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← HOUSING FOUNDATION

Form 990 for tax year 2025

Filed by HOUSING FOUNDATION.

Totals

Total revenue
$75,507
Total expenses
$1,175
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$5,883
Other revenue
$69,624
Total assets, end of year
$1,344,576
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,344,576
Program services expenses (Part IX)
$0
Management and general expenses
$1,175
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 3 · Investment income

    total $5,883 · excluded $5,883

  • 11a · Other revenue: KMA APARTMENTS

    total $39,480 · related or exempt $39,480

  • 11b · Other revenue: MAGIC FIVE

    total $30,144 · related or exempt $30,144

  • 11e · Other revenue, total

    $69,624

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $75 · management and general $75

  • 11c · Fees: accounting

    total $1,100 · management and general $1,100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,531 · end of year $27,168

  • 13 · Investments: program-related

    beginning of year $1,246,713 · end of year $1,317,408

  • 27 · Net assets without donor restrictions

    beginning of year $1,270,244 · end of year $1,344,576

Mission and programs · 2025

Mission

TO PROVIDE RENTAL HOUSING OPPORTUNITIES FOR LOW INCOME ADULTS, DISABLED ADULTS, AND LOW INCOME SENIORS.

  • LOW INCOME HOUSING

As filed on the 2025 return.

Listed in Part VII

  • Paula Asbra

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jon Dreyer

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Greg Wohlers

    PRESIDENT

    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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • MAGIC FIVE PROPERTIES

    RELATED · RENTAL · MN · general or managing partner

  • KMA APARTMENTS

    RELATED · RENTAL · MN · general or managing partner

Provenance

Return type
form_990
Tax year
2025
Filed
1 May 2026
IRS schema version
2025v4.0
Source object
202621259349302922

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