Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc
Only null% goes to programs Strong reserves Growing revenue
Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc is a 501(c)(3) organization based in Rushford, Minnesota, registered in 1999, with $131,570 in FY2023 revenue. CharityIndex grades it C+.
204 S Elm St, Rushford, MN, 55971 EIN 41-1916947 Since 1999
Revenue (FY2023)
$132K
▲ 43.0% vs prior year
Housing median: $408K
Expenses (FY2023)
$106K
Net assets
$133K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc: 15 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 204 S Elm St, Rushford, MN, 55971
- City
- Rushford
- State
- Minnesota
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $283K (FY2013) to $132K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $781KNet assets $133K
Operating margin
19.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$914K
Total liabilities
$781K
Net assets
$133K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $131,570▲43.0% | $106,087▲8.6% | $133,372▲23.6% | $914,484▲2.8% | 990 |
| 2022 | $91,979▲6.8% | $97,660▲2.6% | $107,889▼5.0% | $889,647▼0.8% | 990 |
| 2021 | $86,087▲2.6% | $95,228▼8.4% | $113,570▼7.4% | $896,482▼1.1% | 990 |
| 2020 | $83,920▼14.9% | $103,929▼6.1% | $122,711▼14.0% | $906,687▼3.4% | 990 |
| 2019 | $98,608▼14.9% | $110,703▼2.3% | $142,720▼7.8% | $938,824▼0.2% | 990 |
| 2018 | $115,897▲9.6% | $113,351▼4.7% | $154,815▲1.7% | $940,402▲0.1% | 990 |
| 2017 | $105,724▼8.6% | $118,899▲4.2% | $152,269▼8.0% | $939,085▼1.5% | 990 |
| 2016 | $115,735▲5.1% | $114,075▼3.8% | $165,442▲1.0% | $952,961▲0.6% | 990 |
| 2015 | $110,130▼2.1% | $118,608▲5.3% | $163,782▼4.9% | $946,949▼10.4% | 990 |
| 2014 | $112,493▼60.3% | $112,624▼17.4% | $172,260▼0.1% | $1,056,847▼0.1% | 990 |
| 2013 | $283,347 | $136,287 | $172,391 | $1,058,067 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc a legitimate nonprofit?
- Yes. Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1916947, based in Rushford, Minnesota. Donations are tax-deductible.
- What is Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc's EIN?
- Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc's Employer Identification Number (EIN) is 41-1916947.
- How much revenue does Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc report?
- Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc reported $131,570 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc have?
- CharityIndex grades Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc C+, based on financial health (reserves and operating margin).
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Data for Bluff Country Minnesota Multi Cty Housing & Redevelopment Auth Inc (EIN 41-1916947) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.