2024-05-15T09:14:33-04:00 2023-09-30 416192096 BOYUM & BARENSCHEER PLLP 3050 METRO DR STE 200 MINNEAPOLIS MN 554251547 990 2022-10-01 237259966 RIVERTON COMMUNITY HOUSING RIVE 6123313911 425 13TH AVE SE MINNEAPOLIS MN 554142065 MARY NOVAK EXECUTIVE DIRECTOR 6123313911 2024-03-30 true MARY NOVAK 999009999 false ANNA LOVEGREN P00643123 9528544244 2024-03-30 2022 2023-04-26 12:10:37Z MARY NOVAK 425 13TH AVE SE MINNEAPOLIS MN 554142065 6444149 false X WWW.RIVERTON.ORG X 1972 MN CREATE AND FOSTER A QUALITY LIVING EXPERIENCE WITH A DEDICATION TO OPERATING COOPERATIVE HOUSING THROUGH A NONPROFIT AND DEMOCRATIC MODEL. 14 14 34 15 192108 46009 0 5764669 5940744 99788 176113 304262 327292 6168719 6444149 0 0 1528930 1789916 0 0 4311524 4715022 5840454 6504938 328265 -60789 51048944 50682600 46716398 46368411 4332546 4314189 CREATE AND FOSTER A QUALITY LIVING EXPERIENCE WITH A DEDICATION TO OPERATING COOPERATIVE HOUSING THROUGH A NONPROFIT AND DEMOCRATIC MODEL. false false 5897350 5940744 PROVIDE 578 QUALITY BELOW MARKET HOUSING UNITS IN 7 COOPERATIVES. RIVERTON WORKS TO OPERATE COOPERATIVE PROPERTIES EFFICIENTLY WHILE KEEPING SUSTAINABLITY AND HOUSING QUALITY IN MIND. MANAGING IN A WAY THAT MEETS THE MISSION OF THE ORGANIZATION IN ORDER TO KEEP RENTS BELOW MARKET AS MUCH AS POSSIBLE WHILE BALANCING THE NEEDS OF THE COOPERATIVE COMMUNITY FOR THE FUTURE IS AN IMPORTANT ACCOMPLISHMENT. 137347 CO-OP MEMBER ENGAGEMENT. COLLABORATING WITH THE 7 CO-OP COMMUNITIES LEADERSHIP STRUCTURES, PROVIDING EDUCATIONAL, LEADERSHIP AND GROWTH EXPERIENCES FOR RESIDENTS TO INCREASE COMMUNITY ENGAGEMENT AND GROW PERSONAL SKILLSETS IS A STRONG PART OF THE WORK. PROVIDING SUPPORT FOR COOPERATIVE MEMBERS TO BE CIVICALLY INVOLVED IN THEIR IMMEDIATE AND SURROUNDING COMMUNITITES THROUGH A DEMOCRATIC MODEL IS A KEY TO THIS WORK. 6034697 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false true 10 0 true 34 true true true false false false false false false false false false false false X 14 14 false false false false false false false true true false false false true true true true true true false false X X DANA AMUNDSON 6123313911 425 13TH AVENUE SE MINNEAPOLIS MN 55414 MARY NOVAK EXECUTIVE DI 40.00 X 156194 0 18112 KARYN ZWIEG DIRECTOR OF 40.00 X 100124 0 0 JASON KENLEY PRESIDENT 2.50 X X 0 0 0 MICHAEL SHEPARD VICE PRESIDE 2.50 X X 0 0 0 ANDY WOLLE TREASURER 2.50 X X 0 0 0 COURTNEY OVERBY SECRETARY 2.50 X X 0 0 0 ALYSSA BRAATEN BOARD MEM. T 2.50 X 0 0 0 MICHAEL COPA BOARD MEMBER 2.50 X 0 0 0 BRIAN DUSBIBER BOARD MEMBER 2.50 X 0 0 0 JAREN JOHNSON BOARD MEMBER 2.50 X 0 0 0 NEIL KOLATKAR BOARD MEMBER 2.50 X 0 0 0 RACHEL RICE BOARD MEM TH 2.50 X 0 0 0 MOLLY RUTZICK BOARD MEMBER 2.50 X 0 0 0 TOM PIERSON BOARD MEMBER 2.50 X 0 0 0 KIT FORDHAM BOARD MEM TH 2.50 X 0 0 0 RYAN HAMPTON BOARD MEM TH 2.50 X 0 0 0 RYAN NESTINGEN BOARD MEMBER 2.50 X 0 0 0 JOAN BENNETT BOARD MEMBER 2.50 X 0 0 0 ACACIA GALLE BOARD MEMBER 2.50 X 0 0 0 LIBBY LOGSDEN BOARD MEMBER 2.50 X 0 0 0 256318 18112 2 false true false MANAGEMENT FEES 531310 1821912 1821912 BROOK AVE 531110 1283148 1283148 4TH STREET APARTMENTS 531110 881004 881004 FRANKLIN STUDENT HOUSING 531110 753804 753804 CHATEAU STUDENT HOUSING 531110 654576 654576 546300 546300 5940744 176113 176113 136030 136030 136030 136030 BAD DEBT RECOVERY 531390 114000 114000 CUSTODIAL CONTRACT 531390 30120 30120 CAM EXPENSES 531390 25958 25958 21184 21184 191262 6444149 6075928 192108 176113 183237 150981 32256 1334784 1099818 234966 55983 46428 9555 107564 89303 18261 108348 89856 18492 4988 4988 22970 22970 237713 229830 7883 7123 4009 3114 14648 8245 6403 40976 40976 1478 832 646 1842 1037 805 2243286 2221986 21300 1544381 1533857 10524 BAD DEBT 532064 532064 UBIT 14936 14936 TRAINING/CONSULTANTS 11149 6275 4874 50TH ANNIVERSARY EVENT 7314 4117 3197 30154 16059 14095 6504938 6034697 470241 0 552806 297262 3552973 2825572 2484016 3639629 383588 382078 112070 105301 57125982 19681974 38131267 37444008 357465 368219 1010778 1003063 4463981 4617468 51048944 50682600 515554 521344 24323 45675000 44860000 363627 326720 162217 636024 46716398 46368411 X 4332546 4314189 4332546 4314189 51048944 50682600 -60789 42432 X false true true false X 4566811 5293457 1735227 5886575 6075928 23557998 4566811 5293457 1735227 5886575 6075928 23557998 23557998 321186 101976 16789 99788 176113 715852 321186 101976 16789 99788 176113 715852 28702 38283 11564 34582 46009 159140 4916699 5433716 1763580 6020945 6298050 24432990 0.96420 0.96670 0.03000 0.03000 X 3148729 3148729 53816238 19590015 34226223 91959 91959 69056 69056 37444008 RESTRICTED DEPOSITS AND RESERVES 4617468 4617468 DUE TO COOPERATIVES 630526 SECURITY DEPOSITS 5498 636024 X 6484960 42432 42432 6442528 1621 1621 6444149 6503317 6503317 1621 1621 6504938 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS NOT BEEN AUDITED BY A TAX AUTHORITY, AND ACCORDINGLY THE INFORMATIONAL TAX RETURNS FOR THE PAST THREE YEARS ARE OPEN TO EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THEY DO NOT RESULT IN ANYTHING THAT WOULD REQUIRE EITHER RECORDING OR DISCLOSURE IN THE FINANCIAL STATEMENTS BASED ON THE CRITERIA SET FORTH IN ASC 740, INCOME TAXES. SCHEDULE D, PAGE 4, PART XII, LINE 4B BOOK / TAX DEPRECIATION DIFFERENCE 1,494,139 X X X false false false false false false false false false MARY NOVAK EXECUTIVE DIRECTOR 156194 18112 174306 A CITY OF MINNEAPOLIS (ISSUER) LASALLE BANK 237259966 603794AA6 2003-10-28 7200000 false true false B CITY OF MINNEAPOLIS SERIES 2014 US BANK CORPORATE TRUST 237259966 60379NBY1 2014-08-21 24435000 false false false C CITY OF MINNEAPOLIS SERIES 2018 US BANK 237259966 2018-06-11 19450000 false false false A 2710000 7200000 1010000 6190000 2006 false false true true B 2615000 24435000 776619 23658381 2015 false false true true C 900000 19450000 320291 19129709 2019 false false true true A false false false false false false false B false false false false 0.00010 0.00010 0.00020 false false false C false false false false false false false A false false false true true false false false false B false false false true false false false false false C false false false true false false false false false A false B false C false DATE REBATE COMPUTATION PERFORMED CITY OF MINNEAPOLIS 10/28/18 DATE REBATE COMPUTATION PERFORMED CITY OF MINNEAPOLIS SERIES 2014 08/21/19 DATE REBATE COMPUTATION PERFORMED CITY OF MINNEAPOLIS SERIES 2018 06/11/23 FORM 990, PAGE 6, PART VI, LINE 1A THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWS AND SIGNS OFF ON FORM 990 BEFORE FILING WITH THE IRS FORM 990, PAGE 6, PART VI, LINE 12C QUARTERLY UPDATES ARE PROVIDED TO THE BOARD FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS ANNUALLY WITH AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 OUR FINANCIAL STATEMENTS ARE SENT TO EMMA FOR BOND INVESTORS. WE ALSO PROVIDE AN ANNUAL REPORT THAT MAY BE FOUND ON OUR WEBSITE.