One Roof Community Housing
- Assets
- $17.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Duluth, MN
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 41-1678328
Organization Overview
One Roof Community Housing is located in Duluth, MN. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, One Roof Community Housing employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Roof Community Housing 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 12/2022, One Roof Community Housing generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE AFFORDABLE HOMES & STRENGTHEN COMMUNITIES THROUGH WISE STEWARDSHIP OF LAND & RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY LAND TRUST (CLT) PROGRAM: DEVELOPMENT AND STEWARDSHIP OF PERMANENTLY AFFORDABLE CLT HOMES FOR PURCHASE BY LOW-MODERATE INCOME HOUSEHOLDS TO ENSURE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES WILL EXIST IN OUR COMMUNITY FOR FUTURE GENERATIONS. CURRENT FOCUS IS ON ACQUISITION-REHABILITATION AND SALE OF PROPERTIES IN DULUTH, PROCTOR, HERMANTOWN, CLOQUET AND TWO HARBORS. WE ALSO HAVE A SMALL NUMBER OF NEW CONSTRUCTION HOMES IN THE DULUTH AREA THAT WILL BE COMPLETED IN 2024-2025. IN 2023, ONE ROOF HELPED 22 HOUSEHOLDS PURCHASE A HOME, WHICH INCLUDED ACQUISITION/REHAB HOMES AND RESALE HOMES.
TENANT-LANDLORD CONNECTION (TLC) PROGRAM: THIS LINE OF BUSINESS PROVIDES EDUCATION, INFORMATION, AND PROBLEM-SOLVING ASSISTANCE AS A WAY TO IMPROVE TENANT-LANDLORD RELATIONS AND REDUCE THE NUMBER OF HOUSING EVICTIONS IN OUR COMMUNITY. THE MISSION OF THE TLC IS TO ENSURE THAT STABLE RENTAL HOUSING EXISTS BY EDUCATING EXISTING AND POTENTIAL LANDLORDS AND TENANTS REGARDING THEIR RESPECTIVE RIGHTS AND RESPONSIBILITIES AND BY MEDIATING DISPUTES BETWEEN LANDLORDS AND TENANTS. IN 2023, THE TLC SERVED A TOTAL OF 604 HOUSEHOLDS AND PREVENTED 31 EVICTIONS.
MULTIFAMILY HOUSING DEVELOPMENT SERVICES: ONE ROOF DEVELOPS AFFORDABLE RENTAL HOUSING OPPORTUNITIES FOR LOWER INCOME HOUSEHOLDS IN OUR COMMUNITY AND TO HELP INDIVIDUALS EXPERIENCING HOMELESSNESS. NEW MULTI-FAMILY PROJECTS INCLUDE DECKER DWELLINGS, A 42-UNIT APARTMENT BUILDING LOCATED IN DULUTH HEIGHTS. BREWERY CREEK APARTMENTS WAS AWARDED LIHTC FUNDING IN 2021 AND WILL PROVIDE 52 UNITS OF AFFORDABLE RENTAL HOUSING, INCLUDING 22 UNITS FOR PEOPLE EXPERIENCING HOMELESSNESS. BREWERY CREEK APARTMENTS IS EXPECTED TO OPEN IN SUMMER 2024. PLOVER PLACE, A NEW MODEL FOR HOUSING, WILL PROVIDE 24 UNITS OF AFFORDABLE HOUSING TO UNHOUSED SINGLE PEOPLE. EXPECTED TO SOON RECEIVE FORMAL FUNDING COMMITMENTS FROM BOTH THE CITY OF DULUTH AND ST. LOUIS COUNTY, CONSTRUCTION WILL THEN BE COMPLETED IN 2023. BRAE VIEW SENIOR APARTMENTS WAS AWARDED FINAL FUNDING NEEDED IN 2023. THE PROJECT WILL PROVIDE 72 UNITS OF AFFORDABLE RENTAL HOUSING, INCLUDING COMMUNITY SPACE FOR CHILDCARE AND OFFICE SPACE DESIGNATED FOR SERVICE PROVIDERS.
HOMEBUYER EDUCATION: HOME STRETCH CLASSES AND PRE/POST PURCHASE COUNSELING AND EDUCATION TO ENSURE THAT LOWER INCOME HOMEOWNERS ARE PREPARED TO BE SUCCESSFUL IN THEIR HOMEOWNERSHIP ENDEAVORS. HOME STRETCH CLASSES ARE OFFERED 12 TIMES PER YEAR. IN 2023, 165 HOUSEHOLDS COMPLETED THE HOME STRETCH CLASS AND 140 NEW HOUSEHOLDS UTILIZED HOMEBUYER COUNSELING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Henagin One Roof Board Member/cg Board Member | Trustee | 1 | $0 |
Mary Frances Skala One Roof Board Member | Trustee | 1 | $0 |
Bob Ryan One Roof Board Member | Trustee | 1 | $0 |
Joel Tracey One Roof Board Member | Trustee | 1 | $0 |
Ryan Jones-Casey One Roof Board Chair | OfficerTrustee | 1 | $0 |
Brian Murphy One Roof Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crawford Excavating Llc Construction Constractor | 12/30/18 | $601,635 |
S & C Masonry-concrete Construction Constractor | 12/30/18 | $117,006 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,855 |
| Related organizations | $0 |
| Government grants | $2,052,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,000 |
| Noncash contributions included in lines 1a–1f | $1,440 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,742,483 |
| Total Program Service Revenue | $288,707 |
| Investment income | $20,520 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$104,067 |
| Net Gain/Loss on Asset Sales | $119,906 |
| Net Income from Fundraising Events | -$2,540 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$842,627 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,222,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,144 |
| Compensation of current officers, directors, key employees. | $56,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,048,803 |
| Pension plan accruals and contributions | $70,049 |
| Other employee benefits | $99,049 |
| Payroll taxes | $93,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,939 |
| Fees for services: Accounting | $32,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,100 |
| Advertising and promotion | $15,264 |
| Office expenses | $16,086 |
| Information technology | $86,908 |
| Royalties | $0 |
| Occupancy | $39,248 |
| Travel | $41,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,029 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,726 |
| Insurance | $20,325 |
| All other expenses | $2,053 |
| Total functional expenses | $1,940,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,910,481 |
| Savings and temporary cash investments | $953,617 |
| Pledges and grants receivable | $409,482 |
| Accounts receivable, net | $991,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,617,931 |
| Prepaid expenses and deferred charges | $78,915 |
| Net Land, buildings, and equipment | $4,198,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $5,247,238 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,407,125 |
| Accounts payable and accrued expenses | $1,548,368 |
| Grants payable | $0 |
| Deferred revenue | $1,261,182 |
| 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 | $2,879,822 |
| Unsecured mortgages and notes payable | $950,000 |
| Other liabilities | $26,537 |
| Total liabilities | $6,665,909 |
| Net assets without donor restrictions | $9,248,551 |
| Net assets with donor restrictions | $1,492,665 |
| 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 | $17,407,125 |