Nonprofit · EIN 41-1377647
MADELIA HOUSING INC
Tax-exempt · MANKATO, MN 56001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $367,725 | $340,135 | $27,590 | $629,033 | $1,213,210 | -$584,177 |
| December 31, 2024 | 990 | $350,638 | $347,727 | $2,911 | $642,253 | $1,254,020 | -$611,767 |
| December 31, 2023 | 990 | $341,512 | $326,117 | $15,395 | $669,015 | $1,283,693 | -$614,678 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $367,616
- Investment income
- $109
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $52,426
- Program services (functional)
- $340,135
Balance sheet and other
- Total assets, start of year
- $642,253
- Total assets, end of year
- $629,033
- Total liabilities, end of year
- $1,213,210
- Net assets, end of year
- -$584,177
- Land, buildings and equipment
- $351,895
- Net assets without donor restrictions
- -$584,177
- Gross receipts
- $367,725
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1982
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE WOLLE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOAN K HELLING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN VISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| BEN ODEGARD | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BECK | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID WALZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS FISCHER | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE WOLLE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOAN K HELLING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN VISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| BEN ODEGARD | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BECK | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID WALZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS FISCHER | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARLA ANGUS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOAN K HELLING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN VISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| BEN ODEGARD | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BECK | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID WALZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS FISCHER | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 201 N BROAD ST STE 109, MANKATO, MN 56001-3569
- In care of
- % SECURITY MANAGEMENT
- Principal officer (990 for 2025)
- KATIE WOLLE, 201 N BROAD STREET SUITE 109, MANKATO, MN 56001
- Signed the 990
- KATIE WOLLE, CURRENT PRESIDENT
- Phone
- (507) 642-8822
- Return prepared by
- MAHONEY ULBRICH CHRISTIANSEN & RUSS PA
Mission
PROVIDE LOW INCOME HOUSING
Program accomplishments
- OPERATE A 40-UNIT APARTMENT COMPLEX WITH THREE BUILDINGS LOCATED IN MADELIA, MINNESOTA.Expenses $340,135 · revenue $367,616
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1377647
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $629,033
- Income (IRS master file)
- $367,725
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $367,725 | $340,135 | $629,033 | IRS |
| 990 | December 2024 | $350,638 | $347,727 | $642,253 | IRS |
| 990 | December 2023 | $341,512 | $326,117 | $669,015 | XML |
| 990 | December 2020 | – | – | – | 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 41-1377647).
Questions about MADELIA HOUSING INC
- What is the EIN of MADELIA HOUSING INC?
- The employer identification number (EIN) of MADELIA HOUSING INC is 41-1377647.
- Is MADELIA HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1980.
- Are donations to MADELIA HOUSING INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MADELIA HOUSING INC 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 MADELIA HOUSING INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADELIA HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MADELIA HOUSING INC?
- The 990 for the year ended December 31, 2025 names KATIE WOLLE.
- Who are the officers and directors of MADELIA HOUSING INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MADELIA HOUSING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $367,725, expenses of $340,135 and total assets of $629,033 at year end.
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