Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $103

• 2a · Program service revenue: GOVERNMENT PROGRAM REVENUE

  total $2,097,230 · related or exempt $2,097,230

• 7a · Gross sales of assets other than inventory

  other assets $1,671,855

• 7b · Less cost or other basis and sales expenses

  other assets $690,577

• 7c · Gain or loss

  other assets $981,278

• 7d · Net gain or loss

  total $981,278 · excluded $981,278

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $2,485 · excluded $2,485

• 11e · Other revenue, total

  $2,485

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $48,885 · program services $48,885

• 7 · Other salaries and wages

  total $1,303,614 · program services $1,303,614

• 9 · Other employee benefits

  total $45,002 · program services $45,002

• 10 · Payroll taxes

  total $98,404 · program services $98,404

• 11b · Fees: legal

  total $21,632 · management and general $21,632

• 13 · Office expenses

  total $45,926 · program services $43,239 · management and general $2,687

• 16 · Occupancy

  total $201,983 · program services $169,607 · management and general $32,376

• 17 · Travel

  total $52,449 · program services $50,564 · management and general $1,885

• 20 · Interest

  total $2,849 · program services $2,849

• 23 · Insurance

  total $11,408 · program services $11,367 · management and general $41

• 24a · Other expenses: ADMIN FEES

  total $176,996 · program services $176,993 · fundraising $3

• 24b · Other expenses: EQUIPMENT RENT/MAINT

  total $49,365 · program services $29,508 · management and general $19,857

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $465,688 · end of year $674,351

• 2 · Savings and temporary cash investments

  beginning of year $20,307 · end of year $1,307

• 4 · Accounts receivable

  beginning of year $420,246 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $23,985 · end of year $0

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $631,402 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $320,386 · end of year $0

• 19 · Deferred revenue

  beginning of year $221,989 · end of year $23,022

• 21 · Escrow or custodial account liability

  beginning of year $4,647

• 23 · Secured mortgages and notes payable

  beginning of year $361,143 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $3,162

• 27 · Net assets without donor restrictions

  beginning of year $632,221 · end of year $628,232

• 28 · Net assets with donor restrictions

  beginning of year $21,242 · end of year $21,242

The filer's explanations (Part III)

PART I, LINE 3

UPON MERGER WITH VOLUNTEERS OF AMERICA - MINNESOTA, THE ORGANIZATION NO LONGER DIRECTLY COMPENSATES ITS OFFICERS. COMPENSATION IS PAID TO ORGANIZATION'S PRESIDENT/CEO BY VOLUNTEERS OF AMERICA - MINNESOTA, A RELATED ORGANIZATION, AND IS REPORTED AS SUCH ON FORM 990, PART VII, SECTION A, COLUMNS (D) AND (F). VOLUNTEERS OF AMERICA - WISCONSIN RELIED ON VOLUNTEERS OF AMERICA - MINNESOTA TO DETERMINE COMPENSATION THROUGH THE APPROPRIATE PROCESS, WHICH INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION. VOLUNTEERS OF AMERICA - MINNESOTA USED FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO SET COMPENSATION FOR ITS OFFICERS.

Related partnerships

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

• 2100 BLOOMINGTON LP

  SECTION 8 HOUSING · MN

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• 2100 BLOOMINGTON LLC

  C · SECTION 8 HOUSING · MN