WEST HENNEPIN AFFORDABLE HOUSING LAND TR: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: WEST HENNEPIN AFFORDABLE HOUSING LAND TR (EIN 41-2019107)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-10-14
IRS object ID: 202022889349300902
Schema version: 2019v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-10-14T13:06:04-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	411647057	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAHONEYULBRICHCHRISTIANSEN & RUSS PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 RIVER PARK PLAZA SUITE 800	AddressLine1Txt
City	SAINT PAUL	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55107	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	412019107	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WEST HENNEPIN AFFORDABLE HOUSING LAND	BusinessNameLine1Txt
Business Name Line2	TRUST	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	WEST	BusinessNameControlTxt
Phone	9524017071	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5101 THIMSEN AVENUE NO 202	AddressLine1Txt
City	MINNETONKA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55345	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JANET A LINDBO	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	9524017071	PhoneNum
Signature	2020-10-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARC A KOTSONAS	PreparerPersonNm
PTIN	P00544551	PTIN
Phone	6512276695	PhoneNum
Preparation	2020-10-13	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	24.118.61.118	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-10-13	IPDt
IP Tm	13:34:30	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8FCC0AE5B5C62EA2E1ECCE65A8D774828604CBA2	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	HOMES WITHIN REACH	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	JANET A LINDBO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5101 THIMSEN AVENUE NO 202	AddressLine1Txt
City	MINNETONKA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55345	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,269,948	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.HOMESWITHINREACH.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2001	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION PROVIDES PERMANENTLY AFFORDABLE HOUSING OWNERSHIP OPPORTUNITIES FOR LOW TO MODERATE INCOME PEOPLE WITHIN SUBURBAN HENNEPIN COUNTY.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,767,647	PYContributionsGrantsAmt
CY Contributions Grants	$1,792,243	CYContributionsGrantsAmt
PY Program Service Revenue	$102,324	PYProgramServiceRevenueAmt
CY Program Service Revenue	$112,801	CYProgramServiceRevenueAmt
PY Investment Income	-$524,696	PYInvestmentIncomeAmt
CY Investment Income	-$732,815	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,345,275	PYTotalRevenueAmt
CY Total Revenue	$1,172,229	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$177,330	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$185,645	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$37,635	CYTotalFundraisingExpenseAmt
PY Other Expenses	$88,159	PYOtherExpensesAmt
CY Other Expenses	$116,490	CYOtherExpensesAmt
PY Total Expenses	$265,489	PYTotalExpensesAmt
CY Total Expenses	$302,135	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,079,786	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$870,094	CYRevenuesLessExpensesAmt
Total Assets BOY	$14,487,011	TotalAssetsBOYAmt
Total Assets EOY	$16,113,518	TotalAssetsEOYAmt
Total Liabilities BOY	$535,484	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,291,897	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,951,527	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$14,821,621	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST (WHAHLT) DBA HOMES WITHIN REACH (HWR) WAS CREATED IN MAY 2001; A COMMUNITY LAND TRUST WHOSE SERVICE AREA IS THE 44 COMMUNITIES OF SUBURBAN HENNEPIN COUNTY; AND CURRENTLY ACTIVE IN TWELVE (12) COMMUNITIES IN THE SUBURBS OF HENNEPIN COUNTY. WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST VISION IS TO TRANSFORM PEOPLE'S LIVES THROUGH HOMEOWNERSHIP. THE MISSION IS TO USE THE COMMUNITY LAND TRUST PRACTICE TO PROVIDE AFFORDABLE HOMEOWNERSHIP FOR WORKING FAMILIES THAT WOULD BE OTHERWISE UNABLE TO PURCHASE A HOME IN THE WEST HENNEPIN SUBURBAN COMMUNITIES, OFFERING BOTH COMMUNITIES AND HOMEBUYERS THE ABILITY TO SUSTAIN PERMANENTLY AFFORDABLE HOMEOWNERSHIP.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$89,419	ExpenseAmt
Revenue	-$620,218	RevenueAmt
Desc	WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST (WHAHLT) DBA HOMES WITHIN REACH (HWR) HAS IMPLEMENTED THE COMMUNITY LAND TRUST PRACTICE IN TWELVE (12) HENNEPIN COUNTY SUBURBAN COMMUNITIES SINCE THE SPRING OF 2002. WHAHLT WAS CREATED TO INCREASE THE NUMBER OF HOMEOWNERSHIP OPPORTUNITIES THAT EXIST FOR WORKING HOUSEHOLDS IN SUBURBAN HENNEPIN COUNTY. THE MISSION IS TO USE THE COMMUNITY LAND TRUST PRACTICE TO PROVIDE PERMANENTLY AFFORDABLE OWNERSHIP HOUSING FOR WORKING FAMILIES THAT WOULD BE OTHERWISE UNABLE TO BUY A HOME IN THE HENNEPIN SUBURBAN COMMUNITIES, OFFERING BOTH COMMUNITIES AND HOMEBUYERS THE ABILITY TO SUSTAIN LONG-TERM AFFORDABLE HOMEOWNERSHIPTHIS IS ACHIEVED BY ACQUIRING AND RETAINING THE OWNERSHIP OF REAL PROPERTY, REHABILITATING AND THEN SELLING THE IMPROVEMENTS (HOME) TO HOMEOWNERS EARNING LESS THAN 80% AREA MEDIAN INCOME. THIS ARRANGEMENT BETWEEN THE HOMEOWNER AND HWR PROTECTS HOUSING AFFORDABILITY IN PERPETUITY BY ENSURING THAT THE HOME IS AFFORDABLE FOR LOW TO MODERATE INCOME WORKFORCE HOUSEHOLDS UPON THE SALE AND FUTURE SALES OF A SINGLE-FAMILY HOME. AS OF JULY 29, 2019, WHAHLT HAS ACQUIRED 154 PROPERTIES SINCE IT BEGAN CREATING AND PRESERVING AFFORDABLE HOMEOWNERSHIP AND HAS ASSISTED 175 FAMILIES IN PURCHASING A HOMES IN THE COMMUNITIES OF BLOOMINGTON, BROOKLYN PARK, DEEPHAVEN, EDINA, EDEN PRAIRIE, GOLDEN VALLEY, MAPLE GROVE, MINNETONKA, NEW HOPE, RICHFIELD, ST. LOUIS PARK AND WAYZATA. THE REASON FOR GROWING IN THESE SPECIFIC COMMUNITIES IS THAT EACH ONE OF THESE CITIES HAS DEMONSTRATED A WILLINGNESS TO COLLABORATE WITH WHAHLT IN CREATING AFFORDABLE HOMEOWNERSHIP. THE PROGRAM OFFERS AN OPPORTUNITY FOR WORK-FORCE HOUSEHOLDS TO BECOME HOMEOWNERS, WHICH IN TURN STABILIZES THE FAMILY UNIT, ADDS VALUE TO THE COMMUNITY WHERE THEY WORK OR LIVE, BY INCREASING THE LABOR POOL TO LOCAL BUSINESSES, ADDING NEW FAMILIES TO THE COMMUNITY, PRESERVING AND REHABILITATING OF EXISTING HOUSING STOCK AND PROVIDING A MECHANISM TO INVEST IN LONG-TERM AFFORDABLE HOMEOWNERSHIP, THEREBY LINKING HOUSING WITH JOBS, TRANSIT AND SUPPORT SERVICES.	Desc
Total Program Service Expenses	$89,419	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	10	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	3	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9524017071	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5101 THIMSEN AVENUE SUITE 202	AddressLine1Txt
City	MINNETONKA	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55345	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
BRIAN SULLIVAN
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
NOEL KLINNERT
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
STEVE SCHMIDT
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
BRAD WIERSUM
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
FATEMAH GREEN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
SHELIA STAMPER
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
BARRETT ANDERSON
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ELISE DURBIN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DAN JOHNSON
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JANET LINDBO
EXECUTIVE DIRECTOR	40.00		Yes (X)	$90,519	$0	$11,332

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$90,519	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$11,332	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,741,882	GovernmentGrantsAmt
All Other Contributions	$50,361	AllOtherContributionsAmt
Total Contributions	$1,792,243	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
HOME BUYER CLOSING FEES	531390	$59,000	$59,000
LAND LEASE FEES	531390	$53,722	$53,722
MISCELLANEOUS	531390	$79	$79

Field	Value	IRS element (for citing)
Total Program Service Revenue	$112,801	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$204	TotalRevenueColumnAmt
Exclusion	$204	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$1,364,700	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$2,097,719	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$733,019	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$733,019	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$733,019	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,172,229	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$620,218	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$204	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$101,850	TotalAmt
Program Services	$29,537	ProgramServicesAmt
Management And General	$49,053	ManagementAndGeneralAmt
Fundraising	$23,260	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$67,506	TotalAmt
Program Services	$22,470	ProgramServicesAmt
Management And General	$41,019	ManagementAndGeneralAmt
Fundraising	$4,017	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$4,200	TotalAmt
Program Services	$1,502	ProgramServicesAmt
Management And General	$2,698	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$12,089	TotalAmt
Program Services	$3,727	ProgramServicesAmt
Management And General	$6,462	ManagementAndGeneralAmt
Fundraising	$1,900	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$5,380	TotalAmt
Program Services	$3,764	ProgramServicesAmt
Management And General	$1,616	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$16,000	TotalAmt
Management And General	$16,000	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$23,608	TotalAmt
Program Services	$1,700	ProgramServicesAmt
Management And General	$21,808	ManagementAndGeneralAmt
Fundraising	$100	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$16,387	TotalAmt
Program Services	$16,387	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,948	TotalAmt
Program Services	$316	ProgramServicesAmt
Management And General	$3,604	ManagementAndGeneralAmt
Fundraising	$28	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,108	TotalAmt
Program Services	$959	ProgramServicesAmt
Management And General	$1,661	ManagementAndGeneralAmt
Fundraising	$488	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$21,383	TotalAmt
Program Services	$6,592	ProgramServicesAmt
Management And General	$11,430	ManagementAndGeneralAmt
Fundraising	$3,361	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$3,870	TotalAmt
Program Services	$1,193	ProgramServicesAmt
Management And General	$2,069	ManagementAndGeneralAmt
Fundraising	$608	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$828	TotalAmt
Program Services	$255	ProgramServicesAmt
Management And General	$443	ManagementAndGeneralAmt
Fundraising	$130	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$10,412	TotalAmt
Management And General	$10,412	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt	Program ServicesProgramServicesAmt
MISCELLANEOUS	$8,268	$5,043	$3,225
EQUIPMENT REPAIR/RENTAL	$3,298	$1,763	$518	$1,017

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$302,135	TotalAmt
Program Services	$89,419	ProgramServicesAmt
Management And General	$175,081	ManagementAndGeneralAmt
Fundraising	$37,635	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$358,970	BOYAmt
EOY	$621,505	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$101,286	BOYAmt
EOY	$344,980	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,037	BOYAmt
EOY	$1,711	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$291,000	BOYAmt
EOY	$481,625	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$10,098	BOYAmt
EOY	$10,659	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$20,954	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$19,266	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,270	BOYAmt
EOY	$1,688	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$13,721,350	BOYAmt
EOY	$14,651,350	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$14,487,011	BOYAmt
EOY	$16,113,518	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$36,659	BOYAmt
EOY	$132,676	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$100,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$498,825	BOYAmt
EOY	$1,059,221	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$535,484	BOYAmt
EOY	$1,291,897	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,951,527	BOYAmt
EOY	$14,802,421	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
EOY	$19,200	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,951,527	BOYAmt
EOY	$14,821,621	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$14,487,011	BOYAmt
EOY	$16,113,518	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$870,094	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,562,576	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,367,562	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,710,460	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,767,647	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,792,243	CurrentTaxYearAmt
Total	$8,200,488	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,562,576	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,367,562	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,710,460	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,767,647	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,792,243	CurrentTaxYearAmt
Total	$8,200,488	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$8,200,488	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$105	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$111	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$112	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$167	CurrentTaxYearMinus1YearAmt
Current Tax Year	$204	CurrentTaxYearAmt
Total	$699	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$8,201,187	TotalSupportAmt
Gross Receipts Rltd Activities	$7,269,544	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.99990	PublicSupportCY170Pct
Public Support PY170	0.99990	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$20,954	OtherCostOrOtherBasisAmt
Depreciation	$19,266	DepreciationAmt
Book Value	$1,688	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,688	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

Field	Value	IRS element (for citing)
Desc	LAND HELD IN TRUST	Desc
Book Value	$14,651,350	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$14,651,350	TotalBookValueProgramRltdAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,269,948	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$2,097,719	OtherRevenueAmt
Revenue Not Reported	$2,097,719	RevenueNotReportedAmt
Revenue Subtotal	$1,172,229	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,172,229	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,399,854	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,097,719	OtherExpensesIncludedAmt
Expenses Not Reported	$2,097,719	ExpensesNotReportedAmt
Expenses Subtotal	$302,135	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$302,135	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE LAND TRUST IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE INCOME TAX RETURNS FOR A PRIOR OF THREE YEARS AFTER THEY ARE FILED. THE LAND TRUST EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2019, MANAGEMENT DOES NOT BELIEVE THEY HAVE TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY, NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	DIRECT PROPERTY COSTS 2,097,719.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	DIRECT PROPERTY COSTS 2,097,719.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	BRAD WIERSUM	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	TREASURER OF WHAHLT AND THE MAYOR OF THE CITY OF MINNETONKA	RelationshipDescriptionTxt
Transaction	$750,000	TransactionAmt
Transaction	WHAHLT HAS A $750,000 LINE OF CREDIT WITH THE CITY OF MINNETONKA.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERSHIP OF THE TRUST CONSISTS OF SUPPORTING MEMBERS, LEASEHOLD MEMBERS, AND GENERAL MEMBERS. THE LEASEHOLD AND GENERAL MEMBERS ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THEN IT IS PRESENTED TO THE BOARD FOR REVIEW AND THEIR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD OF DIRECTORS AND STAFF ANNUALLY COMPLETE THE WRITTEN POLICY AND IT IS REVIEWED BY THE BOARD AND HANDLED ACCORDINGLY. NO ISSUES TO DATE.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.