Nonprofit · EIN 41-1464430
SEVEN CORNERS COMMUNITY HOUSING CORPORATION
Tax-exempt · MINNEAPOLIS, MN 55454
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,560,962 | $3,725,824 | -$164,862 | $7,983,140 | $15,376,674 | -$7,393,534 |
| June 30, 2024 | 990 | $3,421,616 | $3,653,766 | -$232,150 | $8,256,582 | $15,485,254 | -$7,228,672 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,476,742
- Investment income
- $84,220
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $782,212
- Depreciation
- $787,918
- Program services (functional)
- $3,725,824
Balance sheet and other
- Total assets, start of year
- $8,256,582
- Total assets, end of year
- $7,983,140
- Total liabilities, end of year
- $15,376,674
- Net assets, end of year
- -$7,393,534
- Land, buildings and equipment
- $4,852,936
- Net assets without donor restrictions
- -$7,393,534
- Gross receipts
- $3,560,962
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1982
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM MUNGAVAN | TREASURER Trustee or director, Officer | 3 | $0 |
| BRIAN HANNINEN | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID SWANSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| NIIOBLITE HARPER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN WALSH | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT WILLIAMS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID HOFFMAN-DACHELET | VICE TREASURER Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM MUNGAVAN | TREASURER Trustee or director, Officer | 3 | $0 |
| BRIAN HANNINEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID SWANSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| NIIOBLITE HARPER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN WALSH | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1808 RIVERSIDE AVE STE 201, MINNEAPOLIS, MN 55454-1121
- Principal officer (990 for 2024)
- DAVID HOFFMAN-DACHELET, 1808 RIVERSIDE AVENUE SOUTH 201, MINNEAPOLIS, MN 55454
- Signed the 990
- DAVID HOFFMAN-DACHELET, VICE TREASURER
- Phone
- (612) 673-0477
- Return prepared by
- MAHONEY ULBRICH CHRISTIANSEN & RUSS PA
Mission
PROVIDE AFFORDABLE HOUSING FOR INDIVIDUALS AND FAMILIES IN MINNEAPOLIS, MINNESOTA.
Program accomplishments
- TO PROVIDE, ON A NON-PROFIT BASIS, 248 UNITS OF AFFORDABLE HOUSING FOR INDIVIDUALS AND FAMILIES IN THE WEST BANK AREA OF MINNEAPOLIS, MINNESOTA.Expenses $3,725,824 · revenue $3,476,742
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1464430
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $7,983,140
- Income (IRS master file)
- $3,560,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,560,962 | $3,725,824 | $7,983,140 | IRS |
| 990 | June 2024 | $3,421,616 | $3,653,766 | $8,256,582 | XML |
| 990 | June 2023 | $3,296,573 | $3,663,643 | $8,990,970 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 41-1464430).
Questions about SEVEN CORNERS COMMUNITY HOUSING CORPORATION
- What is the EIN of SEVEN CORNERS COMMUNITY HOUSING CORPORATION?
- The employer identification number (EIN) of SEVEN CORNERS COMMUNITY HOUSING CORPORATION is 41-1464430.
- Is SEVEN CORNERS COMMUNITY HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to SEVEN CORNERS COMMUNITY HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SEVEN CORNERS COMMUNITY HOUSING CORPORATION 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 SEVEN CORNERS COMMUNITY HOUSING CORPORATION 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 SEVEN CORNERS COMMUNITY HOUSING CORPORATION 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 SEVEN CORNERS COMMUNITY HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 names DAVID HOFFMAN-DACHELET.
- Who are the officers and directors of SEVEN CORNERS COMMUNITY HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SEVEN CORNERS COMMUNITY HOUSING CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,560,962, expenses of $3,725,824 and total assets of $7,983,140 at year end.
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