2024-02-14T12:20:00-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2022-07-01 363558388 MCRC REHABILITATION INC MCRC 3093442323 2323 N WINDISH DRIVE GALESBURG IL 61401 WILLIAM NELSON CEO 3093442323 2024-01-29 1 WILLIAM NELSON 999009999 1 JENNIFER ADDIS P01890345 3096714500 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM NELSON 2323 N WINDISH DRIVE GALESBURG IL 61401 245608 0 X N/A X 1987 IL TO PROVIDE HOUSING TO THE ELDERLY AND DISABLED. 5 4 0 0 0 0 0 0 221268 243460 22 51 2318 2097 223608 245608 0 0 0 0 33842 45053 0 0 0 206811 221538 240653 266591 -17045 -20983 350212 328885 727300 726956 -377088 -398071 TO PROVIDE HOUSING TO THE ELDERLY AND DISABLED. 0 0 223219 243460 OPERATION OF A 12 UNIT APARTMENT AND 8 UNIT GROUP HOME FOR ELDERLY & HANDICAPPED PURSUANT TO EXEMPT PURPOSE. 223219 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 IL X BRIDGEWAY INC 3093442323 2323 N WINDISH DRIVE GALESBURG IL 61401 X DAVID GARNER CHAIRMAN 0.50 4.50 X X 0 0 0 WILLIAM NELSON CEO/PRESIDENT 0.50 6.00 X X 0 0 0 JASON DUNCAN BOARD MEMBER 0.50 4.50 X 0 0 0 CHRIS BUTCHER BOARD MEMBER 0.50 4.50 X 0 0 0 STEVE TIBBITTS VICE CHAIRMAN 0.50 4.50 X X 0 0 0 STACI DANNER TREASURER 0.50 6.00 X 0 0 0 JENNIFER DALTON SECRETARY 0.50 6.00 X 0 0 0 0 0 0 0 0 0 0 0 HOUSING ASSISTANCE PMT 623990 170623 170623 APARTMENT CARRY CHARGE 623990 72837 72837 243460 51 51 TENANT CHARGES 623990 1672 1672 LAUNDRY & VENDING 623990 425 425 2097 245608 243460 0 2148 X 45053 41288 3765 19727 19727 14426 14426 4532 4532 25672 25672 39186 39186 24882 24882 15302 15302 OPERATING AND MAINTENAN 72879 72879 MORTGAGE INSURANCE PREM 3013 3013 MISC TAXES/LICENSES/PER 997 997 BAD DEBT EXPENSE 524 524 398 398 266591 223219 43372 0 13286 4736 1605 2052 13136 16814 1084770 820086 264006 264684 58179 40599 350212 328885 96735 112390 625516 609700 5049 4866 727300 726956 X -377088 -398071 -377088 -398071 350212 328885 -20983 0 X 0 1 X 0 1 1 X 197586 202790 187691 221268 243460 1052795 197586 202790 187691 221268 243460 1052795 1052795 70 63 36 22 51 242 2351 2167 2337 2318 2097 11270 1064307 0.98920 0.98870 X 25242 25242 1022672 787439 235233 30910 26701 4209 5946 5946 0 264684 TENANT SECURITY DEPOSITS 5012 RESERVE FOR REPLACEMENTS 29498 RESIDUAL RECEIPTS RESERVE 2018 MORTGAGE ESCROW DEPOSITS 4071 40599 TENANT SECURITY DEPOSITS 4866 4866 X 245608 0 245608 0 245608 266591 0 266591 0 266591 PART X, LINE 2: PROVISION FOR INCOME TAXES IS NOT REQUIRED SINCE THE CORPORATION IS A NONPROFIT ORGANIZATION ESTABLISHED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. ORGANIZATIONS LISTED IN PART D BELO OFFICERS OF THIS ORGANIZATION ARE OFFICERS OF ORGANIZATIONS LISTED BELOW 197249 THE AMOUNT DISCLOSED INCLUDES THE AMOUNT OWED FROM THIS ORGANIZATION TO THE LISTED ORGANIZATIONS AT YEAR-END AND THE EXPENSE PAID/INCURRED TO THESE OTHER ORGANIZATIONS DURING THE CURRENT YEAR. AMOUNT DUE AT 6/30/2023 TO BRIDGEWAY, INC.: MAINTENANCE FEES = $11,088 MANAGEMENT SALARY = $80,068 OTHER = $ 7,200 TOTAL = $98,356EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS LLC: MANAGEMENT AGREEMENT = $19,727 MAINTENANCE CONTRACT = $ 7,392 BOOKKEEPING FEES = $ 4,320 SALARY REIMBURSEMENT = $45,053 CLEANING EXPENSE = $22,401 TOTAL = $98,893 1 FORM 990, PART VI, SECTION A, LINE 3 DAILY MANAGEMENT SERVICES ARE PERFORMED BY HUMAN SERVICE PROFESSIONALS, LLC AND BRIDGEWAY, INC. FORM 990, PART VI, SECTION A, LINE 8B DUE TO THE SIZE OF THE BOARD, THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED BY THE TREASURER AND PRESIDENT BEFORE SIGNATURE. THE RETURN IS APPROVED BY THE BOARD PRIOR TO OR AFTER FILING DEPENDING UPON TIMING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS GO THROUGH INDEPENDENCE TRAINING AND ARE REQUIRED TO REPORT ANY CONFLICTS TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 398. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 398. SCHEDULE R, PART V, LINE 2 TRANSACTIONS WITH RELATED PARTY: AT JUNE 30, 2023, MCRC REHABILITATION, INC. OWED TO BRIDGEWAY, INC. THE FOLLOWING: MAINTENANCE FEES $11,088 MANAGEMENT SALARY $80,068 OTHER $ 7,200 TOTAL AMOUNT DUE $98,356 AMOUNT REPORTED ON SCHEDULE R, PART V, LINE 2 OTHER THAN THE AMOUNT DETAILED ABOVE, REFLECTS EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. FOR THE PERIOD ENDED JUNE 30, 2023. BRIDGEWAY INC 2323 N WINDISH DRIVE GALESBURG IL 61401 370984175 DIVERSIFIED SERVICES TO NEEDY IL 501(C)(3) 9 0 BRIDGEWAY FOUNDATION 2323 N WINDISH DRIVE GALESBURG IL 61401 371030683 PROPERTY MANAGEMENT IL 501(C)(3) 9 0 BRIDGEWAY TRAINING SERVICES INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371121014 EMPLOYMENT TRAINING SERVICES TO DISABLED & DISADVANTAGED IL 501(C)(3) 9 0 BRIDGEWAY HOUSING INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371341741 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY SANDBURG 2323 N WINDISH DRIVE GALESBURG IL 61401 371358634 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY HOMES 02 2323 N WINDISH DRIVE GALESBURG IL 61401 352196816 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 MCRC HOUSING INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371182243 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 RESIDENTIAL FACILITIES CORPORATION 2323 N WINDISH DRIVE GALESBURG IL 61401 363682153 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY KEWANEE 04 2323 N WINDISH DRIVE GALESBURG IL 61401 201093505 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY MCKINLEY INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371358635 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 MIDWEST SPECIAL RECREATION ASSOCIATION 2323 N WINDISH DRIVE GALESBURG IL 61401 371290554 RECREATIONAL PROGRAMS FOR DISABLED IL 501(C)(3) 7 0 BRIDGEWAY PROPERTIES CORPORATION 2323 N WINDISH DRIVE GALESBURG IL 61401 363454961 FURNISH SERVICES/FACILITIES TO OTHER ORGANIZATIONS IL 501(C)(2) 7 0 ILLINOIS GROWTH ENTERPRISES 7200 CLINTON ROAD LOVES PARK IL 61111 362694680 VOCATIONAL DEVELOPMENT & EMPLOYMENT TRAINING IL 501(C)(3) 9 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 BRIDGEWAY INC M 34113 BRIDGEWAY INC P 45053 BRIDGEWAY INC E 98356