2024-11-05T11:22:40-06:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-01-01 611623575 The Hearthstone at Hover Crossing HEAR 3036518581 350 Kimbark St Longmont CO 805015500 Harold Dominguez Interim Executive Director 3036518581 2024-11-05 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-11-05 2023 2024-10-15 13:58:12Z Harold Dominguez 350 Kimbark St Longmont CO 805015500 368425 0 X www.longmontha.com X 2010 CO To provide affordable housing to low income and elderly residents. 3 3 0 3 0 0 0 0 338981 367452 268 973 0 0 339249 368425 0 0 0 0 92398 97253 0 0 0 416166 427126 508564 524379 -169315 -155954 6373873 6220429 7131425 7133935 -757552 -913506 Provide affordable housing to low income and elderly residents. 0 0 413834 367452 The Organization owns and operates a 50 unit low-income housing project in Longmont, Colorado that began operations in 2013 under HUD 202 program. 413834 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 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 X 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 X Longmont Housing Authoirty 3037743556 350 Kimbark Street Longmont CO 80501 X Debby Paris President 2.00 4.10 X X 0 0 0 Stephen Morgan Vice President 2.00 4.10 X X 0 0 0 Darrell L Beck Jr Board Member 2.00 4.10 X 0 0 0 Harold Dominguez Interim Executive Director 2.00 4.10 X 0 0 0 0 0 0 0 0 0 0 0 PS Rental Revenue 531110 358682 358682 Other Income 531110 8770 8770 367452 973 973 368425 367452 0 973 X 75928 35916 40012 4423 1253 3170 16902 7872 9030 28812 28812 2391 2391 17550 17550 56771 56771 15050 12120 2930 1676 1676 45849 45849 11 11 1217 142 1075 4800 4800 197156 197156 31267 31267 Dues/Subscriptions 8953 8953 Tenant Services Contrac 6180 6180 Repairs & Maintenance 4821 4821 Bad Debt 3321 3321 1301 723 578 524379 413834 110545 0 1907 18265 190161 220493 1193 805 12938 10348 8048238 2077720 6167674 5970518 6373873 6220429 72110 73791 1167 2351 15448 15093 7042700 7042700 7131425 7133935 X -757552 -913506 -757552 -913506 6373873 6220429 -155954 0 X 0 1 X 1 1 1 X 271069 266660 329035 338981 367452 1573197 271069 266660 329035 338981 367452 1573197 0 77329 88007 109501 274837 77329 88007 109501 274837 1298360 399 326 202 268 973 2168 399 326 202 268 973 2168 271468 266986 329237 339249 368425 1575365 0.82420 0.88750 0.00140 0.00100 X 0 1 X 390672 390672 7546588 1981130 5565458 110978 96590 14388 5970518 X 368425 0 368425 0 368425 524379 0 524379 0 524379 Part IV, Line 2b: The organization holds tenant security deposits. Part X, Line 2: Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Form 990, Part V, line 2a, Number of Employees Report on W-3: Longmont Housing Development Corporation, a related organization, reports all employees on their Form W-3. Part IX, lines 7 through 10 reflect the salaries and expenses allocated to the filing organization. The filing organization reimburses the related organization these costs. Form 990, Part VI, Section A, line 2 All Board members have a business relationship with each other as they all serve on the Board of the for profit related organization, Longmont Housing Management Inc. Form 990, Part VI, Section A, line 3 Longmont Housing Authority (LHA) is the management company for Hearthstone at Hover Crossing. Hearthstone at Hover Crossing paid the management company $28,812 to provide management services for accounting and operations. Form 990, Part VI, Section A, line 8b There are no committees that are able to act on behalf of the board. Form 990, Part VI, Section B, line 11b Management reviewed the Form 990 and provided a copy to the Board of Directors before filing with the IRS. Form 990, Part VI, Section B, line 12c The Board Members review and sign off on the conflict of interest policy annually indicating they do not have conflicts. If they have a conflict they cannot serve on the Board of Directors. The disclosures are filed with LHA. Form 990, Part VI, Section B, line 15 The organization does not compensate or employ individuals. Form 990, Part VI, Section C, line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request during the tax year. Form 990, Part IX, line 11g Contracted Services: Program service expenses 56,771. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,771. Longmont Housing Development Corp 350 Kimbark Street Longmont CO 80501 841247423 Low Income Housing CO 501(c)(3) Line 7 N/A 0 The Lodge at Hover Crossing 350 Kimbark Street Longmont CO 80501 208552632 Low Income Housing CO 501(c)(3) Line 10 Longmont Housing Development Corp 0 Longmont Housing Management Inc 350 Kimbark Street Longmont CO 80501 841600210 Real Estate Management CO N/A C 0 Prairie Village Management LLC 350 Kimbark Street Longmont CO 80501 473003351 Low Income Housing CO N/A C 0 Crisman Development LLC 350 Kimbark Street Longmont CO 80501 812497640 Low Income Housing CO N/A C 0 Fall River GP LLC 350 Kimbark Street Longmont CO 80501 823476293 Low Income Housing CO N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0