2023-07-13T20:19:33-05:00 2022-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2022-01-01 411821520 URBAN HOMEWORKS INC URBA 6127249002 927 WEST BROADWAY 301 MINNEAPOLIS MN 55411 CASSIE YOUNG EXECUTIVE DIRECTOR 6127249002 2023-06-29 1 CASSIE YOUNG 999009999 0 LANCE J BROCK P01919631 6512276695 2023-06-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CASSIE YOUNG 927 WEST BROADWAY 301 MINNEAPOLIS MN 55411 4187405 0 X WWW.URBANHOMEWORKS.ORG X 1995 MN PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT. 8 8 18 400 0 0 2772367 1953744 1944921 1572754 -335978 -120427 40710 385907 4422020 3791978 126174 0 0 0 1000122 999237 0 0 356003 2309784 3155191 3436080 4154428 985940 -362450 14877768 14312372 8628621 8425675 6249147 5886697 X PERPETUATE THE HOPE OF JESUS CHRIST THROUGH INNOVATIVE COMMUNITY DEVELOPMENT. 0 0 221313 -99967 REAL ESTATE DEVELOPMENT - ACQUISITION OF HOUSING:URBAN HOMEWORKS HAS CONSTRUCTED, REHABILITATED AND MANAGED SCATTERED, MULTI-UNIT AND SINGLE-FAMILY HOUSING IN DISTRESSED AREAS OF MINNEAPOLIS AND ST. PAUL SINCE 1995. WE ARE UNIQUE IN THE TWIN CITIES IN OUR FOCUS ON SMALLER, MULTI-UNIT RENTAL PROPERTIES. WE HAVE COMMITTED TO THIS APPROACH TO BUILDING HEALTHY NEIGHBORHOODS THROUGH MULTIPLE ACCESS POINTS IN THE HOUSING ECOSYSTEM. REHABILITATION OF HOUSING:OUR MODEL FOR REHABILITATING HOUSING LEVERAGES OUR HOUSING DEVELOPMENT AND CONSTRUCTION PROCESS TO MAXIMIZE THE ECONOMIC AND SOCIAL BENEFIT TO THE COMMUNITIES WE SERVE. RECLAIMING ABANDONED/FORECLOSED PROPERTIES IS A COST-EFFECTIVE APPROACH TO INCREASING THE HOUSING SUPPLY IN THE TWIN CITIES. WE HAVE LOOKED AT OUR REAL ESTATE DEVELOPMENT EFFORTS AND DETERMINED THE INVESTMENT CAN DO MORE THAN JUST ADD MUCH NEEDED HOUSING UNITS; OUR AFFORDABLE HOUSING INVESTMENTS ARE DIRECTLY TIED TO OUR EFFORTS TO TRIGGER BOTH A HOUSING AND ECONOMIC RECOVERY THROUGH PARTNERSHIPS, AND JOB CREATION. THROUGH COLLABORATION, OUR MODEL IS DESIGNED TO EXPAND ECONOMIC OPPORTUNITIES AND THE ECONOMIC IMPACT OF OUR WORK IN THE COMMUNITIES WE SERVE THROUGH LOCALIZED HIRING OF UNDERUTILIZED LOCAL, MINORITY, FEMALE AND SECTION 3 SUBCONTRACTORS AND TRAINEES; JOB CONNECTIONS AND JOB CREATION. THIS COMPONENT OF OUR PROGRAM ENSURES DOLLARS INVESTED IN HOUSING REMAIN IN THE COMMUNITY IN WHICH THEY ARE INTENDED TO BENEFIT - THUS LAYERING THE IMPACT OF THE HOUSING DEVELOPMENT INVESTMENT. 2725129 1574186 RENTAL PROGRAMS -OCCUPANCY OF HOUSING:HOUSING - RENTAL PROGRAMMING - OUR RESTORED UNITS ARE WELL-BUILT, MAINTAINED, AFFORDABLE RENTAL OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES PRICED OUT OF MANY TWIN CITIES RENTAL MARKETS. PARTNERSHIPS WITH LOCAL SOCIAL SERVICE ORGANIZATIONS PROVIDE ADDITIONAL SUPPORT BY SERVING AS ADVOCATES FOR THE RESIDENTS AND PROVIDING NECESSARY SOCIAL SERVICES. RESOURCES FROM THESE SOCIAL SERVICE PARTNERS, COMBINED WITH A SUPPORTIVE LANDLORD AND QUALITY, DIGNIFIED HOUSING, WEAVE A WEB OF SUPPORT FOR PROGRAM PARTICIPANTS. THROUGH STABLE, DIGNIFIED RENTAL PROPERTIES, INDIVIDUALS ARE ABLE TO BECOME PART OF THEIR COMMUNITY SUPPORT STRUCTURES, SCHOOLS AND ECONOMIC OPPORTUNITIES.HOUSING - OWNERSHIP PROGRAMMING - PROJECT: RECLAIM PRESERVES EXISTING AFFORDABLE HOUSING BY CAPTURING PROPERTIES THAT HAVE NOT BEEN MAINTAINED AS VIABLE UNITS BY MARKET FORCES, AND RESTORES THEM TO THEIR HIGHEST USE: PERPETUALLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THAT ARE CONTRIBUTING PHYSICAL ASSETS FOR THE NEIGHBORHOOD. PROJECT: RECLAIM MITIGATES THE ECONOMIC AND SOCIAL IMPACT OF UNDERUTILIZED, VACANT AND/OR FORECLOSED SINGLE FAMILY HOMES. PROJECT: RECLAIM HINGES ON A RESPONSIBLE CONTRACT FOR DEED WHICH ALLOWS FAMILIES TO BEGIN LIVING IN THE HOME WHILE THEY PARTICIPATE IN FINANCIAL LITERACY TRAINING CAREFULLY DESIGNED TO PROVIDE THE OPPORTUNITY FOR ADEQUATE CREDIT REPAIR AND DEEP FINANCIAL EDUCATION TIED TO FINANCIAL STABILITY AND HOME OWNERSHIP. COMMUNITY ENGAGEMENT:URBAN HOMEWORKS' APPROACH TO COMMUNITY ENGAGEMENT IS ROOTED IN THE GOAL THAT ALL PROGRAMS WE OPERATE ARE INEXTRICABLY LINKED TO THE AUTHENTIC EXPRESSION OF THE COMMUNITY'S VISION. THROUGH A CONTINUAL FEEDBACK LOOP FROM ACQUISITION THROUGH OCCUPANCY, WE ARE BUILDING A COLLABORATIVE WEB OF DOVETAILED EXPERTISE TO COLLECTIVELY BUILD SUSTAINABLE, EQUITABLE SOLUTIONS ACROSS THE SOCIAL AND ECONOMIC CONTINUUM OF THE TWIN CITIES. ENGAGEMENT WORK HAPPENS ON A RESIDENT LEVEL THROUGH INFORMAL AND FORMAL NETWORKS, NEIGHBORHOOD EVENTS, CONNECTIONS WITH RESOURCES IN THE COMMUNITY, PARTICIPATION IN URBAN HOMEWORKS PLANNING AND WORK, AND MANY OTHER OPPORTUNITIES AS OUR PODS GROW ORGANICALLY AND RESPOND TO REAL-TIME CONDITIONS. POD AREAS ARE DETERMINED BY HAVING BOTH HIGH INSTANCES OF HOUSING INSTABILITY AND A HIGH NEED FOR ENGAGEMENT TO BUILD COMMUNITY NETWORKS. AT URBAN HOMEWORKS, WE BELIEVE THAT PEOPLE POWER CAN TRIUMPH OVER SYSTEMIC OPPRESSION WHEN COMMUNITIES ARE PROVIDED THE NECESSARY TOOLS TO REMOVE SYSTEMATIC BARRIERS. WE FOSTER A PEOPLE ORIENTED DEVELOPMENT (POD) MODEL THAT BUILDS A COMMUNITY'S CAPACITY FOR SELF-RELIANCE, SOCIAL JUSTICE, AND PARTICIPATORY DECISION-MAKING THROUGH A FOCUS ON THE LEADERSHIP SKILLS OF THE INDIVIDUALS LIVING THERE. HOUSING IS A FOUNDATION FOR PEOPLE TO STAND UPON AND REACH TOWARD THE SUCCESS THEY SEEK AND BETTER ENGAGE WITHIN COMMUNITIES TO BRING SOCIAL AND POLITICAL CHANGE AND EQUITY AND ENGAGEMENT INITIATIVES ARE AT THE CENTER OF ALL OUR WORK. 320817 -21892 OTHER PROGRAMS:INCLUDES OTHER COMMUNITY DEVELOPMENT ACTIVITIES NOT DIRECTLY RELATED TO THE RENTAL OR REAL ESTATE DEVELOPMENT PROGRAMS, BUT ARE IN LINE WITH THE ORGANIZATION'S MISSION. 3267259 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 6 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X MIKE KOLEHMAINEN 6127249002 927 WEST BROADWAY AVENUE SUITE 301 MINNEAPOLIS MN 55411 DANYIKA LEONARD CO-CHAIR 1.00 X X 0 0 0 LINDSEY HUNTER DIRECTOR 1.00 X 0 0 0 REV JIM BEAR JACOBS CO-CHAIR 1.00 X X 0 0 0 RAVIE SINGH DIRECTOR 1.00 X 0 0 0 LEE SCHAFER TREASURER 1.00 X X 0 0 0 SADAQAH JONES DIRECTOR 1.00 X 0 0 0 CLAUDIA OXLEY SECRETARY 1.00 X X 0 0 0 TIFFANY DYKES DIRECTOR 1.00 X 0 0 0 CASSIE YOUNG EXECUTIVE DIRECTOR 50.00 X 125100 0 5720 125100 0 5720 1 0 0 0 0 125833 1827911 102452 1953744 RENTAL INCOME 531110 1455430 1455430 PROGRAM REVENUE 900099 118756 118756 INTEREST INCOME ON LOANS 900099 20460 20460 EQUITY EARNINGS IN NORTHSIDE HOME 900099 -21892 -21892 1572754 275000 395427 -120427 -120427 -120427 GAIN ON SALE/DISPOSAL OF BUILDING 900099 385907 385907 385907 3791978 1452327 0 385907 X 130820 57561 19623 53636 724079 331920 210361 181798 46443 22906 10410 13127 97895 34742 42811 20342 482171 371674 90547 19950 13321 3106 10215 3239 1583 892 764 291603 160010 104076 27517 9621 8951 282 388 47360 14474 6825 26061 65558 64382 1176 513502 498962 14540 143396 143396 REPAIRS 860364 860364 UTILITIES 368661 366831 1830 PROPERTY TAXES 179002 179002 SUPPLIES 137494 133615 3284 595 39899 13780 24509 1610 4154428 3267259 531166 356003 267942 873856 956421 457980 784788 342842 323293 815167 20280 15740 15770279 4828880 11334787 10941399 555728 447489 634529 417899 14877768 14312372 401916 379333 210000 125750 105122 105122 7782321 7465301 129262 350169 8628621 8425675 X 1381275 1473930 4867872 4412767 6249147 5886697 14877768 14312372 -362450 0 X 0 1 X 1 0 X 2840129 2110654 1792010 2772367 1953744 11468904 2840129 2110654 1792010 2772367 1953744 11468904 1032488 10436416 11468904 12222932 0.91000 0.91370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 781188 781188 14854169 4693958 10160211 134922 134922 0 10941399 SECURITY DEPOSITS 88797 PREPAID RENT 11519 LEASE LIABILITY 249853 350169 X PART X, LINE 2: THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER MINNESOTA STATUTE 290.05 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. URBAN HOMEWORKS, INC. AND ITS WHOLLY OWNED LLC'S FILE A CONSOLIDATED INCOME TAX RETURN. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS INCOME TAX RETURNS. ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 23800 23800 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 24890 24890 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 2150 11083 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 4120 2150 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 1900 1900 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 13890 13890 0 1 1 ANONYMOUS BOARD MEMBER FINANCE REAL ESTATE X 33250 27409 0 1 1 105122 ANONYMOUS BOARD MEMBER 105122 MULTIPLE LOANS TO THE ORGANIZATION. OUTSTANDING BALANCES AS OF 12/31/18. 0 X 955 102452 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE EXECUTIVE COMMITTEE REVIEW THE 990 IN DETAIL. BOARD APPROVES THE 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT PERIODICALLY COMMUNICATES THE CONFLICT OF INTEREST POLICY TO STAFF AND THE BOARD AND REQUESTS ANY INDIVIDUAL WITH A CONFLICT OF INTEREST TO STATE THE CONFLICT OF INTEREST IN WRITING OR AS PART OF APPLICABLE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, EACH BOARD MEMBER COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS REVIEWED BY THE FULL BOARD, OR THE EXECUTIVE DIRECTOR OR THE CHAIRPERSON OF THE BOARD, AS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 371,674. MANAGEMENT AND GENERAL EXPENSES 90,547. FUNDRAISING EXPENSES 19,950. TOTAL EXPENSES 482,171. UHW RR I LLC 2015 EMERSON AVENUE NORTH MINNEAPOLIS MN 55411 273424708 OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. MN 138295 942683 URBAN HOMEWORKS INC UHW RR II LLC 2015 EMERSON AVENUE NORTH MINNEAPOLIS MN 55411 451003787 OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. MN 203151 1523321 URBAN HOMEWORKS INC UHW RR III LLC 2015 EMERSON AVENUE NORTH MINNEAPOLIS MN 55411 455066558 OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. MN 416320 3347039 URBAN HOMEWORKS INC UHW RR IV LLC 2015 EMERSON AVENUE NORTH MINNEAPOLIS MN 55411 452626083 OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. MN 141992 1521996 URBAN HOMEWORKS INC UHW RR V LLC 2015 EMERSON AVENUE NORTH MINNEAPOLIS MN 55411 452233780 OWNER OF RENTAL PROPERTIES MANAGED BY URBAN HOMEWORKS, INC. MN 169362 2001831 URBAN HOMEWORKS INC