2023-12-22T06:25:08-06:00 2023-06-30 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2022-07-01 411953599 BEACON INTERFAITH HOUSING COLLABORATIVE BEAC 6517896260 2610 UNIVERSITY AVENUE WEST 100 SAINT PAUL MN 55114 TOM ROCK TREASURER 6517896260 2023-12-21 1 TOM ROCK 999009999 0 KATHLEEN MCDONNELL P01521081 6512276695 2023-12-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS LATONDRESSE 2610 UNIVERSITY AVENUE WEST 100 SAINT PAUL MN 55114 11824868 0 X WWW.BEACONINTERFAITH.ORG X 1999 MN AS A COLLABORATIVE OF CONGREGATIONS UNITED IN ACTION WE CREATE HOMES AND ADVANCE EQUITABLE HOUSING. 13 13 56 111 0 0 5699575 7686337 4898803 4065339 68868 73192 0 0 10667246 11824868 0 0 0 0 4361712 5168722 0 0 2022149 5753965 7285710 10115677 12454432 551569 -629564 38850974 45599244 25715440 33199902 13135534 12399342 X AS A COLLABORATIVE OF CONGREGATIONS UNITED IN ACTION WE CREATE HOMES AND ADVANCE EQUITABLE HOUSING. 0 0 6958845 2634693 HOUSING OPERATION: BEACON OFFERS A RANGE OF HOUSING AND SERVICES TO MEET THE NEEDS OF VULNERABLE MEMBERS OF OUR COMMUNITY. WE OPERATE OVER 600 QUALITY, AFFORDABLE HOMES FOR MORE THAN 1000 PEOPLE ACROSS THE TWIN CITIES METRO AREA. THE SIGNIFICANT MAJORITY OF OUR HOUSING SERVICES HOUSEHOLDS EARNING LESS THAN 30 PERCENT OF THE COMMUNITY'S AREA MEDIAN INCOME (AMI). SUPPORTIVE HOUSING SERVICES ARE PROVIDED TO OVER 400 HOUSEHOLDS IN BEACON HOUSING TO HELP YOUTH, SINGLE ADULTS, FAMILIES AND SENIORS SUCCESSFULLY EXIT OR AVOID HOMELESSNESS. 83 PERCENT OF FORMERLY HOMELESS RESIDENTS MAINTAINED STABLE HOUSING FOR AT LEAST ONE YEAR. 1029345 1170313 HOUSING DEVELOPMENT: BEACON IS AMONG THE LEADING DEVELOPERS OF DEEPLY AFFORDABLE, SUPPORTIVE HOUSING IN THE TWIN CITIES METRO AREA. BEACON'S UNIQUE COLLABORATIVE MODEL ACTIVATES THE ENERGY, RESOURCES AND LEADERSHIP OF CONGREGATIONS TO CREATE HOUSING. WE LEVERAGE PRIVATE CONTRIBUTIONS TO SECURE ADDITIONAL PUBLIC FUNDING AND CAPITAL COMMITMENTS AND HAVE DEVELOPED OVER 700 HOMES AT 21 PROPERTIES TO DATE. BEACON HAS OVER 300 HOMES IN VARIOUS STAGES OF DEVELOPMENT AT SIX LOCATIONS ACROSS THE TWIN CITIES METRO. 625419 POLICY: WHEN ALL PEOPLE HAVE ACCESS TO STABLE HOUSING, OUR COMMUNITIES ARE STRONGER AND HEALTHIER. OUR COLLECTIVE ACTION AND INVESTMENT THROUGH OUR PUBLIC POLICY SHOULD WORK TOWARD ENSURING ALL PEOPLE HAVE A HOME. 446881 260333 SHELTER PROGRAMS: THROUGH A VOLUNTEER-DRIVEN, COMMUNITY-BASED PROGRAM, BEACON AND ITS COLLABORATIVE OF CONGREGATIONS PROVIDES FAMILIES EMERGENCY SHELTER, SUPPORTIVE SERVICES, AND HOUSING SUPPORT. CARE AND SUPPORT IS INDIVIDUALIZED TO A FAMILY'S LEVEL OF NEED. 446881 260333 9060490 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 46 0 1 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MN X CHRIS LATONDRESSE 6517896260 2610 UNIVERSITY AVENUE WEST SUITE SAINT PAUL MN 55114 CHARLIE FLYNN CHAIR 1.00 X X 0 0 0 LINDA SANDVIG VICE CHAIR 1.00 X X 0 0 0 REVEREND MICHAEL GONZALES DIRECTOR 1.00 X 0 0 0 MARK BAYLEY DIRECTOR 1.00 X 0 0 0 STEVE BERGLUND DIRECTOR 1.00 X 0 0 0 NANCY BURNS SECRECTARY 1.00 X X 0 0 0 DAYMOND DEAN DIRECTOR 1.00 X 0 0 0 JAMES GERTMENIAN EX-OFFICIO DIRECTOR 1.00 X 0 0 0 LAURA HELMER DIRECTOR 1.00 X 0 0 0 GEORGIA THOMPSON DIRECTOR 1.00 X 0 0 0 TOM ROCK TREASURER 1.00 X X 0 0 0 SADIA TARANNUM DIRECTOR 1.00 X 0 0 0 TJ TICEY DIRECTOR 1.00 X 0 0 0 DEQA ESSA CFO/VP OF FINANCE AND ADMINISTRATION 40.00 X 71693 0 14036 LEE BLONS EXECUTIVE DIRECTOR 40.00 X 203460 0 20373 KEVIN WALKER VP OF HOUSING AND SHELTER 40.00 X 159408 0 7321 BEN HELVICK VP OF POLICY AND ORGANIZING 40.00 X 107033 0 4983 KIRSTEN SPRECK DIRECTOR OF HOUSING DEVELOPMENT 40.00 X 122512 0 26444 664106 0 73157 4 0 1 0 AVIVO 900 20TH AVE S MINNEAPOLIS MN 55404 SUPPORTIVE SERVICES 387336 YOUTHLINK 41 12TH STREET NORTH MINNEAPOLIS MN 55403 SUPPORTIVE SERVICES 318003 SIMPSON HOUSING 2100 PILLSBURY AVE S MINNEAPOLIS MN 55404 SUPPORTIVE SERVICES 288377 YMCA OF THE NORTH 651 NICOLLET MALL SUITE 500 MINNEAPOLIS MN 55402 SUPPORTIVE SERVICES 230553 RELATIVE INTEL 1430 CONCORDIA AVE SAINT PAUL MN 55104 SUPPORTIVE SERVICES 181166 5 2496074 5190263 115329 7686337 RENTAL INCOME 531110 2369617 2369617 DEVELOPER & OTHER SERVICE FEES 531390 1170313 1170313 SHELTER FEES 531390 260333 260333 MISCELLANEOUS 531390 135610 135610 ASSET MANAGEMENT FEE 531310 129466 129466 4065339 73192 73192 11824868 4065339 0 73192 821743 372402 449341 3651564 2371415 461563 818586 116705 66068 18513 32124 275602 156700 46150 72752 303108 176811 65354 60943 169087 169087 32119 25877 6242 195980 68545 127435 281530 167033 73916 40581 272509 143447 66266 62796 191704 118077 37817 35810 77508 16064 1760 59684 67298 67298 691960 685849 3139 2972 129521 129521 RESIDENT SERVICES 1697956 1697956 OPERATING/MAINTENANCE 1528500 1528500 CHANGE IN ALLOWANCE FOR 824898 824898 UTILITIES - RENTAL 415686 415686 709454 684154 14297 11003 12454432 9060490 1371793 2022149 822662 864496 7569472 5407279 2285689 1573796 264482 514997 4367237 6848178 243473 231218 35169082 9645110 19807644 25523972 2593933 3250700 13192 9417 883190 1375191 38850974 45599244 2125449 2184123 6379166 7993619 17210825 21170720 0 1851440 25715440 33199902 X 9639407 9739295 3496127 2660047 13135534 12399342 38850974 45599244 X -629564 -106628 X X 0 1 X 1 1 1 X 4840721 8626989 5974819 5699575 7686337 32828441 4840721 8626989 5974819 5699575 7686337 32828441 1408957 31419484 103284 62252 51747 68868 73192 359343 33187784 19479599 0.94670 0.94280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59575 71168 130743 12323689 12454432 772722 193181 0 0 616528 627997 655784 772722 2673031 4009547 1981 61785 26918 130743 221427 154132 156999 163946 193181 668258 1002387 325 1432 20323 59575 81655 PART II-A LOBBYING ACTIVITIES: BEACON IS IMPACTING PUBLIC POLICY AT THE LOCAL AND STATE LEVELS TO GROW INVESTMENT IN HOMES THAT PEOPLE WHO ARE EXPERIENCING HOMELESSNESS AND WHO HAVE THE LOWEST INCOMES CAN AFFORD. 4468643 4468643 23688833 8739494 14949339 259076 251885 7191 738445 440716 297729 6014085 213015 5801070 25523972 PREDEVELOPMENT COSTS 3250700 C 3250700 CONSTRUCTION PAYABLE 1721141 LEASE LIABILITY 130299 1851440 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES BEACON DID NOT HAVE ANY UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND ACCORDINGLY, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 LEE BLONS EXECUTIVE DIRECTOR 203460 0 0 0 0 0 8138 0 12235 0 223833 0 0 0 KEVIN WALKER VP OF HOUSING AND SHELTER 159408 0 0 0 0 0 6251 0 1070 0 166729 0 0 0 X 21 115329 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE INTERNAL COMMITTEE REVIEWS AND APPROVES THE 990 BEFORE IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE ASKED ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTORS COMPENSATION IS BASED ON THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION WHICH APPLIES TO THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR. THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE EXECUTIVE DIRECTOR APPROVES THE COMPENSATION FOR ALL KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: FORGIVENESS OF DEBT -106,628. 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