2026-05-14T09:52:46-05:00 2025-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2025-01-01 411735511 FORD HOUSE INC FORD 6512911750 1080 MONTREAL AVENUE SAINT PAUL MN 55116 DIANE NORDQUIST TREASURER 6512911750 2026-05-13 1 THOMAS R JOHNSON P01285389 6512276695 2026-05-13 2025 2025-03-06 01:10:19Z DIANE NORDQUIST 1080 MONTREAL AVENUE SAINT PAUL MN 55116 162355 0 X N/A X 1992 MN TO OPERATE AN 11 UNIT AFFORDABLE HOUSING RESIDENTIAL APARTMENT BUILDING. 6 6 0 0 0 0 0 0 130836 160341 847 2014 0 0 131683 162355 0 0 0 0 0 0 0 0 0 149217 220757 149217 220757 -17534 -58402 370005 396749 113820 198966 256185 197783 FORD HOUSE WAS FORMED FOR THE PURPOSE OF DEVELOPING AND OPERATING AN 11 UNIT RESIDENTIAL APARTMENT COMPLEX. 0 0 220757 160341 PROVIDED 11 UNITS OF AFFORDABLE HOUSING TO RESIDENTS ELIGIBLE UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THROUGH ITS MANAGEMENT AGENT COMMONBOND COMMUNITIES, MAINTAINED THE HOUSING FACILITY AND PROPERTY IN GOOD CONDITION, SECURED CONTINUING HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 220757 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 0 0 MN X X COMMONBOND COMMUNITIES 6512911750 1080 MONTREAL AVENUE ST PAUL MN 55116 GAYLE CARUSO PRESIDENT (MAY-DEC) 1.00 X X 0 0 0 STEPHEN LIVINGSTON DIRECTOR 1.00 X 0 0 0 VAL CRUTCHER DIRECTOR (RESIGNED NOV) 1.00 X 0 0 0 JESSICA COOK PRESIDENT (DEC); TREASURER (MAY-DEC) 1.00 X X 0 0 0 MELANIE TRIPLETT DIRECTOR 1.00 X 0 0 0 MICHELE BOYER DIRECTOR 1.00 X 0 0 0 DIANE NORDQUIST TREASURER (DECEMBER) 1.00 X X 0 0 0 DEIDRE SCHMIDT CEO OF COMMONBOND 1.00 40.00 X 0 298332 22445 JENNIFER ANDERSON CFO OF COMMONBOND 1.00 40.00 X 0 225080 18164 0 523412 40609 0 0 1 0 0 HOUSING ASSISTANCE 531110 121248 121248 TENANT RENTS 531110 39068 39068 MISCELLANEOUS 531390 25 25 160341 2014 2014 162355 160341 0 2014 8514 8514 1380 1380 4076 4076 1150 1150 4143 4143 14383 14383 26380 26380 9339 9339 OPERATING & MAINTENANCE 118237 118237 ADMINISTRATIVE 22686 22686 TAXES AND INSURANCE 9198 9198 MISCELLANEOUS FINANCIAL 1271 1271 220757 220757 0 0 14263 29007 3576 1748 6070 25622 135 98 1057287 817629 266038 239658 79923 100616 370005 396749 110389 192338 1174 5701 2257 927 113820 198966 X -405915 -464317 662100 662100 256185 197783 370005 396749 -58402 0 X X 1 X 0 0 0 X 101620 111247 118188 130836 160341 622232 101620 111247 118188 130836 160341 622232 5580 4952 4180 5924 7382 28018 0 5580 4952 4180 5924 7382 28018 594214 59 80 91 847 2014 3091 59 80 91 847 2014 3091 101679 111327 118279 131683 162355 625323 0.95030 0.95240 0.00490 0.00200 X 25000 25000 944754 734654 210100 9140 9140 0 78393 73835 4558 239658 ESCROW DEPOSITS 13847 REPLACEMENT RESERVE 83891 RESIDUAL RECEIPTS 2878 100616 TENANT SECURITY DEPOSITS 927 927 X 162355 0 162355 0 162355 220757 0 220757 0 220757 PART X, LINE 2: THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS OF INCOME TAX RETURNS. THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME OR UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 DEIDRE SCHMIDT CEO OF COMMONBOND 0 298332 0 0 0 0 0 0 0 22445 0 320777 0 0 JENNIFER ANDERSON CFO OF COMMONBOND 0 225080 0 0 0 0 0 0 0 18164 0 243244 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION HAS DELEGATED MANAGEMENT DUTIES TO COMMONBOND COMMUNITIES, A RELATED ORGANIZATION, THROUGH A MANAGEMENT AGREEMENT. THE TOP MANAGEMENT AND FINANCIAL OFFICERS OF COMMONBOND COMMUNITIES ARE THEREFORE LISTED AS OFFICERS OF FORD HOUSE. THEIR COMPENSATION IS SET BY COMMONBOND COMMUNITIES, NOT BY FORD HOUSE. FORM 990, PART VI, SECTION A, LINE 7A COMMONBOND HAS AUTHORITY FOR APPOINTING INDIVIDUALS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD CANNOT CHANGE CERTAIN SECTIONS OF ITS BYLAWS WITHOUT THE CONSENT OF COMMONBOND AND CANNOT CANCEL THE PROPERTY MANAGEMENT AGREEMENT (OR CHANGE MANAGEMENT COMPANY) WITHOUT THE CONSENT OF COMMONBOND. IT CANNOT APPOINT DIRECTORS AND CANNOT REMOVE DIRECTORS WITHOUT CONSENT OF COMMONBOND. OPERATIONS OF FORD HOUSE ARE OUTSOURCED TO COMMONBOND THROUGH THE PROPERTY MANAGEMENT AGREEMENT. OPERATIONS OF FORD HOUSE ARE ALSO RESTRICTED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) THROUGH THE SECTION 811 PROGRAM. ACCORDINGLY, THE BOARD, HAS LITTLE INFLUENCE OVER OPERATIONS OF THE ONLY PROGRAM IT SPONSORS. THE BOARD DOES INFLUENCE POLICIES RELATED TO RECRUITING AND SCREENING RESIDENTS AND MAKING CERTAIN PROPERTY IMPROVEMENTS. FORM 990, PART VI, SECTION A, LINE 8B FORD HOUSE INC. DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER AND ANOTHER MEMBER OF THE BOARD THOROUGHLY REVIEWED THE 990 PRIOR TO FILING AND PROVIDED SUGGESTIONS TO CLARIFY ANSWERS TO CERTAIN QUESTIONS. A DRAFT 990 HAS BEEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS REVIEWED BY THE EXECUTIVE COMMITTEE OF COMMONBOND, USING A COMPENSATION ANALYSIS AND VARIOUS PERFORMANCE REPORTS FOR MEASUREMENT AND COMPARISON. THE LAST YEAR IN WHICH THIS PROCESS INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATIONS WAS 2019. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND RECORDS FOR FORD HOUSE ARE MAINTAINED BY ITS AGENT COMMONBOND COMMUNITIES AT THE ADDRESS OF RECORD FOR FORD HOUSE. THE GOVERNING DOCUMENTS AND 990 RETURNS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST BY COMMONBOND AT ITS OFFICE. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. COMMONBOND COMMUNITIES 1080 MONTREAL AVENUE SAINT PAUL MN 55116 411260469 PROVIDING HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES. MN 501(C)(3) LINE 7 COMMONBOND COMMUNITIES 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COMMONBOND COMMUNITIES E 115126 TOTAL CASH ADVANCED COMMONBOND COMMUNITIES M 9590 FEES CHARGED DURING THE YEAR