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Nonprofit · EIN 20-4590755

CLEAR SPRING ROAD RESIDENCES INC

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$84K$79K2023$37K$46K2024
Revenue Expenses · by fiscal year end
Financials of CLEAR SPRING ROAD RESIDENCES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$36,901$45,698-$8,797$971,662$1,197,267-$225,605
December 31, 2023990$84,172$78,982$5,190$981,188$1,197,996-$216,808
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$36,660
Investment income
$241
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,750
Occupancy
$30,783
Depreciation
$6,387
Program services (functional)
$41,547
Management and general (functional)
$4,151

Balance sheet and other

Total assets, start of year
$981,188
Total assets, end of year
$971,662
Total liabilities, end of year
$1,197,267
Net assets, end of year
-$225,605
Land, buildings and equipment
$871,463
Net assets without donor restrictions
-$225,605
Gross receipts
$36,901
Employees
0
Volunteers
0
Year formed
2006
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSHUA KRSNAKSECRETARY
Trustee or director, Officer
1$0
JUSTIN SWANSONCHAIR
Trustee or director, Officer
1$0
JESSE HALLSTROMTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOSHUA KRSNAKSECRETARY
Trustee or director
1$0
JUSTIN SWANSONCHAIR
Trustee or director
1$0
JESSE HALLSTROMTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
800 LASALLE AVE STE 1250, MINNEAPOLIS, MN 55402-2062
In care of
% JOHN T EVERETT
Principal officer (990 for 2024)
JESSE HALLSTROM, 800 LASALLE AVENUE 1250, MINNEAPOLIS, MN 55402
Signed the 990
JESSE HALLSTROM, TREASURER
Phone
(612) 355-2626
Return prepared by
MAHONEY ULBRICH CHRISTIANSEN & RUSS PA

Mission

TO PROVIDE HOUSING FOR PEOPLE WITH DISABILITIES AND MENTAL HEALTH ISSUES.

990 for the year ended December 31, 2024

Program accomplishments

  • A GROUP OF THREE BUILDINGS IN A CAMPUS SETTING THAT EACH HAVE FOUR STUDIO APARTMENTS FOR PEOPLE WITH A MEDICALLY DIAGNOSED MENTAL ILLNESS AND ARE EXTREMELY LOW-INCOME. VARIOUS SUPPORT SERVICES ARE AVAILABLE FOR INDIVIDUALS TO CHOOSE FROM TO HELP THEM LIVE INDEPENDENTLY, PARTICIPATE IN THEIR COMMUNITY, AND LIVE THEIR GREATEST LIVES.
    Expenses $41,547 · revenue $36,660

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4590755
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
2006
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$971,662
Income (IRS master file)
$36,901

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$36,901$45,698$971,662XML
990December 2023$84,172$78,982$981,188XML
990December 2022$59,601$158,749$988,756IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 20-4590755).

Questions about CLEAR SPRING ROAD RESIDENCES INC

What is the EIN of CLEAR SPRING ROAD RESIDENCES INC?
The employer identification number (EIN) of CLEAR SPRING ROAD RESIDENCES INC is 20-4590755.
Is CLEAR SPRING ROAD RESIDENCES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to CLEAR SPRING ROAD RESIDENCES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEAR SPRING ROAD RESIDENCES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CLEAR SPRING ROAD RESIDENCES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLEAR SPRING ROAD RESIDENCES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CLEAR SPRING ROAD RESIDENCES INC?
The 990 for the year ended December 31, 2024 names JESSE HALLSTROM.
Who are the officers and directors of CLEAR SPRING ROAD RESIDENCES INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does CLEAR SPRING ROAD RESIDENCES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $36,901, expenses of $45,698 and total assets of $971,662 at year end.

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