2024-05-14T13:30:09-05:00 2023-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-01-01 411377647 MADELIA HOUSING INC CO SMR MANAGEMENT MADE 5076428822 201 N BROAD STREET SUITE 109 MANKATO MN 56001 KATIE WOLLE CURRENT PRESIDENT 5076428822 2024-05-13 1 KATIE WOLLE 999009999 0 DEANNA SOMVONG P03035760 6512276695 2024-05-13 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KATIE WOLLE 201 N BROAD STREET SUITE 109 MANKATO MN 56001 341512 0 X N/A X 1982 MN PROVIDE LOW INCOME HOUSING. 7 7 0 0 0 0 0 0 336753 341435 33 77 0 0 336786 341512 0 0 0 0 0 0 0 0 0 326523 326117 326523 326117 10263 15395 719628 669015 1349701 1283693 -630073 -614678 PROVIDE LOW INCOME HOUSING 0 0 326117 341435 OPERATE A 40-UNIT APARTMENT COMPLEX WITH THREE BUILDINGS LOCATED IN MADELIA, MINNESOTA. 326117 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MN X SMR MANAGEMENT INC 5073451290 201 N BROAD ST SUITE 109 MANKATO MN 56001 X KARLA ANGUS PRESIDENT 1.00 X X 0 0 0 JOAN K HELLING VICE PRESIDENT 1.00 X X 0 0 0 RYAN VISHER BOARD MEMBER 1.00 X 0 0 0 BEN ODEGARD BOARD MEMBER 1.00 X 0 0 0 DAVID BECK BOARD MEMBER 1.00 X 0 0 0 DAVID WALZ BOARD MEMBER 1.00 X 0 0 0 CHRIS FISCHER SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 341435 341435 341435 77 77 341512 341435 0 77 27637 27637 29739 29739 48407 48407 20695 20695 OPERATING AND MAINTENAN 93956 93956 ADMINISTRATIVE 55467 55467 UTILITIES 36131 36131 TAXES 14085 14085 326117 326117 0 0 98952 100337 150402 4573 2557 8660 11666 1838386 1434333 452460 404053 32273 122710 0 719628 669015 3751 7535 356 1331505 1263774 14445 12028 1349701 1283693 X -630073 -614678 -630073 -614678 719628 669015 15395 0 X X 0 1 X 1 1 1 X 0 0 59 16 26 33 77 211 211 1584715 0.00000 X 33800 33800 1620875 1262257 358618 183711 172076 11635 404053 TENANT SECURITY DEPOSITS 12028 12028 X 341512 0 341512 0 341512 326117 0 326117 0 326117 PART X, LINE 2: THE ORGANIZATION IS A CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE INCOME TAX LAWS. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES TO A THIRD PARTY MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE RETURN AND RELATED PROJECT FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD AT THE ANNUAL BOARD MEETING. THE PREPARER IS PRESENT TO EXPLAIN THE REPORTS AND ANSWER ANY QUESTIONS. ONE OF THE BOARD MEMBERS SIGNS THE RETURN SO IT CAN BE FILED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.