2025-11-03T11:24:25-06:00 2025-06-30 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2024-07-01 411717910 ALLIANCE HOUSING INC ALLI 6128797633 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 JESSIE HENDEL EXECUTIVE DIRECTOR 6128740311 2025-10-28 1 0 TONYA J SHELDON P01270696 6512276695 2025-10-28 2024 2025-03-06 01:10:19Z JESSIE HENDEL 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 5709957 0 X WWW.ALLIANCEHOUSINGINC.ORG X 1991 MN ALLIANCE'S WORK MAKES IT POSSIBLE FOR INDIVIDUALS AND FAMILIES TO CREATE HOMES FOR THEMSELVES, REGARDLESS OF INCOME AND BACKGROUND BY DEVELOPING AND MANAGING HOUSING THAT IS INCLUSIVE, AFFORDABLE, RELATIONAL, AND FLEXIBLE.IN ADDITION, ALLIANCE HOUSING CHALLENGES THE ENVIRONMENT THAT LIMITS OUR RESIDENTS' OPPORTUNITIES. 11 11 16 0 0 0 1675713 2029744 1914764 1712195 0 -223115 231549 303132 3822026 3821956 0 0 0 0 467052 711079 0 0 35939 2433422 1734558 2900474 2445637 921552 1376319 13943726 33669059 8832128 27181142 5111598 6487917 X ALLIANCE'S WORK MAKES IT POSSIBLE FOR INDIVIDUALS AND FAMILIES TO CREATE HOMES FOR THEMSELVES, REGARDLESS OF INCOME AND BACKGROUND BY DEVELOPING AND MANAGING HOUSING THAT IS INCLUSIVE, AFFORDABLE, RELATIONAL, AND FLEXIBLE. IN ADDITION, ALLIANCE HOUSING CHALLENGES THE ENVIRONMENT THAT LIMITS OUR RESIDENTS' OPPORTUNITIES. 0 0 1997629 2054161 2024/2025 ACCOMPLISHMENTS:ALLIANCE CREATED THE OPPORTUNITY FOR 417 HOUSEHOLDS TO CREATE HOMES FOR THEMSELVES, REGARDLESS OF HOUSING AND/OR CRIMINAL HISTORY. THE AVERAGE LENGTH OF STAY IN ALLIANCE HOUSING HOMES IS 2.5 YEARS WITH MORE THAN HALF OF RESIDENTS TRANSITIONING TO GREATER HOUSING STABILITY WHEN THEY MOVE OUT. MORE THAN HALF OF OUR RESIDENTS WOULD BE SCREENED OUT BY OTHER LANDLORDS. 50% OF RESIDENTS INCREASE THEIR INCOME ONCE HOUSED WITH ALLIANCE, LEADING TO GREATER LONG-TERM STABILITY. ALLIANCE BEGAN CONSTRUCTION OF KYLE GARDEN SQUARE, A 59-UNIT PERMANENT SUPPORTIVE HOUSING COMMUNITY IN ELLIOT PARK NEIGHBORHOOD OF MINNEAPOLIS. CONSTRUCTION WILL BE COMPLETED IN OCTOBER 2025, WITH NEW RESIDENTS MOVING IN IMMEDIATELY FOLLOWING. ALLIANCE IMPROVED BUILDING OCCUPANCY RATES TO AN AVERAGE OF 95%. 1997629 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 33 0 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X CLIFFORD STEBNER 6128702267 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 CASIE MOEN PRESIDENT 1.00 X X 0 0 0 MIRANDA WALKER VICE PRESIDENT 1.00 X X 0 0 0 DEAN LEDOUX SECRETARY 1.00 X X 0 0 0 AMY SCHMID TREASURER 1.00 X X 0 0 0 BEN OLK III DIRECTOR 1.00 X 0 0 0 MARILYN NELSON DIRECTOR 1.00 X 0 0 0 TICA HANSON DIRECTOR 1.00 X 0 0 0 JARETT LETTNER DIRECTOR 1.00 X 0 0 0 SCOTT REDD DIRECTOR 1.00 X 0 0 0 CHRIS WILSON DIRECTOR 1.00 X 0 0 0 YVONNE RASHIDA JACKSON DIRECTOR 1.00 X 0 0 0 JESSIE HENDEL EXECUTIVE DIRECTOR 40.00 X 116149 0 15679 116149 0 15679 1 0 0 0 0 35093 1598196 396455 2029744 PARTNERSHIP DEVELOPER FEES 531310 827000 827000 HOUSING RENTALS 531110 788812 788812 MISCELLANEOUS INCOME 531310 91536 91536 PARTNERSHIP MANAGEMENT FEES 531310 5000 5000 LOSS ON LP INVESTMENTS 531110 -153 -153 1712195 1626052 1849167 -223115 -223115 -223115 0 35093 38834 -38834 -38834 INSURANCE PROCEEDS 900099 341966 341966 341966 3821956 2054161 0 -261949 131828 100677 29833 1318 464154 260501 187334 16319 52777 9714 42491 572 62320 28534 26872 6914 49757 49501 256 117641 29300 88341 97981 84487 2806 10688 78521 59196 19204 121 298481 293941 4540 6004 5074 930 34532 29478 5054 299792 297231 2561 87630 87630 MAINTENANCE 529899 529899 PROJECT EXPENSES 125387 125387 LICENSING AND DUES 8933 7079 1847 7 2445637 1997629 412069 35939 451608 159903 1093072 3184071 2500 0 133412 34950 65773 29198442 3834163 5672603 25364279 4363638 4379410 2226893 480673 13943726 33669059 512055 3263257 7769866 23588859 550207 329026 8832128 27181142 X 5111598 6487917 5111598 6487917 13943726 33669059 1376319 0 X X 0 1 X 1 0 X 984494 1201631 1903304 1675713 2029744 7794886 984494 1201631 1903304 1675713 2029744 7794886 1092986 6701900 231549 341966 573515 8368401 6946449 0.80090 0.79880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1196900 1196900 28001542 3834163 24167379 25364279 NOTE RECEIVABLE - LIMITED PARTNERSHIPS 2615774 C INVESTMENT IN LIMITED PARTNERSHIPS 1763636 C 4379410 SECURITY DEPOSITS 52487 LEASE LIABILITY 25956 ESTIMATED CASUALTY LOSS 250583 329026 X PART X, LINE 2: ALLIANCE IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM MINNESOTA INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES ALLIANCE DID NOT HAVE ANY UNRELATED BUSINESS INCOME. ALLIANCE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE INCOME TAX RETURNS FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. FUNDRAISING BREAKFAST 35093 35093 38834 0 35093 35093 38834 38834 -38834 FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS ARE SENT A COPY OF 990 AND ASKED TO REVIEW, AND THEN TO BRING ANY QUESTIONS ABOUT THIS REPORT TO THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST INFORMATION FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 BOARD PRESIDENT RESEARCHED COMPENSATION OF EXECUTIVE DIRECTORS OF ORGANIZATIONS OF COMPARATIVE SIZE AND REPORTED TO DIRECTORS THAT EXECUTIVE DIRECTOR'S COMPENSATION WAS AVERAGE FOR AN ORGANIZATION OF THIS SIZE. PROPERTY MANAGER'S SALARIES ARE BASED ON THE MINNESOTA COUNCIL OF NONPROFITS SALARY AND BENEFITS SURVEY. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE UPON REQUEST AT THE OFFICES OF ALLIANCE HOUSING. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NORTH PENN SUPPORTIVE HOUSING LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE MN 107047 355623 N/A GATEWAY HOUSING LOFTS LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE MN -28 -44 N/A MINNEHAHA COMMONS GP LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE MN -36 -206 N/A ALLIANCE HOUSING PROPERTY DEVELOPMENT LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE PREDEVELOPMENT EXPENSES MN 0 35803 N/A NICOLLET GP LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE MN -66 -153 N/A KYLE GARDEN SQUARE LLC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 411717910 RENTAL REAL ESTATE MN 0 20897792 N/A ALLIANCE LIMITED PARTNERSHIP 1625 PARK AVENUE MINNEAPOLIS MN 55404 411834604 RENTAL REAL ESTATE MN AEON RELATED 0 1 0.00500 HIAWATHA HOUSING LIMITED PARTNERSHIP 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 141890362 RENTAL REAL ESTATE MN ALLIANCE HOUSING INC RELATED -290440 4851907 0 1 0.00010 BROADWAY HOUSING LIMITED PARTNERSHIP 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 272670020 RENTAL REAL ESTATE MN ALLIANCE HOUSING INC RELATED -39 774790 0 1 0.00010 MINNEHAHA COMMONS LIMITED PARTNERSHIP 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 824436285 RENTAL REAL ESTATE MN N/A 0 1 3301 NICOLLET LIMITED PARTNERSHIP 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 862169510 RENTAL REAL ESTATE MN N/A 0 1 AHIFP INC 2309 NICOLLET AVENUE MINNEAPOLIS MN 55404 204664510 RENTAL REAL ESTATE MN ALLIANCE HOUSING INC C 3 -479 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HIAWATHA HOUSING LIMITED PARTNERSHIP D 388329 CASH ADVANCED BROADWAY HOUSING LIMITED PARTNERSHIP D 341520 CASH ADVANCED MINNEHAHA COMMONS LIMITED PARTNERSHIP D 1000000 CASH ADVANCED 3301 NICOLLET LIMITED PARTNERSHIP D 870000 CASH ADVANCED