2024-10-21T12:57:42-05:00 2023-12-31 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-01-01 363518765 MATTHEWS PARK HOUSING CORPORATION MATT 6123388729 CO SEWARD REDESIGN INC MINNEAPOLIS MN 55406 ANDREW HESTNESS EXECUTIVE DIRECTOR 6124350275 2024-10-17 1 0 DEANNA SOMVONG P03035760 6512276695 2024-10-17 2023 2024-10-15 13:58:12Z ANDY HESTNESS C/O SEWARD REDESIGN INC MINNEAPOLIS MN 55406 395559 0 X N/A X 1986 MN MATTHEWS PARK HOUSING CORPORATION IS A NONPROFIT CORPORATION ORGANIZED TO ACQUIRE AND OPERATE A 24 UNIT APARTMENT BUILDING IN MINNEAPOLIS, MN FOR LOW AND MODERATE INCOME PERSONS UNDER A PROGRAM OF THE MN HOUSING FINANCE AGENCY. 3 2 0 0 0 0 0 0 383849 395487 35 72 0 0 383884 395559 0 0 0 0 0 0 0 0 0 331215 396438 331215 396438 52669 -879 1089921 1157636 565912 634506 524009 523130 MATTHEWS PARK HOUSING CORPORATION IS A NONPROFIT CORPORATION ORGANIZED TO ACQUIRE AND OPERATE A 24 UNIT APARTMENT BUILDING IN MINNEAPOLIS, MN FOR LOW AND MODERATE INCOME PERSONS UNDER A PROGRAM OF THE MN HOUSING FINANCE AGENCY. 0 0 396438 395487 TO OWN AND OPERATE A 24-UNIT APARTMENT BUILDING IN MINNEAPOLIS, MINNESOTA. 396438 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X ANDY HESTNESS 6123388729 2619 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55406 ANDREW HESTNESS PRESIDENT 1.00 40.00 X X 0 146300 15762 SHELDON MAINS VICE PRESIDENT 1.00 X X 0 0 0 CLAUDIA KLINKHAMMER SECRETARY AND TREASURER 1.00 X X 0 0 0 0 146300 15762 0 0 1 0 0 RENTAL INCOME 531110 395487 395487 395487 72 72 395559 395487 0 72 54874 54874 31827 31827 MAINTENANCE & OPERATING 165079 165079 ADMINISTRATIVE 81143 81143 UTILITIES 29206 29206 REAL ESTATE TAXES 26533 26533 7776 7776 396438 396438 0 0 79515 133181 549945 572242 21092 4700 23760 19591 1761084 1333162 415609 427922 1089921 1157636 32678 83305 3664 22800 520000 520000 9570 8401 565912 634506 X 524009 523130 524009 523130 1089921 1157636 -879 0 X X 0 1 X 1 0 29835 29835 1651100 1253013 398087 80149 80149 0 427922 TENANT SECURITY DEPOSITS 8401 8401 X 395559 0 395559 0 395559 396438 0 396438 0 396438 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE INCOME TAX LAWS. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS OF TAX RETURNS. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. 0 0 0 0 0 0 0 0 0 ANDREW HESTNESS PRESIDENT 0 146300 0 0 0 0 0 0 0 15762 0 162062 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE OFFICERS OF MATTHEWS PARK CORPORATION ARE ALSO BOARD MEMBERS OF SEWARD REDESIGN, INC. FORM 990, PART VI, SECTION A, LINE 3 FLEETHAM ADVANTAGE DBA PERENNIAL MANAGEMENT MANAGES THE PROJECT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY EACH YEAR AND ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A A WRITTEN PERFORMANCE REVIEW IS PREPARED BY THE BOARD CHAIR OF SEWARD REDESIGN, INC. IN CONSULTATION WITH OTHER OFFICES AND THE REVIEW OF COMPARABILITY DATA PROVIDED BY LOCAL INITIATIVES SUPPORT CORPORATION AND/OR THE MINNESOTA COUNCIL OF NON-PROFITS AS WELL AS DATA FROM OTHER SIMILAR SIZE NON-PROFIT COMMUNITY DEVELOPMENT CORPORATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SEWARD REDESIGN INC 2619 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55406 237290844 COMMUNITY DEVELOPMENT MN 501(C)(3) LINE 7 SEWARD REDESIGN INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0