2024-11-14T17:09:31-05:00 2023-12-31 873834167 LUCIDA ADVISORS LLC 20633 WATERTOWN COURT BROOKFIELD WI 53186 990 2023-01-01 300572797 CDA HOUSING INC CDAH 9069325500 4003 80TH STREET SUITE 101 KENOSHA WI 53142 DONALD RICHARDS PRESIDENT 9069325500 2024-11-11 true true CARL L MARZOLF CPA MST P00981108 2628601724 2024-11-14 2023 2024-10-15 13:58:12Z DONALD RICHARDS 6067 WEST RANGE VIEW DRIVE HURLEY WI 54534 38590665 false X N/A X 2015 MI THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, AND EXCLUSIVELY TO CARRY OUT THE FOLLOWING PURPOSES: 1. PROVIDE DECENT, SAFE AND SANITARY HOUSING AND OTHER ASSISTANCE RELATED TO AFFORDABLE LOW-INCOME HOUSING AND BASIC HUMAN NEEDS FOR DECENT SHELTER TO THOSE IN NEED AND THE DISADVANTAGED AS WELL AS TO ENGAGE IN ANY OTHER LAWFUL ACT OR ACTIVITY FOR WHICH THE CORPORATION MAY BE ORGANIZED UNDER THE NON-PROFIT CORPORATION LAW OF THE STATE OF MICHIGAN. 2. DEVELOP AND MAINTAIN SAFE, AFFORDABLE HOUSING FOR LOW-INCOME PERSONS IN THE STATES OF MICHIGAN, WISCONSIN AND ILLINOIS. 3. PURCHASE, OBTAIN DONATIONS OF, AND ACCEPT OWNERSHIP OF EXISTING RENTAL HOUSING PROPERTIES AND, IF APPLICABLE AND APPROPRIATE, TO ASSUME EXISTING MORTGAGES AND ASSOCIATED INDEBTEDNESS OF SAID PROPERTIES AND/OR OBTAIN OTHER FINANCING AND OPERATE SAID PROPERTY AS AFFORDABLE LOW-INCOME HOUSING. 4. PROVIDE SUCH EDUCATIONAL, SUPPORTIVE AND REFERRAL SERVICES TO LOW-INCOME PERSONS A 3 3 0 0 2736489 16431075 0 943169 1062497 -154130 21097093 3525528 38590665 0 0 0 0 0 935795 810337 935795 810337 2589733 37780328 56463370 82182372 16922660 4861334 39540710 77321038 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, AND EXCLUSIVELY TO CARRY OUT THE FOLLOWING PURPOSES: 1. PROVIDE DECENT, SAFE AND SANITARY HOUSING AND OTHER ASSISTANCE RELATED TO AFFORDABLE LOW-INCOME HOUSING AND BASIC HUMAN NEEDS FOR DECENT SHELTER TO THOSE IN NEED AND THE DISADVANTAGED AS WELL AS TO ENGAGE IN ANY OTHER LAWFUL ACT OR ACTIVITY FOR WHICH THE CORPORATION MAY BE ORGANIZED UNDER THE NON-PROFIT CORPORATION LAW OF THE STATE OF MICHIGAN. 2. DEVELOP AND MAINTAIN SAFE, AFFORDABLE HOUSING FOR LOW-INCOME PERSONS IN THE STATES OF MICHIGAN, WISCONSIN AND ILLINOIS. 3. PURCHASE, OBTAIN DONATIONS OF, AND ACCEPT OWNERSHIP OF EXISTING RENTAL HOUSING PROPERTIES AND, IF APPLICABLE AND APPROPRIATE, TO ASSUME EXISTING MORTGAGES AND ASSOCIATED INDEBTEDNESS OF SAID PROPERTIES AND/OR OBTAIN OTHER FINANCING AND OPERATE SAID PROPERTY AS AFFORDABLE LOW-INCOME HOUSING. 4. PROVIDE SUCH EDUCATIONAL, SUPPORTIVE AND REFERRAL SERVICES TO LOW-INCOME PERSONS A false false 9983 CDA HOUSING, INC. IS INVOLVED WITH THE FOLLOWING PROJECTS AS OF DECEMBER 31, 2023: 1) MADISON PARK PLACE WAS A REHABILITATION OF A 150-UNIT DEVELOPMENT. CDA HOUSING SERVES AS A SUBORDINATE LENDER AND A SPONSOR. RESPONSIBILITIES INCLUDE COORDINATION WITH THE DEVELOPER ON ALL ASPECTS OF THE PROJECT. 2) THE CORLISS IS THE LARGEST MULTI-FAMILY BUILDING IN WI CONSISTING OF NEW CONSTRUCTION OF 576-UNIT AFFORDABLE AND SENIOR APARTMENTS UTILIZING 4% LIHTC AND A FIRST MORTGAGE WITH CITIBANK. CDA HOUSING IS THE SOLE MEMBER OF CDA TAXABLE, OWNS 10% OF THE MANAGING MEMBER IN THE PARTNERSHIP AND SERVES AS A SUBORDINATE LENDER AND CO-DEVELOPER FOR THE DEVELOPMENT. RESPONSIBILITIES INCLUDE COORDINATION WITH THE DEVELOPER ON ALL ASPECTS OF THE PROJECT. 9983 true true false false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false false false false false false true false false false true false false false false true 0 0 0 false false false false false false false false X 3 3 false false false false false false false true true false false true true true false false false false false true true MI X DONALD RICHARDS 9069325500 6067 WEST RANGE VIEW DRIVE HURLEY WI 54534 X DAMON DUNCAN DIRECTOR 2.00 X 0 0 0 TIM MAHONE VICE PRESIDE 2.00 X 0 0 0 KATIE OATSVALL SECRETARY & 2.00 X 0 0 0 DONALD RICHARDS PRESIDENT 2.00 X 0 0 0 false false false 16431075 14400000 16431075 1062497 1062497 GAIN FROM SALE OF ASSET 531390 21133489 21133489 OTHER INCOME 531390 51762 51762 INVESTMENT INCOME (LOSS) 531390 -88158 -88158 21097093 38590665 22159590 2080 2080 10300 10300 45387 2888 42499 4517 1023 3494 6072 6072 741929 741929 LICENSES & PERMITS 52 52 810337 9983 800354 0 105754 98567 40347931 77230436 15989685 4853369 20000 56463370 82182372 34524 16128673 4770000 759463 91334 16922660 4861334 X 39540710 77321038 39540710 77321038 56463370 82182372 37780328 X false true X true false X 8421912 10635000 8293737 2736489 16431075 46518213 254827 499762 1373178 789039 22159590 25076396 8676739 11134762 9666915 3525528 38590665 71594609 71594609 8676739 11134762 9666915 3525528 38590665 71594609 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CREEKSIDE MF, LLC 1600050 C PARKVIEW MF, LLC 1549438 C MEADOWS PHASE II, LLC 1128479 C BRISTOL COMMONS MANAGER, LLC 575706 C EM MANAGER, LLC 51 C WTR MANAGER, LLC 51 C GENESEO MANAGER, LLC 25 C BELL VALLEY TOWNHOMES, LLC -49 C GT MANAGER, LLC -53 C CHEVY REHABILITATION, LLC -329 C 4853369 ACCRUED INTEREST 73800 OTHER LIABILITIES 17534 91334 38590665 38590665 38590665 810337 810337 810337 X 1 14400000 FAIR MARKET VALUE false true false FORM 990 - ORGANIZATION'S MISSION THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, AND EXCLUSIVELY TO CARRY OUT THE FOLLOWING PURPOSES: 1. PROVIDE DECENT, SAFE AND SANITARY HOUSING AND OTHER ASSISTANCE RELATED TO AFFORDABLE LOW-INCOME HOUSING AND BASIC HUMAN NEEDS FOR DECENT SHELTER TO THOSE IN NEED AND THE DISADVANTAGED AS WELL AS TO ENGAGE IN ANY OTHER LAWFUL ACT OR ACTIVITY FOR WHICH THE CORPORATION MAY BE ORGANIZED UNDER THE NON-PROFIT CORPORATION LAW OF THE STATE OF MICHIGAN. 2. DEVELOP AND MAINTAIN SAFE, AFFORDABLE HOUSING FOR LOW-INCOME PERSONS IN THE STATES OF MICHIGAN, WISCONSIN AND ILLINOIS. 3. PURCHASE, OBTAIN DONATIONS OF, AND ACCEPT OWNERSHIP OF EXISTING RENTAL HOUSING PROPERTIES AND, IF APPLICABLE AND APPROPRIATE, TO ASSUME EXISTING MORTGAGES AND ASSOCIATED INDEBTEDNESS OF SAID PROPERTIES AND/OR OBTAIN OTHER FINANCING AND OPERATE SAID PROPERTY AS AFFORDABLE LOW-INCOME HOUSING. 4. PROVIDE SUCH EDUCATIONAL, SUPPORTIVE AND REFERRAL SERVICES TO LOW-INCOME PERSONS AS MAY BE NECESSARY AND APPROPRIATE TO THE ACCOMPLISHMENT OF THE PROVISION OF AFFORDABLE, LOW-INCOME HOUSING. 5. TO DO ANY AND ALL LAWFUL ACTIVITIES WHICH MAY BE NECESSARY, USEFUL OR DESIRABLE FOR THE FURTHERANCE, ACCOMPLISHMENT, FOSTERING OR ATTAINMENT OF THE FOREGOING PURPOSES, EITHER DIRECTLY OR INDIRECTLY, AND EITHER ALONE OR IN CONJUNCTION OR COOPERATION WITH OTHERS, WHETHER SUCH OTHERS BE PERSONS OR ORGANIZATIONS OF ANY KIND OR NATURE, SUCH AS CORPORATIONS, FIRMS, ASSOCIATIONS, TRUSTS, INSTITUTIONS, FOUNDATIONS, OR GOVERNMENTAL BUREAUS, DEPARTMENTS, OR AGENCIES. FORM 990, PAGE 2, PART III, LINE 4A CDA HOUSING, INC. IS INVOLVED WITH THE FOLLOWING PROJECTS AS OF DECEMBER 31, 2023: 1) MADISON PARK PLACE WAS A REHABILITATION OF A 150-UNIT DEVELOPMENT. CDA HOUSING SERVES AS A SUBORDINATE LENDER AND A SPONSOR. RESPONSIBILITIES INCLUDE COORDINATION WITH THE DEVELOPER ON ALL ASPECTS OF THE PROJECT. 2) THE CORLISS IS THE LARGEST MULTI-FAMILY BUILDING IN WI CONSISTING OF NEW CONSTRUCTION OF 576-UNIT AFFORDABLE AND SENIOR APARTMENTS UTILIZING 4% LIHTC AND A FIRST MORTGAGE WITH CITIBANK. CDA HOUSING IS THE SOLE MEMBER OF CDA TAXABLE, OWNS 10% OF THE MANAGING MEMBER IN THE PARTNERSHIP AND SERVES AS A SUBORDINATE LENDER AND CO-DEVELOPER FOR THE DEVELOPMENT. RESPONSIBILITIES INCLUDE COORDINATION WITH THE DEVELOPER ON ALL ASPECTS OF THE PROJECT. FORM 990, PAGE 6, PART VI, LINE 11B COMPANY ACCOUNTANT REVIEWS THE INFORMATION ON THE 990 BEFORE IT IS SUBMITTED FOR E-FILING. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. CDA TAXABLE LLC 6067 WEST RANGE VIEW DRIVE HURLEY WI 54534 823759876 REAL ESTAT WI -89652 4853369 CDA HOUSIN BFU II LLC 4015 80TH STREET KENOSHA WI 53142 205437172 REAL ESTAT WI 43359 CDA HOUSIN BETA-BECHER ACQUISITION COMPANY LLC 600 52ND STREET SUITE 320 KENOSHA WI 53140 REAL ESTAT WI 21183489 21526659 CDA HOUSIN