2025-05-16T15:59:54-07:00 2024-12-31 270007462 Murphy Enterprises Inc Murphy Enterprises Inc Algona IA 50511 990 2024-01-01 237179623 RIDGEWAY RENTAL HOUSING INCORPORATED RIDG 5152952927 PO Box 476 Algona IA 50511 Julie Stinson President 6413305268 2025-05-16 1 1 William Murphy P01691671 5152952927 2025-05-16 X 2024 2025-03-06 01:10:19Z X Julie Stinson 21121 State Highway 9 Cresco IA 52136 699955 0 X X 1972 IA To provide low rent housing in Ridgeway, Iowa. X 22 22 0 22 0 0 10400 0 76810 66955 1 599633 0 87211 666588 0 634049 0 0 0 0 0 0 0 75317 56390 75317 690439 11894 -23851 100692 0 6848 0 93844 0 X To provide low rent housing in Ridgeway, Iowa. 0 1 690439 0 666588 To provide low rent housing for the elderly, disabled, and families in Ridgeway. 0 0 0 690439 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 1 0 0 X Murphy Realty & Management Inc 5152952927 208 East State Street Algona IA 50511 X Julie Stinson President 0 0 X X 0 0 0 Diane Schick Vice President 0 0 X X 0 0 0 Roger Bergan Secretary/Treasurer 0 0 X X 0 0 0 0 0 0 0 0 0 0 0 0 Rental Income 531100 64397 64397 0 0 Laundry & Tenant Charges 531390 2558 2558 0 0 0 0 0 0 66955 0 0 633000 0 33367 0 599633 0 599633 599633 0 0 0 666588 666588 0 0 634049 634049 8100 8100 2587 2587 390 390 91 91 22200 22200 0 -235 -235 Lawn Maintenance & Snow Removal 3975 3975 0 0 Utilities 16102 16102 0 0 Unit Turnover Expenses 3180 3180 0 0 690439 690439 0 0 23851 0 6848 0 0 0 69993 0 100692 0 6848 6848 0 X 93844 0 0 0 93844 0 100692 0 X -23851 0 0 0 0 -69993 X 0 0 0 1 City of Ridgeway PO Box 42 Ridgeway IA 52165 City Government 384049 0 Cash Donations made to help with the Fire Department, Ball Diamond Lights, and Veterans Memorial Upkeep. Northeast Iowa Community Action Corp 305 Montgomery Street Decorah IA 51201 426092713 501(c) 3 200000 0 Cash Donations made to help the Howard County and Winneshiek County Food Banks Winneshiek County Historical Society PO Box 63 Decorah IA 51201 501(c) 3 50000 0 Cash Donations made to Winneshiek County Historical Society 2 1 Schedule I, Part I, Line 2 Donations were made to City Government or 501(c) 3 entities Cash 2024-12-11 384049 Cash City of Ridgeway PO Box 42 Ridgeway IA 52165 City Government Cash 2024-12-11 200000 Cash 426092713 Northeast Iowa Community Action Corp 305 Montgomery Street Decorah IA 51201 501c (3) Cash 2024-12-11 50000 Cash Winneshiek County Historical Society PO Box 63 Decorah IA 51201 501c (3) 0 0 0 0 1 0 1 0 Cash 2024-12-11 384049 Cash City of Ridgeway PO Box 42 Ridgeway IA 52165 City Government Cash 2024-12-11 200000 Cash 426092713 Northeast Iowa Community Action Corp 305 Montgomery Street Decorah IA 51201 501(c) 3 Cash 2024-12-11 50000 Cash Winneshiek County Historical Society PO Box 63 Decorah IA 51201 501(c) 3 0 0 0 0 Form 990, Part III, Line 3 Ridgeway Rental Housing Incorporated was sold to a private investor on October 31st, 2024. They will no longer be operating as a non-profit corporation and the entity has dissolved all assets to other non-profit organizations. Form 990, Part VI, Section A, Line 3 Murphy Realty & Management, Inc. has been hired to manage the apartment complex. Form 990, Part VI, Section A, Line 6 Ridgeway Rental Housing Incorporated has a one-time membership fee. Form 990, Part VI, Section A, Line 7a Ridgeway Rental Housing Incorporated members elect the Board of Directors at the Annual Meeting. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the members at the Annual Meeting. Form 990, Part VI, Section B, Line 15 The management agent contract is set and approved by the Board of Directors. Form 990, Part VI, Section C, Line 19 Ridgeway Rental Housing Incorporated is a non-profit organization that is listed on Iowa's Secretary of Iowa website. Form 990, Part XI, Line 9 All assets associated with Ridgeway Rental Housing Incorporated were sold to a private investor on October 31st, 2024.