Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 01-01-2010 and ending 12-31-2010
BCheck if applicable:
CName of organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
37 28TH AVENUE NORTH NO 102
 
Room/suite
City or town, state or country, and ZIP + 4
ST CLOUD, MN56303
D Employer identification number

41-1752558
E Telephone number

G Gross receipts $ 1,234,442
F Name and address of principal officer:
WILLIAM REINKE
37 28TH AVENUE NORTH NO 102
ST CLOUD,MN56303
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.CMHP.NET
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1993
M State of legal domicile: MN
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: TO ASSIST UNDERSERVED COMMUNITIES TO PRESERVE, IMPROVE, AND INCREASE AFFORDABLE HOUSING.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 11
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 11
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 39
6 Total number of volunteers (estimate if necessary) .... 6 122
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 0
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 0
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 171,842 133,990
9 Program service revenue (Part VIII, line 2g) ......... 1,030,990 1,071,251
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... -39,688 8,455
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 17,099 20,746
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 1,180,243 1,234,442
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 56,625
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 645,643 676,980
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 904,670 908,776
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,550,313 1,642,381
19 Revenue less expenses. Subtract line 18 from line 12...... -370,070 -407,939
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 6,753,200 6,320,045
21 Total liabilities (Part X, line 26)............ 3,479,897 3,454,681
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 3,273,303 2,865,364
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
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Signature of officer Date
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Type or print name and title.
Paid Preparer's Use Only Preparer's
signature
Big Right Arrow
Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4
Big Right Arrow




EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: TO ASSIST UNDERSERVED COMMUNITIES TO PRESERVE, IMPROVE, AND INCREASE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 211,413 including grants of $   ) (Revenue $ 131,536 )
PROPERTY MANAGEMENT: CENTRAL MINNESOTA HOUSING PARTNERSHIP, INC. (CMHP) HANDLES ALL ASPECTS OF THE OPERATIONS, MANAGEMENT AND MAINTENANCE OF SELECTED PROPERTIES IN THEIR PORTFOLIO. CMHP'S PROPERTY MANAGEMENT DIVISION RECRUITS, SCREENS, SELECTS AND PLACES APPLICANTS IN HOUSING AND IS RESPONSIBLE FOR THE FINANCIAL MANAGEMENT, BUDGETING, CARETAKING SUPERVISION, REPORTING AND COMPLIANCE OF EACH PROJECT. IN 2010, PROPERTY MANAGEMENT MANAGED 20 PROPERTIES EQUALING 384 UNITS OF HOUSING.
4b (Code:   ) (Expenses $ 78,398 including grants of $   ) (Revenue $ 53,100 )
TECHNICAL ASSISTANCE (TA): CMHP WORKS CLOSELY WITH THE INITIATIVE FOUNDATION TO PROVIDE DIRECT TECHNICAL ASSISTANCE AND HOUSING PLANNING TO COMMUNITIES, ORGANIZATIONS AND OTHER NON-PROFITS IN MINNESOTA'S CENTRAL REGION WITH THE DEVELOPMENT OF AFFORDABLE HOUSING. THROUGH TECHNICAL ASSISTANCE, CMHP BRINGS ADDITIONAL RESOURCES TO CENTRAL MINNESOTA BY INCREASING LOCAL CAPACITY. THE DEVELOPMENT OF HOUSING PROJECTS IS TYPICALLY BASED UPON PRIORITIES IDENTIFIED IN THE COMMUNITY'S HOUSING PLAN. RESOURCES AND REFERRAL SERVICES ARE ALSO OFFERED TO COMMUNITIES, ORGANIZATIONS, AND FAMILIES THAT NEED ASSISTANCE IN IDENTIFYING AFFORDABLE HOUSING OPTIONS. TECHNICAL ASSISTANCE MAY ALSO INVOLVE SITE VISITS, PRESENTATIONS OR TOTAL PROJECT PACKAGING.
4c (Code:   ) (Expenses $ 46,203 including grants of $   ) (Revenue $ 65,254 )
NEIGHBORHOOD STABILIZATION PROGRAM (NSP): CMHP ADMINISTERED THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) FOR THE MINNESOTA CITIES OF BUFFALO, ISANTI, MONTICELLO, OTSEGO AND ZIMMERMAN. THIS PROGRAM OFFERS INCENTIVE BASE DOWN PAYMENT ASSISTANCE TO HOUSEHOLDS MAKING LESS THAN 120% AMI TO PURCHASE FORECLOSED HOMES WITHIN THE CITY'S TARGETED NEIGHBORHOODS. ADDITIONAL ASSISTANCE CAN BE OBTAINED THROUGH NSP FOR REHABILITATION FUNDS. ALL FUNDS ARE A 0% DEFERRED LOAN. THE LOAN IS FORGIVABLE PROPORTIONALLY OVER THE TERM OF THE LOAN. THE LOAN TERM IS DEPENDENT ON THE AMOUNT OF NSP DOLLARS USED. IN 2009, CMHP ASSISTED IN SECURING $2,204,698 IN FUNDING TOWARD THE FORECLOSURE CRISIS. CMHP THEN PARTNERED WITH THE CITIES OF ISANTI, MONTICELLO, OTSEGO, BUFFALO AND ZIMMERMAN TO ADMINISTER THE NSP DOLLARS. FUNDING PROVIDED DOWN PAYMENT ASSISTANCE AND SOME REHABILITATION DOLLARS TO 65 HOMEBUYERS.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
HOME STRETCH: CMHP COORDINATES HOMEBUYER TRAINING IN THE REGION BASED ON A PROGRAM DESIGNED BY MINNESOTA HOUSING (MHFA.) CMHP BEGAN IMPLEMENTING THE PROGRAM IN OCTOBER 1995. THE PROGRAM HAS GROWN IN POPULARITY AS MORE MORTGAGE LENDERS REQUIRE EDUCATION FOR FIRST-TIME HOMEBUYERS, CMHP IS HUD CERTIFIED FOR TEACHING FIRST TIME HOMEBUYER EDUCATION CLASSES AND FOR PROVIDING PRE-PURCHASE COUNSELING. THE ORGANIZATION COORDINATED 46 HOME STRETCH CLASSES AND GRADUATED 490 PARTICIPANTS IN 2010. SINCE 1995, CMHP HAS GRADUATED OVER 7,677 INDIVIDUALS FROM THE CLASSES. IN 2010, CMHP UTILIZED 110 VOLUNTEER FROM THE BUSINESS COMMUNITY INCLUDING REALTORS, LENDERS, CONTRACTORS, CLOSERS, HOME INSPECTORS AND CREDIT/BUDGET COUNSELORS WHO ACTIVELY SUPPORT THIS PROGRAM TO TEACH THE CURRICULUM. FOR 2011, 38 CLASSES ARE SCHEDULED INCLUDING 27 ALL-DAY, ONE-DAY CLASSES IN VARIOUS LOCATIONS IN THE REGION, NOT JUST ST CLOUD. THE CLASSES OFFER INFORMATION ABOUT FINDING A HOME, SECURING A MORTGAGE, BUDGET AND CREDIT ISSUES, CLOSING THE LOAN AND HOME MAINTENANCE. CERTIFICATES ARE ISSUED TO SUCCESSFUL PARTICIPANTS SATISFYING MOST MORTGAGE REQUIREMENTS. CMHP ALSO OFFERS TO FIRST TIME HOMEBUYERS PRE-PURCHASE COUNSELING FOR THOSE WHO WOULD LIKE TO HAVE A ONE-ON-ONE DISCUSSION REGARDING THEIR OWN HOME BUYING SITUATION. TOPICS DISCUSSED DURING EACH SESSION INCLUDE: AFFORDABILITY ANALYSIS, EVALUATION OF MORTGAGE PRODUCTS, BARRIERS TO HOMEOWNERSHIP, SPENDING AND DEBT REDUCTION PLANS, AND PREPARING FOR A LOAN APPLICATION. THIS SERVICE IS AN EXTENSION OF HOME STRETCH AND GIVES FIRST TIME HOMEBUYERS THE ADDITIONAL SUPPORT THEY NEED IN PURCHASING THEIR FIRST HOME. 17 HOUSEHOLDS PARTICIPATED IN PRE-PURCHASE COUNSELING IN 2010. IN 2009, CMHP BECAME HOUSING AND URBAN DEVELOPMENT (HUD) CERTIFIED FOR HOMEBUYER EDUCATION.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
CONTINUUM OF CARE (COC): CMHP COORDINATES THE REGIONAL CONTINUUM-OF-CARE PROCESS TO BRING TOGETHER DIVERSE SECTORS OF OUR REGIONS TO ESTABLISH NEEDS AND PRIORITIES FOR THE HOUSING AN SUPPORT SERVICES NEEDED OF HOMELESS INDIVIDUALS AND FAMILIES. IN ADDITION THE PROCESS ALSO INCLUDES STRATEGIES TO END HOMELESSNESS AND TO PREVENT A RETURN TO HOMELESSNESS. FUNDS ARE MADE AVAILABLE THROUGH HUD AND OTHER AGENCIES TO MEET ANY GAPS WHICH MAY BE FOUND IN THE CONTINUUM. FROM 1997 TO 2010, $11,658,330 IN HUD DOLLARS HAS BEEN AWARDED REGIONALLY WITH TOTAL LEVERAGED FUNDS OF $23,661,670. THE 2009 EXHIBIT 1 APPLICATION WAS AWARDED $983,541 WITH AN ADDITIONAL $734,675 IN LEVERAGED FUNDS (ONLY FOR THE THREE NEW PROJECTS). THE 2010 EXHIBIT ONE APPLICATION HAS BEEN SUBMITTED REQUESTING $1,005,688 IN FUNDING AND HAS NOW BEEN FULLY FUNDED IN 2011. THE CENTRAL COC IS ALSO THE ADVISORY COUNCIL OVER THE "CENTRAL MN TEN-YEAR PLAN TO END HOMELESSNESS" FOR HEADING HOME MINNESOTA.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
ASSET MANAGEMENT: CMHP ASSET MANAGES 638 UNITS OF AFFORDABLE HOUSING. CMHP VALUES ITS OWNERSHIP AND INTEREST IN RENTAL PROPERTIES AND TAKES RESPONSIBILITY FOR THE LONG-TERM HEALTH AND WELFARE OF ALL PROJECTS WITH WHICH ASSOCIATED. FUNCTIONS OF ASSET MANAGEMENT INCLUDE MONITORING PROGRAMS, FUNDERS, AND FINANCING REQUIREMENTS TO ASSURE COMPLIANCE AND TIMELY REPORTING; OVERSIGHT OF PROPERTY MANAGEMENT ACTIVITIES OF THE PROFESSIONAL PROPERTY MANAGERS, SITE VISITS, MONTHLY FINANCIAL REPORTS, ANNUAL BUDGET APPROVAL, CAPITAL IMPROVEMENT PLANNING AND TENANT SURVEYS. CMHP COMMUNICATES ON A REGULAR BASIS WITH PROPERTY MANAGERS, INVESTORS AND FUNDERS. AS CMHP CONTINUES TO DEVELOP NEW OR ACQUIRES AND REHABS EXISTING RENTAL PROPERTIES, IT WILL CONTINUE TO ADD AFFORDABLE RENTAL UNITS TO ITS ASSET MANAGEMENT PORTFOLIO.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
SMALL CITIES DEVELOPMENT PROGRAM (SCDP): THE SMALL CITIES DEVELOPMENT PROGRAM (SCDP) IS A PROGRAM FUNDED THROUGH THE MN DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED). APPLICATIONS ARE WRITTEN ON BEHALF OF COMMUNITIES INTERESTED IN APPLYING FOR FUNDING. SCDP FUNDING CAN BE USED TO FIX UP OWNER OCCUPIED HOUSING, RENTAL HOUSING AND COMMERCIAL BUILDINGS. THE SCOPES OF WORK INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING ELIGIBLE ITEMS: ROOFING, SIDING, WINDOWS, DOORS, FURNACES, ELECTRICAL, PLUMBING, ETC. FUNDING IS GIVEN AS A GRANT TO THE PARTICIPATING CITY. CMHP, AS THE ADMINISTRATOR, TAKES OWNER'S APPLICATIONS AND ADMINISTERS THE FUNDS WITHIN THE TARGET AREA. THE FUNDS ARE SET UP AS A 0% DEFERRED LOAN FORGIVEN EVENLY OVER A SET AMOUNT OF YEARS DETERMINED BY THE CITY OR AS A LOW INTEREST LOANS. THERE IS A SMALL AMOUNT OF OWNERS MATCH FUNDS REQUIRED BASED ON HOW THE APPLICATION IS WRITTEN. IN 2010, CMHP CONTINUED TO ADMINISTER SCDP FUNDING IN THE CENTRAL REGION OF MINNESOTA FOR THE CITIES OF STAPLES, PINE RIVER AND CROW WING COUNTY. IN 2010, CMHP ALSO BEGAN ADMINISTRATION OF A NEW SCDP GRANT AWARD FOR THE CITIES OF PIERZ, LITTLE FALLS AND ROYALTON. CMHP PROVIDED PROJECT MANAGEMENT FOR A VARIETY OF OWNER-OCCUPIED, RENTAL AND COMMERCIAL REHABILITATION PROJECTS IN ALL OF THESE COMMUNITIES.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
SINGLE FAMILY HOUSING DEVELOPMENT :CMHP ADMINISTERS AFFORDABLE FINANCING PRODUCTS FROM MINNESOTA HOUSING (MHFA) AND GREATER MN HOUSING FUND (GMHF) FOR THE PURCHASE OF NEWLY CONSTRUCTED HOMES IN CENTRAL MINNESOTA. CMHP WORKS WITH APPLICANTS, AND PARTNERS WITH LOCAL LENDERS, USDA RURAL DEVELOPMENT AND LOCAL REALTORS TO COORDINATE THE FINANCING PACKAGES FOR ELIGIBLE FIRST TIME HOMEBUYERS. CMHP SUBMITS APPLICATIONS TO MINNESOTA HOUSING FOR SET ASIDE GAP FUNDING FOR FIRST MORTGAGE FINANCING FOR SPECIFIC HOUSING INITIATIVES. CMHP WORKS WITH THE LOCAL LENDING NETWORK GIVING FIRST TIME HOMEBUYERS ACCESS TO LOW INTEREST MORTGAGE PRODUCTS AS WELL AS ENTRY COST ASSISTANCE AND MONTHLY PAYMENT ASSISTANCE MAY BE AVAILABLE IN CONNECTION WITH THE FIRST MORTGAGE PRODUCT. CMHP ALSO PROVIDES TECHNICAL ASSISTANCE TO DEVELOPERS, BUILDERS AND CITIES WITHIN THE CENTRAL REGION OF MINNESOTA ASSISTING IN THE CREATION OF AFFORDABLE HOMEOWNERSHIP OPTIONS FOR WORKFORCE HOUSEHOLDS WHO ARE FIRST TIME HOMEBUYERS. CMHP ALSO PROVIDES FULL ADMINISTRATION AND OVERSIGHT OF THE AFFORDABLE FINANCING PRODUCTS AND WORKS CLOSELY WITH PARTICIPATING LENDERS TO COMPLETE THE FINANCING PACKAGE FOR HOME PURCHASES. CMHP HAD NO SINGLE FAMILY HOME ACTIVITY IN 2010.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
DEVELOPMENT: CMHP PARTNERS WITH OTHER NON-PROFITS, HRA'S, CDC'S AND FOR-PROFIT ENTITIES TO DEVELOP NEW UNITS OF AFFORDABLE HOUSING THROUGHOUT THE CENTRAL REGION OF MINNESOTA. THE PRIMARY SOURCE OF FUNDING IS PROVIDED THROUGH THE LOW INCOME HOUSING TAX CREDIT (LIHTC) PROGRAM, ALTHOUGH SEVERAL FUNDING SOURCES ARE OFTEN UTILIZED INCLUDING A FIRST MORTGAGE, EQUITY CONTRIBUTIONS, EMPLOYER CONTRIBUTIONS, LOCAL GOVERNMENT PARTICIPATION, BOND FINANCING, FUNDS FROM GREATER MINNESOTA HOUSING FUND AND MINNESOTA HOUSING PROGRAMS. CMHP ALSO MAKES USE OF AFFORDABLE HOUSING PRESERVATION IN EFFORT TO RETAIN AFFORDABLE HOUSING IN THE REGION. CMHP WILL ACQUIRE PROPERTY OFTEN NEEDING RENOVATION AS A PART OF THE OVERALL PRESERVATION AND ASSURANCE OF DECENT, SAFE, AFFORDABLE HOUSING INDEFINITELY. BEGINNING IN THE FALL OF 2009, CONSTRUCTION BEGAN ON A 24 UNIT TAX CREDIT NEW CONSTRUCTION PROJECT IN BAXTER, MN CALLED GRANT OAKS COURT. THIS PROJECT WAS COMPLETED AND FULLY RENTED UP IN JUNE, 2010.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
MURL DEVELOPMENT: CMHP ADMINISTERS THE MURL PROGRAM REGIONALLY FOCUSING ON COUNTIES AND CITIES WHERE CONDITIONS OF BLIGHT ARE PRESENT. AWARDED FUNDS ARE USED TO PURCHASE BLIGHTED SINGLE-FAMILY HOMES, REHABILITATE THE HOMES AND THEN SELL THE HOMES TO LOW AND MODERATE INCOME HOUSEHOLDS. MURL HOMES WERE TRADITIONALLY SOLD ON A CONTRACT FOR DEED, HOWEVER, IN SUSPENSION OF THE PROGRAM AND SUBSEQUENT PROGRAM CHANGES, IT IS NOW REQUIRED TO SELL THE HOMES FEE SIMPLE TO AN INCOME QUALIFIED FIRST TIME HOMEBUYER. CMHP CURRENTLY MAINTAIN 13 HOUSEHOLDS IN ITS MURL PORTFOLIO. IN 2010, CMHP WAS QUIT CLAIMED A SINGLE-FAMILY MURL HOME IN BROWERVILLE. CMHP REHABILITATED THE HOME AND PROVIDED AFFORDABLE HOMEOWNERSHIP TO A SINGLE MOTHER.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
FAMILY HOMELESS PREVENTION (FHP): CMHP PROVIDES STAFF ASSISTANCE TO THE LAKES AND PINES CAC TO ADMINISTER THE FAMILY HOMELESS PREVENTION AND ASSISTANCE PROGRAM (FHPAP). THIS PROGRAM FOCUSES ON PREVENTION AND IS TARGETED PRIMARILY TO FAMILIES FACING RENTAL EVICTION AND MORTGAGE FORECLOSURE. CMHP COORDINATES THE MEETINGS OF THE ADVISORY BOARD, IS RESPONSIBLE FOR PROGRAM OUTREACH AND ALSO ASSISTS IN RESOURCE SHARING BETWEEN OTHER FHPAP GROUPS SERVING THE BRAINERD AND ST CLOUD AREA. CMHP AND LAKES AND PINES CAC MUTUALLY CANCELLED THEIR CONTRACT AS OF SEPTEMBER 30, 2010.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
REGIONAL HOUSING ADVISORY GROUP (RHAG): CMHP WORKS CLOSELY WITH MINNESOTA HOUSING TO INCREASE PARTICIPATION AND STEP UP ACTIVITIES IN ADDRESSING HOUSING NEEDS IN THE REGION. A COMPONENT OF THIS EFFORT HAS INCLUDED APPOINTMENT OF A REGIONAL HOUSING ADVISORY COMMITTEE WHICH COMMUNICATES QUARTERLY WITH MINNESOTA HOUSING, USDA RURAL DEVELOPMENT, GREATER MINNESOTA HOUSING FUND AND MINNESOTA'S DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT ON ALL ASPECTS OF RURAL MINNESOTA'S REGIONAL NEEDS. THE INITIATIVE STARTED AS A DIRECTIVE FROM GOVERNOR CARLSON IN 1994 AND IS KNOWN AS EVHI - GOVERNORS ECONOMIC VITALITY AND HOUSING INITIATIVE. IN AN EFFORT TO EDUCATE AND PROVIDE OPTIONS IN ADDRESSING HOUSING NEEDS TO SMALL COMMUNITIES EXPERIENCING ECONOMIC GROWTH, CMHP HAS EXPANDED ITS TECHNICAL ASSISTANCE CAPACITY TO PROVIDE PROFESSIONAL EXPERIENCED NON-PROFIT ALTERNATIVES EASILY ACCESSED BY COMMUNITIES TO ANSWER QUESTIONS ABOUT AFFORDABLE HOUSING. REGIONAL REPRESENTATIVES MAKING UP THE ADVISORY COUNCIL ALSO MEETS QUARTERLY WITH THE MINNESOTA HOME OWNERSHIP CENTER (HOC) STAFF.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
RENTAL REHAB LOAN PROGRAM (RRLP):THE RENTAL REHABILITATION LOAN PROGRAM (RRLP) PROVIDES SMALLER RENTAL PROPERTY OWNERS WITH A 6% LOAN WITH A TERM OF UP TO 15 YEARS. THIS LOAN IS PROCESSED BY CMHP AS A QUALIFIED LENDER AND THEN SOLD TO MINNESOTA HOUSING. RENTAL PROPERTY OWNERS CAN GET UP TO $10,000 PER UNIT AS LONG AS THE TENANT INCOME MEETS 80% OF THE STATE MEDIAN INCOME. FUNDS CAN BE USED FOR ANY PERMANENT IMPROVEMENTS TO THE PROPERTY INCLUDING BUT NOT LIMITED TO: ROOFING, SIDING, WINDOWS, DOORS, ELECTRICAL, PLUMBING, ETC.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
FEDERAL HOME LOAN BANK (FHLB): THE FEDERAL HOME LOAN BANK FUNDING IS USED TO MATCH FUNDS FOR THE SMALL CITIES DEVELOPMENT PROGRAM. THESE FUNDS WILL SOMETIMES OFFSET THE AMOUNT OF FUNDING THAT THE OWNER NEEDS TO COME UP WITH TO COMPLETE THE PROJECT. THE FUNDS ARE USED FOR OWNER OCCUPIED REHABILITATION. THEY ARE 0% DEFERRED LOANS FORGIVEN EQUALLY OVER 5 YEAR TERM. CMHP WAS ALSO AWARDED $67,200 IN FEDERAL HOME LOAN BANK (FHLB) FUNDS FOR SMALL CITIES (SCDP) FOR THE CITIES OF PIERZ, LITTLE FALLS, AND ROYALTON FOR OWNER-OCCUPIED REHABILITATION PROJECTS.
(Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
GREATER MN HOUSING FUND & FEDERAL HOME LOAN BANK (GMHF/FHLB): CMHP HAS CONTRACTED WITH GREATER MINNESOTA HOUSING FUND (GMHF) TO ADMINISTER FUNDS AWARDED BY THE FEDERAL HOME LOAN BANK (FHLB) THROUGHOUT THE CENTRAL MINNESOTA REGION. GMHF/FHLB FUNDS ARE USED BY HOUSEHOLDS MAKING 80% AMI OR MRB. THE FUNDS ARE USED AS INCENTIVE BASED DOWN PAYMENT ASSISTANCE FOR HOUSEHOLDS PURCHASING A HOME THAT HAS BEEN FORECLOSED, DEED IN LIEU OR SHORT SALE AND MUST BE ON CITY WATER AND SEWER. THESE FUND ARE 0% DEFERRED LOANS FORGIVEN EQUALLY OVER A 5 YEAR TERM. CMHP ADMINISTERED FORECLOSURE FUNDS FOR GREATER MN HOUSING FUND (GMHF) UNDER THE FEDERAL HOME LOAN BANK (FHLB) PROGRAM. DOWN PAYMENT ASSISTANCE HELPED 75 HOMEBUYERS PURCHASE FORECLOSED HOMES.
(Code:   ) (Expenses $ 1,128,214 including grants of $   ) (Revenue $ 842,107 )
HOME RENTAL REHAB (HRR): CMHP ADMINISTERS THE HOME RENTAL REHAB (HRR) PROGRAM IN 17 COUNTIES IN THE CENTRAL REGION OF MINNESOTA WITH THE EXCEPTION OF THE CITY OF ST. CLOUD. THIS PROGRAM PROVIDES A 0% DEFERRED LOAN FOR PROJECTS RECEIVING $100,000 OR MORE, COTERMINOUS WITH THE FIRST MORTGAGE. PROJECTS WITH THE HOME FUNDS OF LESS THAN $100,000 ARE STRUCTURED AS FIVE-YEAR FORGIVABLE DEFERRED LOANS. INCOME AND RENT RESTRICTIONS ALSO APPLY. HRR FUNDS ARE PROVIDED BY MINNESOTA HOUSING. IN 2009, HRR ALLOCATED $2,003,950 IN FUNDS TO THE REGION ADDING 179 UNITS OF AFFORDABLE HOUSING FOR THE REGION. 2009 WAS THE LAST FUNDING CYCLE FOR THIS PROGRAM WITH MINNESOTA HOUSING AS THEY ARE DEVELOPING A NEW STATE FUNDED HOME PROGRAM. CMHP COMPLETED 1 FINAL RECERT, 4 PROJECT CLOSEOUTS, AND 2 APPLICATIONS FOR PROJECTS FOR 2010 THAT WILL CONTINUE INTO 2011 BEFORE COMPLETION.
4d Other program services. (Describe in Schedule O.)
(Expenses $ 1,128,214 including grants of $   ) (Revenue $ 842,107 )
4e Total program service expensesMediumBullet$ 1,464,228
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II
Click to see attachment.........................
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part IIIClick to see attachment........................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part I
Click to see attachment
.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment
...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IV
Click to see attachment
...................
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
 
No
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................
23
 
No
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II
...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV
...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I
...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
Yes
 
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
23
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
39
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
No
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note.
All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
11
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
11
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
 
No
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
MN
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
BILL REINKE
37 28TH AVENUE NORTH NO 102
ST CLOUD,MN56303
(320) 259-0393
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title
(B)
Average hours per week (describe hours for related organizations in Schedule O)
(C)
Position (check all that apply)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) NANCY HOUG
MEMBER
1.00 X           0 0 0
(2) LAURA SWENSON
MEMBER
1.00 X           0 0 0
(3) MARK SEXTON
PRESIDENT
1.00 X   X       0 0 0
(4) DOUG GROUT
MEMBER
1.00 X           0 0 0
(5) LARRY KETCHUM
MEMBER
1.00 X           0 0 0
(6) PAT OMAN
MEMBER
1.00 X           0 0 0
(7) DAN ROBERTS
VICE PRESIDENT
1.00 X   X       0 0 0
(8) CHRIS SMITH
SECRETARY
1.00 X   X       0 0 0
(9) ROBERT BENES
MEMBER
1.00 X           0 0 0
(10) ROBERT VOSS
MEMBER
1.00 X           0 0 0
(11) KATHY GROCHOW
MEMBER
1.00 X           0 0 0
(12) CHERYAL LEE HILLS
TREASURER
1.00 X   X       0 0 0
(13) WILLIAM REINKE
EXECUTIVE DIRECTOR
40.00     X       74,298 0 9,939
(14) VIRGINIA RUDBERG
FINANCE DIRECTOR
40.00     X       60,208 0 9,588
(15) JULIE SCHUELLER
PROPERTY DIRECTOR
40.00         X   62,803 0 0
(16) DEANNA HEMMESCH
COMMUNITY DEVELOPMENT DIRECTOR
40.00         X   55,424 0 0


Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title
(B)
Average hours per week (describe hours for related organizations in Schedule O)
(C)
Position (check all that apply)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;


























1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 134,506 0 19,527
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet0
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
 
No
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet0
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e 90,340
f All other contributions, gifts, grants, and
similar amounts not included above
1f
43,650
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet 133,990
 Program Service Revenue Business Code
2a FEES FOR SERVICE 624,200 538,331 538,331    
b RENTAL INCOME 531,110 453,731 453,731    
c DEBT SUBSIDY INCOME 624,200 41,202 41,202    
d REAL ESTATE INVESTMENT 624,200 22,913 22,913    
e GARAGE INCOME 531,110 8,680 8,680    
f All other program service revenue . 6,394 6,394    
g Total. Add lines 2a–2f........MediumBullet 1,071,251
 Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 8,455     8,455
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross Rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory    
b Less: cost or other basis and sales expenses    
c Gain or (loss)    
d Net gain or (loss)..........MediumBullet        
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a MISCELLANEOUS INCOME 900,099 20,746 20,746    
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 20,746
12 Total revenue. See Instructions....MediumBullet 1,234,442 1,091,997 0 8,455
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 56,625 56,625
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 154,033 59,903 94,130  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 439,576 436,654 2,922  
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 3,000 2,510 490  
9 Other employee benefits ....... 36,657 30,664 5,993  
10 Payroll taxes ........... 43,714 36,567 7,147  
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 813 158 655  
c Accounting ........... 30,825 5,979 24,846  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ......        
g Other .......... 11,033 11,033    
12 Advertising and promotion .... 10,114 9,349 765  
13 Office expenses ....... 92,907 82,114 10,793  
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 201,262 193,756 7,506  
17 Travel ............ 21,462 20,673 789  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 8,616 6,909 1,707  
20 Interest ........... 140,737 140,737    
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 237,383 235,722 1,661  
23 Insurance .............. 51,683 42,478 9,205  
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a BAD DEBTS 43,855 43,855 0 0
b MISCELLANEOUS 36,561 27,017 9,544  
c PROPERTY MANAGEMENT 21,525 21,525 0 0
d
e
f All other expenses        
25 Total functional expenses. Add lines 1 through 24f 1,642,381 1,464,228 178,153 0
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation
       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year
(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 323,363 1 307,708
2 Savings and temporary cash investments ....... 431,471 2 307,168
3 Pledges and grants receivable, net ......... 1,000 3 2,400
4 Accounts receivable, net ......... 145,470 4 141,107
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............ 6,666 9 426
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 6,223,966
b Less: accumulated depreciation. ..... 10b 2,154,288 4,260,315 10c 4,069,678
11 Investments—publicly traded securities .......... 372,498 11 265,762
12 Investments—other securities. See Part IV, line 11 ......   12  
13 Investments—program-related. See Part IV, line 11 .. 194,189 13 155,474
14 Intangible assets ......... 11,519 14 9,486
15 Other assets. See Part IV, line 11 ........... 1,006,709 15 1,060,836
16 Total assets. Add lines 1 through 15 (must equal line 34)... 6,753,200 16 6,320,045
Liabilities 17 Accounts payable and accrued expenses . 164,255 17 190,245
18 Grants payable ..........   18  
19 Deferred revenue .......... 381,929 19 349,943
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 103,562 21 92,029
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 2,813,151 23 2,798,464
24 Unsecured notes and loans payable to unrelated third parties .... 17,000 24 24,000
25 Other liabilities. Complete Part X of Schedule D.....   25  
26 Total liabilities. Add lines 17 through 25..... 3,479,897 26 3,454,681
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 3,273,303 27 2,865,364
28 Temporarily restricted net assets .....   28  
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 3,273,303 33 2,865,364
34 Total liabilities and net assets/fund balances ..... 6,753,200 34 6,320,045
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
1,234,442
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
1,642,381
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
-407,939
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
3,273,303
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
0
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
2,865,364
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
...........................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization
(ii)
EIN
(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv)
Is the organization in col. (i) listed in your governing document?
(v)
Did you notify the organization in col. (i) of your support?
(vi)
Is the organization in col. (i) organized in the U.S.?
(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3..            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public Support. Subtract line 5 from line 4.            
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . 446,792 354,225 251,934 171,842 133,990 1,358,783
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... 1,268,411 1,295,092 1,003,565 1,030,990 1,071,251 5,669,309
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5. 1,715,203 1,649,317 1,255,499 1,202,832 1,205,241 7,028,092
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...           0
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.           0
c Add lines 7a and 7b..           0
8 Public Support (Subtract line 7c from line 6.)           7,028,092
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6... 1,715,203 1,649,317 1,255,499 1,202,832 1,205,241 7,028,092
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 36,961 53,019 37,168 23,349 8,455 158,952
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b. 36,961 53,019 37,168 23,349 8,455 158,952
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) 16,722 30,975 30,298 17,099 20,746 115,840
13 Total support (Add lines 9, 10c, 11 and 12.). 1,768,886 1,733,311 1,322,965 1,243,280 1,234,442 7,302,884
14
Section C. Computation of Public Support Percentage
15
15
96.240 %
16
16
96.560 %
Section D. Computation of Investment Income Percentage
17
17
2.180 %
18
18
2.220 %
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part I
Contributors (see Instructions)
     
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Aggregate contributions
(d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
(a) No.
from
Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(see instructions)
(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I
(b)
Purpose of gift
(c)
Use of gift
(d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I
(b)
Purpose of gift
(c)
Use of gift
(d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I
(b)
Purpose of gift
(c)
Use of gift
(d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I
(b)
Purpose of gift
(c)
Use of gift
(d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.
SchCMd Bullet Attach to Form 990 or Form 990-EZ. SchCMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
If the organization answered “Yes,” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes,” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes,” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35a (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization's direct and indirect political campaign activities on behalf of or in opposition to candidates for public office in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c) except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt funtion activities ....................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2010

Schedule C (Form 990 or 990-EZ) 2010
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check
B Check
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.)
(a) Filing
Organization's
Totals
(b) Affiliated Group
Totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.
   
  If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:    
  Not over $500,00020% of the amount on line 1e.    
  Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.    
  Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.    
  Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.    
  Over $17,000,000$1,000,000.    
       
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
  Calendar year (or fiscal year
beginning in)
(a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) Total
             
2a Lobbying non-taxable amount          
             
b Lobbying ceiling amount
(150% of line 2a, column(e))
         
             
c Total lobbying expenditures          
             
d Grassroots non-taxable amount          
             
e Grassroots ceiling amount
(150% of line 2d, column (e))
         
             
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2010


Schedule C (Form 990 or 990-EZ) 2010
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
(a)
Yes
No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
537
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? If "Yes," describe in Part IV ..........................
Yes
 
 
j
Total. lines 1c through 1i ...................................
537
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carryover lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) if BOTH Part III-A, lines 1 and 2 are answered “No” OR if Part III-A, line 3 is answered “Yes”.
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) non-deductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ...........................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; and Part ll-B, line 1i.
Also, complete this part for any additional information.
Identifier Return Reference Explanation
EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: ADVOCACY AND COMMUNICATION WITH LEGISLATORS FOR THE PURPOSE OF AFFORDABLE HOUSING ISSUES, TAX CREDIT ADVOCACY ALONG WITH GENERAL EDUCATION REGARDING AFFORDABLE HOUSING IN CENTRAL MINNESOTA AND HOW IT RELATES TO THE ACTIVITIES OF THE CENTRAL MINNESOTA HOUSING PARTNERSHIP.
Schedule C (Form 990 or 990EZ) 2010

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c 6,812
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e 2,767
f Ending balance ................................... 1f 4,045
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance ....      
b Contributions ........      
c Investment earnings or losses ...      
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........
     
f Administrative expenses ....      
g End of year balance ......      
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet  
b
Permanent endowment: SchDMd Bullet  
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
 
(ii) related organizations ........................
3a(ii)
 
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   502,469 502,469
b Buildings ................   5,467,277 2,058,568 3,408,709
c Leasehold improvements ............        
d Equipment ................   254,220 95,720 158,500
e Other .................        
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 4,069,678
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)
(b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1) DEVELOPER FEE RECEIVABLE 224,175
(2) ACCOUNTS RECEIVABLE - RELATED PROJECTS 836,661







Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet 1,060,836
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1  
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2  
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3  
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9  
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10  
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5  
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5  
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
  PART IV, LINE 1B: CMHP IS A FISCAL AGENT FOR RIVERSIDE TOWNHOMES
  PART IV, LINE 2B: THE ORGANIZATION COLLECTS SECURITY DEPOSITS FOR TENANTS TO COVER DAMAGES TO THE UNIT. THESE DEPOSITS WILL BE REMITTED BACK TO THE TENANTS AT THE END OF THE LEASE TERM NET OF DAMAGES INCURRED. THE ORGANIZATION ALSO COLLECTS AND DISBURSES FUNDS FOR CENTRAL MINNESOTA MULTI-FAMILY HOUSING LLC.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3) AND CORRESPONDING STATE TAX CODES. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION, AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE CONSOLIDATED HOUSING PROJECTS HAVE ELECTED TO BE TAXED AS PARTNERSHIPS. EARNINGS AND LOSSES ARE INCLUDED IN PERSONAL INCOME TAX RETURNS OF THE PARTNERS. THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION'S 2007-2009 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE ORGANIZATION FILES AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION WOULD BE SUBJECT TO REVIEW BY THE IRS.
Schedule D (Form 990) 2010

Additional Data


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Software Version:  




Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number
41-1752558
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed
......................... lBullet
(a) Name and address of organization
or government
(b) EIN (c) IRC Code section
if applicable
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
non-cash assistance
(h) Purpose of grant
or assistance
(1) EDEN PLACE APARTMENTS OF EDEN VALLEY LP37 28TH AVE N STE 102
ST CLOUD,MN56303
41-1880227   56,625       TO FUND CASH FLOW DEFICITS.






















2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
 
3
Enter total number of other organizations ................................ . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients
(c)Amount of
cash grant
(d)Amount of
non-cash assistance
(e)Method of valuation (book,
FMV, appraisal, other)
(f)Description of non-cash assistance













Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CMHP IS THE GENERAL PARTNER OF EDEN PLACE APARTMENTS OF EDEN VALLEY LIMITED PARTNERSHIP. AS SUCH, CMHP MUST FUND THE LOSSES OF THE ENTITY. CMHP MONITORS THE FINANCIAL STATEMENTS OF THE ENTITY TO ENSURE THE CORRECT AMOUNT IS TRANSFERRED.
Schedule I (Form 990) 2010


Additional Data


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Software Version:  


SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Identifier Return Reference Explanation
NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 EXPANDED SMALL CITIES DEVELOPMENT PROGRAM (SCDP) ACTIVITY TO INCLUDE THE CITIES OF PIERZ, LITTLE FALLS, AND ROYALTON, MN
CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 CMHP HAD NO ACTIVITY IN THE HOUSING PLANNING FOR COMMUNITIES AND SINGLE FAMILY HOUSING DEVELOPMENT AND BUILDING A BETTER NEIGHBORHOOD, CRV WERE VIRTUALLY AT A STANDSTILL. THERE WAS NO ACTIVITY IN OUR COMMUNITY LAND TRUST PROGRAM OTHER THEN ADMINISTERING THE BOARD ACTIVITY REQUIRED BY BY-LAWS AND GENERAL CORRESPONDENCE WITH THE HOME OWNERS. CMHP AND LAKES AND PINES CANCELLED THEIR CONTRACT TO PROVIDE ADMINISTRATIVE SUPPORT FOR FAMILY HOMELESS PREVENTION ENDING SEPTEMBER 30, 2010.
FORM 990, PART VI, SECTION B, LINE 11   CMHP'S EXECUTIVE DIRECTOR AND FINANCE DIRECTOR REVIEWED A DRAFT OF THE 990 FOR CONTENT AND ACCURACY AND MADE APPROPRIATE CHANGES. THE UPDATED DRAFT WAS THEN SENT TO ALL BOARD MEMBERS PRIOR TO A SCHEDULED BOARD MEETING. AT THE BOARD MEETING, THE 990 WAS REVIEWED AND DISCUSSED AND A MOTION TO RECEIVE AND FILE IT WAS MADE AND ACCEPTED PRIOR TO FILING.
  FORM 990, PART VI, SECTION B, LINE 12C EACH NEW RESPONSIBLE PERSON (I.E. OFFICER, MEMBER OF THE BOARD OF DIRECTORS, OR KEY EMPLOYEE OF CMHP) MUST REVIEW THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. ANNUALLY, EACH RESPONSIBLE PERSON SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THEY ARE INVOLVED THAT THEY BELIEVE COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. THE POLICY ITSELF IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD AND ANY CHANGES TO THE POLICY ARE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS.
  FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR POSITION OF CMHP IS THE ONLY POSITION WITHIN THE ORGANIZATION SUBJECT TO AN EXECUTIVE COMPENSATION REVIEW. THE CMHP BOARD HAS AND WILL REVIEW PERIODICALLY AND SET ITS SALARY RANGE FOR ALL POSITIONS WITHIN THE ORGANIZATION INCLUDING THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR COMPENSATION DECISIONS ARE TO BE BASED ON MARKET CONDITIONS FOR THE POSITION UNDER REVIEW USING COMPARABLES DRAWN FROM INDEPENDENT DATA SOURCES SUCH AS MINNESOTA COUNCIL OF NONPROFITS SALARY AND BENEFITS SURVEY, MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT SALARY/WAGE SURVEY, COMPARABLE NONPROFIT ORGANIZATION'S FORM 990, AND OTHER SOURCES AS IDENTIFIED. ALSO TAKEN INTO CONSIDERATION IS THE INDIVIDUAL'S JOB PERFORMANCE AND RELATED EXPERIENCE AND THE INCREASING COST OF DOING BUSINESS. THE CMHP BOARD WILL ADEQUATELY AND CONTEMPORANEOUSLY DOCUMENT THE REASONS FOR ITS DECISION IN SETTING THE LEVEL OF COMPENSATION IN THE ORGANIZATION'S MINUTES INCLUDING: THE TERMS OF THE DECISION AND DATE IT WAS APPROVED, THE MEMBERS OF THE BOARD OR COMMITTEE WHO WERE PRESENT DURING THE DEBATE AND THE VOTES CAST BY THOSE WHO VOTED ON IT, THE COMPARABILITY DATA OBTAINED AND RELIED UPON, AND CERTIFICATION THAT THE APPROVAL OCCURRED WITHOUT THE PARTICIPATION OF BOARD OR COMMITTEE MEMBERS WHO HAD A CONFLICT OF INTEREST. THIS RECORD MUST BE CREATED NO LATER THAN THE NEXT MEETING OF THE BOARD OR 60 DAYS AFTER FINAL APPROVAL OF THE COMPENSATION, WHICHEVER IS LATER, AND BE REVIEWED AND APPROVED BY THE GOVERNING BODY AS REASONABLE, ACCURATE AND COMPLETE WITHIN A REASONABLE TIME PERIOD THEREAFTER. THIS PROCEDURE WAS LAST UNDERTAKEN IN 2008.
  FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST OR BY CONTRACT, AND ARE EITHER SENT BY MAIL, FAXED OR EMAIL.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
CENTRAL MINNESOTA HOUSING PARTNERSHIP INC
 
Employer identification number

41-1752558
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Total income



(e)
End-of-year assets


(f)
Direct controlling
entity









(1) CENTRAL MINNESOTA SINGLE FAMILY HOUSING LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1999354
HOLD CONTRACTS AND PROPERTY MN 14,639 1,437,777 N/A
(2) HOWARD LAKE HOUSING PARTNERSHIP LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1999352
HOLD CONTRACTS AND PROPERTY MN 181,694 931,887 N/A
(3) CENTRAL MN MULTI-FAMILY HOUSING LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1999353
HOLD CONTRACTS MN 20 65,301 N/A
(4) WEST BIRCH TOWNHOMES LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1882176
HOLD CONTRACTS MN 19,935 51,263 N/A
(5) HIGHLAND COURT TOWNHOMES LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1988559
HOLD CONTRACTS MN 1,162 229,428 N/A
(6) RIVER VIEW TOWNHOMES LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
41-1838312
HOLD CONTRACTS MN 5,042 179,447 N/A
(7) SUNCREST TOWNS LLC
37 28TH AVENUE NORTH SUITE 102
ST CLOUD,MN56303
26-1569649
HOLD CONTRACTS MN 0 1,535 N/A
Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Exempt Code section



(e)
Public charity status
(if section 501(c)(3))

(f)
Direct controlling
entity

(g)
Section 512(b)(13) controlled organization
Yes No
(1) CENTRAL MINNESOTA COMMUNITY LAND TRUST

37 28TH AVENUE NORTH SUITE 102

ST CLOUD,MN56303
86-1129033
HOLD LAND LEASES MN 501(C)(3) 7 N/A
 
No












For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



(b)
Primary activity




(c)
Legal
domicile
(state or foreign
country)


(d)
Direct controlling
entity



(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




(g)
Share of end-of-year
assets



(h)
Disproprtionate allocations?




(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?



(k)
Percentage
ownership


Yes No Yes No
(1) LEIGHTONS LANDING TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1838318
RENTAL PROPERTY MN N/A
RELATED -1,522 103,815   No   Yes   50.500 %
(2) GRANITE LEDGE TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1911935
RENTAL PROPERTY MN N/A
RELATED -2,252 23,568   No   Yes   51.000 %
(3) RIDGEVIEW COURT TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1838310
RENTAL PROPERTY MN N/A
RELATED 53,535 112,683   No   Yes   51.000 %
(4) NORTHCREST TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1988547
RENTAL PROPERTY MN N/A
RELATED 5,358 53,710   No   Yes   51.000 %
(5) TURTLE RIDGE TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1944084
RENTAL PROPERTY MN N/A
RELATED -1,442 40,258   No   Yes   51.000 %
(6) TIMBERLAND TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
26-0011468
RENTAL PROPERTY MN N/A
RELATED 10,436 36,034   No   Yes   51.000 %
(7) WATERS EDGE TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1953074
RENTAL PROPERTY MN N/A
RELATED -13,877 39,785   No   Yes   52.000 %
(8) MEADOW VIEW TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
14-1859707
RENTAL PROPERTY MN N/A
RELATED -1,924 49,329   No   Yes   51.000 %
(9) GRAND OAKS TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
37-1481430
RENTAL PROPERTY MN N/A
RELATED 5,863 32,155   No   Yes   51.000 %
(10) RANT LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
32-0154205
RENTAL PROPERTY MN N/A
RELATED 24,430 -4,903   No   Yes   51.000 %
(11) GRAND OAKS COURT TOWNHOMES LLC

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
26-4388432
RENTAL PROPERTY MN N/A
RELATED 63,518 82,714   No   Yes   51.000 %
(12) ROCKFORD LP

201 NORTH BROAD STREET SUITE 305
MANKATO,MN56001
41-1802453
RENTAL PROPERTY MN N/A
RELATED -4,866 292,476   No     No 50.000 %
(13) LEIGHTONS LANDING TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1838315
RENTAL PROPERTY MN N/A
RELATED -3 98,755   No   Yes   0.010 %
(14) WEST BIRCH TOWMHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1882175
RENTAL PROPERTY MN WEST BIRCH TOWNHOMES LLC
 
RELATED -3 847,478   No   Yes   0.010 %
(15) GRANITE LEDGE TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1911936
RENTAL PROPERTY MN GRANITE LEDGE TOWNHOMES LLC
 
RELATED -6 72,799   No   Yes   0.010 %
(16) RIDGEVIEW COURT TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1838309
RENTAL PROPERTY MN RIDGEVIEW COURT TOWNHOMES LLC
 
RELATED -19,380 119,055   No   Yes   0.010 %
(17) TOWER TERRACE LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1783614
RENTAL PROPERTY MN N/A
RELATED 23,049 440,734   No   Yes   0.500 %
(18) EDEN PLACE APARTMENTS OF EDEN VALLEY LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1880227
RENTAL PROPERTY MN N/A
RELATED -60,874 90,073   No   Yes   1.000 %
(19) WATERS EDGE TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1953072
RENTAL PROPERTY MN WATERS EDGE TOWNHOMES LLC
 
RELATED -19,666 369,601   No   Yes   0.010 %
(20) TURTLE RIDGE TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1944085
RENTAL PROPERTY MN TURTLE RIDGE TOWNHOMES LLC
 
RELATED 1,238 415,097   No   Yes   0.010 %
(21) HIGHLAND COURT TOWNHOMES OF LITTLE FALLS LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1989654
RENTAL PROPERTY MN HIGHLAND COURT TOWNHOMES OF LITTLE FALLS LLC
 
RELATED -5 240,728   No   Yes   0.010 %
(22) NORTHCREST TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1989670
RENTAL PROPERTY MN NORTHCREST TOWN HOMES LLC
 
RELATED -9 258,658   No   Yes   0.010 %
(23) TIMBERLAND TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
26-0011499
RENTAL PROPERTY MN TIMBERLAND TOWNHOMES LLC
 
RELATED -11 75,565   No   Yes   0.010 %
(24) GRAND OAKS TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
38-3694959
RENTAL PROPERTY MN GRAND OAKS TOWNHOMES LLC
 
RELATED -9 148,800   No   Yes   0.010 %
(25) MEADOW VIEW TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
14-1859710
RENTAL PROPERTY MN MEADOW VIEW TOWNHOMES LLC
 
RELATED -7 364,446   No   Yes   0.010 %
(26) RIVER VIEW TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
41-1752558
RENTAL PROPERTY MN RIVER VIEW TOWNHOMES LLC
 
RELATED -75,485 278,279   No   Yes   0.010 %
(27) SUNCREST TOWNHOMES OF AVON LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
26-1569771
RENTAL PROPERTY MN SUNCREST TOWNHOMES OF AVON LLC
 
RELATED -17,377 459,450   No   Yes   0.010 %
(28) RANT OF SAUK RAPIDS LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
32-0154209
RENTAL PROPERTY MN RANT LLC
 
RELATED -26 417,091   No   Yes   0.010 %
(29) GRAND OAKS COURT TOWNHOMES LP

37 28TH AVENUE N SUITE 102
ST CLOUD,MN56303
26-4389219
RENTAL PROPERTY MN GRAND OAKS COURT TOWNHOMES LLC
 
RELATED -15 130,179   No   Yes   0.010 %
(30) ALBERTVILLE TOWNHOMES LP

2355 POLARIS LANE NORTH SUITE 100
PLYMOUTH,MN55447
26-0319044
RENTAL PROPERTY MN ALBERTVILLE TOWNHOMES GP LLC
 
RELATED -2     No     No 0.010 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



(b)
Primary activity



(c)
Legal domicile
(state or
foreign
country)
(d)
Direct controlling
entity


(e)
Type of entity
(C corp, S corp,
or trust)

(f)
Share of total income



(g)
Share of
end-of-year
assets

(h)
Percentage
ownership


(1) ALBERTVILLE TOWNHOMES GP LLC
2355 POLARIS LANE NORTH SUITE 100
PLYMOUTH,MN55447
26-0318929
HOLD CONTRACTS MN N/A
C -9 133 51.000 %












Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization
(b)
Transaction
type(a-r)
(c)
Amount involved
(d)
Method of determining amount involved
(1) EDEN PLACE APARTMENTS OF EDEN VALLEY LP

B 56,625  
(1)
(2)

(3)

(4)

(5)

(6)

Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Are all
partners
section
501(c)(3)
organizations?
(e)
Share of
end-of-year
assets
(f)
Disproprtionate allocations?
(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065)
(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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