2025-10-21T15:00:02-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2024-01-01 411465688 NEIGHBORHOOD HOUSING SERVICES OF DULUTH ONE ROOF LENDING NEIG 2187275372 12 EAST 4TH STREET DULUTH MN 55805 JEFF COREY EXECUTIVE DIRECTOR 2187275372 2025-10-17 1 0 JASON NEUMANN CPA P01690179 3202035500 2025-10-17 2024 2025-03-06 01:10:19Z JEFF COREY 12 EAST 4TH STREET DULUTH MN 55805 1201243 0 X WWW.1ROOFHOUSING.ORG X 1983 MN 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. 13 13 0 21 0 0 413350 663464 282544 302515 293 13390 6122 91483 702309 1070852 0 0 0 0 399439 454489 0 0 0 254043 309734 653482 764223 48827 306629 6695442 7393899 3650642 4042470 3044800 3351429 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 764223 302515 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. ON BEHALF OF THE CITY OF SUPERIOR, WISCONSIN, ONE ROOF PROVIDES DEFERRED LOANS TO INCOME ELIGIBLE HOUSEHOLDS IN THAT COMMUNITY AS WELL. ONE ROOF LENDING SERVICES CAN BE ACCESSED VIA ITS WEBSITE OR IN PERSON AT ITS OFFICE. IN 2024, ONE ROOF DEPLOYED $1.9 MILLION OF NEW LOANS. 764223 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X X VICKIE HARTLEY 2187275372 12 EAST 4TH STREET DULUTH MN 55805 JEFF COREY EXECUTIVE DIRECTOR 1.00 40.00 X 0 119653 35372 VICKIE HARTLEY SENIOR FINANCE DIRECTOR 1.00 40.00 X 0 106900 11456 RYAN JONES-CASEY BOARD CHAIR 1.00 1.00 X X 0 0 0 EMILY EDISON BOARD VICE CHAIR 1.00 1.00 X X 0 0 0 JAMES AIRD BOARD MEMBER 1.00 1.00 X 0 0 0 AARON KELLY BOARD MEMBER 1.00 1.00 X 0 0 0 DENEICE KRAMER BOARD MEMBER 1.00 1.00 X 0 0 0 JESSICA LANGER BOARD SECRETARY 1.00 1.00 X 0 0 0 TONYA LOKEN BOARD MEMBER 1.00 1.00 X 0 0 0 BRIAN MURPHY BOARD MEMBER 1.00 1.00 X 0 0 0 MARY FRANCES SKALA BOARD MEMBER 1.00 1.00 X 0 0 0 HANNAH SMITH BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN STAINE BOARD MEMBER 1.00 1.00 X 0 0 0 SOPHIE STONE BOARD MEMBER 1.00 1.00 X 0 0 0 JOEL TRACEY BOARD MEMBER 1.00 1.00 X 0 0 0 0 226553 46828 0 0 1 0 0 272864 390600 663464 INTEREST ON LOANS 522291 227808 227808 LOAN FEES 522291 74707 74707 302515 13390 13390 215000 130391 84609 84609 OTHER REVENUE 522291 6874 6874 6874 1070852 302515 0 104873 35268 35268 285713 285713 19040 19040 90651 90651 23817 23817 14922 14922 21393 21393 25895 25895 2848 2848 10498 10498 47378 47378 10822 10822 13464 13464 77825 77825 4896 4896 PROVISION FOR LOAN LOSS 60563 60563 BANK AND OTHER FEES 7881 7881 MEMBERSHIP 7211 7211 BOARD 2931 2931 1207 1207 764223 764223 0 0 836462 1168447 862237 559875 22812 368686 12296 4603708 5624617 1537 7400 0 21264 6695442 7393899 50491 129394 693925 796396 10498 11163 2197876 2027249 302362 552362 395490 525906 3650642 4042470 X 1634103 1941707 1410697 1409722 3044800 3351429 6695442 7393899 306629 0 X 0 1 X 1 0 X 980394 918049 900548 413350 663464 3875805 980394 918049 900548 413350 663464 3875805 3875805 139 101 79 293 13390 14002 2611 677 3935 6122 6874 20219 3910026 1644465 0.99120 0.99490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LATE FEES OTHER REVENUES INSPECTION FEES - 2020 AMOUNT: $ 2,611. 2021 AMOUNT: $ 677. 2022 AMOUNT: $ 3,935. 2023 AMOUNT: $ 6,122. 2024 AMOUNT: $ 6,874. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 COMMITTED LOANS 256470 OTHER CURRENT LIABILITIES 168930 DUE TO OTHER DIVISION 100506 525906 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. X X X 0 0 0 0 0 0 0 0 0 JEFF COREY EXECUTIVE DIRECTOR 0 119653 0 0 0 0 0 9191 0 26181 0 155025 0 0 PART I, LINE 3 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 A VARIETY OF SOURCES, INCLUDING PUBLICATIONS OF THE MINNESOTA COUNCIL OF NONPROFITS AND A COLLECTION OF IRS FORM 990'S 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 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 A, LINE 8B THERE ARE NO COMMITTEES WHICH CAN ACT ON BEHALF OF THE FULL BOARD WITHOUT APPROVAL. 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 ALL BOARD MEMBERS, OFFICERS, COMMITTEE MEMBERS, AND EMPLOYEES OF ONE ROOF ARE REQUIRED TO ANNUALLY ATTEST TO THEIR UNDERSTANDING AND COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. EACH CONCERNED PERSON MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT, IDENTIFYING ANY BUSINESS OR FINANCIAL RELATIONSHIPS INVOLVING THEMSELVES OR THEIR FAMILY MEMBERS THAT MAY PRESENT A CONFLICT. THESE DISCLOSURES INCLUDE ASSOCIATIONS WITH VENDORS, DONORS, RELATED ORGANIZATIONS, OR ANY ENTITY THAT MAY INFLUENCE ONE ROOF'S OPERATIONS OR DECISIONS. DISCLOSURES ARE SUBMITTED TO THE APPROPRIATE AUTHORITY BASED ON ROLE: EMPLOYEES REPORT TO THE EXECUTIVE DIRECTOR, THE EXECUTIVE DIRECTOR REPORTS TO THE CHAIR, AND THE CHAIR REPORTS TO THE VICE-CHAIR. THE BOARD REVIEWS ALL DISCLOSED CONFLICTS, EXCLUDING THE CONFLICTED INDIVIDUAL FROM RELATED DISCUSSIONS AND VOTES. APPROVAL OF ANY TRANSACTION INVOLVING A CONFLICT REQUIRES A COMPETITIVE BID OR VALUATION AND A TWO-THIRDS MAJORITY VOTE OF NON-CONFLICTED BOARD MEMBERS. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN MEETING MINUTES. FAILURE TO DISCLOSE A CONFLICT MAY RESULT IN DISCIPLINARY ACTION, INCLUDING TERMINATION OF EMPLOYMENT OR REMOVAL FROM THE BOARD OR COMMITTEE. THE POLICY ALSO INCLUDES SPECIFIC PROVISIONS FOR HOME-ASSISTED ACTIVITIES, PROHIBITING FINANCIAL GAIN BY EMPLOYEES OR AFFILIATES UNLESS AN EXCEPTION IS FORMALLY APPROVED. ANNUAL REAFFIRMATION AND PERIODIC POLICY REVIEWS ENSURE CONTINUED COMPLIANCE AND ALIGNMENT WITH ONE ROOF'S CHARITABLE MISSION. 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 DEVELOPED BY A THIRD PARTY. STAFF AND BOARD MEMBERS COMPLETE THE SURVEY REGARDING THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. THE PERSONNEL COMMITTEE REVIEWS 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 A VARIETY OF SOURCES, INCLUDING PUBLICATIONS OF THE MINNESOTA COUNCIL OF NONPROFITS AND A COLLECTION OF IRS FORM 990'S 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. THIS PROCESS WAS LAST COMPLETED IN FALL 2024. 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. THEY ARE ALSO AVAILABLE VIA WEBSITES SUCH AS GUIDESTAR AND THE MN ATTORNEY GENERAL. ONE ROOF COMMUNITY HOUSING 12 EAST 4TH ST DULUTH MN 55805 411678328 HOUSING DEVELOPMENT 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 1 1 ONE ROOF COMMUNITY HOUSING D 151281 FMV ONE ROOF COMMUNITY HOUSING P 571277 FMV ONE ROOF COMMUNITY HOUSING R 320000 FMV ONE ROOF COMMUNITY HOUSING S 360392 FMV