Totals
- Total revenue
- $3,791,978
- Total expenses
- $4,154,428
- Contributions and grants received
- $1,953,744
- Grants paid
- $0
- Program service revenue
- $1,572,754
- Investment income
- -$120,427
- Other revenue
- $385,907
- Total assets, end of year
- $14,312,372
- Total liabilities, end of year
- $8,425,675
- Net assets or fund balances, end of year
- $5,886,697
- Program services expenses (Part IX)
- $3,267,259
- Management and general expenses
- $531,166
- Fundraising expenses
- $356,003
- Program service expenses (Part III)
- $3,267,259
Program services were 78.6% 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.
-
1e · Government grants (contributions)
$125,833
-
1f · All other contributions, gifts and grants
$1,827,911
-
1g · Noncash contributions included above
$102,452
-
2a · Program service revenue: RENTAL INCOME
total $1,455,430 · related or exempt $1,455,430
-
2b · Program service revenue: PROGRAM REVENUE
total $118,756 · related or exempt $118,756
-
2c · Program service revenue: INTEREST INCOME ON LOANS
total $20,460 · related or exempt $20,460
-
2d · Program service revenue: EQUITY EARNINGS IN NORTHSIDE HOME
total -$21,892 · related or exempt -$21,892
-
7a · Gross sales of assets other than inventory
other assets $275,000
-
7b · Less cost or other basis and sales expenses
other assets $395,427
-
7c · Gain or loss
other assets -$120,427
-
7d · Net gain or loss
total -$120,427 · related or exempt -$120,427
-
11a · Other revenue: GAIN ON SALE/DISPOSAL OF BUILDING
total $385,907 · excluded $385,907
-
11e · Other revenue, total
$385,907
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $130,820 · program services $57,561 · management and general $19,623 · fundraising $53,636
-
7 · Other salaries and wages
total $724,079 · program services $331,920 · management and general $210,361 · fundraising $181,798
-
9 · Other employee benefits
total $46,443 · program services $22,906 · management and general $10,410 · fundraising $13,127
-
10 · Payroll taxes
total $97,895 · program services $34,742 · management and general $42,811 · fundraising $20,342
-
11g · Fees: other
total $482,171 · program services $371,674 · management and general $90,547 · fundraising $19,950
-
12 · Advertising and promotion
total $13,321 · program services $3,106 · fundraising $10,215
-
13 · Office expenses
total $3,239 · program services $1,583 · management and general $892 · fundraising $764
-
14 · Information technology
total $291,603 · program services $160,010 · management and general $104,076 · fundraising $27,517
-
17 · Travel
total $9,621 · program services $8,951 · management and general $282 · fundraising $388
-
19 · Conferences, conventions and meetings
total $47,360 · program services $14,474 · management and general $6,825 · fundraising $26,061
-
20 · Interest
total $65,558 · program services $64,382 · management and general $1,176
-
22 · Depreciation, depletion and amortization
total $513,502 · program services $498,962 · management and general $14,540
-
23 · Insurance
total $143,396 · program services $143,396
-
24a · Other expenses: REPAIRS
total $860,364 · program services $860,364
-
24b · Other expenses: UTILITIES
total $368,661 · program services $366,831 · management and general $1,830
-
24c · Other expenses: PROPERTY TAXES
total $179,002 · program services $179,002
-
24d · Other expenses: SUPPLIES
total $137,494 · program services $133,615 · management and general $3,284 · fundraising $595
-
24e · All other expenses
total $39,899 · program services $13,780 · management and general $24,509 · fundraising $1,610
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $267,942 · end of year $873,856
-
2 · Savings and temporary cash investments
beginning of year $956,421 · end of year $457,980
-
3 · Pledges and grants receivable
beginning of year $784,788 · end of year $342,842
-
4 · Accounts receivable
beginning of year $323,293 · end of year $815,167
-
9 · Prepaid expenses and deferred charges
beginning of year $20,280 · end of year $15,740
-
10a · Land, buildings and equipment: cost or other basis
$15,770,279
-
10b · Land, buildings and equipment: accumulated depreciation
$4,828,880
-
10c · Land, buildings and equipment, net
beginning of year $11,334,787 · end of year $10,941,399
-
13 · Investments: program-related
beginning of year $555,728 · end of year $447,489
-
15 · Other assets
beginning of year $634,529 · end of year $417,899
-
17 · Accounts payable and accrued expenses
beginning of year $401,916 · end of year $379,333
-
19 · Deferred revenue
beginning of year $210,000 · end of year $125,750
-
22 · Loans and payables to officers and key people
beginning of year $105,122 · end of year $105,122
-
23 · Secured mortgages and notes payable
beginning of year $7,782,321 · end of year $7,465,301
-
25 · Other liabilities
beginning of year $129,262 · end of year $350,169
-
27 · Net assets without donor restrictions
beginning of year $1,381,275 · end of year $1,473,930
-
28 · Net assets with donor restrictions
beginning of year $4,867,872 · end of year $4,412,767
Mission and programs · 2022
Mission
PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT.
-
REAL ESTATE DEVELOPMENT - ACQUISITION OF HOUSING:URBAN HOMEWORKS HAS CONSTRUCTED, REHABILITATED AND MANAGED SCATTERED, MULTI-UNIT AND SINGLE-FAMILY HOUSING IN DISTRESSED AREAS OF MINNEAPOLIS AND ST. PAUL SINCE 1995. WE ARE UNIQUE IN THE TWIN CITIES IN OUR FOCUS ON SMALLER, MULTI-UNIT RENTAL PROPERTIES. WE HAVE COMMITTED TO THIS APPROACH TO BUILDING HEALTHY NEIGHBORHOODS THROUGH MULTIPLE ACCESS POINTS IN THE HOUSING ECOSYSTEM. REHABILITATION OF HOUSING:OUR MODEL FOR REHABILITATING HOUSING LEVERAGES OUR HOUSING DEVELOPMENT AND CONSTRUCTION PROCESS TO MAXIMIZE THE ECONOMIC AND SOCIAL BENEFIT TO THE COMMUNITIES WE SERVE. RECLAIMING ABANDONED/FORECLOSED PROPERTIES IS A COST-EFFECTIVE APPROACH TO INCREASING THE HOUSING SUPPLY IN THE TWIN CITIES. WE HAVE LOOKED AT OUR REAL ESTATE DEVELOPMENT EFFORTS AND DETERMINED THE INVESTMENT CAN DO MORE THAN JUST ADD MUCH NEEDED HOUSING UNITS; OUR AFFORDABLE HOUSING INVESTMENTS ARE DIRECTLY TIED TO OUR EFFORTS TO TRIGGER BOTH A HOUSING AND ECONOMIC RECOVERY THROUGH PARTNERSHIPS, AND JOB CREATION. THROUGH COLLABORATION, OUR MODEL IS DESIGNED TO EXPAND ECONOMIC OPPORTUNITIES AND THE ECONOMIC IMPACT OF OUR WORK IN THE COMMUNITIES WE SERVE THROUGH LOCALIZED HIRING OF UNDERUTILIZED LOCAL, MINORITY, FEMALE AND SECTION 3 SUBCONTRACTORS AND TRAINEES; JOB CONNECTIONS AND JOB CREATION. THIS COMPONENT OF OUR PROGRAM ENSURES DOLLARS INVESTED IN HOUSING REMAIN IN THE COMMUNITY IN WHICH THEY ARE INTENDED TO BENEFIT - THUS LAYERING THE IMPACT OF THE HOUSING DEVELOPMENT INVESTMENT.
Expenses $221,313 · Revenue -$99,967
-
RENTAL PROGRAMS -OCCUPANCY OF HOUSING:HOUSING - RENTAL PROGRAMMING - OUR RESTORED UNITS ARE WELL-BUILT, MAINTAINED, AFFORDABLE RENTAL OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES PRICED OUT OF MANY TWIN CITIES RENTAL MARKETS. PARTNERSHIPS WITH LOCAL SOCIAL SERVICE ORGANIZATIONS PROVIDE ADDITIONAL SUPPORT BY SERVING AS ADVOCATES FOR THE RESIDENTS AND PROVIDING NECESSARY SOCIAL SERVICES. RESOURCES FROM THESE SOCIAL SERVICE PARTNERS, COMBINED WITH A SUPPORTIVE LANDLORD AND QUALITY, DIGNIFIED HOUSING, WEAVE A WEB OF SUPPORT FOR PROGRAM PARTICIPANTS. THROUGH STABLE, DIGNIFIED RENTAL PROPERTIES, INDIVIDUALS ARE ABLE TO BECOME PART OF THEIR COMMUNITY SUPPORT STRUCTURES, SCHOOLS AND ECONOMIC OPPORTUNITIES.HOUSING - OWNERSHIP PROGRAMMING - PROJECT: RECLAIM PRESERVES EXISTING AFFORDABLE HOUSING BY CAPTURING PROPERTIES THAT HAVE NOT BEEN MAINTAINED AS VIABLE UNITS BY MARKET FORCES, AND RESTORES THEM TO THEIR HIGHEST USE: PERPETUALLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THAT ARE CONTRIBUTING PHYSICAL ASSETS FOR THE NEIGHBORHOOD. PROJECT: RECLAIM MITIGATES THE ECONOMIC AND SOCIAL IMPACT OF UNDERUTILIZED, VACANT AND/OR FORECLOSED SINGLE FAMILY HOMES. PROJECT: RECLAIM HINGES ON A RESPONSIBLE CONTRACT FOR DEED WHICH ALLOWS FAMILIES TO BEGIN LIVING IN THE HOME WHILE THEY PARTICIPATE IN FINANCIAL LITERACY TRAINING CAREFULLY DESIGNED TO PROVIDE THE OPPORTUNITY FOR ADEQUATE CREDIT REPAIR AND DEEP FINANCIAL EDUCATION TIED TO FINANCIAL STABILITY AND HOME OWNERSHIP. COMMUNITY ENGAGEMENT:URBAN HOMEWORKS' APPROACH TO COMMUNITY ENGAGEMENT IS ROOTED IN THE GOAL THAT ALL PROGRAMS WE OPERATE ARE INEXTRICABLY LINKED TO THE AUTHENTIC EXPRESSION OF THE COMMUNITY'S VISION. THROUGH A CONTINUAL FEEDBACK LOOP FROM ACQUISITION THROUGH OCCUPANCY, WE ARE BUILDING A COLLABORATIVE WEB OF DOVETAILED EXPERTISE TO COLLECTIVELY BUILD SUSTAINABLE, EQUITABLE SOLUTIONS ACROSS THE SOCIAL AND ECONOMIC CONTINUUM OF THE TWIN CITIES. ENGAGEMENT WORK HAPPENS ON A RESIDENT LEVEL THROUGH INFORMAL AND FORMAL NETWORKS, NEIGHBORHOOD EVENTS, CONNECTIONS WITH RESOURCES IN THE COMMUNITY, PARTICIPATION IN URBAN HOMEWORKS PLANNING AND WORK, AND MANY OTHER OPPORTUNITIES AS OUR PODS GROW ORGANICALLY AND RESPOND TO REAL-TIME CONDITIONS. POD AREAS ARE DETERMINED BY HAVING BOTH HIGH INSTANCES OF HOUSING INSTABILITY AND A HIGH NEED FOR ENGAGEMENT TO BUILD COMMUNITY NETWORKS. AT URBAN HOMEWORKS, WE BELIEVE THAT PEOPLE POWER CAN TRIUMPH OVER SYSTEMIC OPPRESSION WHEN COMMUNITIES ARE PROVIDED THE NECESSARY TOOLS TO REMOVE SYSTEMATIC BARRIERS. WE FOSTER A PEOPLE ORIENTED DEVELOPMENT (POD) MODEL THAT BUILDS A COMMUNITY'S CAPACITY FOR SELF-RELIANCE, SOCIAL JUSTICE, AND PARTICIPATORY DECISION-MAKING THROUGH A FOCUS ON THE LEADERSHIP SKILLS OF THE INDIVIDUALS LIVING THERE. HOUSING IS A FOUNDATION FOR PEOPLE TO STAND UPON AND REACH TOWARD THE SUCCESS THEY SEEK AND BETTER ENGAGE WITHIN COMMUNITIES TO BRING SOCIAL AND POLITICAL CHANGE AND EQUITY AND ENGAGEMENT INITIATIVES ARE AT THE CENTER OF ALL OUR WORK.
Expenses $2,725,129 · Revenue $1,574,186
-
OTHER PROGRAMS:INCLUDES OTHER COMMUNITY DEVELOPMENT ACTIVITIES NOT DIRECTLY RELATED TO THE RENTAL OR REAL ESTATE DEVELOPMENT PROGRAMS, BUT ARE IN LINE WITH THE ORGANIZATION'S MISSION.
Expenses $320,817 · Revenue -$21,892
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DANYIKA LEONARD
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
LINDSEY HUNTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
REV JIM BEAR JACOBS
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
RAVIE SINGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LEE SCHAFER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
SADAQAH JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CLAUDIA OXLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
TIFFANY DYKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CASSIE YOUNG
EXECUTIVE DIRECTOR
- Total calculated
- $130,820
- From this org
- $125,100
- From related orgs
- $0
- Other
- $5,720
- Hours/week
- 50
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.
Grants on this return
No itemized grants to organizations on this return.
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.
-
OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. · MN · income $138,295 · assets $942,683
Directly controlled by URBAN HOMEWORKS INC
-
OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. · MN · income $203,151 · assets $1,523,321
Directly controlled by URBAN HOMEWORKS INC
-
OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. · MN · income $416,320 · assets $3,347,039
Directly controlled by URBAN HOMEWORKS INC
-
OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. · MN · income $141,992 · assets $1,521,996
Directly controlled by URBAN HOMEWORKS INC
-
OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. · MN · income $169,362 · assets $2,001,831
Directly controlled by URBAN HOMEWORKS INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311949349301371
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