Skip to content
Nonprofiteer
← BII DI GAIN DASH ANWEBI ELDER HOUSING

Form 990 for tax year 2022

Filed by BII DI GAIN DASH ANWEBI ELDER HOUSING.

Totals

Total revenue
$455,048
Total expenses
$704,328
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$454,737
Investment income
$311
Other revenue
$0
Total assets, end of year
$6,823,898
Total liabilities, end of year
$1,498,329
Net assets or fund balances, end of year
$5,325,569
Program services expenses (Part IX)
$704,328
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$704,328

Program services were 100.0% 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.

  • 2a · Program service revenue: HOUSING ASSISTANCE

    total $331,891 · related or exempt $331,891

  • 2b · Program service revenue: TENANT RENT

    total $119,672 · related or exempt $119,672

  • 2c · Program service revenue: MISCELLANEOUS

    total $3,174 · related or exempt $3,174

  • 3 · Investment income

    total $311 · excluded $311

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $43,565 · program services $43,565

  • 11b · Fees: legal

    total $605 · program services $605

  • 11c · Fees: accounting

    total $4,400 · program services $4,400

  • 12 · Advertising and promotion

    total $890 · program services $890

  • 13 · Office expenses

    total $25,004 · program services $25,004

  • 16 · Occupancy

    total $71,449 · program services $71,449

  • 20 · Interest

    total $9,948 · program services $9,948

  • 22 · Depreciation, depletion and amortization

    total $202,495 · program services $202,495

  • 23 · Insurance

    total $23,298 · program services $23,298

  • 24a · Other expenses: OPERATING & MAINTENANCE

    total $194,443 · program services $194,443

  • 24b · Other expenses: TAXES AND INSURANCE

    total $76,519 · program services $76,519

  • 24c · Other expenses: ADMINISTRATIVE

    total $38,250 · program services $38,250

  • 24d · Other expenses: ADVANTAGE SERVICES

    total $13,462 · program services $13,462

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,904 · end of year $87,130

  • 2 · Savings and temporary cash investments

    beginning of year $12,534 · end of year $13,525

  • 4 · Accounts receivable

    beginning of year $15,692 · end of year $11,961

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,916 · end of year $3,357

  • 10a · Land, buildings and equipment: cost or other basis

    $8,814,581

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,344,067

  • 10c · Land, buildings and equipment, net

    beginning of year $6,673,009 · end of year $6,470,514

  • 15 · Other assets

    beginning of year $238,275 · end of year $237,411

  • 17 · Accounts payable and accrued expenses

    beginning of year $256,000 · end of year $374,764

  • 19 · Deferred revenue

    beginning of year $3,091 · end of year $9,020

  • 23 · Secured mortgages and notes payable

    beginning of year $1,101,028 · end of year $1,101,028

  • 25 · Other liabilities

    beginning of year $12,362 · end of year $13,517

  • 27 · Net assets without donor restrictions

    beginning of year -$1,653,151 · end of year -$1,902,431

  • 28 · Net assets with donor restrictions

    beginning of year $7,228,000 · end of year $7,228,000

Mission and programs · 2022

Mission

TO PROMOTE THE WELFARE OF SENIOR CITIZENS IN THE MINNEAPOLIS COMMUNITY THROUGH AN AFFORDABLE APARTMENT BUILDING.

Activities or mission (Part I)

TO PROMOTE THE WELFARE OF THE MINNEAPOLIS COMMUNITY THROUGH A SUBSIDIZED APARTMENT BUILDINGS WITH 47 APARTMENT UNITS WHICH PROVIDE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN MINNEAPOLIS, MINNESOTA.

  • TO PROVIDE, ON A NON-PROFIT BASIS, 47 AFFORDABLE HOUSING UNITS FOR LOW INCOME,ELDERLY INDIVIDUALS.

    Expenses $704,328 · Revenue $454,737

As filed on the 2022 return.

Listed in Part VII

  • TIM KUEHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEMBERLY RODRIGUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WADE LARSON

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JENNI KONIGSBURG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • REV MARLENE HELGEMO

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • KAREN LAROSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • APRIL SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THEO-WIAPLAH GIPLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VALERIE LARSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN MARTINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS ADAMS

    EXEC VP HOUSING SERVICE

    Total calculated
    $210,064
    From this org
    $0
    From related orgs
    $192,283
    Other
    $17,781
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $192,283 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $17,781 related
    Filer's total
    $0 + $210,064 related

  • ANGELA RILEY

    CHIEF FINANCIAL OFFICER

    Total calculated
    $209,305
    From this org
    $0
    From related orgs
    $191,412
    Other
    $17,893
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,412 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $17,893 related
    Filer's total
    $0 + $209,305 related

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.

Provenance

Return type
form_990
Tax year
2022
Filed
3 May 2023
IRS schema version
2022v5.0
Source object
202321359349315257

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.