2024-11-15T07:29:51-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2023-01-01 351112746 LINCOLN HILLS DEVELOPMENT CORPORATION LINC 8125473435 PO BOX 336 TELL CITY IN 475860336 TIFFANY LAMPERT QUINN CHIEF EXECUTIVE OFFICER 8125473435 2024-11-13 1 1 MELANIE MCPEAK P01346034 8885871719 2023 2024-10-15 13:58:12Z DAYNE SEIBERT PO BOX 336 TELL CITY IN 475860336 13223831 0 X WWW.LHDC.ORG X 1965 IN LHDC IS THE DESIGNATED COMMUNITY ACTION AGENCY FOR CRAWFORD, PERRY, AND SPENCER COUNTIES. LHDC EXISTS TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE. IN ADDITION TO CRAWFORD, PERRY, AND SPENCER COUNTIES, LHDC ALSO OFFERS SERVICES IN DUBOIS, GIBSON, HARRISON, LAWRENCE, ORANGE, PIKE, VANDERBURGH, AND WARRICK COUNTIES. 18 18 179 576 0 0 8487810 8479431 4513595 4363759 2806 309591 48369 53144 13052580 13205925 1411822 1731485 0 0 6118986 5884915 0 0 48082 5273077 5151388 12803885 12767788 248695 438137 11970888 12463984 3100797 3155756 8870091 9308228 X REDUCING POVERTY TO IMPROVE LIVES AND COMMUNITIES IN SOUTHERN INDIANA. 0 0 5529482 4397724 DURING 2023, THE HEAD START BIRTH TO 5 PROGRAM PROVIDED COMPREHENSIVE EDUCATION, MEDICAL, NUTRITION, HEALTH, AND SOCIAL SERVICES FOR A FUNDED ENROLLMENT OF 371 ENROLLED CHILDREN SERVED THROUGH 14 CLASS SESSIONS LOCATED IN SEVEN CENTERS THROUGHOUT CRAWFORD, HARRISON, PERRY, AND SPENCER COUNTIES. 828596 DURING 2023, 20 FAMILIES IN CRAWFORD, PERRY, HARRISON, AND SPENCER COUNTIES RECEIVED HOME WEATHERIZATION SERVICES. ALL HOMES RECEIVED BASIC ENERGY CONSERVATION SERVICES, WHICH REDUCES LONG-TERM ENERGY BILLS. IN THE ENERGY ASSISTANCE PROGRAM, 1,915 LOW-INCOME DISABLED AND ELDERLY HOUSEHOLDS (3,458 INDIVIDUALS) RECEIVED ASSISTANCE IN PAYMENT OF THEIR WINTER HEATING BILLS. THE WATER PROGRAM ASSISTED 149 HOUSEHOLDS (345 INDIVIDUALS) IN 2023. 1913448 1731485 DURING 2023, THE STATE SECTION 8 PROGRAM PROVIDED HOUSING ASSISTANCE PAYMENTS TO 735 INDIVIDUALS IN CRAWFORD, GIBSON, PERRY, SPENCER, VANDERBURGH, AND WARRICK COUNTIES. 660843 THE ORGANIZATION RECEIVES FUNDING FROM VARIOUS AGENCIES TO PROVIDE SERVICES TO LOW INCOME, ELDERLY, AND HANDICAPPED INDIVIDUALS. 660843 8932369 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 171 0 1 179 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X TIFFANY LAMPERT QUINN 8125473435 PO BOX 336 TELL CITY IN 475860336 JEFF HAGEDORN PRESIDENT 1.00 X X 0 0 0 JILL KAETZEL VICE PRESIDENT 1.00 X X 0 0 0 DAYNE SEIBERT TREASURER 1.00 X X 0 0 0 ROBERT COMPTON DIRECTOR 1.00 X 0 0 0 JUDY DAVIS DIRECTOR 1.00 X 0 0 0 CODY RHODES DAWSON DIRECTOR 1.00 X 0 0 0 DARWIN GROVES DIRECTOR 1.00 X 0 0 0 LANA HARTZ DIRECTOR 1.00 X 0 0 0 EMILY JAMES DIRECTOR 1.00 X 0 0 0 ANJAN KASHYAB DIRECTOR 1.00 X 0 0 0 DIANE LITKENHUS DIRECTOR 1.00 X 0 0 0 NICK SILER DIRECTOR 1.00 X 0 0 0 PAM THOMPSON DIRECTOR 1.00 X 0 0 0 ANTHONY VINSON DIRECTOR 1.00 X 0 0 0 BECKY WALTS DIRECTOR 1.00 X 0 0 0 HELEN LOUISE WRIGHT DIRECTOR 1.00 X 0 0 0 KEVIN WRIGHT DIRECTOR 1.00 X 0 0 0 JASON WOLF DIRECTOR 1.00 X 0 0 0 TIFFANY LAMPERT QUINN CHIEF EXECUTIVE OFFICER 35.00 X 94762 0 10621 SHANNON SPRINKLE CHIEF FINANCIAL & HR OFFICER 35.00 X 105395 0 11031 200157 0 21652 1 0 0 0 0 8474431 5000 8479431 HOUSING REVENUE 624200 2516855 2516855 LINCOLN VILLAGE APTS 624200 498334 498334 HOUSING FOR THE ELDERL 624200 497347 497347 VILLAGE APTS OF CORYDO 624200 396557 396557 VILLAGE APTS OF CORYDO 624200 274964 274964 179702 179702 4363759 263558 263558 46033 0 46033 46033 46033 37085 17906 19179 19179 MISCELLANEOUS INCOME 900099 33965 33965 33965 13205925 4397724 0 328770 1731485 1731485 221809 221809 4491422 2738943 1713578 38901 152785 105069 46464 1252 580514 391607 184385 4522 438385 285993 148985 3407 10772 10772 6169 125 6044 88266 15227 73039 407174 393109 14065 33412 33412 465621 290805 174816 93244 93244 956625 816552 140073 165111 160896 4215 94366 94366 683660 423159 260501 HOUSING PROJECT TRANSFE 794397 794397 EQUIPMENT AND MAINTENAN 317692 282623 35069 FOOD 205764 205352 412 TRAINING 144412 126089 18323 684703 76572 608131 12767788 8932369 3787337 48082 239254 1159498 433577 379945 592339 453041 21218 61039 12285 13011 19770499 13293005 6625861 6477494 374008 420365 2188147 3114072 18 1484181 385519 11970888 12463984 924490 821134 27317 538880 1983990 1630742 165000 165000 3100797 3155756 X 8870091 9308228 8870091 9308228 11970888 12463984 438137 0 X X 0 1 X 1 1 1 X 8926871 8293945 6839329 8487810 8479431 41027386 8926871 8293945 6839329 8487810 8479431 41027386 41027386 14013 6318 1477 2806 263558 288172 19618 19179 38797 41354355 18237755 0.99210 0.99920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 12767786 12767786 788389 197097 0 0 590697 624463 790194 788389 2793743 4190615 151 323 474 147674 156116 197549 197097 698436 1047654 1860115 1860115 14584475 12405976 2178499 3325909 887029 2438880 6477494 INVESTMENT IN LINCOLN MANOR OF HOLLAND 213909 C INVESTMENT IN COUNTRY PLACE APARTMENTS -89945 C INVESTMENT IN HARTFORD PLACE APARTMENTS, LP -519531 C INVESTMENT IN CHANDLER HEIGHTS ASSOCIATES, LTD -443292 C INVESTMENT IN COTTON MILL APARTMENTS, LP 3952931 C 3114072 STATE GRANT OBLIGATIONS 165000 165000 X PART X, LINE 2: LHDC IS A NON-PROFIT CORPORATION INCORPORATED UNDER THE LAWS OF THE STATE OF INDIANA AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. LHDC'S SUBSIDIARY, LINCOLN MANOR APARTMENTS, INC., IS ORGANIZED AS A REGULAR C CORPORATION, AND CONSEQUENTLY IS SUBJECT TO FEDERAL, STATE, AND LOCAL INCOME TAX ON THEIR EARNINGS AND PROFITS. WITH RESPECT TO THIS CORPORATION, THERE WAS NO SIGNIFICANT OPERATING ACTIVITY DURING THE YEAR ENDED DECEMBER 31, 2023. THEREFORE, NO INCOME TAX PROVISION HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023. ADDITIONALLY, THERE ARE NO SIGNIFICANT TIMING DIFFERENCES BETWEEN CONSOLIDATED FINANCIAL STATEMENT REPORTING AND INCOME TAX REPORTING. THEREFORE, NO PROVISION HAS BEEN RECORDED FOR DEFERRED TAXES. THIS CORPORATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION. FASB ASU NO. 2009-6 DEFINES TAX POSITIONS APPLICABLE TO PASS-THROUGH ENTITIES, SUCH AS S CORPORATIONS, PARTNERSHIPS, AND LIMITED LIABILITY COMPANIES, AND ONLY REQUIRES INCOME TAXES ATTRIBUTED TO THE REPORTING ENTITY AND NOT THE INDIVIDUAL OWNERS TO BE CONSIDERED TAX POSITIONS. THIS ENTITY RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE FASB ACCOUNTING STANDARDS CODIFICATION. GOLF OUTING 13285 13285 800 3300 892 693 HALF POT 10151 10151 5076 667 2 13649 13649 6478 37085 37085 5876 3300 892 7838 17906 19179 1 ASSISTANCE TO INDIVIDUALS FOR HOUSING, UTILITIES, CRISIS SITUATIONS, PHYSICALS, AND EMERGENCY SHELTER. 735 1731485 PART I, LINE 2: ALL OF THE ORGANIZATION'S PROGRAMS HAVE MONITORING REVIEWS SPECIFIC TO THE PROGRAMS BY THE FUNDING SOURCE TO ENSURE MONIES ARE SPENT PROPERLY. ADDITIONALLY, THE ORGANIZATION UNDERGOES AN AUDIT EACH YEAR. X X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED EFFECTIVE MAY 24, 2023 TO SPECIFY THAT 51% OF THE MEMBERS OF THE BOARD OF DIRECTORS SHALL BE MINORITIES, WOMEN, OR PERSONS WITH DISABILITIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE COMMITTEE, IN WHICH IT IS REVIEWED BY THE COMMITTEE TO DETERMINE THAT ALL REQUIRED TAX AND INFORMATION RETURN FILINGS WITH THE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES ARE CURRENT AND IN COMPLIANCE WITH REPORTING REQUIREMENTS. THE 990 RETURN IS PROVIDED IN THE BOARD PACKET TO THE ENTIRE BOARD FOR REVIEW BEFORE SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS IN ORDER TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. NO EMPLOYEE OF THE CORPORATION MAY SERVE ON THE BOARD OF DIRECTORS. NO FEDERAL OR STATE EMPLOYEE MAY SERVE ON THE BOARD OF DIRECTORS IN A CAPACITY WHICH WILL REQUIRE HIM/HER TO ACT AS AN AGENT OR REPRESENTATIVE FOR THE CORPORATION IN ITS DEALINGS WITH THE FEDERAL OR STATE AGENCY WHICH EMPLOYS HIM/HER. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED ANNUALLY AND APPROVED BY THE BOARD OF DIRECTORS, AND ALL OTHER EMPLOYEES' COMPENSATION ARE REVIEWED ANNUALLY AND APPROVED BY THE CHIEF OPERATING OFFICER AND THE CHIEF EXECUTIVE OFFICER. SEVERAL SOURCES ARE USED FOR COMPARABILITY INCLUDING THE SALARY SURVEY REPORT OF COMMUNITY ACTION AGENCIES PREPARED BY THE CENTER FOR COMMUNITY FUTURES AND INDIANA COMMUNITY ACTION NETWORK OF SALARY SURVEYS. SALARY SURVEYS ARE USED ALONG WITH OTHER SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ITS BUSINESS OFFICE LOCATED IN TELL CITY, INDIANA. FORM 990, PAGE 12, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS TAKES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. LINCOLN MANOR OF HOLLAND LP PO BOX 336 TELL CITY IN 47586 352059589 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN LINCOLN HILLS DEVELOPMENT CORP RELATED -9691 242302 0 0 0.99990 COTTON MILL APARTMENTS LP 302 MAIN STREET TELL CITY IN 47586 352072194 TO PROVIDE LOW INCOME HOUSING IN LINCOLN HILLS DEVELOPMENT CORP RELATED -86466 1366534 0 0 0.99990 COUNTRY PLACE APARTMENTS VI LTD PO BOX 336 TELL CITY IN 47586 351504740 TO PROVIDE LOW INCOME HOUSING IN N/A RELATED 6493 688512 0 1 0.99990 HARTFORD PLACE APARTMENTS LP PO BOX 336 TELL CITY IN 47586 351900498 TO PROVIDE LOW INCOME HOUSING IN LINCOLN HILLS DEVELOPMENT CORP RELATED -10760 379657 0 1 0.99000 CHANDLER HEIGHTS ASSOCIATES LTD 302 MAIN STREET TELL CITY IN 47586 351523031 TO PROVIDE LOW INCOME HOUSING IN LINCOLN HILLS DEVELOPMENT CORP RELATED 23677 451701 0 1 0.95000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0