Nonprofit · EIN 20-0423817
FAITH RESIDENCE APARTMENTS INC
Tax-exempt · BELLE PLAINE, MN 56011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $93,669 | $125,869 | -$32,200 | $582,113 | $186,210 | $395,903 |
| September 30, 2024 | 990 | $91,636 | $118,661 | -$27,025 | $601,231 | $173,128 | $428,103 |
| September 30, 2023 | 990 | $76,371 | $117,764 | -$41,393 | $632,232 | $177,104 | $455,128 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $92,559
- Investment income
- $271
- Other revenue
- $839
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $16,936
- Salaries, compensation and benefits (total)
- $18,551
- Professional fundraising fees
- $0
- Legal fees
- $2,564
- Accounting fees
- $8,690
- Occupancy
- $31,050
- Depreciation
- $33,530
- Program services (functional)
- $79,818
- Management and general (functional)
- $46,051
Balance sheet and other
- Total assets, start of year
- $601,231
- Total assets, end of year
- $582,113
- Total liabilities, end of year
- $186,210
- Net assets, end of year
- $395,903
- Land, buildings and equipment
- $567,107
- Net assets without donor restrictions
- $395,903
- Gross receipts
- $93,669
- Employees
- 0
- Year formed
- 2003
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK HAYES | PRESIDENT & Trustee or director, Officer | 2 | $0 | $120,910 | $22,022 |
| REV JOHN BOEDER | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR THOMAS GROOM | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR JON MAERTZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MICHAEL MUEHLENHARDT | VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR RANDY NIEMANN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MATHEW C RAUH | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR TIM SCHUTH | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR LANCE SCHWARTZ | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK HAYES | PRESIDENT & Trustee or director, Officer | 2 | $0 | $119,425 | $21,403 |
| REV JOHN BOEDER | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR JEFF DAVIS | VICE CHAIR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR JON MAERTZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MICHAEL MUEHLENHARDT | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR RANDY NIEMANN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MATHEW C RAUH | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR TIM SCHUTH | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR LANCE SCHWARTZ | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK HAYES | PRESIDENT & Trustee or director, Officer | 2 | $0 | $119,774 | $20,170 |
| CHRIS MEYER | FORMER PRESI Trustee or director, Officer | 2 | $0 | $123,824 | $0 |
| REV JOHN BOEDER | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR JEFF DAVIS | VICE CHAIR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR JON MAERTZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MICHAEL MUEHLENHARDT | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MR RANDY NIEMANN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| REV MATHEW C RAUH | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR TIM SCHUTH | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MR LANCE SCHWARTZ | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 337 S MERIDIAN ST, BELLE PLAINE, MN 56011-1919
- Principal officer (990 for 2024)
- MARK HAYES, 337 SOUTH MERIDIAN ST, BELLE PLAINE, MN 56011
- Signed the 990
- MARK HAYES, PRESIDENT & CEO
- Phone
- (952) 873-6000
- Website
- WWW.THLA.ORG
- Return prepared by
- SLS INC
Mission
TO SHARE CHRIST'S LOVE AS WE SERVE THE SPIRITUAL, PHYSICAL, INTELLECTUAL AND EMOTIONAL NEEDS OF PEOPLE ENTRUSTED TO OUR CARE AND OTHERS WHOSE LIVES WE TOUCH.
Program accomplishments
- FAITH RESIDENCE APARTMENTS, INC. OPERATES AN 8-UNIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR PERSONS WITH DISABILITIES IN BELLE PLAINE, MN. TENANT RENTS CONSIST OF A PORTION FOR WHICH IS BASED ON TENANT INCOME AND A PORTION THAT IS SUBSIDIZED THROUGH A RENTAL ASSISTANCE CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. DURING THE CURRENT FISCAL YEAR, 2,859 UNIT DAYS WERE RENTED.Expenses $79,818 · revenue $92,559
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-0423817
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $582,113
- Income (IRS master file)
- $93,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $93,669 | $125,869 | $582,113 | XML |
| 990 | September 2024 | $91,636 | $118,661 | $601,231 | XML |
| 990 | September 2023 | $76,371 | $117,764 | $632,232 | XML |
| 990 | September 2022 | $75,988 | $111,455 | $673,278 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0423817).
Questions about FAITH RESIDENCE APARTMENTS INC
- What is the EIN of FAITH RESIDENCE APARTMENTS INC?
- The employer identification number (EIN) of FAITH RESIDENCE APARTMENTS INC is 20-0423817.
- Is FAITH RESIDENCE APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to FAITH RESIDENCE APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAITH RESIDENCE APARTMENTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FAITH RESIDENCE APARTMENTS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAITH RESIDENCE APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of FAITH RESIDENCE APARTMENTS INC?
- The 990 for the year ended September 30, 2025 names MARK HAYES.
- Who are the officers and directors of FAITH RESIDENCE APARTMENTS INC?
- The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FAITH RESIDENCE APARTMENTS INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $93,669, expenses of $125,869 and total assets of $582,113 at year end.
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- BELLE PLAINE FIRE DEPARTMENT RELIEF ASSOCIATION EIN 41-6028872 · last filed 990 for 2024
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All nonprofits in BELLE PLAINE · Minnesota · Housing and shelter