
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $392,589 · program services $392,589
-
5 · Compensation of officers, directors and key employees
total $435,349 · program services $270,347 · management and general $146,725 · fundraising $18,277
-
7 · Other salaries and wages
total $4,110,198 · program services $3,730,641 · management and general $365,756 · fundraising $13,801
-
9 · Other employee benefits
total $279,817 · program services $253,033 · management and general $25,267 · fundraising $1,517
-
10 · Payroll taxes
total $401,220 · program services $350,216 · management and general $48,005 · fundraising $2,999
-
11b · Fees: legal
total $53,017 · program services $38,178 · management and general $14,839
-
11c · Fees: accounting
total $123,161 · program services $70,851 · management and general $52,310
-
11g · Fees: other
total $323,743 · program services $205,626 · management and general $118,117
-
12 · Advertising and promotion
total $5,507 · program services $5,507
-
13 · Office expenses
total $244,118 · program services $199,936 · management and general $41,584 · fundraising $2,598
-
16 · Occupancy
total $1,062,876 · program services $1,062,876
-
17 · Travel
total $41,285 · program services $35,439 · management and general $5,502 · fundraising $344
-
19 · Conferences, conventions and meetings
total $15,644 · program services $15,644
-
20 · Interest
total $188,951 · program services $188,413 · management and general $506 · fundraising $32
-
22 · Depreciation, depletion and amortization
total $2,018,786 · program services $2,013,768 · management and general $4,723 · fundraising $295
-
23 · Insurance
total $344,653 · program services $336,361 · management and general $7,804 · fundraising $488
-
24a · Other expenses: OPERATING & MAINTENANCE
total $1,388,513 · program services $1,382,387 · management and general $5,766 · fundraising $360
-
24b · Other expenses: FOOD AND OTHER SUPPLIES
total $1,296,278 · program services $1,296,278
-
24c · Other expenses: BAD DEBT EXPENSE
total $114,216 · program services $114,216
-
24d · Other expenses: PROJECT DEVELOPMENT COS
total $70,074 · program services $70,074
-
24e · All other expenses
total $64,446 · program services $56,208 · management and general $7,754 · fundraising $484
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,057,960 · end of year $5,299,619
-
3 · Pledges and grants receivable
beginning of year $1,046,495 · end of year $1,022,341
-
4 · Accounts receivable
beginning of year $1,021,854 · end of year $876,148
-
9 · Prepaid expenses and deferred charges
beginning of year $202,510 · end of year $171,975
-
10a · Land, buildings and equipment: cost or other basis
$67,137,137
-
10b · Land, buildings and equipment: accumulated depreciation
$15,216,836
-
10c · Land, buildings and equipment, net
beginning of year $47,088,445 · end of year $51,920,301
-
13 · Investments: program-related
beginning of year $698,144 · end of year $698,144
-
15 · Other assets
beginning of year $908,338 · end of year $2,269,301
-
17 · Accounts payable and accrued expenses
beginning of year $4,967,174 · end of year $2,098,911
-
19 · Deferred revenue
beginning of year $71,965 · end of year $52,379
-
23 · Secured mortgages and notes payable
beginning of year $48,492,536 · end of year $55,328,064
-
24 · Unsecured notes and loans payable
beginning of year $400,000 · end of year $691,508
-
25 · Other liabilities
beginning of year $397,622 · end of year $317,937
-
27 · Net assets without donor restrictions
beginning of year -$1,008,816 · end of year $2,616,265
-
28 · Net assets with donor restrictions
beginning of year $1,703,265 · end of year $1,152,765
Mission and programs · 2023
Mission
CCHC DEVELOPS, OWNS AND/OR MANAGES QUALITY HOUSING OPPORTUNITIES AND PROVIDES ASSOCIATED SERVICES FOR THOSE MOST IN NEED.
Activities or mission (Part I)
PROVIDE AFFORDABLE HOUSING
-
SUPPORTIVE SERVICES - THIS PROGRAM CONSISTS OF THE SUPPORTIVE SERVICES PROVIDED TO RESIDENTS OF THE SAN MARCO, RIVER CREST, GAGE EAST, HILLSIDE APARTMENTS, GATEWAY, PARK PLACE, GARFIELD, CAHILL, BIRCHWOOD, MAYOWOOD, RIVER HEIGHTS, AND THE VARIOUS FAMILY SUPPORTIVE HOUSING PROJECTS OWNED BY THE CORPORATION, PLUS SILVER CREEK IN ROCHESTER (NOT OWNED BY THE CORPORATION). EXAMPLES OF SUPPORTIVE SERVICES INCLUDE BUT ARE NOT LIMITED TO CASE MANAGEMENT, EDUCATIONAL CLASSES, NUTRITION SERVICES, MEDICAL ASSISTANCE, BUDGETING ASSISTANCE AND SOCIAL SERVICES REFERRALS.
Expenses $5,488,845 · Grants $392,589 · Revenue $2,893,123
-
REAL ESTATE OPERATIONS - THIS PROGRAM INCLUDES THE OPERATIONS OF MULTIFAMILY RESIDENTIAL PROPERTIES. ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO LEASE UP AND LEASING, OPERATIONS BUDGETING DEVELOPMENT AND IMPLEMENTATION, PROPERTY MAINTENANCE AND ASSET MANAGEMENT.
Expenses $6,234,451 · Revenue $5,130,139
-
HOUSING DEVLOPMENT - THIS PROGRAM CONSISTS OF PROJECT FEASIBILITY ANALYSIS, PRE-DEVELOPMENT ACTIVITY AND DEVELOPMENT OF MULTIFAMILY RESIDENTIAL PROPERTIES. ACTIVITITES INCLUDE BUT ARE NOT LIMITED TO NEEDS ANALYSIS, SITE SELECTION AND SITE CONTROL, SCHEMATIC DESIGN, FUNDING IDENTIFICATION, BUDGET/PROFORMA DEVELOPMENT AND FUNDING REQUEST DEVELOPMENT.
Expenses $365,292 · Revenue $144,245
As filed on the 2023 return.
Listed in Part VII
-
MIRANDA PACHECO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KAREN OLESEN
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
PATTY WHELAN
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
JESSICA HEHIR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ARCHIE DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ANDRES GONZALEZ
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
CAMMY HANSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
WADE GORDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NICK MANCINI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER MCEWEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SARAH PRIEST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TOM SIMONSON
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
NANCY CASHMAN
EXECUTIVE DIRECTOR
- Total calculated
- $182,766
- From this org
- $171,389
- From related orgs
- $0
- Other
- $11,377
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,389
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,377
- Filer's total
- $182,766
-
KRISTIN MEYER
OPERATIONS DIRECTOR
- Total calculated
- $127,109
- From this org
- $114,990
- From related orgs
- $0
- Other
- $12,119
- Hours/week
- 40
-
LORI REILLY
REGIONAL HOUSING DIRECTOR
- Total calculated
- $125,474
- From this org
- $101,642
- From related orgs
- $0
- Other
- $23,832
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 5a · Pay contingent on this organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 5
- THE EXCUTIVE DIRECTOR RECEIVES ADDITIONAL COMPENSATION RELATED TO DEVELOPER FEES OR EQUIVALENT FEES EARNED BY THE ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
HILLSIDE APARTMENTS DULUTH LLLP
$110,221
RENTAL OPERATIONS
-
ROCHESTER YOUTH & FAMILIES LLLP
$100,321
RENTAL OPERATIONS
-
RENTAL OPERATIONS
-
$60,658
RENTAL OPERATIONS
-
$53,366
RENTAL OPERATIONS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RIVER CREST OF ST CLOUD CC LLC
AFFORDABLE RENTAL HOUSING · MN · income $510,345 · assets $3,162,809
Directly controlled by CENTER CITY HOUSING CORP
-
1323-1331 (SHEILA'S PLACE) LLC
AFFORDABLE RENTAL HOUSING · MN · income $124,448 · assets $431,155
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $89,528 · assets $265,400
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $92,831 · assets $242,925
Directly controlled by CENTER CITY HOUSING CORP
-
SECOND STREET (TRANSITIONAL HOUSING) LLC
AFFORDABLE RENTAL HOUSING · MN · income $133,563 · assets $696,782
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $460,212 · assets $1,308,878
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $161,161 · assets $980,170
Directly controlled by CENTER CITY HOUSING CORP
-
FRANCIS SKINNER APARTMENTS LLC
AFFORDABLE RENTAL HOUSING · MN · income $288,760 · assets $173,609
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $255,067 · assets $2,577,860
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $274,175 · assets $3,055,272
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $1,027,077 · assets $17,452,978
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $289,443 · assets $2,580,733
Directly controlled by CENTER CITY HOUSING CORP
-
BIRCHWOOD APARTMENTS OF DULUTH DEVELOPER LLC
AFFORDABLE RENTAL HOUSING · MN · income $329,350 · assets $6,494,818
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $409,967 · assets $7,739,297
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $379,188 · assets $10,101,713
Directly controlled by CENTER CITY HOUSING CORP
-
AFFORDABLE RENTAL HOUSING · MN · income $4,310,478 · assets $4,068,670
Directly controlled by CENTER CITY HOUSING CORP
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$179,141 · share of assets $1,115,721 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$10,633 · share of assets $227,358 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
HILLSIDE APARTMENTS DULUTH LLLP
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$20 · share of assets $1,514,705 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$33 · share of assets $346,585 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$83,459 · share of assets -$1,811 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
ROCHESTER YOUTH & FAMILIES LLLP
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$48,943 · share of assets -$150,127 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$8 · share of assets $500,737 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
-
RELATED · RENTAL REAL ESTATE · MN · 0.01% owned · share of income -$43 · share of assets $397,154 · general or managing partner
Directly controlled by CENTER CITY HOUSING CORP
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · AFFORDABLE RENTAL HOUSING · MN · 100% owned · share of income -$43 · share of assets -$1,009
Directly controlled by CENTER CITY HOUSING CORP
-
C · AFFORDABLE RENTAL HOUSING · MN · 100% owned · share of income -$33 · share of assets -$600
Directly controlled by CENTER CITY HOUSING CORP
-
HILLSIDE DEVELOPMENT DULUTH LLC
C · AFFORDABLE RENTAL HOUSING · MN · 100% owned · share of income -$16 · share of assets -$339
Directly controlled by CENTER CITY HOUSING CORP
-
C · AFFORDABLE RENTAL HOUSING · MN · 100% owned · share of income -$49 · share of assets $769,646
Directly controlled by CENTER CITY HOUSING CORP
-
C · AFFORDABLE RENTAL HOUSING · MN · 100% owned · share of income -$8 · share of assets $49,684
Directly controlled by CENTER CITY HOUSING CORP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531609349300843
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