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Nonprofit · EIN 27-3983571

AFFORDABLE HOMES FOR ALL

Tax-exempt · MINNEAPOLIS, MN 55405

Financials

$944K$526K2023$878K$179K2024
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOMES FOR ALL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$877,939$178,919$699,020$30,615,013$0$30,615,013
June 30, 2024990$944,222$525,767$418,455$29,915,993$0$29,915,993
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$785,646
Investment income
$92,293
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$71,032
Accounting fees
$22,750
Program services (functional)
$80,683
Management and general (functional)
$98,236

Balance sheet and other

Total assets, start of year
$29,915,993
Total assets, end of year
$30,615,013
Total liabilities, end of year
$0
Net assets, end of year
$30,615,013
Net assets without donor restrictions
$30,615,013
Gross receipts
$877,939
Employees
0
Volunteers
5
Year formed
2010
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN MILLERCHAIR
Trustee or director, Officer
1$0
JOSEPH L HOLMBERGPRESIDENT
Trustee or director, Officer
40$0
BRUCE WILSONTREASURER
Trustee or director, Officer
1$0
NANCY HOLMBERGSECRETARY
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
JOSEPH L HOLMBERGPRESIDENT
Trustee or director, Officer
40$120,000
JOHN MILLERCHAIR
Trustee or director, Officer
1$0
BRUCE WILSONTREASURER
Trustee or director, Officer
1$0
NANCY HOLMBERGSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2507 LAKE PL, MINNEAPOLIS, MN 55405-2476
In care of
% JOSEPH L HOLMBERG
Principal officer (990 for 2024)
JOSEPH L HOLMBERG, 2507 LAKE PLACE, MINNEAPOLIS, MN 55405
Signed the 990
JOSEPH L HOLMBERG, PRESIDENT
Phone
(612) 377-0549
Return prepared by
MAHONEY ULBRICH CHRISTIANSEN & RUSS PA

Mission

THE MISSION OF AFFORDABLE HOMES FOR ALL IS TO PRESERVE AND BUILD AFFORDABLE HOMES FOR ALL. IT HAS BEEN CREATED TO RESPOND TO THE GROWING NEED FOR QUALITY AFFORDABLE HOUSING FOR FAMILIES, INDIVIDUALS, THE ELDELY AND HADICAPPED.

990 for the year ended June 30, 2025

Program accomplishments

  • AFFORDABLE HOMES FOR ALL HAS 2 PROGRAMS: THE DEVELOPMENT OF AFFORDABLE HOUSING UNITS AND THE OPERATION OF AFFORDABLE HOUSING UNITS. OUR MISSIONS IS TO DEVELOP, OPERATE, AND MAINTAIN HIGH QUALITY AFFORDABLE HOUSING. WE OPERATED AND MAINTAINED THE FOLLOWING AFFORDABLE PROPERTIES:AFFORDABLE HOMES FOR ALL ACQUIRED WINONA ARMS, INC. IN 2012. WINONA ARMS OWNS A 49-UNIT APARTMENT BUILDING IN WINONA, MINNESOTA. THE BUILDING OPERATES UNDER HUD SECTION 202 AND SECTION 8 REGULATIONS. AFFORDABLE HOMES FOR ALL ACQUIRED GENERAL PARTNERSHIP INTEREST IN EMERSON HOUSING, L.P. IN 2012. EMERSON HOUSING OWNS 44-UNIT MULTIFAMILY HOUSING PROJECT IN GARY, INDIANA. THE HOUSING OPERATES UNDER THE LOW INCOME HOUSING TAX CREDIT PROGRAM. AFFORDABLE HOMES FOR ALL CONTROLS SE HALL-WHITNEY YOUNG HOUSING CORPORATION (THE CORPORATION). THE CORPORATION OWNS 45-UNIT APARTMENT FOR THE ELDELY LOCATED IN SAINT PAUL, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION'S FIRST MORTGAGE IS FINANCED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN YORKTOWN CONTINENTAL, LP. YORKTOWN OPERATES A 264 - UNIT APARTMENT BUILDING LOCATED IN EDINA, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER HUD SECTION 8 REGULATIONS. THE MORTGAGE ON THE THE PROJECT IS INSURED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 221(D)4 OF THE NATIONAL HOUSING ACT.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN PLYMOUTH STEVENS, LP. THIS LIMITED PARTNERSHIP PURCHASED THE PROPERTIES OWNED BY PLYMOUTH AVENUE AND STEVENS HOUSE ON JUNE 30, 2016. THE PARTNERSHIP OPERATES A 207-UNIT APARTMENT BUILDING LOCATED IN MINNEAPOLIS, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER HUD SECTION 8 REGULATIONS. THE MORTGAGE ON THE PROJECT IS INSURED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 221(D)(4) OF THE NATIONAL HOUSING ACT.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN CECIL NEWMAN APARTMENTS, LP AND EFFECTIVE DECEMBER 31, 2021, NRRC ASSIGNED THEIR GENERAL PARTNERSHIP INTEREST AND NEF ASSIGNED THEIR LIMITED PARTNERSHIP INTEREST IN CECIL NEWMAN TO AFFORDABLE HOMES FOR ALL. CECIL NEWMAN OPERATES A 64-UNIT APARTMENT COMPLEX IN MINNEAPOLIS, MINNESOTA. ALL UNITS ARE ELIGIBLE TO RECEIVE SECTION 8 RENTAL ASSISTANCE. FINANCED WITH A HUD INSURED MORTGAGE.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP AND LIMITED PARTNERSHIP INTEREST IN WINNIPEG APARMENTS, LP. WINNIPEG OPERATES A MIXED USE APARTMENT BUILDING LOCATED IN ST. PAUL, MINNESOTA, CONTAINING 56 RESIDENTIAL UNITS AND 6,000 SQUARE FEET OF COMMERCIAL SPACE. FINANCED WITH A HUD INSURED MORTGAGE.
    Expenses $80,683 · revenue $785,646

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3983571
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$30,615,013
Income (IRS master file)
$877,939

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$877,939$178,919$30,615,013XML
990June 2024$944,222$525,767$29,915,993XML
990June 2023$886,079$327,186$29,497,538IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 27-3983571).

Questions about AFFORDABLE HOMES FOR ALL

What is the EIN of AFFORDABLE HOMES FOR ALL?
The employer identification number (EIN) of AFFORDABLE HOMES FOR ALL is 27-3983571.
Is AFFORDABLE HOMES FOR ALL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to AFFORDABLE HOMES FOR ALL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE HOMES FOR ALL 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 AFFORDABLE HOMES FOR ALL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFFORDABLE HOMES FOR ALL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AFFORDABLE HOMES FOR ALL?
The 990 for the year ended June 30, 2025 names JOSEPH L HOLMBERG.
Who are the officers and directors of AFFORDABLE HOMES FOR ALL?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does AFFORDABLE HOMES FOR ALL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $877,939, expenses of $178,919 and total assets of $30,615,013 at year end.

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