2023-12-29T09:19:58-05:00 2023-09-30 410978542 HOFFMAN & BROBST PLLP PO BOX 548 MARSHALL MN 56258 990 2022-10-01 363361387 MIGHTY FORTRESS MANOR MIGH 3203840316 206 LAWLER AVENUE NORTH HINCKLEY MN 55037 JOHN FRANK BOARD CHAIR 3203840316 2023-12-28 JOHN FRANK 999009999 false CARLTON JOHNSON CPA P01984174 5075325735 2023-12-28 2022 2023-04-26 12:10:37Z JOHN FRANK 206 3RD ST NE HINCKLEY MN 55037 255548 false X N/A X 1985 OPERATE A 24-UNIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR THE LOW INCOME ELDERLY IN HINCKLEY, MINNESOTA. TENANT RENTS CONSIST OF A PORTION WHICH IS BASED ON TENANT INCOME AND A PORTION THAT IS SUBSIDIZED THROUGH A RENTAL ASSISTANCE CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 6 6 0 0 153334 156024 92833 99338 109 186 0 246276 255548 0 0 0 0 0 276834 281074 276834 281074 -30558 -25526 571544 520032 641119 615133 -69575 -95101 X OPERATE A 24-UNIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR THE LOW INCOME ELDERLY IN HINCKLEY, MINNESOTA. TENANT RENTS CONSIST OF A PORTION WHICH IS BASED ON TENANT INCOME AND A PORTION THAT IS SUBSIDIZED THROUGH A RENTAL ASSISTANCE CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. false false 281074 99338 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULLNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NONPROFIT BASIS. 281074 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 0 false false false false false false false false false false false false false false X 6 6 false true false false false false false true true false false true true true true false false false false false MN X VAN BINSBERGEN & ASSOCIATES 3202696640 540 SOUTH 1ST STREET MONTEVIDEO MN 56265 X JOHN FRANK BOARD CHAIR 2.00 X X 0 0 0 ROBIN HENDRIX SECRETARY/TR 2.00 X X 0 0 0 MIKE METZLER DIRECTOR 1.00 X 0 0 0 DIRK NELSON DIRECTOR 1.00 X 0 0 0 TONY NELSON DIRECTOR 1.00 X 0 0 0 JEANETTER SCHAEFER VICE CHAIR 2.00 X X 0 0 0 false false false 156024 156024 TENANT RENTS 94956 94956 LAUNDRY 2284 2284 SPECIAL CLAIMS 1148 1148 TENANT CHARGES 545 545 MISCELLANEOUS 405 405 99338 186 186 255548 99338 186 X 18670 18670 7774 7774 55 55 36228 36228 36521 36521 15226 15226 INTEREST EXPENSE 39306 39306 MISCELLANEOUS 36459 36459 CONTRACTS 32184 32184 SITE MANAGEMENT 27261 27261 31390 31390 281074 281074 0 0 7571 9420 250701 225778 13 2 8206 8299 1253586 1000366 280463 253220 24590 23313 571544 520032 13403 5871 2768 2994 617311 598382 7637 7886 641119 615133 X -69575 -95101 -69575 -95101 571544 520032 -25526 X false true X true true true X 139107 139472 147449 153334 156024 735386 139107 139472 147449 153334 156024 735386 735386 96013 95661 96487 92942 186 381289 5121 5121 1121796 485006 0.65550 0.59650 X PART II, LINE 10 PROPERTY TAX ADJUSTMENT 5,121 42000 42000 1076313 867589 208724 3249 2822 427 132024 129955 2069 253220 TENANT SECURITY DEPOSITS 7886 7886 X 255548 255548 255548 281074 281074 281074 SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT MIGHTY FORTRESS MANOR IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501 (C) (3),AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. FORM 990 - ORGANIZATION'S MISSION OPERATE A 24-UNIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR THE LOW INCOME ELDERLY IN HINCKLEY, MINNESOTA. TENANT RENTS CONSIST OF A PORTION WHICH IS BASED ON TENANT INCOME AND A PORTION THAT IS SUBSIDIZED THROUGH A RENTAL ASSISTANCE CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION IS MANAGED BY VAN BINSBERGEN & ASSOCIATES, 540 S 1ST STREET, MONTEVIDEO, MN 56265 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO APPROVAL AND SUBMISSION TO THE IRS FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY REQUIRING ALL MEMBERS OF THE BOARD DISCLOSE ANY RELATED PARTIES EITHER RESIDING IN THE BUILDING OR DOING BUSINESS WITH THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E SNOW REMOVAL 15,605 0 0 REAL ESTATE TAXES 9,778 0 0 SUPPLIES 5,552 0 0 BAD DEBTS 280 0 0 FILING FEES 175 0 0 TOTAL 31,390 0 0