Richfield, MN

FRASER INDEPENDENT LIVING PROJECT III INC

EIN 41-1844773

Housing, Food & Basic Needs Affordable Housing & Tenant Rights People with disabilities Low-income

Mission

Aligned with Fraser’s organizational mission to build a community of inclusion that allows all people to belong and thrive, Fraser Independent Living Project III provides HUD‑subsidized, affordable independent‑living apartments and related supports to adults with developmental disabilities and very low incomes.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

Claim this page Visit www.fraser.org

About FRASER INDEPENDENT LIVING PROJECT III INC

Fraser Independent Living Project III, Inc. is a tax‑exempt 501(c)(3) subordinate organization of Fraser that operates HUD‑subsidized independent living apartment housing for adults with developmental disabilities. The organization is organized to provide long‑term affordable housing (notably operating a 24‑unit property commonly referred to as Excelsior Court) and minimal on‑site/supportive services that enable high‑functioning adults to live independently. Incorporated in the mid‑1990s, the project files its own Form 990s while functioning as part of Fraser’s broader Community Living and housing programs.

Notable achievements

HUD‑subsidized housing operation

Operates a HUD‑subsidized apartment property (24 units) that provides stable, affordable independent living for high‑functioning adults with developmental disabilities.

Sustained operations since 1995

Established in the 1990s and maintained continuous housing services and annual IRS filings, demonstrating long‑term program continuity within Fraser’s community living portfolio.

Program‑driven revenue model

Recent filings show program services make up the overwhelming majority of reported revenue, indicating the organization’s funds are primarily directed to housing operations and resident services.

At a glance

Total assets: $840K
Annual revenue: $213K
Tax status: 501(c)(3)Public charity
EIN: 41-1844773
Location: Richfield, MN
Website: www.fraser.org
On Mahalo since: May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Recognized as a tax‑exempt 501(c)(3) organization and listed as a subordinate organization under Fraser.

Maintains independent IRS Form 990 filings through the most recent fiscal years, reflecting ongoing compliance and financial transparency.

Included in HUD property listings as a subsidized housing project and subject to HUD inspection and oversight as part of its financing/contract structure.

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