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Nonprofit · EIN 41-0961625

MINNESOTA MULTI HOUSING ASSN

Tax-exempt · BLOOMINGTON, MN 55431

Financials

$2.5M$2.4M2023$2.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA MULTI HOUSING ASSN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,488,616$2,354,908$133,708$3,069,408$1,461,034$1,608,374
December 31, 2023990$2,480,491$2,364,396$116,095$2,861,234$1,386,770$1,474,464
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,000
Program service revenue
$2,385,241
Investment income
$68,375
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$246,598
Salaries, compensation and benefits (total)
$320,686
Professional fundraising fees
$0
Accounting fees
$14,740
Occupancy
$173,064
Depreciation
$34,530

Balance sheet and other

Total assets, start of year
$2,861,234
Total assets, end of year
$3,069,408
Total liabilities, end of year
$1,461,034
Net assets, end of year
$1,608,374
Land, buildings and equipment
$135,723
Publicly traded securities
$531,886
Net assets without donor restrictions
$1,608,374
Gross receipts
$2,488,616
Employees
14
Volunteers
900
Year formed
1967
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CECIL SMITHPRESIDENT
Trustee or director, Officer
40$234,947$14,740
TODD LILJENQUISTEMPLOYEE
Highest-paid employee
40$160,074$12,142
AUBREY ALBRECHTEMPLOYEE
Highest-paid employee
40$128,663$9,075
MARTIN MCDONOUGHEMPLOYEE
Highest-paid employee
40$108,573$13,968
LEANNA STEFANIAKIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
MATT TEASDALEBOARD CHAIR
Trustee or director, Officer
1$0$0
WILLIAM CULLENSECRETARY
Trustee or director, Officer
1$0$0
JENNIFER GORDONFIRST VICE CHAIR
Trustee or director, Officer
1$0$0
ERIN FRANSENSECOND VICE CHAIR
Trustee or director, Officer
1$0$0
HEATHER FLEETHAMTREASURER
Trustee or director, Officer
1$0$0
BRENDA HVAMBSALDIRECTOR
Trustee or director
1$0$0
ASHER GAVZYDIRECTOR
Trustee or director
1$0$0
JAKE HENNINGERDIRECTOR
Trustee or director
1$0$0
JESSICA HUEBNERDIRECTOR
Trustee or director
1$0$0
TOM KENDHAMMERDIRECTOR
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
JIM RUBINDIRECTOR
Trustee or director
1$0
LAURA RUSSDIRECTOR
Trustee or director
1$0
JENNIFER ULMERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
CECIL SMITHPRESIDENT
Trustee or director, Officer
40$229,610$15,308
TODD LILJENQUISTEMPLOYEE
Highest-paid employee
40$150,595$12,544
AUBREY ALBRECHTEMPLOYEE
Highest-paid employee
40$121,934$9,090
MARTIN MCDONOUGHEMPLOYEE
Highest-paid employee
40$104,619$11,248
JENNIFER SPADINEIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
MATT TEASDALEFIRST VICE CHAIR
Trustee or director, Officer
1$0$0
BRENDA HVAMBSALSECRETARY
Trustee or director, Officer
1$0$0
JENNIFER GORDONSECOND VICE CHAIR
Trustee or director, Officer
1$0$0
LEANNA STEFANIAKBOARD CHAIR
Trustee or director, Officer
1$0$0
WILL DERRINGHERDIRECTOR
Trustee or director
1$0$0
ASHER GAVZYDIRECTOR
Trustee or director
1$0$0
AMANDA HIRTZELDIRECTOR
Trustee or director
1$0$0
JESSICA HUEBNERDIRECTOR
Trustee or director
1$0$0
TOM KENDHAMMERDIRECTOR
Trustee or director
1$0$0
JIM RUBINDIRECTOR
Trustee or director
1$0$0
LAURA RUSSDIRECTOR
Trustee or director
1$0$0
JENNIFER ULMERDIRECTOR
Trustee or director
1$0$0
ERIN FRANSENTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
7900 XERXES AVENUE S, BLOOMINGTON, MN 55431-1106
Principal officer (990 for 2024)
CECIL SMITH, 7900 XERXES AVENUE S, BLOOMINGTON, MN 55431
Signed the 990
CECIL SMITH, PRESIDENT
Phone
(952) 854-8500
Return prepared by
SMITH SCHAFER & ASSOCIATES LTD

Mission

TO SUPPORT THE MULTI-HOUSING INDUSTRY THROUGH PUBLIC POLICY LEADERSHIP, EDUCATIONAL OPPORTUNITIES, COMMUNICATIONS AND MARKETING IN WAYS THAT ENHANCE THE INDUSTRY FOR ITS MEMBERS, ITS RESIDENTS AND ITS COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION - PROVIDING EDUCATION TO MULTI-HOUSING OWNERS, MANAGERS AND OTHER EMPLOYEES.MHA EDUCATES MORE THAN 5,000 MULTI HOUSING PROFESSIONALS EACH YEAR. OUR PROGRAMS ARE NATIONALLY RECOGNIZED AS A BENCHMARK FOR STATE CONFERENCES, CERTIFICATION PROGRAMS AND OTHER LEARNING OPPORTUNITIES. THE OVER 100 EDUCATIONAL OPPORTUNITIES WE OFFER EVERY YEAR INCLUDES TRAINING FOR OWNERS, MANAGERS, MAINTENANCE TECHNICIANS AND LEASING CONSULTANTS. A SAMPLING OF SUBJECTS INCLUDES FAIR HOUSING, LANDLORD/TENANT LAW, EFFECTIVE LEASING, TROUBLESHOOTING MAINTENANCE REPAIRS, DIVERSITY TRAINING AND SUPERVISING SMART.
    Expenses $515,926 · revenue $616,124
  • GOVERNMENTAL AFFAIRS & PUBLIC RELATIONS -SUCCESSFULLY LOBBIED AT STATE AND LOCAL LEVELS OF GOVERNMENT; PROVIDED RESOURCES AND PROMOTED THE INDUSTRY, RESIDENTS AND COMMUNITIES.DISTRIBUTING OUR PRINCIPLES OF SUCCESSFUL RENTAL PROPERTY MANAGEMENT BROCHURES HELP PROPERTY OWNERS TO OPERATE EFFECTIVELY AND HELPS TO ENSURE THAT THEIR BUSINESS PRACTICES ADD TO THE ECONOMIC GROWTH OF THE COMMUNITY. OUR PARTNERSHIPS WITH CITIES AND CRIME-FREE PROGRAM OFFICERS AID IN TRAINING OWNERS AND MANAGERS ON PROPER MANAGEMENT PRACTICES. OUR HOTLINE AND OTHER RESOURCES PROVIDE BOTH RENTERS AND PROPERTY MANAGERS THE KNOWLEDGE NECESSARY TO FOSTER POSITIVE BUSINESS RELATIONSHIPS. AND, OUR INDUSTRY PROFESSIONALS HELP TO PREPARE HIGH SCHOOL STUDENTS FOR LOOKING FOR AN APARTMENT, SIGNING A LEASE, AND LIVING ON THEIR OWN AS RESPONSIBLE CONTRIBUTORS TO THEIR COMMUNITIES.
  • MEETINGS - TRAINING AND MEMBERSHIP EVENTS.MHA HOSTS SEVERAL MONTHLY MEETINGS FOR OWNERS, MANAGERS AND EMPLOYEES OF MULTI HOUSING TO IMPROVE THEIR BUSINESS SKILLS AND KNOWLEDGE. SEVERAL HUNDRED PEOPLE ATTEND THESE PROGRAMS EACH YEAR. THESE PROGRAMS ARE AIMED AT OWNERS OF SMALL TO MID-SIZE RENTAL PROPERTIES AND COMMON INTEREST COMMUNITIES. IN ADDITION WE HAVE MULTIPLE PROGRAMS WHICH OFFER NETWORKING OPPORTUNITIES TO OUR MEMBERS, HELP BUILD COMMUNITY AND RECOGNIZE OUTSTANDING ACCOMPLISHMENTS. OVER 1500 PEOPLE ATTEND THESE PROGRAMS ANNUALLY.
    Expenses $355,034 · revenue $500,628

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0961625
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,069,408
Income (IRS master file)
$2,488,616

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,488,616$2,354,908$3,069,408IRS
990December 2023$2,480,491$2,364,396$2,861,234XML
990December 2022$2,106,658$1,972,830$2,137,914IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0961625).

Questions about MINNESOTA MULTI HOUSING ASSN

What is the EIN of MINNESOTA MULTI HOUSING ASSN?
The employer identification number (EIN) of MINNESOTA MULTI HOUSING ASSN is 41-0961625.
Is MINNESOTA MULTI HOUSING ASSN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1971.
Are donations to MINNESOTA MULTI HOUSING ASSN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MINNESOTA MULTI HOUSING ASSN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA MULTI HOUSING ASSN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA MULTI HOUSING ASSN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MINNESOTA MULTI HOUSING ASSN?
The 990 for the year ended December 31, 2024 names CECIL SMITH.
Who are the officers and directors of MINNESOTA MULTI HOUSING ASSN?
The 990 for the year ended December 31, 2024 lists 18 people; 4 received compensation from the organization, the highest $234,947 (CECIL SMITH, PRESIDENT).
How much revenue does MINNESOTA MULTI HOUSING ASSN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,488,616, expenses of $2,354,908 and total assets of $3,069,408 at year end.

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