2026-07-07T10:00:39-04:00 2025-09-30 410978542 HOFFMAN & BROBST PLLP PO BOX 548 MARSHALL MN 56258 990 2024-10-01 237329242 HOUSING OF OLIVIA INC HOUS 3202696640 540 1ST ST MONTEVIDEO MN 56265 AARON WALTON PRESIDENT 3202696640 2026-05-18 true CARLTON JOHNSON CPA P01984174 5075325735 2026-05-19 2024 2025-03-06 01:10:19Z AARON WALTON 801 EAST LINCOLN AVE OLIVIA MN 56277 221153 false X X 1970 MN PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS 5 5 0 3 0 94907 81618 152269 139483 67 52 0 247243 221153 0 0 0 0 0 273329 237851 273329 237851 -26086 -16698 614979 602165 624720 628604 -9741 -26439 PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND LOW-INCOME INDIVIDUALS false false 237851 139483 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULLNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NONPROFIT BASIS. 237851 false false false false false false false false false true false false false true 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 true 4 0 0 false false false false false false false false false false false false false false X 5 5 false true false false false false false true true false false true true true true false false false false false MN X VAN BINSBERGEN & ASSOCIATES 3202696640 540 SOUTH 1ST STREET MONTEVIDEO MN 56265 X CHARLES RIDLER DIRECTOR X 0 0 0 AARON WALTON PRESIDENT X X 0 0 0 CATHALINA WALTON DIRECTOR X 0 0 0 false false false 81618 81618 TENANT RENTS 117382 117382 TENANT CHARGES 16966 16966 LAUNDRY 2242 2242 MISCELLANEOUS 1950 1950 SPECIAL CLAIMS 943 943 139483 52 52 221153 139483 52 26208 26208 2750 2750 802 802 50868 50868 129 129 28023 28023 37704 37704 BAD DEBT 27105 27105 SITE MANAGEMENT 21765 21765 MISCELLANEOUS EXPENSE 14807 14807 CONTRACTS 13514 13514 14176 14176 237851 237851 0 0 1208 535 10214 18823 12732 7842 371 371 1518029 943435 590454 574594 614979 602165 10081 9919 544 867 565464 565464 48631 52354 624720 628604 X -9741 -26439 -9741 -26439 614979 602165 -16698 X true X false true false 7092 7092 1423033 868386 554647 87904 75049 12855 574594 MANAGEMENT FEE PAYABLE 42977 TENANT SECURITY DEPOSITS 7115 ACCRUED INTEREST 2262 52354 X SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT HOUSING OF OLIVIA, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501 (C) (4), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION IS MANAGED BY VAN BINSBERGEN & ASSOCIATES, 540 S 1ST STREET, MONTEVIDEO, MN 56265 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEED BY THE BOARD OF DIRECTORS PRIOR TO APPROVAL AND SUBMISSION TO THE IRS FORM 990, PAGE 6, PART VI, LINE 12C TH ORGANIZATION HAS A CONFLICT OF INTEREST POLICY REQUIRING ALL MEMBERS OF THE BOARD DISCLOSURE ANY RELATED PARTIES EITHER RESIDING IN THE BUILDING OR DOING BUSINESS WITH THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.