Alverna Apartments
Public records show a registered, tax-exempt organization in good standing.
What it says it does
AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.
- Income
- $669,153
- Spending
- $531,041
- Spent on programs
- 71%
- Reserves
- 18.9 months of spending
- Largest source of income
- fees for its services, 93%
- Employees
- 0
- Volunteers
- 7
- Highest pay
- $616,729, board member/market president regional hospital
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 18.9 months of spending.
Debt
20 of 20It owes 11% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1571% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100.
Independent board
25 of 257 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $377,350 spent. INTRODUCTION: ALVERNA APARTMENTS MISSION, VISION AND TAX-EXEMPT PURPOSES THE MISSION OF ALVERNA APARTMENTS IS TO NURTURE THE HEALING MINISTRY OF THE CHURCH, SUPPORTED BY EDUCATION AND RESEARCH. FIDELITY TO THE GOSPEL URGES US TO EMPHASIZE HUMAN DIGNITY AND SOCIAL JUSTICE AS WE CREATE HEALTHIER COMMUNITIES. THE VISION FOR ALVERNA APARTMENTS IS TO CREATE THE BEST POSSIBLE RESIDENTIAL EXPERIENCE FOR ITS TENANTS BY IGNITING THE SPIRIT FOR SUPERIOR CARE AND SERVICE. THE PURPOSES OF ALVERNA APARTMENTS ARE EXCLUSIVELY CHARITABLE WITHIN INTERNAL REVENUE SERVICE CODES AND REGULATIONS, AS WELL AS RELATED PROVISIONS OF MINNESOTA STATE LAW. SPECIFICALLY, IT IS A 501(C)3, NOT-FOR-PROFIT CORPORATION FORMED TO CONSTRUCT AND MAINTAIN HOUSING FACILITIES FOR THE ELDERLY AND HANDICAPPED, AND HAS BEEN SPECIALLY DESIGNED TO MEET ITS TENANTS' PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY AND HAPPINESS WHERE NO ADEQUATE HOUSING FACILITIES EXIST FOR SUCH PURPOSES. IN ADDITION, IT WAS FORMED TO ASSIST IN CARRYING OUT THE HEALING MINISTRY OF ITS FOUNDERS THE FRANCISCAN SISTERS OF LITTLE FALLS AND ITS CURRENT SPONSOR, COMMONSPIRIT HEALTH. ALVERNA APARTMENTS IS A 60-UNIT, SENIOR HOUSING COMPLEX SUBSIDIZED BY THE U.S. HOUSING AND URBAN DEVELOPMENT (HUD). IT OFFERS A SECURE LIVING ENVIRONMENT IN WHICH TENANTS CAN PURSUE OPTIMAL INDEPENDENCE AND FOSTER CONNECTIONS TO THE COMMUNITY. AS A PARTICIPANT IN THE HUD PROGRAM, ALVERNA'S PERFORMANCE IS RATED ACCORDING TO VARIOUS QUALITY INDICATORS. FINALLY, ALVERNA APARTMENTS ENGAGES IN COMMUNITY OUTREACH ACTIVITIES SUCH AS SCHEDULING ASSISTANCE WITH TAX PREPARATION FOR SENIORS, CONDUCTING HEALTH SCREENINGS, AND A WIDE RANGE OF ADDITIONAL ACTIVITIES WHICH CULTIVATE INDIVIDUAL RELATIONSHIPS BETWEEN TENANTS AND THE COMMUNITY. BOARD OF DIRECTORS THE BOARD OF DIRECTORS FOR ALVERNA APARTMENTS IS A 10-MEMBER GOVERNING BOARD, THE MAJORITY OF WHICH ARE INDEPENDENT INDIVIDUALS WHO SERVE AS REPRESENTATIVES OF THE COMMUNITY. THE BOARD OVERSEES THE OPERATIONS OF ALVERNA APARTMENTS, WHICH HAS A MANAGEMENT CONTRACT WITH METROPLAINS MANAGEMENT, LLC, A PROPERTY MANAGEMENT COMPANY THAT PROVIDES LONG-TERM, FULL-SERVICE PROPERTY MANAGEMENT SERVICES, OVERSEEING AFFORDABLE SENIOR AND MULTI-FAMILY HOUSING UNITS IN SEVERAL STATES. METROPLAINS MANAGEMENT STRIVES TO MEET THE GOALS OF OWNERS WHILE PROVIDING THE BEST POSSIBLE ENVIRONMENT FOR RESIDENTS AND TENANTS IN THE FACILITIES THE FIRM MANAGES. THE COMPANY'S OVERALL GOAL IS TO MAXIMIZE THE SATISFACTION OF THE OCCUPANTS OF EACH DEVELOPMENT, WHILE MAINTAINING THE VALUE OF THE PROPERTIES IT MANAGES. QUALITATIVE DESCRIPTION OF COMMUNITY BENEFIT: ALL APPLICANTS MUST BE AGE 62 OR OLDER. BOTH NEED TO QUALIFY FOR A COUPLE TO BE ELIGIBLE. ALVERNA APARTMENTS SERVES ALL PERSONS IN THE COMMUNITY ON A NON-DISCRIMINATORY BASIS AND DOES NOT DISCRIMINATE ON THE BASIS OF ANY NON-MERIT FACTOR, INCLUDING RACE, NATIONAL ORIGIN, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, DISABILITY (PHYSICAL OR MENTAL), AGE, STATUS AS A PARENT, OR GENETIC INFORMATION. FOR THE COMFORT OF PEOPLE WITH DISABILITIES, SIX APARTMENTS HAVE BEEN CONSTRUCTED TO ENABLE GREATER ACCESSIBILITY FOR PEOPLE WITH DISABILITIES. APPLICANTS WITH EXTREMELY LOW INCOME ARE GIVEN PRIORITY CONSIDERATION FOR OCCUPANCY. RENT COSTS RANGE FROM $923 TO $1164 MONTHLY. DURING THE FISCAL YEAR ENDING JUNE 30, 2025, ALVERNA APARTMENTS HOUSED 67 DIFFERENT TENANTS FOR 21,322 APARTMENT DAYS. QUALITATIVE DESCRIPTION OF COMMUNITY BENEFIT CONTINUED: AS PREVIOUSLY STATED, RENTAL ASSISTANCE APPLICANTS WITH EXTREMELY LOW INCOME ARE GIVEN PRIORITY CONSIDERATION FOR OCCUPANCY. FINANCIAL ASSISTANCE IS AVAILABLE THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). AS A HUD-SUBSIDIZED, SECTION 8/202 (ELDERLY PROPERTY), THE AMOUNT OF RENT THAT A TENANT IS REQUIRED TO PAY IS DETERMINED BY USING A FORMULA, WHICH INCLUDES THE GROSS INCOME (INCLUDING INCOME FROM ASSETS), AND OUT-OF-POCKET MEDICAL EXPENSES FOR ALL PERSONS IN THE HOUSEHOLD. THE OUT-OF-POCKET MEDICAL EXPENSES ARE DEDUCTED FROM GROSS INCOME (MINUS 3% OF THE GROSS INCOME), WHICH LEAVES THE ADJUSTED INCOME. TENANT RENT IS BASED ON 30% OF THE ADJUSTED INCOME. ALL SUBSIDIZED TENANTS ARE REQUIRED BY HUD TO BE RECERTIFIED ANNUALLY IN ORDER TO VERIFY INCOME AND MEDICAL EXPENSES. EACH YEAR, TYPICALLY BETWEEN 90% AND 95% OF THE OCCUPANTS RECEIVE RENTAL ASSISTANCE. CURRENTLY, 97% OF OCCUPANTS ARE RECEIVING RENTAL ASSISTANCE. TENANTS HAVE CONVENIENT ACCESS TO HOME CARE AND OTHER HEALTH CARE SERVICES, AS WELL AS THE AVAILABILITY OF REASONABLY PRICED TRANSPORTATION THROUGH THE MORRISON COUNTY PUBLIC TRANSIT SYSTEM (MORRTRANS). THE LARGE COMMUNITY DINING AND ACTIVITY AREA HOSTS MANY GROUP ACTIVITIES IN WHICH TENANTS CAN PARTICIPATE, SUCH AS BINGO (SPONSORED BY THE TENANT COUNCIL); MONTHLY MEALS; BIRTHDAY PARTIES; MUSIC; MOVIES; A SOCIAL HOUR; CARD PLAYING; PRAYER MEETINGS; ETC., WHICH PROVIDE CONTINUITY AND CONNECTION TO THE COMMUNITY FOR THE TENANTS AS WELL AS ENHANCE THEIR QUALITY OF LIFE. FAMILIES OF TENANTS ARE ROUTINELY GIVEN ACCESS TO THE AREA, FREE OF CHARGE, FOR SUCH FUNCTIONS AS BIRTHDAY PARTIES, ANNIVERSARIES, HOLIDAYS, ETC. IN PARTICULAR, THE DINING AREA IS USED FOR SEVERAL ACTIVITIES SUCH AS BRINGING IN SPEAKERS TO HELP THE TENANTS "AGE IN PLACE," SUCH HOME HEALTH PROVIDERS, AND OTHER "EXPERTS" ON SENIOR TOPICS SUCH AS HORIZON HEALTH, FAITH IN ACTION, PUBLIC HEALTH AND THE MORRISON COUNTY EXTENSION OFFICE AND OTHERS. AROUND TAX TIME, VOLUNTEERS ARE BROUGHT IN TO HELP TENANTS PREPARE THEIR RETURNS AT NO COST TO THE SENIORS. ALVERNA'S APPROACH TO COMMUNITY BENEFIT REVOLVES AROUND SERVING THE NEEDS OF ALL PEOPLE THROUGHOUT THE CENTRAL MINNESOTA. ALVERNA IS LOCATED IN LITTLE FALLS, MINNESOTA, AND SERVES PEOPLE THROUGHOUT MORRISON COUNTY AND THE SURROUNDING AREA. FOR ALVERNA TENANTS RECEIVING HOUSING ASSISTANCE, THEIR AVERAGE ANNUAL INCOME IS $19,408. THE AVERAGE ANNUAL INCOME FOR ALVERNA TENANTS NOT RECEIVING HOUSING ASSI
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.