2026-04-20T17:40:06-07:00 2025-06-30 990 2024-07-01 237029195 FAITH HAVEN INCORPORATED FAIT 2186282602 4901 Grand Ave Suite 105 Duluth MN 55807 Monica Postlewaite Office Manager 2186282602 2026-05-15 1 2024 2025-03-06 01:10:19Z Monica Postlewaite 4901 Grand Ave Suite 105 Duluth MN 55807 1348083 0 X faithhaven.net X 1968 MN Faith Haven, Incorporated was organized to operate a senior citizen apartment complex under the guidelines of the US Department of Housing and Urban Development Section 236. 10 10 5 15 0 0 132750 16 1227958 1227598 48765 49661 38721 37251 1448194 1314526 0 0 0 0 307442 301049 0 0 0 676193 515725 983635 816774 464559 497752 2641634 3101820 425457 387891 2216177 2713929 Faith Haven, Incorporated was organized to operate a senior citizen apartment complex under the guidelines of the US Department of Housing and Urban Development Section 236. 0 0 744624 0 1314526 Faith Haven, Inc., provides safe & affordable housing for people aged 62 or better who are facing financial challenges. The residents must have an income at or below 60% of the area median income. The average annual resident income is $25,000. The average age is 75, and they live here an average of 6.5 years. 65% of our residents are female. For residents who qualify, staff assists in obtaining Housing Choice Vouchers to apply towards rent. Our facility has ten stories, with 123 one bedroom apartments. Residents living on the top three floors enjoy spectacular views of Lake Superior. They have access to a library, beauty shop, fitness center, laundry, and general store, which are all located on site. A Service Coordinator is on staff to assist residents with life challenges. 0 0 0 744624 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 11 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X Monica Postlewaite 2186282602 4901 Grand Avenue Suite 105 Duluth MN 55807 Monica Postlewaite Manager 40 0 X 77888 0 14000 Kathy Resberg President 5 0 X 0 2350 0 John Scott Board Member 1 0 X 0 1875 0 John Lewis Treasurer 1 0 X 0 1750 0 Charles Bell Vice President 1 0 X 0 1625 0 Dan Donofrio Board Member 1 0 X 0 1500 0 Gary Schneider Board Member 1 0 X 0 1375 0 George Balach Board Member 1 0 X 0 1375 0 Richard Nelson Board Member 1 0 X 0 1375 0 Deb Adams-Koltes Secretary 1 0 X 0 1250 0 Elizabeth Davis Board Member 1 0 X 0 1125 0 77888 15600 14000 0 0 0 0 0 0 0 0 0 0 16 0 16 Housing 531110 1227598 1227598 0 0 0 0 0 0 1227598 49661 49661 0 0 0 0 0 0 752 752 0 0 2400 0 0 0 2400 0 2400 2400 0 0 0 0 0 40446 33557 6889 6889 0 0 Laundry 812310 15223 15223 0 0 Cell Tower Leases 812900 11619 11619 0 0 368 368 0 0 27210 1314526 1314510 0 0 0 0 0 0 0 0 0 0 71000 50000 21000 0 0 0 0 0 156563 156563 0 0 12038 10838 1200 0 42431 38231 4200 0 19017 17117 1900 0 0 0 0 0 4628 4628 0 0 18430 17430 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5116 5116 0 0 11665 9665 2000 0 10598 7598 3000 0 0 0 0 0 258739 238739 20000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85488 85488 0 0 87751 85751 2000 0 Board Stipens 15850 0 15850 0 Tenant Relations 13058 13058 0 0 Licenses, Permits, & Taxes 4402 4402 0 0 816774 744624 72150 0 724485 282822 1225201 2302650 0 140361 -282 2532 2501 53657 64421 4008144 3558436 495398 449708 2641634 3101820 58339 35236 334058 322437 33060 30218 425457 387891 X 2216177 2713929 0 0 2216177 2713929 2641634 3101820 497752 0 0 0 0 0 X 0 1 X 1 0 X 28 1030 786 132750 16 134610 891302 883499 1027982 1255060 1227958 5285801 891330 884529 1028768 1387810 1227974 5420411 5420411 49035 -23415 22706 48765 74933 172024 49035 -23415 22706 48765 74933 172024 47642 14 0 11619 11619 70894 988007 861128 1051474 1448194 1314526 5663329 0.95711 0.96791 0.03038 0.02067 X Schedule A, Part III, Line 12 Miscellaneous income 119685 0 119685 2867910 0 2750000 117910 134655 0 35488 99167 618798 0 591948 26850 267096 0 181000 86096 449708 0 Tenant Deposits Held in Trust 30218 30218 1314526 0 0 0 0 0 1314526 0 0 0 1314526 816774 0 0 0 0 0 816774 0 0 0 816774 Form 990, Part VI, Section B, Line 11b Part VI Section A 11a. A copy of the completed Form 990 is provided to each board member prior to submission for review and approval. Form 990, Part VI, Section B, Line 12c The board reviews the possibility for potential conflicts annually. Form 990, Part VI, Section B, Line 15 The board looks at compensation packages offered to employees in similar positions in the community. Form 990, Part VI, Section C, Line 19 Community members may access the organizations documents via public websites or by requesting copies of said documents directly from the organiation.