Form 990 for tax year 2025
Filed by DAYTONS BLUFF NEIGHBORHOOD HOUSING SERVICES INC.
Totals
- Total revenue
- $2,027,484
- Total expenses
- $2,381,154
- Contributions and grants received
- $1,114,401
- Grants paid
- $998,676
- Program service revenue
- $58,032
- Investment income
- $293,510
- Other revenue
- $561,541
- Total assets, end of year
- $24,178,543
- Total liabilities, end of year
- $8,677,507
- Net assets or fund balances, end of year
- $15,501,036
- Program services expenses (Part IX)
- $2,276,521
- Management and general expenses
- $104,633
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,276,521
Program services were 95.6% 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)
$1,094,401
-
1f · All other contributions, gifts and grants
$20,000
-
2a · Program service revenue: LOAN INTEREST
total $58,032 · related or exempt $58,032
-
3 · Investment income
total $293,510 · excluded $293,510
-
11a · Other revenue: SERVICE FEES/REIMBURSEMENTS
total $932,100 · related or exempt $932,100
-
11b · Other revenue: SHOP 2012 LLC
total -$10,457 · related or exempt -$10,457
-
11c · Other revenue: LOSS ON PROPERTY HELD FOR RES
total -$360,102 · related or exempt -$360,102
-
11e · Other revenue, total
$561,541
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $998,676 · program services $998,676
-
5 · Compensation of officers, directors and key employees
total $129,068 · program services $88,050 · management and general $41,018
-
7 · Other salaries and wages
total $479,333 · program services $327,002 · management and general $152,331
-
16 · Occupancy
total $57,406 · program services $31,212 · management and general $26,194
-
20 · Interest
total $188,181 · program services $187,747 · management and general $434
-
22 · Depreciation, depletion and amortization
total $146,799 · program services $115,799 · management and general $31,000
-
24a · Other expenses: RENTAL COSTS
total $288,239 · program services $288,239
-
24b · Other expenses: CONSULTING CONTRACTS
total $84,946 · program services $53,539 · management and general $31,407
-
24c · Other expenses: INSURANCE
total $82,291 · program services $71,875 · management and general $10,416
-
24d · Other expenses: SUPPLIES
total $31,437 · program services $19,957 · management and general $11,480
-
24e · All other expenses
total -$105,222 · program services $94,425 · management and general -$199,647
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $5,644,374 · end of year $7,244,928
-
4 · Accounts receivable
beginning of year $152,234 · end of year $480,152
-
7 · Other notes and loans receivable
beginning of year $4,015,784 · end of year $4,272,597
-
10a · Land, buildings and equipment: cost or other basis
$5,364,691
-
10b · Land, buildings and equipment: accumulated depreciation
$3,130,485
-
10c · Land, buildings and equipment, net
beginning of year $2,288,554 · end of year $2,234,206
-
14 · Intangible assets
beginning of year $288,863 · end of year $233,675
-
15 · Other assets
beginning of year $12,040,917 · end of year $9,712,985
-
17 · Accounts payable and accrued expenses
beginning of year $200,877 · end of year $224,713
-
18 · Grants payable
beginning of year $151,029 · end of year $324,593
-
19 · Deferred revenue
beginning of year $170,559 · end of year $93,500
-
23 · Secured mortgages and notes payable
beginning of year $8,053,555 · end of year $8,034,701
-
27 · Net assets without donor restrictions
beginning of year $5,509,939 · end of year $5,742,161
-
28 · Net assets with donor restrictions
beginning of year $10,344,767 · end of year $9,758,875
Mission and programs · 2025
Mission
TO RENEW PRIDE, RESTORE CONFIDENCE, PROMOTE REINVESTMENT AND REVITALIZE THE NHS NEIGHBORHOOD(S) THROUGH THE EFFORTS OF LOCAL RESIDENTS ACTING IN CONCERT WITH FINANCIAL INSTITUTIONS, THE INSURANCE INDUSTRY, CORPORATE ENTERPRISE AND THE BUSINESS COMMUNITY, COMMUNITY ORGANIZATIONS, FOUNDATIONS AND GOVERNMENT.
-
THE COMMUNITY DEVELOPMENT BLOCK PROGRAM PROVIDED FUNDING FOR REHABILITATION OF SUBSTANDARD HOUSES IN NEED OF REPAIR; PROVIDED LOW INCOME FINANCING.
Expenses $592,077 · Grants $524,058
-
NEIGHBOR WORKS AMERICA PROVIDED FUNDED TO SUPPORT THE REHABILITATION OF SUBSTANDARD HOUSING IN NEED OF REPAIR AND THE NEW CONSTRUCTION OF AFFORDABLE HOUSING.
Expenses $260,112 · Grants $345
-
THE MINNESOTA HOUSING FINANCE AGENCY PROGRAM PROVIDED FUNDS TO ASSIST LOW/MODERATE INCOME HOMEOWNERS IN REHABILITATING THEIR HOMES
Expenses $257,570 · Grants $228,638
-
THE HOME IMPROVEMENT PLUS PROGRAM PROVIDED FUNDING FOR THE REHABILITATION OF SUBSTANDARD HOUSES IN NEED OF REPAIR; THE HOMEONWER PROGRAM PROVIDED FUNDING TO CONSTRUCT NEW AFFORDABLE SINGLE FAMILY HOUSING.
Expenses $1,166,762 · Grants $245,635
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JIM ERCHUL
EXECUTIVE DI
- Total calculated
- $151,010
- From this org
- $129,068
- From related orgs
- $0
- Other
- $21,942
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,068
- Bonus
- not reported
- Other
- not reported
- Deferred
- $21,942
- Nontaxable benefits
- not reported
- Filer's total
- $151,010
-
JOHN FAHEY
BOARD SECT
- Total calculated
- $0
- Hours/week
- 1
-
BEN GREILANGER
BOARD DIR.
- Total calculated
- $0
- Hours/week
- 1
-
DIANE MAY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
MARTIN SHIMKO
BOARD VICE P
- Total calculated
- $0
- Hours/week
- 1
-
DANIELLE WINNER
BOARD DIR.
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 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
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
DAYTON'S BLUFF CONSTRUCTION TRAINING CENTER
501C3 · RENT · MN
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.0
- Source object
- 202622159349300277
The source document this was parsed from is served over the API, which is where bulk and document access live.