2024-04-30T08:51:53-04:00 2023-06-30 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2022-07-01 421114396 AREA SUBSTANCE ABUSE COUNCIL INC AREA 3601 16TH AVE SW CEDAR RAPIDS IA 52404 STEPHANIE BOESENBERG EXECUTIVE DIRECTOR 3193904611 2024-04-26 true STEPHANIE BOESENBERG 999009999 false ROSS VANLAAR CPA P01532250 5156203050 2024-04-30 2022 2023-04-26 12:10:37Z SARA BEARROWS 3601 16TH AVE SW CEDAR RAPIDS IA 52404 15086373 false X WWW.ASAC.US X 1978 IA TO PROVIDE ACCESSIBLE, COMPREHENSIVE BEHAVIORAL HEALTH SERVICES DELIVERED WITH DIGNITY, RESPECT AND PROFESSIONALISM TO REDUCE THE IMPACT OF SUBSTANCE USE AND GAMBLING DISORDERS. 14 16 254 28 0 6556738 7417458 5547757 6390012 83223 93959 661 1176093 12188379 15077522 0 0 8205822 9514217 0 109319 3108959 3968675 11314781 13482892 873598 1594630 11919914 14261062 3401581 4004608 8518333 10256454 X TO PROVIDE ACCESSIBLE, COMPREHENSIVE BEHAVIORAL HEALTH SERVICES DELIVERED WITH DIGNITY, RESPECT AND PROFESSIONALISM TO REDUCE THE IMPACT OF SUBSTANCE USE AND GAMBLING DISORDERS. false false 1663391 ASAC PREVENTION DELIVERS SUBSTANCE MISUSE AND PROBLEM GAMBLING PREVENTION STRATEGIES AND COMMUNITY EDUCATION IN SEVEN COUNTIES IN EASTERN IOWA INCLUDING LINN, JONES, BENTON, JACKSON, CLINTON, DUBUQUE, AND DELAWARE. CERTIFIED PREVENTION SPECIALISTS IMPLEMENT STRATEGIES THAT ARE INTENDED TO PREVENT OR REDUCE RISK OF DEVELOPING A BEHAVIORAL HEALTH PROBLEM. PREVENTION STRATEGIES INCLUDE PRIMARY PREVENTION SERVICES DIRECTED TOWARDS YOUTH AND ADULTS PRIOR TO ONSET, COALITION COORDINATION TO STRENGTHEN COLLABORATION AMONG VARIOUS SECTORS OF THE COMMUNITY WHO ARE ALL WORKING TO PREVENT SUBSTANCE MISUSE AND PROBLEM GAMBLING, PROMOTION AND INTERVENTION TO SUPPORT THE ENTIRE CONTINUUM OF BEHAVIORAL HEALTH SERVICES, AND NETWORK SERVICES TO IMPROVE, PROMOTE, AND EXPAND SERVICES ACROSS THE ASAC SERVICE AREA IN ORDER TO INCREASE THE UNDERSTANDING OF SUBSTANCE MISUSE AND PROBLEM GAMBLING ISSUES. ASAC PREVENTION COLLABORATES WITH COMMUNITY SECTORS SUCH AS SCHOOL ADMINISTRATION, FIRST RESPONDERS, TREATMENT AND RECOVERY SERVICES, LAW ENFORCEMENT, AS WELL AS OTHERS, TO ASSESS COMMUNITY NEEDS, BUILD CAPACITY TO ADDRESS THOSE NEEDS, PLAN AND IMPLEMENT EVIDENCE BASED AND PROMISING PRACTICES RELATED TO THOSE NEEDS AND EVALUATE THE PRACTICES TO ENSURE SUSTAINABILITY. ASAC CONTINUES TO VALUE IN-PERSON MEETINGS AND SESSIONS WITH THE COMMUNITY BUT HAS FOUND IN ORDER TO REACH MORE PARTICIPANTS, VIRTUAL OR HYBRID OPTIONS ARE EFFECTIVE OPTIONS TO REACH PEOPLE WHERE THEY ARE. ASAC PREVENTION PROJECTS ARE SUPPORTED BY FEDERAL, STATE, COUNTY, AND LOCAL AGENCIES AND ORGANIZATIONS WHICH ALLOWS FOR A STRONGER PROCESS SYSTEM TO ENSURE EXCEPTIONAL THE PREVENTION SERVICES ADDRESSING SUBSTANCE USE DISORDERS AND PROBLEM GAMBLING ARE AVAILABLE AND IMPLEMENTED THROUGHOUT ASAC'S SEVEN COUNTY CATCHMENT AREA. 9341147 6390012 ASAC OFFERS A COMPREHENSIVE ARRAY OF SUBSTANCE USE TREATMENT SERVICES, ENCOMPASSING EARLY INTERVENTION, ASSESSMENTS, OUTPATIENT CARE, RESIDENTIAL PROGRAMS, HALFWAY HOUSES, PARTIAL HOSPITALIZATION, CARE NAVIGATION, AND TRANSITIONAL HOUSING. OUR PROGRAMS ARE METICULOUSLY TAILORED TO ADDRESS THE DISTINCT NEEDS OF VARIOUS DEMOGRAPHIC GROUPS, INCLUDING ADOLESCENTS, MEN, WOMEN, PREGNANT WOMEN, WOMEN WITH CHILDREN, FAMILIES, AND INDIVIDUALS EXPERIENCING HOMELESSNESS. IN THE FISCAL YEAR 2023, ASAC EXPANDED ITS REACH TO SERVE OVER 3,400 PATIENTS, ACHIEVING AN IMPRESSIVE 56% SUCCESS RATE IN TREATMENT COMPLETION, SURPASSING THE BENCHMARK SET BY THE IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES. SUBSEQUENTLY, AN ASTOUNDING 89% OF PATIENTS REPORTED A SIGNIFICANT IMPROVEMENT IN THEIR OVERALL QUALITY OF LIFE FOLLOWING THEIR SUCCESSFUL TREATMENT JOURNEY, COMPARED TO THE 77% SATISFACTION LEVEL RECORDED UPON ADMISSION. ASAC HAS REINFORCED ITS COMMITMENT TO SUPPORTING ADOLESCENTS BY INTRODUCING DAY TREATMENT PROGRAMS AS AN INTEGRAL PART OF OUR COMPREHENSIVE SUITE OF RECOVERY SERVICES. 11004538 true true false false false false false false false true true false false true true true false true false false false false false false false false false false false false false false false false false false false false true false false false false true true true false false true 77 0 true 254 true false false false false false false false false X 14 16 false false false false false false false true false false true true true true true true true true true false false X STEPHANIE BOESENBERG 3193904611 3601 16TH AVE SW CEDAR RAPIDS IA 52404 STEPHANIE BOESENBERG EXECUTIVE DI 40.00 0.00 X 109663 0 31483 NANCY ORTIZ-COLON CONTROLLER 40.00 0.00 X 94568 0 8733 BILL PROWELL RESIGNED 12023 DIRECTOR 0.00 0.00 X 0 0 0 JEFF LARA RESIGNED 12023 DIRECTOR 0.00 X 0 0 0 LACI LOWER RESIGNED 12023 DIRECTOR 0.00 X 0 0 0 BRETT PAPENDICK JOINED 22023 DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CLASEN JOINED 22023 DIRECTOR 1.00 0.00 X 0 0 0 SUE DAVISON JOINED 22023 DIRECTOR 1.00 0.00 X 0 0 0 MINDI DIXON RESIGNED 42023 DIRECTOR 0.00 X 0 0 0 ROBERT ARCHIBALD DIRECTOR 1.00 0.00 X 0 0 0 SARA BEARROWS PRESIDENT 1.00 0.00 X X 0 0 0 ALAINA ELLIOTT SECRETARY 1.00 0.00 X X 0 0 0 CASEY HANSEN VICE PRESIDE 1.00 0.00 X X 0 0 0 JEFF JOHNSTON DIRECTOR 1.00 0.00 X 0 0 0 ANNE LANGGUTH DIRECTOR 1.00 0.00 X 0 0 0 BEN ROGERS PRESIDENT EM 1.00 0.00 X X 0 0 0 KIRSTEN RUNNING-MARQUARDT DIRECTOR 1.00 0.00 X 0 0 0 BRODY SUDDENDORF TREASURER 1.00 0.00 X X 0 0 0 LAURA THOMAS DIRECTOR 1.00 0.00 X 0 0 0 REGINALD WARD DIRECTOR 1.00 0.00 X 0 0 0 CLIFTON WHITE DIRECTOR 1.00 0.00 X 0 0 0 JON ZIRKELBACH DIRECTOR 1.00 0.00 X 0 0 0 204231 40216 1 false false false PERFORMANCE FOOD SERVICE-REINHART 4100 44TH AVE SW CEDAR RAPIDS IA 52406 FOOD SERVICE 160179 ROBINSON CONSTRUCTION 701 CENTER POINT RD NE CEDAR RAPIDS IA 52402 CONSTRUCTION 143247 OFFICE EXPRESS 207 2ND AVE SW CEDAR RAPIDS IA 52404 OFFICE SUPPLIES 139226 BECKWITH COMMERCIAL ROOFING INC 1801 S 21ST ST CLINTON IA 52732 CONSTRUCTION 103789 4 X 215009 7148412 54037 29147 7417458 CLIENT & RESIDENT FEES 624100 3283177 3283177 MEDICAID 624100 3059706 3059706 CONTRACT SERVICES 624100 41457 41457 MANAGEMENT FEES 624100 5672 5672 6390012 93959 93959 8851 -8851 -8851 -8851 CONTRIBUTION OF ASSETS - SASC 900099 1135427 1135427 MISCELLANEOUS REVENUE 900099 49517 49517 1184944 15077522 7574956 85108 279456 69241 140975 69240 7319519 7101883 191465 26171 57313 52251 5062 1302482 1158041 141784 2657 555447 484894 64757 5796 53586 53586 9461 9461 12972 12972 203395 87611 115784 49450 30939 14261 4250 79687 48765 30922 357880 159101 198779 853726 728111 125615 135415 102892 32523 104951 104951 436723 260902 175821 192017 58299 133718 CLIENT SUPPORT 738181 652728 85453 BAD DEBT EXPENSE 713426 713426 MISC EXPENSES 15275 1287 12783 1205 FINANCE FEES 9256 4319 4937 3274 3274 13482892 11004538 2369035 109319 1050 2750 1245845 1532397 1714389 2710145 376419 489668 1081256 1086642 304186 54097 11301137 5289550 6025527 6011587 740263 -115606 -124457 1286848 1757970 11919914 14261062 1035098 989753 31838 31838 2334645 2209199 773818 3401581 4004608 X 7872347 9755913 645986 500541 8518333 10256454 11919914 14261062 X 1594630 144390 -899 X false true X true true true X 5447885 5528051 8336588 6556738 7417458 33286720 5447885 5528051 8336588 6556738 7417458 33286720 33286720 19889 3742 41776 -149807 93959 9559 71430 101073 10529 9252 49517 241801 33538080 27189873 0.99250 0.99330 X PART II, LINE 10 OTHER INCOME 82,624 MANAGEMENT FEES 159,177 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 959120 1026 66497 1026643 1112852 8972 -162704 959120 90675 1000436 21741 1112852 92874 -2199 90675 89437 3437 92874 1.00000 true false 756754 756754 2183332 1656642 526690 7214588 3092676 4121912 1146463 540232 606231 6011587 BENEFICIAL INTEREST IN COMMUNITY FDN 1026643 RIGHT-OF-USE ASSET 445795 LEASE RECEIVABLES 285532 1757970 OPERATING LEASE LIABILITY 446703 REFUNDABLE ADVANCE - ARPA 327115 773818 X SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS REPRESENTS AMOUNTS HELD BY A COMMUNITY FOUNDATION FOR THE ORGANIZATION. THE EARNINGS OF THIS FUND CAN BE USED FOR OPERATING PURPOSES. SCHEDULE D, PAGE 3, PART X ASAC IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COPORATION IS A TAXPAYING ENTITY AND FILES FEDERAL AND STATE INCOME TAXES RETURNS. THE PARTNERSHIPS ARE NOT TAXPAYING ENTITIES FOR FEDERAL INCOME TAX PURPOSES, AND THUS NO INCOME TAX EXPENSE HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. INCOME FROM PARTNERSHIPS IS TAXED TO THE PARTNERS IN THEIR INDIVIDUAL RETURNS. X 8270 FAIR MARKET VALUE X 11 6964 FAIR MARKET VALUE X VARIOUS GOODS 11 13913 FAIR MARKET VALUE false false false FORM 990, PAGE 2, PART III, LINE 4A ASAC PREVENTION DELIVERS SUBSTANCE MISUSE AND PROBLEM GAMBLING PREVENTION STRATEGIES AND COMMUNITY EDUCATION IN SEVEN COUNTIES IN EASTERN IOWA INCLUDING LINN, JONES, BENTON, JACKSON, CLINTON, DUBUQUE, AND DELAWARE. CERTIFIED PREVENTION SPECIALISTS IMPLEMENT STRATEGIES THAT ARE INTENDED TO PREVENT OR REDUCE RISK OF DEVELOPING A BEHAVIORAL HEALTH PROBLEM. PREVENTION STRATEGIES INCLUDE PRIMARY PREVENTION SERVICES DIRECTED TOWARDS YOUTH AND ADULTS PRIOR TO ONSET, COALITION COORDINATION TO STRENGTHEN COLLABORATION AMONG VARIOUS SECTORS OF THE COMMUNITY WHO ARE ALL WORKING TO PREVENT SUBSTANCE MISUSE AND PROBLEM GAMBLING, PROMOTION AND INTERVENTION TO SUPPORT THE ENTIRE CONTINUUM OF BEHAVIORAL HEALTH SERVICES, AND NETWORK SERVICES TO IMPROVE, PROMOTE, AND EXPAND SERVICES ACROSS THE ASAC SERVICE AREA IN ORDER TO INCREASE THE UNDERSTANDING OF SUBSTANCE MISUSE AND PROBLEM GAMBLING ISSUES. ASAC PREVENTION COLLABORATES WITH COMMUNITY SECTORS SUCH AS SCHOOL ADMINISTRATION, FIRST RESPONDERS, TREATMENT AND RECOVERY SERVICES, LAW ENFORCEMENT, AS WELL AS OTHERS, TO ASSESS COMMUNITY NEEDS, BUILD CAPACITY TO ADDRESS THOSE NEEDS, PLAN AND IMPLEMENT EVIDENCE BASED AND PROMISING PRACTICES RELATED TO THOSE NEEDS AND EVALUATE THE PRACTICES TO ENSURE SUSTAINABILITY. ASAC CONTINUES TO VALUE IN-PERSON MEETINGS AND SESSIONS WITH THE COMMUNITY BUT HAS FOUND IN ORDER TO REACH MORE PARTICIPANTS, VIRTUAL OR HYBRID OPTIONS ARE EFFECTIVE OPTIONS TO REACH PEOPLE WHERE THEY ARE. ASAC PREVENTION PROJECTS ARE SUPPORTED BY FEDERAL, STATE, COUNTY, AND LOCAL AGENCIES AND ORGANIZATIONS WHICH ALLOWS FOR A STRONGER PROCESS SYSTEM TO ENSURE EXCEPTIONAL THE PREVENTION SERVICES ADDRESSING SUBSTANCE USE DISORDERS AND PROBLEM GAMBLING ARE AVAILABLE AND IMPLEMENTED THROUGHOUT ASAC'S SEVEN COUNTY CATCHMENT AREA. FORM 990, PAGE 2, PART III, LINE 4B ASAC OFFERS A COMPREHENSIVE ARRAY OF SUBSTANCE USE TREATMENT SERVICES, ENCOMPASSING EARLY INTERVENTION, ASSESSMENTS, OUTPATIENT CARE, RESIDENTIAL PROGRAMS, HALFWAY HOUSES, PARTIAL HOSPITALIZATION, CARE NAVIGATION, AND TRANSITIONAL HOUSING. OUR PROGRAMS ARE METICULOUSLY TAILORED TO ADDRESS THE DISTINCT NEEDS OF VARIOUS DEMOGRAPHIC GROUPS, INCLUDING ADOLESCENTS, MEN, WOMEN, PREGNANT WOMEN, WOMEN WITH CHILDREN, FAMILIES, AND INDIVIDUALS EXPERIENCING HOMELESSNESS. IN THE FISCAL YEAR 2023, ASAC EXPANDED ITS REACH TO SERVE OVER 3,400 PATIENTS, ACHIEVING AN IMPRESSIVE 56% SUCCESS RATE IN TREATMENT COMPLETION, SURPASSING THE BENCHMARK SET BY THE IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES. SUBSEQUENTLY, AN ASTOUNDING 89% OF PATIENTS REPORTED A SIGNIFICANT IMPROVEMENT IN THEIR OVERALL QUALITY OF LIFE FOLLOWING THEIR SUCCESSFUL TREATMENT JOURNEY, COMPARED TO THE 77% SATISFACTION LEVEL RECORDED UPON ADMISSION. ASAC HAS REINFORCED ITS COMMITMENT TO SUPPORTING ADOLESCENTS BY INTRODUCING DAY TREATMENT PROGRAMS AS AN INTEGRAL PART OF OUR COMPREHENSIVE SUITE OF RECOVERY SERVICES. FORM 990, PAGE 6, PART VI, LINE 8B NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE FORM 990 WILL BE DISTRIBUTED TO ALL BOARD MEMBERS WHO WILL BE GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND MAKE COMMENTS PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C BEFORE ENTERING INTO AGREEMENTS WITH NEW VENDORS, A REVIEW IS COMPLETED TO VERIFY THAT THE VENDOR IS NOT A RELATED PARTY. NEW STAFF ARE PROVIDED WITH A PERSONNEL MANUAL WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. NEW BOARD MEMBERS GO THROUGH AN ORIENTATION WHICH INCLUDES AN EXPLANATION OF THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR SUBMITS A COMPENSATION PROPOSAL TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE PROPOSAL AND, BASED ON THE ACCOMPLISHMENTS OF THE EXECUTIVE DIRECTOR, DETERMINES THE COMPENSATION TO BE AWARDED TO THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DETERMINES THE COMPENSATION FOR KEY EMPLOYEES. THESE EMPLOYEES ARE EVALUATED ON A MERIT SCORING SYSTEM. THE OVERALL ANNUAL PERCENTAGE INCREASE IS GENERALLY CONSISTENT WITH THE OVERALL PERCENTAGE INCREASE AWARDED TO STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VIII CONTRIBUTION OF ASSETS FROM SASC, MISCELLANEOUS REVENUE, LINE 11A IN APRIL 2022, THE ORGANIZATION ENTERED INTO AN AGREEMENT TO ACQUIRE THE ASSETS AND LIABILITIES OF SUBSTANCE ABUSE SERVICE CENTER (SASC), PREVIOUSLY A SEPARATE, UNRELATED NON-PROFIT ORGANIZATION IN DUBUQUE, IOWA. THE ACQUISITION WAS COMPLETED ON JULY 1, 2022, AT WHICH POINT SASC DISSOLVED, TRANSFERRING ALL ASSETS TO ASAC. ASAC HAS ACCOUNTED FOR THE ACQUISITION AS A CONTRIBUTION OF ASSETS BASED ON THE TERMS OF THE AGREEMENT. THE TOTAL NET ASSETS ASSUMED BY ASAC AS A RESULT OF THE ACQUISITION ON JULY 1, 2022 WERE 1,135,427. THE ASSETS ACQUIRED CONSISTED OF CASH (943,192) AND ACCOUNTS RECEIVABLE (192,235). ASAC ALSO ASSUMED PAYOR AND GRANTOR CONTRACTS AS PART OF THE AGREEMENT, AS WELL AS SASC'S COMMITMENTS WITH ITS VENDORS; HOWEVER, ALL KNOWN LIABILITIES AT THE TIME OF THE TRANSACTION HAD BEEN PAID BY SASC, AND NO LIABILITIES TRANSFERRED TO ASAC. NOW WITH AN EXPANDED SERVICE AREA, ASAC WILL CONTINUE PROVIDING PREVENTION, TREATMENT, AND RECOVERY SERVICES FOR INDIVIDUALS IN THE COMMUNITIES IN WHICH THEY RESIDE AND WORK. FORM 990, PART XI PRIOR PERIOD ADJUSTMENT, LINE 8 DURING YEAR-END FINANCIAL STATEMENT CLOSING PROCEDURES FOR THE YEAR ENDED JUNE 30, 2023, MANAGEMENT IDENTIFIED THAT CLIENT SERVICES THAT HAD NOT BEEN ENTERED INTO THE BILLING SYSTEM BY JUNE 30, 2022 WERE NOT ACCRUED AS RECEIVABLE BASED ON THE DATE OF SERVICE. MANAGEMENT HAS RESTATED THE ORGANIZATIONS JUNE 30, 2022 FINANCIAL STATEMENTS TO RECORD ADDITIONAL CLIENT SERVICE REVENUE AND RELATED RECEIVABLES TOTALING 144,390. FORM 990, PART XI, LINE 9 CUMULATIVE EFFECT OF APPLYING ASC 842 -899 NEW ACCOUNTING PRONOUNCEMENT - IN FEBRUARY 2016, FASB ISSUED ASU 2016-2 - LEASES (TOPIC 842) WHICH REQUIRES LESSEES TO RECOGNIZE LEASES ON THE BALANCE SHEET AND DISCLOSE KEY INFORMATION ABOUT LEASING ARRANGEMENTS. THE NEW STANDARD REQUIRES A LESSEE TO RECOGNIZE A RIGHT-OF-USE (ROU) ASSET AND A LEASE LIABILITY ON THE BALANCE SHEET FOR ALL LEASES GREATER THAN 12 MONTHS. LEASES WILL BE CLASSIFIED AS FINANCE OR OPERATING. IN JULY 2018, THE FASB ISSUED ASU 2018-11, LEASES, TARGETED IMPROVEMENTS, WHICH PROVIDES ENTITIES WITH A TRANSITION METHOD OPTION TO NOT RESTATE COMPARATIVE PERIODS PRESENTED, BUT TO RECOGNIZE A CUMULATIVE-EFFECT ADJUSTMENT TO THE OPENING BALANCE OF RETAINED EARNINGS IN THE PERIOD OF ADOPTION. THE ORGANIZATION ADOPTED THESE LEASE ACCOUNTING STANDARDS EFFECTIVE JULY 1, 2022, AND UTILIZED THE MODIFIED RETROSPECTIVE TRANSITION METHOD WITH NO ADJUSTMENTS TO COMPARATIVE PERIODS PRESENTED. THE ORGANIZATION HAS ELECTED TO CARRY FORWARD HISTORICAL LEASE CLASSIFICATION, TO NOT REASSESS PRIOR CONCLUSIONS RELATED TO INITIAL DIRECT COSTS, AND TO NOT REASSESS WHETHER ANY EXPIRED OR EXISTING CONTRACTS ARE OR CONTAIN LEASES. THE ORGANIZATION'S ADOPTION OF ASU 2016-02 RESULTED IN THE RECOGNITION OF OPERATING LEASE LIABILITIES OF 576,485 AND ROU ASSETS OF 575,586 FOR ITS OPERATING LEASES BASED ON THE REMAINING PRESENT VALUE OF THE MINIMUM LEASE PAYMENTS AS OF JULY 1, 2022. THE CUMULATIVE EFFECT OF THE CHANGE IN ACCOUNTING PRINCIPAL IS REPORTED AS A 899 DECREASE IN NET ASSETS AT JULY 1, 2022. THE WAY HOME LLLP 3601 16TH AVE SW CEDAR RAPIDS IA 52404 043831128 HOUSING IA N/A RELATED -14 184 false false 0.00010 ND HOUSING LLLP 3601 16TH AVE SW CEDAR RAPIDS IA 52404 043831130 HOUSING IA N/A RELATED -6 81 false false 0.00010 ASAC HOUSING CORPORATION INC 3601 16TH AVE SW CEDAR RAPIDS IA 52404 010847755 HOLDING CO IA N/A C CORP -6491 584120 1.00000 true true false false true false false false false false false false true false false false false false false false ASAC HOUSING CORPORATION L 8032 ACTUAL ASAC HOUSING CORPORATION A 6491 ACTUAL ASAC HOUSING CORPORATION D 299316 ACTUAL BALANCE THE WAY HOME LLLP A 7085 ACTUAL THE WAY HOME LLLP D 324315 ACTUAL BALANCE