2024-07-01T19:43:45-05:00 2023-09-30 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 14296 GRAND FORKS ND 582084296 990 2022-10-01 460348562 AFFORDABLE HOUSING SOLUTIONS INC AFFO 6053320704 630 S MINNESOTA AVE SIOUX FALLS SD 57104 LARISSA DEEDRICH EXECUTIVE DIRECTOR 6053320704 2024-07-01 1 LARISSA DEEDRICH 999009999 0 BRIAN OPSAHL P01221767 7017754685 2024-07-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LARISSA DEEDRICH 630 S MINNESOTA AVE SIOUX FALLS SD 57104 1515975 0 X WWW.A-H-S.ORG X 1978 SD TO IMPROVE THE QUALITY OF LIFE FOR THE SIOUX FALLS COMMUNITY AND ITS LOWER INCOME RESIDENTS BY PROVIDING AFFORDABLE, DECENT, SAFE AND NONDISCRIMINATORY HOUSING OPPORTUNITIES THAT FURTHER SELF-SUFFICIENCY AND/OR INDEPENDENT LIVING. 9 9 1 0 0 0 242050 170000 408958 408817 -141663 -220059 -21 -33 509324 358725 0 0 0 0 134716 139298 0 0 0 500630 479350 635346 618648 -126022 -259923 4833265 6153266 4370261 5950152 463004 203114 TO IMPROVE THE QUALITY OF LIFE FOR THE SIOUX FALLS COMMUNITY AND ITS LOWER INCOME RESIDENTS BY PROVIDING AFFORDABLE, DECENT, SAFE AND NONDISCRIMINATORY HOUSING OPPORTUNITIES THAT FURTHER SELF-SUFFICIENCY AND/OR INDEPENDENT LIVING. 0 0 441717 408784 PROMOTION AND ADVANCEMENT OF HOUSING PROJECTS AND RELATED FACILITIES FOR THE RESIDENTS OF SIOUX FALLS, SOUTH DAKOTA 441717 1 1 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 0 0 0 0 0 0 1 0 0 0 1 35 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 1 1 X AFFORDABLE HOUSING SOLUTIONS INC 6053320704 630 S MINNESOTA AVE SIOUX FALLS SD 57104 X KEITH W THOMPSON PRESIDENT 1.00 X X 0 0 0 RUTH CHRISTOPHERSON SECRETARY/TREASURER 1.00 X X 0 0 0 BRIAN JANS VICE PRESIDENT 1.00 X X 0 0 0 JAMIE SMITH MEMBER 1.00 X 0 0 0 DAVID KING MEMBER 1.00 X 0 0 0 MIKE HAUCK MEMBER 1.00 X 0 0 0 JEREMY KECKLER MEMBER 1.00 X 0 0 0 DIXIE HIEB MEMBER 1.00 X 0 0 0 THOMAS MOORE MEMBER 1.00 X 0 0 0 KARL FULMER EXECUTIVE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 170000 170000 RENTAL INCOME 531110 262942 262942 OTHER INCOME 900099 99722 99722 DEVELOPER FEES 900099 46153 46153 408817 2789 2789 934402 1157250 -222848 -222848 -222848 INCOME FROM JOINT VENTURES 900099 -33 -33 -33 358725 408784 0 -220059 101667 101667 6577 6577 23901 23901 7153 7153 91915 91915 60 60 12259 7167 5092 1125 1125 18308 12093 6215 900 900 68281 68281 437 437 751 751 8904 8904 107330 107330 16213 13750 2463 REPAIRS & MAINTENANCE 111292 111092 200 MISCELLANEOUS EXPENSE 41053 18379 22674 STAFF TRAINING 492 492 CONCESSIONS 30 30 618648 441717 176931 0 643438 439207 10528 25379 29403 33403 8663 9271 3668612 1104481 2660079 2564131 1481154 3081875 4833265 6153266 69753 245933 7121 6319 4293387 5697900 4370261 5950152 X 191332 0 271672 203114 463004 203114 4833265 6153266 X -259923 33 X X 0 1 X 1 0 X X 1 SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION 460333222 6 1 281604 0 1 281604 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 293684 293684 3248618 979833 2268785 126310 124648 1662 2564131 DUE FROM OTHER GOVERNMENT 29851 ASSETS HELD FOR RESALE 3026683 INVESTMENT IN JOINT VENTURE 25341 3081875 SECURITY DEPOSITS 10000 DUE TO OTHER GOVERNMENT 40870 CURRENT PORTION OF NOTES PAYABLE 235470 LONG TERM DEBT 2972588 OTHER CURRENT LIABILITIES 5491 LINE OF CREDIT 2109588 COMPENSATED ABSENCES 6616 UNEARNED GRANT REVENUE 317277 5697900 X 358758 0 358758 -33 -33 358725 618648 0 618648 0 618648 PART X, LINE 2: THE CORPORATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE CORPORATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: JOINT VENTURE INCOME -33. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. THE ENTIRE BOARD OF DIRECTORS IS ESSENTIALLY THE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS AFTER IT HAS BEEN FILED. THE DOCUMENT IS APPROVED BY THE BOARD OF DIRECTORS. THEIR APPROVAL IS DOCUMENTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS DISCLOSE AT A BOARD MEETING WHENEVER THERE IS A CONFLICT OF INTEREST ON A MATTER BEING DISCUSSED OR ACTED ON AT A BOARD MEETING. IF ACTION IS BEING TAKEN, THE DIRECTOR WITH A CONFLICT OF INTEREST WILL ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, POLICIES AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: JOINT VENTURE INCOME 33. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS SELECTION PROCESS OR OVERSIGHT PROCESS DURING THE TAX YEAR. SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION 630 S MINNESOTA AVE SIOUX FALLS SD 57104 460333222 SEE SCHEDULE R PART VII. SD GOVERNMENT ENTITY N/A N/A 0 SPRING CENTRE APARTMENTS LIMITED PARTNERSHIP 630 S MINNESOTA AVENUE SIOUX FALLS SD 57104 451578938 LOW-INCOME HOUSING SD N/A RELATED -16 25184 0 1 0.00010 RESIDENCES AT GREENWAY LIMITED PARTNERSHIP 630 S MINNESOTA AVENUE SIOUX FALLS SD 57104 833330145 LOW-INCOME HOUSING SD N/A RELATED -17 -8955 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION P 281604 MONTHLY GENERAL LEDGER ACTIVITY SIOUX FALLS HOUSING & REDEVELOPMENT COMMISSION Q 279477 MONTHLY GENERAL LEDGER ACTIVITY PRIMARY ACTIVITY: PUBLIC HOUSING AGENCY FORMED TO ADMINISTER RENTAL ASSISTANCE PROGRAMS FOR LOW INCOME.