2024-01-11T13:05:39-05:00 2023-09-30 411629155 HINRICHS & ASSOCIATES LTD 1000 SHELARD PKWY STE 110 MINNEAPOLIS MN 55426 990 2022-10-01 237329242 HOUSING OF OLIVIA INC HOUS 3202696640 540 1ST ST MONTEVIDEO MN 56265 AARON WALTON PRESIDENT 3202696640 2023-12-27 AARON WALTON XXX-XX-XXXX false NATHAN D MEINZ P01258205 9525428010 2024-01-11 2022 2023-04-26 12:10:37Z AARON WALTON 801 EAST LINCOLN AVE OLIVIA MN 56277 236200 false X N/A X 1970 MN PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS 5 5 0 5 0 154458 101113 121279 135042 28 45 7271 0 283036 236200 0 0 53152 45497 0 0 265695 240447 318847 285944 -35811 -49744 686142 645528 620053 629183 66089 16345 PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS false false 242992 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS 242992 false false false false false false false false false true false false false true false 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 true 5 0 false 0 false false false false false false false false X 5 5 false true false false false false true true true false false true false false false false false false MN X VAN BINSBERGEN ASSOCIATES 3202696640 540 S 1ST STREET MONTEVIDEO MN 56265 X AARON WALTON PRESIDENT X X 0 0 0 JAMES LARSON DIRECTOR X 0 0 0 CHARLES RIDLER DIRECTOR X 0 0 0 CATHALINA ZUNIGA DIRECTOR X 0 0 0 LARRY LEE DIRECTOR X 0 0 0 false false false 101113 101113 RESIDENT RENTS 531110 122309 122309 TENANT CHARGES 533110 10256 10256 LAUNDRY AND VENDING INC. 533110 2477 2477 135042 45 45 236200 135042 45 37509 37509 7264 7264 724 724 275 275 9250 9250 4563 4563 57923 57923 28199 28199 31854 31854 PROP AND LIABILITY INSURA 26232 26232 CONTRACTS 21084 21084 MANAGEMENT FEE 20844 20844 BAD DEBT 12583 12583 27640 27640 285944 242992 42952 0 1100 1888 11810 11672 372 371 1505860 886100 650435 619760 22425 11837 686142 645528 18293 41370 594794 579827 6966 7986 620053 629183 X 66089 16345 66089 16345 686142 645528 -49744 X false true X true true true 7092 7092 1423032 886100 536932 75736 75736 619760 TENANT SECURITY DEPOSITS 7986 7986 236200 236200 236200 285944 285944 285944 FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION HIRED AN INDEPENDENT MANAGEMENT COMPANY, VAN BINSBERGEN & ASSOCIATES, LLC. TO PERFORM DAY TO DAY FUNCTIONS. FORM 990, PAGE 6, PART VI, LINE 7B ON-GOING OPERATIONS ARE HANDLED BY THE MANAGEMENT COMPANY. THE BOARD OF DIRECTORS MEETS ON A REGULAR BASIS TO REVIEW OPERATIONS OF THE PROPERTY. DECISIONS REGARDING MAJOR EXPENDITURES, CHANGES IN POLICIES/PROCEDURES AND OTHER EXTRAORDINARY ISSUES ARE MADE BY THE BOARD AFTER OBTAINING SUGGESTIONS AND RECOMMENDATIONS FROM MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY A PROFESSIONAL ACCOUNTING FIRM THAT HAS EXPERTISE IN SUCH MATTERS. THE BOARD OF DIRECTORS IS COMPRISED OF VOLUNTEERS WITH NO SPECIFIC ACCOUNTING OR TAX EXPERIENCE. THE BOARD RELIES ON THE DATA PREPARED BY THE ACCOUNTING FIRM, SO NO FORMAL BOARD REVIEW IS CONDUCTED. UNLESS SPECIFIC CONCERNS ARE RAISED, THE BOARD WILL APPROVE THE 990 AS PRESENTED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.