2024-06-24T13:16:33-05:00 2023-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-01-01 411678328 ONE ROOF COMMUNITY HOUSING ONER 2187275372 12 E 4TH STREET DULUTH MN 55805 JEFF COREY EXECUTIVE DIRECTOR 2187275372 2024-06-20 1 JEFF COREY 999009999 1 ELIZABETH F BARCHENGER P01270090 6512276695 2024-06-20 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JEFF COREY 12 E 4TH STREET DULUTH MN 55805 7499547 0 X WWW.1ROOFHOUSING.ORG X 1990 MN CREATE AFFORDABLE HOMES & STRENGTHEN COMMUNITIES THROUGH WISE STEWARDSHIP OF LAND & RESOURCES. 15 15 36 48 0 6498 2742483 3994747 288707 770690 140426 135722 -949234 -1048234 2222382 3852925 0 0 0 0 1487194 1516155 0 0 136991 453306 611392 1940500 2127547 281882 1725378 17407125 22666939 6665909 10200345 10741216 12466594 X ONE ROOF MISSION STATEMENT: ENRICHING LIVES AND COMMUNITIES ONE HOME AT A TIME.ONE ROOF VISION STATEMENT: COMMUNITIES WHERE EVERYONE HAS ACCESS TO SUSTAINABLE AND AFFORDABLE HOUSING.ENRICHING LIVES & COMMUNITIES ONE HOME AT A TIME. ONE ROOF HELPS TO STRENGTHEN THE FOUNDATIONS OF OUR COMMUNITIES BY PROVIDING HOUSING SERVICES AND BUILDING AND SUSTAINING AFFORDABLE HOMES AND HEALTHY NEIGHBORHOODS. WE MAKE HOME A BETTER PLACE BY HELPING LOWER INCOME PEOPLE PURCHASE A HOME OR REPAIR THEIR HOME, BY PROVIDING HOUSING DEVELOPMENT SERVICES TO THE COMMUNITY, AND BY COORDINATING HOUSING ACTIVITY ACROSS NEIGHBORHOODS IN DULUTH. THIS WORK HELPS ONE ROOF FULFILL OUR MISSION OF ENSURING ACCESS TO SUSTAINABLE AND AFFORDABLE HOUSING FOR EVERYONE. 0 0 535972 -583953 COMMUNITY LAND TRUST (CLT) PROGRAM: DEVELOPMENT AND STEWARDSHIP OF PERMANENTLY AFFORDABLE CLT HOMES FOR PURCHASE BY LOW-MODERATE INCOME HOUSEHOLDS TO ENSURE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES WILL EXIST IN OUR COMMUNITY FOR FUTURE GENERATIONS. CURRENT FOCUS IS ON ACQUISITION-REHABILITATION AND SALE OF PROPERTIES IN DULUTH, PROCTOR, HERMANTOWN, CLOQUET AND TWO HARBORS. WE ALSO HAVE A SMALL NUMBER OF NEW CONSTRUCTION HOMES IN THE DULUTH AREA THAT WILL BE COMPLETED IN 2024-2025. IN 2023, ONE ROOF HELPED 22 HOUSEHOLDS PURCHASE A HOME, WHICH INCLUDED ACQUISITION/REHAB HOMES AND RESALE HOMES. 400324 313706 MULTIFAMILY HOUSING DEVELOPMENT SERVICES: ONE ROOF DEVELOPS AFFORDABLE RENTAL HOUSING OPPORTUNITIES FOR LOWER INCOME HOUSEHOLDS IN OUR COMMUNITY AND TO HELP INDIVIDUALS EXPERIENCING HOMELESSNESS. NEW MULTI-FAMILY PROJECTS INCLUDE DECKER DWELLINGS, A 42-UNIT APARTMENT BUILDING LOCATED IN DULUTH HEIGHTS. BREWERY CREEK APARTMENTS WAS AWARDED LIHTC FUNDING IN 2021 AND WILL PROVIDE 52 UNITS OF AFFORDABLE RENTAL HOUSING, INCLUDING 22 UNITS FOR PEOPLE EXPERIENCING HOMELESSNESS. BREWERY CREEK APARTMENTS IS EXPECTED TO OPEN IN SUMMER 2024. PLOVER PLACE, A NEW MODEL FOR HOUSING, WILL PROVIDE 24 UNITS OF AFFORDABLE HOUSING TO UNHOUSED SINGLE PEOPLE. EXPECTED TO SOON RECEIVE FORMAL FUNDING COMMITMENTS FROM BOTH THE CITY OF DULUTH AND ST. LOUIS COUNTY, CONSTRUCTION WILL THEN BE COMPLETED IN 2023. BRAE VIEW SENIOR APARTMENTS WAS AWARDED FINAL FUNDING NEEDED IN 2023. THE PROJECT WILL PROVIDE 72 UNITS OF AFFORDABLE RENTAL HOUSING, INCLUDING COMMUNITY SPACE FOR CHILDCARE AND OFFICE SPACE DESIGNATED FOR SERVICE PROVIDERS. 228285 4540 HOMEBUYER EDUCATION: HOME STRETCH CLASSES AND PRE/POST PURCHASE COUNSELING AND EDUCATION TO ENSURE THAT LOWER INCOME HOMEOWNERS ARE PREPARED TO BE SUCCESSFUL IN THEIR HOMEOWNERSHIP ENDEAVORS. HOME STRETCH CLASSES ARE OFFERED 12 TIMES PER YEAR. IN 2023, 165 HOUSEHOLDS COMPLETED THE HOME STRETCH CLASS AND 140 NEW HOUSEHOLDS UTILIZED HOMEBUYER COUNSELING SERVICES. 133040 TENANT-LANDLORD CONNECTION (TLC) PROGRAM: THIS LINE OF BUSINESS PROVIDES EDUCATION, INFORMATION, AND PROBLEM-SOLVING ASSISTANCE AS A WAY TO IMPROVE TENANT-LANDLORD RELATIONS AND REDUCE THE NUMBER OF HOUSING EVICTIONS IN OUR COMMUNITY. THE MISSION OF THE TLC IS TO ENSURE THAT STABLE RENTAL HOUSING EXISTS BY EDUCATING EXISTING AND POTENTIAL LANDLORDS AND TENANTS REGARDING THEIR RESPECTIVE RIGHTS AND RESPONSIBILITIES AND BY MEDIATING DISPUTES BETWEEN LANDLORDS AND TENANTS. IN 2023, THE TLC SERVED A TOTAL OF 604 HOUSEHOLDS AND PREVENTED 31 EVICTIONS. 133040 1297621 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 15 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X ONE ROOF COMMUNITY HOUSING 2187275372 12 E 4TH STREET DULUTH MN 55805 CHRISTOPHER HENAGIN ONE ROOF BOARD MEMBER/CG BOARD MEMBER 1.00 1.00 X 0 0 0 MARY FRANCES SKALA ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 BOB RYAN ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 JOEL TRACEY ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 RYAN JONES-CASEY ONE ROOF BOARD CHAIR 1.00 1.00 X X 0 0 0 BRIAN MURPHY ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 JESSICA LANGER ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 TONYA LOKEN ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 DENEICE KRAMER ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 JEANINE DAHL ONE ROOF SECRETARY 1.00 1.00 X X 0 0 0 EMILY EDISON ONE ROOF BOARD VICE CHAIR 1.00 1.00 X X 0 0 0 AARON KELLY ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 LISA WICK ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 HANNAH SMITH ONE ROOF BOARD MEMBER/CG BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN STAINE ONE ROOF BOARD MEMBER 1.00 1.00 X 0 0 0 LYNN MARIE NEPHEW COMMON GROUND BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD HOWELL COMMON GROUND BOARD MEMBER 1.00 1.00 X 0 0 0 JEFF COREY EXECUTIVE DIRECTOR, COMMON 40.00 1.00 X 127520 0 18863 VICKIE HARTLEY FINANCE DIRECTOR 40.00 1.00 X 86794 0 6327 214314 0 25190 1 0 0 0 0 35425 2400396 1558926 1500 3994747 DEVELOPMENT FEES 531390 400977 400977 SALES COMMISSIONS 531390 164472 164472 LAND LEASE REVENUES 531190 135483 135483 OTHER 531390 69758 69758 770690 44656 44656 234209 325518 -91309 -91309 -91309 180000 88934 91066 91066 91066 0 35425 7795 -7795 -7795 2275245 3224375 -949130 -949130 3852925 -269749 0 127927 208340 111099 89922 7319 1062380 595008 378767 88605 68064 35879 27963 4222 97070 52879 38670 5521 80301 43457 30192 6652 3459 1159 2252 48 33610 15574 17062 974 47469 36795 8485 2189 14454 10031 3609 814 103583 60678 32115 10790 42020 22134 16803 3083 32825 23478 7919 1428 11815 11227 224 364 14020 4328 9132 560 20742 9621 10262 859 HOMEOWNER SUPPORT 138963 136653 2310 OTHER DEVELOPMENT EXPEN 89827 89827 OTHER COSTS 16435 2134 14021 280 MEMBERSHIP 15476 13168 1729 579 26694 22492 3808 394 2127547 1297621 692935 136991 2910481 440332 953617 3642167 409482 279846 991238 2208598 2617931 6839493 78915 48198 3152195 685129 4198223 2467066 5247238 6659988 0 81251 17407125 22666939 1548368 1496505 1261182 3349684 2879822 4507228 950000 735000 26537 111928 6665909 10200345 X 9248551 11428895 1492665 1037699 10741216 12466594 17407125 22666939 1725378 0 X X 0 1 X 1 1 1 X 4140622 4402771 3191929 2742483 3994747 18472552 4140622 4402771 3191929 2742483 3994747 18472552 178919 18293633 2595 1946 11783 20520 44656 81500 18554052 2986161 0.98600 0.99750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 233800 233800 2445494 415093 2030401 34229 33981 248 245549 194042 51507 193123 42013 151110 2467066 LAND HELD IN TRUST 5472888 C INVESTMENT IN SUBSIDIARIES 1187100 C 6659988 OTHER CURRENT LIABILITIES 9842 TENANT SECURITY DEPOSIT 19973 LEASE LIABILITIES 82113 111928 X PART X, LINE 2: ONE ROOF 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. MINNESOTA INCOME TAXES FOR SUCH UNRELATED BUSINESS INCOME TOTALED $1,301 IN 2022. FEDERAL UNRELATED BUSINESS INCOME TAXES TOTALED $1,738 IN 2022. THE ORGANIZATION BELIEVES 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. PART X, LINE 2 ONE ROOF 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. RAISE THE ROOF 35425 35425 7795 35425 35425 7795 7795 -7795 FORM 990, PART VI, SECTION A, LINE 6 ALL FINANCIAL CONTRIBUTORS ARE CONSIDERED VOTING MEMBERS OF THE ORGANIZATION UNLESS A SPECIFIC REQUEST IS MADE TO BE CONSIDERED A "DONOR AND NOT A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ELIGIBLE TO ATTEND THE ANNUAL MEETING AND ELECT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE SALE OF LAND BY ONE ROOF THAT IS SUBJECT TO A LEASE BETWEEN ONE ROOF AND A TENANT REQUIRES AN AFFIRMATIVE VOTE BY AT LEAST 2/3 OF MEMBERS PRESENT AT A REGULAR OR SPECIAL MEETING, A QUORUM BEING ASSEMBLED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A COPY OF THE FORM 990 ALONG WITH THE AUDITED FINANCIAL STATEMENTS AT A MEETING. THE BOARD THEN APPROVES THE 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE EVALUATION OF THE EXECUTIVE DIRECTOR IS LED BY THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS. THE PERSONNEL COMMITTEE USES AN EVALUATION SURVEY OF BOTH STAFF AND BOARD MEMBERS TO GET FEEDBACK ON THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. THE PERSONNEL COMMITTEE SYNTHESIZES THE SURVEY INFORMATION AND PRESENTS IT TO THE EXECUTIVE DIRECTOR DURING THE ANNUAL PERFORMANCE REVIEW. TYPICAL SALARY INCREASES ARE IN KEEPING WITH WHAT OCCURS WITH THE REST OF THE STAFF. FROM TIME TO TIME WHEN REQUESTED BY THE EXECUTIVE DIRECTOR OR WHEN DETERMINED NECESSARY BY THE PERSONNEL COMMITTEE OR BOARD OF DIRECTORS, A SALARY REVIEW IS CONDUCTED. DURING A SALARY REVIEW PROCESS, INFORMATION IS GATHERED FROM PUBLICATIONS OF THE MINNESOTA COUNCIL OF NONPROFITS AND VIA COLLECTION OF IRS FORM 990S THAT ARE PUBLISHED ONLINE OF EXECUTIVE DIRECTOR SALARIES FROM ORGANIZATIONS OF SIMILAR SIZE AND MISSION BOTH IN DULUTH AND AROUND THE STATE. UPON REVIEW OF SALARIES OF EXECUTIVE DIRECTORS FROM OTHER ORGANIZATIONS AND IN CONSIDERATION WITH THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND THE ANNUAL BUDGET, ADJUSTMENTS ARE MADE TO THE SALARY OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST, EITHER AT OUR PLACE OF BUSINESS OR BY ELECTRONIC TRANSMISSION OF SUCH DOCUMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ONE ROOF COMMUNITY REALTY LLC 12 EAST 4TH STREET DULUTH MN 55806 263245825 REAL ESTATE SALES MN ONE ROOF COMMUNITY HOUSING COMMON GROUND DECONSTRUCTION 12 EAST 4TH STREET DULUTH MN 55806 200986222 GENERAL CONTRACTOR MN 453654 764069 ONE ROOF COMMUNITY HOUSING WEST END QUAD POD LLC 12 EAST 4TH STREET DULUTH MN 55806 830806456 RESIDENTIAL RENTAL MN 234282 2479360 ONE ROOF COMMUNITY HOUSING BREWERY CREEK LLLP 12 EAST 4TH STREET DULUTH MN 55806 825397023 MULIT-FAMILY RENTAL MN ONE ROOF COMMUNITY HOUSING DULUTH VETERANS HOUSING LLC 12 EAST 4TH STREET DULUTH MN 55806 262582295 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING DECKER DWELLINGS DEVELOPER 12 EAST 4TH STREET DULUTH MN 55806 821474634 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING BREWERY CREEK DEVELOPER LLC 12 EAST 4TH STREET DULUTH MN 55806 830700058 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING DECKER DWELLINGS II GP LLC 12 EAST 4TH STREET DULUTH MN 55806 870835357 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING DECKER DWELLINGS II LLLP 12 EAST 4TH STREET DULUTH MN 55806 864004316 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING DECKER DWELLINGS II GP LLC 12 EAST 4TH STREET DULUTH MN 55806 870867077 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING BRAE VIEW GP LLC 12 EAST 4TH STREET DULUTH MN 55806 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING BRAE VIEW DEVELOPER LLC 12 EAST 4TH STREET DULUTH MN 55806 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING BRAE VIEW LLLP 12 EAST 4TH STREET DULUTH MN 55806 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING PLOVER PLACE LLC 12 EAST 4TH STREET DULUTH MN 55806 REAL ESTATE RENTAL MN ONE ROOF COMMUNITY HOUSING ONE ROOF LENDING 12 EAST 4TH STREET DULUTH MN 55806 411465688 TO PROVIDE FINANCING TO LOWER INCOME INDIVIDUALS MN 501(C)(3) LINE 7 ONE ROOF COMMUNITY HOUSING 0 DECKER DWELLING LLLP 12 EAST 4TH STREET DULUTH MN 55806 821429904 MULTI-FAMILY RENTAL MN ONE ROOF COMMUNITY HOUSING RELATED -19 756073 0 0 BREWERY CREEK LLLP 12 EAST 4TH STREET DULUTH MN 55806 825397023 MULTI-FAMILY RENTAL MN RELATED 0 0 DECKER DWELLINGS GP LLC 12 EAST 4TH STREET DULUTH MN 55806 821443125 REAL ESTATE MN ONE ROOF COMMUNITY HOUSING C -201 1.00000 0 BREWERY CREEK GP LLC 12 EAST 4TH STREET DULUTH MN 55806 825380425 REAL ESTATE MN ONE ROOF COMMUNITY HOUSING C 1.00000 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 1 0 ONE ROOF LENDING E 162267 LOAN BALANCE DECKER DWELLING D 393463 LOAN BALANCE BREWERY CREEK D 1000000 LOAN BALANCE ONE ROOF LENDING D 104000 LOAN BALANCE DECKER DWELLING S 106639 CASH PAID BREWERY CREEK S 791880 CASH PAID BREWERY CREEK S 157059 CASH PAID BREWERY CREEK R 425000 CASH PAID BREWERY CREEK R 762000 BOOK VALUE