Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $20,423

• 1f · All other contributions, gifts and grants

  $860,955

• 2a · Program service revenue: GOVERNMENT PROGRAM REVENUE

  total $14,298,260 · related or exempt $14,298,260

• 2b · Program service revenue: PROGRAM REVENUES

  total $13,066,190 · related or exempt $13,066,190

• 2c · Program service revenue: LOW INCOME HOUSING FEES

  total $2,678,088 · related or exempt $2,678,088

• 3 · Investment income

  total $114,566 · excluded $114,566

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $20,423

• 8b · Fundraising events: direct expenses

  $9,308

• 8c · Net income from fundraising events

  total -$9,308 · excluded -$9,308

• 11a · Other revenue: ADVERTISING REVENUE

  total $345,286 · unrelated business $345,286

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $217,583 · excluded $217,583

• 11e · Other revenue, total

  $562,869

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,708,518 · program services $1,708,518

• 5 · Compensation of officers, directors and key employees

  total $500,950 · program services $100,190 · management and general $400,760

• 7 · Other salaries and wages

  total $20,054,654 · program services $17,262,883 · management and general $2,557,458 · fundraising $234,313

• 8 · Pension plan contributions

  total $107,135 · program services $87,282 · management and general $18,853 · fundraising $1,000

• 9 · Other employee benefits

  total $1,737,535 · program services $1,472,186 · management and general $248,276 · fundraising $17,073

• 10 · Payroll taxes

  total $1,851,666 · program services $1,632,643 · management and general $201,454 · fundraising $17,569

• 11b · Fees: legal

  total $36,213 · management and general $36,213

• 11c · Fees: accounting

  total $64,347 · management and general $64,347

• 11g · Fees: other

  total $2,308,133 · program services $1,358,082 · management and general $947,095 · fundraising $2,956

• 12 · Advertising and promotion

  total $101,975 · program services $75,504 · management and general $24,709 · fundraising $1,762

• 13 · Office expenses

  total $575,359 · program services $426,007 · management and general $139,411 · fundraising $9,941

• 14 · Information technology

  total $253,149 · program services $187,436 · management and general $61,339 · fundraising $4,374

• 16 · Occupancy

  total $2,569,283 · program services $2,281,766 · management and general $287,517

• 17 · Travel

  total $341,501 · program services $312,940 · management and general $27,301 · fundraising $1,260

• 19 · Conferences, conventions and meetings

  total $150,214 · program services $142,566 · management and general $7,648

• 20 · Interest

  total $3,879 · program services $3,854 · management and general $25

• 22 · Depreciation, depletion and amortization

  total $225,640 · program services $101,103 · management and general $124,537

• 23 · Insurance

  total $270,360 · program services $200,180 · management and general $65,509 · fundraising $4,671

• 24a · Other expenses: PROGRAM SUPPLIES

  total $135,039 · program services $134,570 · management and general $469

• 24e · All other expenses

  total $185,071 · program services $182,729 · fundraising $2,342

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,767,658 · end of year $2,762,551

• 2 · Savings and temporary cash investments

  beginning of year $2,513,436 · end of year $2,614,638

• 3 · Pledges and grants receivable

  beginning of year $21,781 · end of year $2,896,362

• 4 · Accounts receivable

  beginning of year $6,984,033 · end of year $2,071,438

• 9 · Prepaid expenses and deferred charges

  beginning of year $387,932 · end of year $335,917

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

  $5,782,311

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

  $4,155,311

• 10c · Land, buildings and equipment, net

  beginning of year $1,754,689 · end of year $1,627,000

• 15 · Other assets

  beginning of year $3,299,296 · end of year $2,935,688

• 17 · Accounts payable and accrued expenses

  beginning of year $2,096,238 · end of year $2,258,477

• 19 · Deferred revenue

  end of year $37,781

• 23 · Secured mortgages and notes payable

  beginning of year $902,815 · end of year $800,849

• 25 · Other liabilities

  beginning of year $11,664,467 · end of year $11,669,760

• 27 · Net assets without donor restrictions

  beginning of year $1,406,758 · end of year -$34,419

• 28 · Net assets with donor restrictions

  beginning of year $658,547 · end of year $511,146

The filer's explanations (Part III)

PART I, LINE 1A

JULIE MANWORREN RECEIVED A PARSONAGE ALLOWANCE OF $40,000 AS REPORTED IN BOX 14 OF HER W-2.

Related partnerships

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

• 2100 BLOOMINGTON LP

  RELATED · SECTION 8 HOUSING · MN · 99.99% owned · share of income -$306,325 · share of assets $3,086,526 · general or managing partner

  Directly controlled by VOLUNTEERS OF AMERICA - MINNESOTA

Related corporations and trusts

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

• 2100 BLOOMINGTON LLC

  C · SECTION 8 HOUSING · MN · controlled entity