Form 990 for tax year 2025
Filed by OUTREACH DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $728,465
- Total expenses
- $332,763
- Contributions and grants received
- $394,316
- Grants paid
- $0
- Program service revenue
- $134,270
- Investment income
- $199,879
- Other revenue
- $0
- Total assets, end of year
- $9,509,872
- Total liabilities, end of year
- $1,134,832
- Net assets or fund balances, end of year
- $8,375,040
- Program services expenses (Part IX)
- $229,687
- Management and general expenses
- $103,076
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $229,687
Program services were 69.0% 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.
-
1e · Government grants (contributions)
$144,816
-
1f · All other contributions, gifts and grants
$249,500
-
2a · Program service revenue: RENTAL INCOME
total $134,270 · related or exempt $134,270
-
3 · Investment income
total $199,879 · excluded $199,879
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $33,956 · management and general $33,956
-
11b · Fees: legal
total $2,849 · management and general $2,849
-
11c · Fees: accounting
total $16,365 · management and general $16,365
-
12 · Advertising and promotion
total $32,069 · management and general $32,069
-
13 · Office expenses
total $6,933 · management and general $6,933
-
16 · Occupancy
total $150,180 · program services $150,180
-
20 · Interest
total $3,250 · program services $3,250
-
22 · Depreciation, depletion and amortization
total $47,625 · program services $46,640 · management and general $985
-
23 · Insurance
total $12,805 · program services $9,409 · management and general $3,396
-
24a · Other expenses: TAXES
total $20,166 · program services $20,166
-
24b · Other expenses: MISCELLANEOUS
total $6,565 · program services $42 · management and general $6,523
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $169,027 · end of year $196,170
-
2 · Savings and temporary cash investments
beginning of year $3,870,862 · end of year $4,181,519
-
3 · Pledges and grants receivable
end of year $100,000
-
4 · Accounts receivable
beginning of year $7,380 · end of year $14,896
-
7 · Other notes and loans receivable
beginning of year $200,000 · end of year $200,000
-
10a · Land, buildings and equipment: cost or other basis
$4,184,566
-
10b · Land, buildings and equipment: accumulated depreciation
$712,555
-
10c · Land, buildings and equipment, net
beginning of year $3,499,936 · end of year $3,472,011
-
13 · Investments: program-related
beginning of year $1,354,096 · end of year $1,345,276
-
17 · Accounts payable and accrued expenses
beginning of year $49,455 · end of year $53,739
-
19 · Deferred revenue
beginning of year $1,964 · end of year $10,549
-
23 · Secured mortgages and notes payable
beginning of year $1,070,544 · end of year $1,070,544
-
27 · Net assets without donor restrictions
beginning of year $6,057,958 · end of year $6,472,633
-
28 · Net assets with donor restrictions
beginning of year $1,921,380 · end of year $1,902,407
Mission and programs · 2025
Mission
TO SERVE AS A COMMUNITY-BASED CATALYST FOR THE PRESERVATION, ACQUISITION, AND DEVELOPMENT OF QUALITY AFFORDABLE HOUSING.
Activities or mission (Part I)
FOR PRESERVATION, ACQUISITION, & DEVELOPMENT OF QUALITY AFFORDABLE HOUSING
-
ODC CONTINUES TO SERVE AS A CATALYST OF CREATIVE HOUSING PARTNERSHIPS, PUBLIC AND PRIVATE INVESTMENT STRATEGIES AND POLICY CONDUCIVE TO THE SUBURBAN COMMUNITIES OF HAMEL, LONG LAKE, MEDINA, MEDICINE LAKE, MINNETONKA BEACH, ORONO, PLYMOUTH AND WAYZATA. ALONG WITH OUR DEVELOPMENT PARTNERS WE ARE DEVELOPING OVER 250 AFFORDABLE HOUSING UNITS IN MEDINA AND PLYMOUTH TO BE BUILT IN 2026 AND 2027. ODC CONTINUES COMMUNITY MEETINGS OF CITIZENS, HOUSING EXPERTS, CITY STAFF AND ELECTED OFFICIALS TO HEAR DIRECTLY FROM THE COMMUNITY AND TO GALVANIZE SUPPORT FOR AFFORDABLE HOUSING POLICIES FOR DEVELOPMENT AND PRESERVATION.
Expenses $229,687 · Revenue $134,270
As filed on the 2025 return.
Listed in Part VII
-
Ken DaytonKEN DAYTON
COO
- Total calculated
- $0
- Hours/week
- 2
-
Patrick LacombePATRICK LACOMBE
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Jeff HuggettJEFF HUGGETT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dave CornilleDAVE CORNILLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Matthew PlecMATTHEW PLEC
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ladonna HoyLADONNA HOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Doug ArndtDOUG ARNDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Wendy GevingWENDY GEVING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed GoldsmithED GOLDSMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lynn GrollLYNN GROLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Pam HaackPAM HAACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben JohnsonBEN JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Garrett OlsonGARRETT OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom ShaverTOM SHAVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cherie ShoquistCHERIE SHOQUIST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Martha Van De VenMARTHA VAN DE VEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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.
-
BOULEVARD APARTMENTS LLC
ACQUIRE, REHAB, AND OWN A SIX UNIT AFFORDABLE HOUSING FACILITY · MN · income $85,864 · assets $754,036
Directly controlled by OUTREACH DEVELOPMENT CORPORATION
-
WAYZATA VILLAGE HOMES LLC
DEVELOP AND OWN A TWO UNIT AFFORDABLE HOUSING FACILITY · MN · income $70,333 · assets $582,736
Directly controlled by OUTREACH DEVELOPMENT CORPORATION
-
COMMUNITY LEGACY HOMES LLC
DEVELOP AND OWN A SIX UNIT AFFORDABLE HOUSING FACILITY · MN · income $132,192 · assets $1,650,083
Directly controlled by OUTREACH DEVELOPMENT CORPORATION
-
ODC MELROSE MEDINA LLC
DEVELOPMENT OF NEW AFFORDABLE RENTAL HOUSING COMMUNITY · MN · assets $1,052,017
Directly controlled by OUTREACH DEVELOPMENT CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 10 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202632589349301543
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.