Centennial Square

Organization Overview

Centennial Square is located in Willmar, MN. The organization was established in 1995. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centennial Square 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 09/2021, Centennial Square generated $200.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $217.5k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CENTENNIAL SQUARE PROVIDES ELDERLY AND HANDICAPPED HOUSING SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTENNIAL SQUARE OPERATES A 39-UNIT APARTMENT BUILDING FOR THE VERY LOW INCOME ELDERLY AND DISABLED PERSONS WHO MEET THE STANDARDS AS SET BY HUD. THE HOUSING IS LOCATED IN WILLMAR, MN. EACH APARTMENT INCLUDES ONE BEDROOM, BATHROOM, A KITCHEN, AND LIVING ROOM. THE BUILDING INCLUDES SPACIOUS COMMUNITY SPACES AND COIN-FREE LAUNDRY FACILITIES. CENTENNIAL SQUARE OFFERS MANY OPPORTUNITIES FOR SOCIALIZATION INCLUDING OUTINGS, SPECIAL MEAL EVENTS, AND GAMES. CENTENNIAL SQUARE HAS ENJOYED 99.2% OCCUPANCY, SERVING 39 PEOPLE, IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Nathan Streed
Chair
$0
Sherri Pool
Secretary
$0
Roger Ahrenholz
Chair Vice
$0
Michelle Haefner
CEO
$0
Ashley Bormann
Administrator
$0
Tamala Gjerde
Finance Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$324
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$324
Total Program Service Revenue$199,558
Investment income $87
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 $199,969

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