Skip to main content

Nonprofit · EIN 45-0315211

COMMUNITY HOMES OF BISMARCK INC

Tax-exempt · BISMARCK, ND 58504

Financials

$761K$1.2M2023$4.6M$878K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY HOMES OF BISMARCK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,561,444$878,047$3,683,397$6,817,578$1,373,768$5,443,810
December 31, 2023990$761,488$1,190,229-$428,741$6,723,154$4,949,543$1,773,611
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$452,617
Investment income
$2,288,872
Net gain from sales of assets
$2,194,468
Other revenue
$1,819,955

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$18,850
Other salaries and wages
$53,608
Salaries, compensation and benefits (total)
$91,783
Professional fundraising fees
$0
Accounting fees
$20,457
Occupancy
$114,570
Depreciation
$225,562
Program services (functional)
$678,411
Management and general (functional)
$199,636

Balance sheet and other

Total assets, start of year
$6,723,154
Total assets, end of year
$6,817,578
Total liabilities, end of year
$1,373,768
Net assets, end of year
$5,443,810
Land, buildings and equipment
$2,500,222
Publicly traded securities
$486,921
Net assets without donor restrictions
$5,443,810
Gross receipts
$5,665,930
Employees
2
Volunteers
3
Year formed
1971
State of legal domicile
ND

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 / weekCompensationOther / benefits
NICOLE SCHURHAMERMANAGING AGENT/EXEC. DIR.
Officer
4$112,293$34,817
KATHIE STRUMMANAGING AGENT/ACCT END JULY 26
Officer
4$83,634$21,592
LOIS SUNDQUISTDIRECTOR
Trustee or director
1$3,900$0
STEVEN SATHREPRESIDENT
Trustee or director, Officer
1$3,900$0
ARLENE OLSONDIRECTOR
Trustee or director
1$3,900$0
KATHLEEN ATKINSONVICE PRESIDENT
Trustee or director, Officer
1$3,575$0
CYNTHIA CHAVEZDIRECTOR
Trustee or director
1$3,575$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
NICOLE SCHURHAMERMANAGING AGENT/EXEC. DIR.
Officer
4$0$110,969$32,621
KATHIE STRUMMANAGING AGENT/FINANCE DIR
Officer
4$0$79,859$20,158
LOIS SUNDQUISTPRESIDENT
Trustee or director, Officer
1$3,900$0$0
STEVEN SATHREVICE PRESIDENT
Trustee or director, Officer
1$3,900$0$0
ARLENE OLSONDIRECTOR
Trustee or director
1$3,900$0$0
KATHLEEN ATKINSONDIRECTOR
Trustee or director
1$3,575$0$0
CYNTHIA CHAVEZDIRECTOR
Trustee or director
1$3,250$0$0

Address and contacts

Address (IRS master file)
410 S 2ND ST, BISMARCK, ND 58504-5534
Principal officer (990 for 2024)
NICOLE SCHURHAMER, 410 S 2ND ST, BISMARCK, ND 58504
Signed the 990
NICOLE SCHURHAMER, MANAGING AGENT EXECUTIVE DIRECTOR
Phone
(701) 255-2540
Return prepared by
BRADY MARTZ & ASSOCIATES PC

Mission

TO PROVIDE AFFORDABLE HOUSING TO QUALIFIED LOW AND MODERATE INCOME TENANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • SECTION 236 PROGRAM:TO PROVIDE AFFORDABLE HOUSING UNDER SECTION 236 TO QUALIFIED TENANTS WITH LOW TO MODERATE INCOME.SECTION 8 HOUSING CHOICE VOUCHER PROGRAM:TO PROVIDE RENTAL ASSISTANCE PAYMENTS ON BEHALF OF QUALIFIED LOW INCOME TENANTS.
    Expenses $678,411 · revenue $452,617

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 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
45-0315211
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$6,817,578
Income (IRS master file)
$5,665,930

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,561,444$878,047$6,817,578XML
990December 2023$761,488$1,190,229$6,723,154XML
990December 2022$920,765$1,369,737$7,122,179IRS
990December 2021–––IRS
990December 2020–––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 45-0315211).

Questions about COMMUNITY HOMES OF BISMARCK INC

What is the EIN of COMMUNITY HOMES OF BISMARCK INC?
The employer identification number (EIN) of COMMUNITY HOMES OF BISMARCK INC is 45-0315211.
Is COMMUNITY HOMES OF BISMARCK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to COMMUNITY HOMES OF BISMARCK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY HOMES OF BISMARCK 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 COMMUNITY HOMES OF BISMARCK 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 COMMUNITY HOMES OF BISMARCK 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 COMMUNITY HOMES OF BISMARCK INC?
The 990 for the year ended December 31, 2024 names NICOLE SCHURHAMER.
Who are the officers and directors of COMMUNITY HOMES OF BISMARCK INC?
The 990 for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $112,293 (NICOLE SCHURHAMER, MANAGING AGENT/EXEC. DIR.).
How much revenue does COMMUNITY HOMES OF BISMARCK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,561,444, expenses of $878,047 and total assets of $6,817,578 at year end.

Other nonprofits in BISMARCK

All nonprofits in BISMARCK · North Dakota · Unknown