2026-07-02T16:45:36-04:00 2025-12-31 450443064 POINT CPA INC PO BOX 1411 BISMARCK ND 585021411 990 2025-01-01 450333793 VELVA RENTAL HOUSING INC VELV 7013898353 PO BOX 27 VELVA ND 58790 LINDA BEALL PRESIDENT 7014834432 2026-05-04 MAXINE BONDESON CPA P00640370 7017513646 2026-05-04 2025 2025-03-06 01:10:19Z LINDA BEALL PO BOX 27 VELVA ND 58790 200653 false X X 1976 ND TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY, AND FOR THAT PURPOSE ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME OR OTHER RURAL RESIDENTS OF LOW INCOME. 4 4 0 0 40216 44170 150944 156443 1272 40 0 192432 200653 0 0 0 0 0 207523 218282 207523 218282 -15091 -17629 584312 553630 548708 535655 35604 17975 X TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY, AND FOR THAT PURPOSE ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME OR OTHER RURAL RESIDENTS OF LOW INCOME. false false 165176 156443 TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND FOR THAT PURPOSE TO ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME OR OTHER RURAL RESIDENTS OF LOW INCOME. 165176 false true false false false false false false false true false false 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 false false true 8 0 true 0 false false false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true false false false true false X LINDA BEALL 7013898353 PO BOX 27 VELVA ND 58790 X LINDA BEALL PRESIDENT 0.25 X X 0 0 0 JULIE ANDERSON MEMBER 0.25 X 0 0 0 PAMELA JEMTRUD BOARD MEMBER 0.25 X 0 0 0 LANCE SELZLER MEMBER 0.25 X 0 0 0 false false false 44170 44170 RENTAL INCOME 531110 156443 156443 156443 40 40 200653 156443 40 37945 13000 24945 608 608 1835 1835 907 907 2812 2812 1624 1624 28071 28071 538 538 104 104 19733 19733 44297 44297 16241 16241 REPAIRS & MAINTENANCE 45400 45400 REAL ESTATE TAXES 17737 17737 RURAL DEVELOPMENT OVERAGE 430 430 218282 165176 53106 0 40984 53860 2786 3525 4105 4105 1560246 1068106 536437 492140 584312 553630 27961 30931 2695 1220 490120 27932 503504 548708 535655 X 35604 17975 35604 17975 584312 553630 -17629 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77249 77249 1428478 1068106 360372 54519 54519 492140 NOTE PAYABLE - BANK MORTGAGE 360022 NOTE PAYABLE - RURAL DEV 3 56704 NOTE PAYABLE - RURAL DEV 2 53713 TENANT SECURITY DEPOSITS 16868 DUE TO OWNER/AHDI 6944 INTERCOMPANY PAYABLE 6738 RURAL DEV/RENT ASSIST OVERAGE 1270 ACCRUED INTEREST 1096 INTEREST ON TENANT SECURITY DEPOSITS 149 503504 FORM 990 - ORGANIZATION'S MISSION TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY, AND FOR THAT PURPOSE ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME OR OTHER RURAL RESIDENTS OF LOW INCOME. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM IS REVIEWED BY BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C RURAL DEVELOPMENT MONITORS THEIR IDENTITY OF INTERESTS REPORTS FORM 990, PAGE 6, PART VI, LINE 15B EMPLOYEES' COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS TAKING INTO CONSIDERATION STANDARDS SET BY THE OFFICE OF RURAL DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS AVAILABLE UPON REQUEST.