Daytons Bluff Neighborhood Housing Services Inc
- Assets
- $22.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Saint Paul, MN
- Founding
- 07/1983
- Data as of
- 12/2021
- EIN
- 41-1386097
Organization Overview
Daytons Bluff Neighborhood Housing Services Inc is located in Saint Paul, MN. The organization was established in 1983. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Daytons Bluff Neighborhood Housing Services Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daytons Bluff Neighborhood Housing Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Daytons Bluff Neighborhood Housing Services Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RENEW PRIDE, RESTORE CONFIDENCE, PROMOTE REINVESTMENT AND REVITALIZE THE NHS NEIGHBORHOOD(S) THROUGH THE EFFORTS OF LOCAL RESIDENTS ACTING IN CONCERT WITH FINANCIAL INSTITUTIONS, THE INSURANCE INDUSTRY, CORPORATE ENTERPRISE AND THE BUSINESS COMMUNITY, COMMUNITY ORGANIZATIONS, FOUNDATIONS AND GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY DEVELOPMENT BLOCK PROGRAM PROVIDED FUNDING FOR REHABILITATION OF SUBSTANDARD HOUSES IN NEED OF REPAIR; PROVIDED LOW INCOME FINANCING.
NEIGHBOR WORKS AMERICA PROVIDED FUNDED TO SUPPORT THE REHABILITATION OF SUBSTANDARD HOUSING IN NEED OF REPAIR AND THE NEW CONSTRUCTION OF AFFORDABLE HOUSING.
THE MINNESOTA HOUSING FINANCE AGENCY PROGRAM PROVIDED FUNDS TO ASSIST LOW/MODERATE INCOME HOMEOWNERS IN REHABILITATING THEIR HOMES
THE HOME IMPROVEMENT PLUS PROGRAM PROVIDED FUNDING FOR THE REHABILITATION OF SUBSTANDARD HOUSES IN NEED OF REPAIR; THE HOMEONWER PROGRAM PROVIDED FUNDING TO CONSTRUCT NEW AFFORDABLE SINGLE FAMILY HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Erchul Executive Di | Officer | 40 | $102,272 |
John Fahey Board Sect | OfficerTrustee | 1 | $0 |
Martin Shimko Board Vice P | OfficerTrustee | 1 | $0 |
Diane May President | OfficerTrustee | 1 | $0 |
Bill Sarvela Treasurer | OfficerTrustee | 1 | $0 |
Kate Cunningham Board Dir. | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,606,637 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,717,776 |
| Total Program Service Revenue | $102,924 |
| Investment income | $3,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,487,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $974,532 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,272 |
| Compensation of current officers, directors, key employees. | $12,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,329 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,407 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $335 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,718 |
| Insurance | $0 |
| All other expenses | $33,442 |
| Total functional expenses | $3,101,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,406,108 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $284,251 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,495,977 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,692,131 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,378,951 |
| Total assets | $22,257,418 |
| Accounts payable and accrued expenses | $234,120 |
| Grants payable | $257,118 |
| Deferred revenue | $115,123 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,282,681 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,889,042 |
| Net assets without donor restrictions | $257,207 |
| Net assets with donor restrictions | $17,111,169 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,257,418 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Daytons Bluff Neighborhood Housing Services Inc has recieved totaling $369,000.
| Awarding Organization | Amount |
|---|---|
Neighborhood Reinvestment Corp Washington, DC PURPOSE: GENERAL SUPPORT | $349,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Veterans Issues Inc Milwaukee, WI | $5,642,001 | $8,532,002 |
Neighborworks Home Partners Saint Paul, MN | $22,327,379 | $11,840,532 |
Little Earth Of United Tribes Housing Corporation Minneapolis, MN | $16,435,271 | $3,915,477 |
Invest Dsm Des Moines, IA | $13,108,701 | $110,576 |
Daytons Bluff Neighborhood Housing Services Inc Saint Paul, MN | $22,257,418 | $1,487,305 |
Neighborhood Development Corp Des Moines, IA | $6,803,177 | $2,495,754 |
Rebuilding Together - Twin Cities Minneapolis, MN | $1,295,176 | $2,009,168 |
Habitat For Humanity International Inc Willmar, MN | $2,974,753 | $963,982 |
Wisconsin Preservation Fund Inc Milwaukee, WI | $12,189,934 | $1,036,720 |
Legacy Redevelopment Corporation Milwaukee, WI | $10,634,504 | $972,706 |
Brainerd South Housing Group Inc Brainerd, MN | $1,742,660 | $335,729 |
Dallas County Local Housing Trust Fund Inc West Des Moines, IA | $26,861 | $209,515 |