Sterling Housing Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Anthony, MN
- Founding
- 06/1999
- Data as of
- 12/2020
- EIN
- 41-1728926
Organization Overview
Sterling Housing Corporation is located in St Anthony, MN. The organization was established in 1999. 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. Sterling Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ACQUISITION, DEVELOPMENT AND PROVISION OF LOW-INCOME HOUSING, INCLUDING THE MANAGEMENT AND LEASING OF SUCH PROPERTIES, AND PERFORMANCE OF SERVICES FOR TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
N/A
THE MAIN LOW-INCOME HOUSING FACILITY WAS DISPOSED OF AT THE END OF 2016 PROVIDING ADDITONAL PROGRAM REVENUE WHICH WAS THEN DISBURSED DURING 2017.
N/A
N/A
N/A
THE MAIN LOW-INCOME HOUSING FACILITY WAS DISPOSED OF AT THE END OF 2016 PROVIDING ADDITONAL PROGRAM REVENUE WHICH WAS THEN DISBURSED DURING 2017.
N/A
N/A
N/A
THE MAIN LOW-INCOME HOUSING FACILITY WAS DISPOSED OF AT THE END OF 2016 PROVIDING ADDITONAL PROGRAM REVENUE WHICH WAS THEN DISBURSED DURING 2017.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Urbanos Treasurer | OfficerTrustee | 0 | $0 |
James Winkels Director | OfficerTrustee | 0 | $0 |
Robert Foster President | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Sterling Housing Corporation has awarded $107,225 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S UNIVERSITY PURPOSE: IMMUKALA SCHOLARS; MCNEELY CENTER FOR ENTREPRENEURSHIP; CLASS OF 1972 REUNION GIFT | $70,725 |
Minneapolis, MN PURPOSE: COMPUTER FOR ALTERNATIVE HIGH SCHOOL | $15,000 |
Sonoma, CA PURPOSE: HIGH SCHOOL MEDIA ARTS PROGRAM | $7,500 |
Saint Joseph, MN PURPOSE: GENERAL SUPPORT | $5,000 |
Minneapolis, MN PURPOSE: CRISIS CARE | $3,000 |
Minneapolis, MN PURPOSE: AFFORDABLE HOUSING | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Community Options Inc Winona, MN | $11,542,509 | $9,788,629 |
Phm New Richmond Senior Housing Inc Roseville, MN | $18,158,628 | $8,376,438 |
Greater Minnesota Housing Fund St Paul, MN | $209,115,546 | $19,170,053 |
American Indian Community Development Corporation Minneapolis, MN | $37,892,319 | $10,832,403 |
Habitat For Humanity International Inc Madison, WI | $16,210,690 | $8,401,610 |
Phw Menomonee Falls Inc Roseville, MN | $45,125,918 | $7,810,658 |
Habitat For Humanity International Inc Menasha, WI | $15,348,102 | $7,467,447 |
Affordable Housing Network Inc Cedar Rapids, IA | $25,730,785 | $5,702,234 |
Anawim Housing Des Moines, IA | $12,399,814 | $6,675,013 |
Housing Alternatives Development Company Deephaven, MN | $21,981,547 | $6,818,305 |
Community Housing Initiatives Inc Spencer, IA | $50,484,883 | $5,152,673 |
Riverton Community Housing Minneapolis, MN | $52,152,152 | $6,167,785 |