2024-06-24T13:16:37-05:00 2023-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-01-01 411465688 NEIGHBORHOOD HOUSING SERVICES OF DULUTH ONE ROOF LENDING NEIG 2187275372 12 EAST 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 EAST 4TH STREET DULUTH MN 55805 702309 0 X WWW.1ROOFHOUSING.ORG X 1983 MN ONE ROOF COMMUNITY LENDING'S MISSION IS TO PROVIDE FINANCING THAT WILL HELP PEOPLE OF LOWER INCOME FIND, PURCHASE, AND FIX THEIR HOMES, FOR BOTH SINGLE FAMILY HOMES AS WELL AS RENTAL HOUSING SITUATIONS. 15 15 0 15 0 0 900548 413350 238375 282544 79 293 3935 6122 1142937 702309 0 0 0 0 415753 399439 0 0 0 238449 254043 654202 653482 488735 48827 6505287 6695442 3509314 3650642 2995973 3044800 ONE ROOF COMMUNITY LENDING'S MISSION IS TO PROVIDE FINANCING THAT WILL HELP PEOPLE OF LOWER INCOME FIND, PURCHASE, AND FIX THEIR HOMES, FOR BOTH SINGLE FAMILY HOMES AS WELL AS RENTAL HOUSING SITUATIONS. 0 0 653482 288666 SINGLE FAMILY HOME LENDING: HOME OWNERSHIP PRESERVATION THROUGH A VARIETY OF BELOW MARKET RATE HOME RENOVATION LENDING PRODUCTS TO REVITALIZE OUR COMMUNITY'S AGING HOUSING STOCK AND ENSURE THE SUCCESS OF OUR LOWER INCOME HOMEOWNERS. ONE ROOF ALSO PROVIDES PURCHASE ASSISTANCE LOANS FOR INCOME QUALIFIED BUYERS WHO HAVE ATTENDED HOMEBUYER EDUCATION CLASSES AND PURCHASING WITHIN 30 MILES OF DULUTH. AND, ON BEHALF OF THE CITY OF SUPERIOR, WISCONSIN, ONE ROOF PROVIDES DEFERRED LOANS TO INCOME ELIGIBLE HOUSEHOLDS IN THAT COMMUNITY AS WELL. ONE ROOF'S LENDING SERVICES CAN BE ACCESSED VIA ITS WEBSITE OR IN PERSON AT ITS OFFICE. IN 2023, ONE ROOF DEPLOYED $1.6 MILLION OF NEW LOANS. 653482 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN WI X ONE ROOF COMMUNITY HOUSING 2187275372 12 E 4TH STREET DULUTH MN 55805 JEANINE DAHL BOARD SECRETARY 1.00 1.00 X X 0 0 0 CHRISTOPHER HENAGIN BOARD MEMBER 1.00 1.00 X 0 0 0 BOB RYAN BOARD MEMBER 1.00 1.00 X 0 0 0 MARY FRANCES SKALA BOARD MEMBER 1.00 1.00 X 0 0 0 JOEL TRACEY BOARD MEMBER 1.00 1.00 X 0 0 0 RYAN JONES-CASEY BOARD CHAIR 1.00 1.00 X X 0 0 0 BRIAN MURPHY BOARD MEMBER 1.00 1.00 X 0 0 0 JESSICA LANGER BOARD MEMBER 1.00 1.00 X 0 0 0 HANNAH SMITH BOARD MEMBER 1.00 1.00 X 0 0 0 TONYA LOKEN BOARD MEMBER 1.00 1.00 X 0 0 0 EMILY EDISON BOARD VICE CHAIR 1.00 1.00 X X 0 0 0 AARON KELLY BOARD MEMBER 1.00 1.00 X 0 0 0 LISA WICK BOARD MEMBER 1.00 1.00 X 0 0 0 DENEICE KRAMER BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN STAINE BOARD MEMBER 1.00 1.00 X 0 0 0 JEFF COREY EXECUTIVE DIRECTOR 1.00 40.00 X 0 127520 18863 VICKIE HARTLEY FINANCE DIRECTOR 1.00 40.00 X 0 86794 6327 0 214314 25190 0 0 0 0 0 338350 75000 413350 INTEREST ON LOANS 522291 188778 188778 LOAN FEES 522291 93766 93766 282544 293 293 OTHER REVENUE 900099 6122 6122 6122 702309 288666 0 293 32098 32098 292639 292639 16584 16584 36012 36012 22106 22106 10291 10291 10730 10730 22701 22701 4423 4423 48229 48229 12288 12288 9630 9630 78417 78417 5519 5519 HOMEOWNER SUPPORT 50600 50600 MEMBERSHIP 4895 4895 OTHER 4483 4483 BOARD 2387 2387 -10550 -10550 653482 653482 0 0 345870 836462 758919 862237 34978 22812 1246946 368686 4104136 4603708 14438 1537 6505287 6695442 50467 50491 674516 693925 8817 10498 2362262 2197876 52362 302362 360890 395490 3509314 3650642 X 1613693 1634103 1382280 1410697 2995973 3044800 6505287 6695442 48827 0 X X 0 1 X 1 1 1 X 308127 980394 918049 900548 413350 3520468 308127 980394 918049 900548 413350 3520468 3520468 291 139 101 79 293 903 3751 2611 677 3935 6122 17096 3538467 1524521 0.99490 0.99630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LATE FEES OTHER REVENUES INSPECTION FEES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 COMMITTED LOANS 244407 OTHER CURRENT LIABILITIES 47083 DUE TO OTHER DIVISION 104000 395490 X PART IV, LINE 2B: ONE ROOF COLLECTS AND HOLDS FUNDS FOR SOME MORTGAGE CLIENTS TO PAY REAL ESTATE TAXES AND INSURANCE EXPENSE AS THEY COME DUE. PART X, LINE 2: ONE ROOF COMMUNITY LENDING IS CLASSIFIED AS A 501(C)(3) TAX-EXEMPT ORGANIZATION, AND IS SUBJECT TO INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUAL 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 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 THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC 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 HOUSING 12 E 4TH STREET DULUTH MN 55805 411678328 AFFORDABLE HOUSING MN 501(C)(3) LINE 7 ONE ROOF COMMUNITY HOUSING 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 ONE ROOF COMMUNITY HOUSING D 162267 LOAN BALANCE