Bill Hanson of Re-Armor Homes bought “The Church” at 515 Farrington in St. Paul as a “spiritual emergency room”. Re-Armor Homes is set up as a Charitable Non-Profit, NOT a religious organization. Bill Hanson claims that he is “the Blessed Man named Bill whom the Lord had purchase the Church on Farrington.”
The Church was originally sold to Bill in August 2011 for $58,000. It’s current value is $457k.
Property Identification Number (PIN) | 36.29.23.13.0149 |
Property Address Municipality Watershed School District Number |
515 Farrington St St. Paul Capital Region W/S 625 |
Sale Date Price Certificate of Real Estate Value Number Sale Status Sale Description |
08-29-2013 $58,000 409063 Comm Non-qualified Sale Government Or Exempt Party Sales |
Sale Date Price Certificate of Real Estate Value Number Sale Status Sale Description |
08-26-2011 $58,000 392675 Comm Non-qualified Sale Government Or Exempt Party Sales |
Some questions to ask BEFORE you get on the crazy train and support Bill Hanson and
Re-Armor Homes….
** Has a recent 990 for Re Armor Homes been filed, the last reported Form 990 I could find is dated 2011? If so, I suggest that you request a copy and read it before making any donations or offers to support and/or endorse Re-Armor. http://990finder.foundationcenter.org/990results.aspx?990_type=&fn=&st=MN&zp=&ei=270268062&fy=&action=Find
** With such low reported revenue, how could Re Armor afford to purchase and renovate the church? Let alone pay the yearly property taxes that average $4,000.
ORGANIZATION NAME | STATE | YEAR | FORM | PAGES | TOTAL ASSETS | EIN |
---|---|---|---|---|---|---|
Re-Armor Homes | MN | 2011 | 990EZ | 11 | $8,265.00 | 27-0268062 |
Re-Armor Homes | MN | 2010 | 990 | 25 | $8,422.00 | 27-0268062 |
Re-Armor Homes | MN | 2009 | 990 | 21 | $13,528.00 | 27-0268062 |
** In 2009, Re Armor received $120k in gifts, grants and contributions. $99k was spent in operating expenses and 15 clients were served. The service provided to the 15 clients was “employment”.
In 2010, $1,110 was received, at the same time Re-Armor expanded its services to include “TO PROVIDE HOUSING AND EMPLOYMENT TO FELONS TRANSITIONING FROM PRISONS, MISSION ORGANIZATION’S JAILS, TREATMENT, AND HOMELESSNESS, TEACHING THE WAY TO BECOME A MISSION SUCCESSFUL, SOBER, HONEST, PRODUCTIVE AND CRIME-FREE MEMBER OF SOCIETY BY
PRESENTING CHRISTIAN VALUES AND GUIDANCE”
If the mission of Re Armor is to provide housing to felons, wouldn’t it make more sense to buy an apartment or appropriate housing facility and NOT a church?
** And in 2011, there were zero grants and contributions received. As a functioning non-profit, isn’t it important to do fundraising? Especially when you are going to purchase property?
** And how can Re-Armor Homes function with the budget dropping so drastically it cannot even meet the operating expenses of the previous years??
** If you read the 2011 Form 990, it says that Re Armor received a loan of $8,293 from “The Blessed Man” Bill Hanson, and that there was no written agreement for this loan. $1,752 is still owed. This loan equals the net assets for the entire year of Re-Armor Homes, and yet that same year a church building was purchased.
Why wasn’t a loan agreement written and recorded?
** Why are donations NOT showing up on the 2010 Form 990 when these donations would be needed to make the purchase in 2011?? Contributions and grants are recorded as $1,100 with $5,700 in expenses. The bulk of expenses – $3,200 – is spent on travel. Shouldn’t those expenses be spent on the clients?
RE-ARMOR HOMES | |
---|---|
Physical Address: | Prior Lake, MN 55372 |
EIN: | 27-0268062 |
Web URL: | rearmorhomes@yahoo.com |
Ruling Year: | 2009 |
Tax Period: 2013 (01/01/2013 – 12/31/2013) |
Employer Identification Number (EIN): 27-0268062 |
Legal Name: RE-ARMOR HOMES |
Mailing Address: 6885 Boudin St NE Ste 150 Prior Lake, MN 55372 United States |
Doing Business As: |
Gross receipts not greater than: $50,000 |
Organization has terminated: No |
Principal Officer’s Name and Address: William J Hanson 515 Farrington St Saint Paul, MN 55103 United States |
Website URL: rearmorhomes@yahoo.c om |
Why was The Church sold for only $60,000 when the original listing price was $450,000, which is close to its true value?
Does Garfield Clark have a valid real estate brokers license to make this sale? Note Garfield Clark uses the address at 1235 Yale Place #907 which is listed as inactive in the state licensing look-up.
Garfield Clark commercial sold the property at 515 Farrington
Garfield Clark Commercial
…exceeding expectations with vision, track record and action1235 Yale Place #907
Minneapolis, MN 55403
612 868 8314
Fax 866 542 3575
gclark@garfieldclark.com
Transaction and
Management
ServicesBrokerage Sales/Leasing Consultation Representation Property Management Construction Mission Statement For Lease Listings For Sale Listings
I Just Wanna Know As An Interested Citizen… Please post answers in the comments section. Thank You!