2024-11-15T09:23:21-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2023-10-01 391924259 ST CROIX VALLEY SUPPORTIVE HOUSING FOR THE ELDERLY INC STCR 6514656841 204 SOUTH ADAMS ST CROIX WI 54024 DAVE DOBOSENSKI CHAIRMAN 6514656841 2024-11-13 1 0 NICOLE FOLKERTS CPA P01677599 3202035500 2024-11-13 2023 2024-10-15 13:58:12Z DAVE DOBOSENSKI 204 SOUTH ADAMS ST CROIX WI 54024 77344 0 X NA X 1997 WI TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 5 5 3 5 0 0 100 0 287038 77322 93 22 0 0 287231 77344 0 0 0 0 95863 21681 0 0 0 301310 53678 397173 75359 -109942 1985 1360362 1360019 49932 47604 1310430 1312415 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 0 0 50424 77322 PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS - 30 UNIT APARTMENT BUILDING. 50424 1 0 0 0 0 0 0 0 0 0 1 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 0 0 1 0 0 0 1 2 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 WI X CHUCK ARMSTRONG 6517664300 3530 LEXINGTON AVE N SHOREVIEW MN 55126 X DAVE DOBESENSKI CHAIRMAN 1.00 X X 0 0 0 MIKE YOUSO VICE CHAIRMAN 0.30 X X 0 0 0 MIKE BUCHITE DIRECTOR 0.30 X X 0 0 0 GERI AANONSEN DIRECTOR 0.30 X 0 0 0 PHIL STRATMOEN DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 533110 77302 77302 TENANT CHARGES 533110 20 20 77322 22 22 77344 77322 0 22 18321 5185 13136 1138 314 824 584 234 350 1638 564 1074 5009 5009 1823 1823 1091 1072 19 1379 1241 138 1171 1054 117 21538 19384 2154 54 54 424 424 16849 16849 2754 2754 CABLE TV 587 587 RESIDENT CARE SUPPLIES 528 528 RESIDENT PROGRAM EXPENS 213 213 LICENSES & PERMITS 208 21 187 50 50 75359 50424 24935 0 22588 34181 847 11374 12327 2240703 1117633 1139921 1123070 186479 189594 1360362 1360019 27983 25678 21949 21926 49932 47604 X -623570 -621585 1934000 1934000 1310430 1312415 1360362 1360019 1985 0 X 0 0 0 X 100 100 262753 267600 266812 287038 77322 1161525 262753 267600 266812 287138 77322 1161625 0 0 0 1161625 42 154 114 93 22 425 42 154 114 93 22 425 262795 267754 266926 287231 77344 1162050 0.99960 0.99960 0.00040 0.00040 X PART VI ST. CROIX VALLEY SUPPORTIVE HOUSING FOR THE ELDERLY, INC OPTED TO CHANGE THEIR YEAR END FROM 09/30 TO 12/31. 51872 51872 2045484 1015564 1029920 17293 12100 5193 126054 89969 36085 1123070 RESERVE FOR REPLACEMENTS 149411 RESIDUAL RECEIPTS 17013 TENANT DEPOSITS HELD IN TRUST 12439 LEASED ASSET 10731 189594 TENANT SECURITY DEPOSITS 10935 ACCRUED LEASE PAYMENTS PAYABLE 10991 21926 FORM 990, PART VI, SECTION A, LINE 3 THE PROJECT IS MANAGED BY ECUMEN SERVICES, INC. UNDER AN AGREEMENT APPROVED BY HUD WHICH PROVIDES FOR A MANAGEMENT FEE OF 6.97% OF RENTAL REVENUE COLLECTIONS. THE MANAGEMENT FEE IS SUBJECT TO A PER UNIT PER MONTH CAP AS DETERMINED BY HUD. MANAGEMENT FEES INCURRED FOR THE PERIOD ENDED DECEMBER 31, 2023 AMOUNTED TO $5,389.34. THE MANAGEMENT AGENT FUNDS CERTAIN OPERATING EXPENSES, INCLUDING CONTRACTED SALARIES AND BENEFITS AND IS SUBSEQUENTLY REIMBURSED. REIMBURSED OPERATING EXPENSES WERE $7,364.71 FOR THE PERIOD ENDED DECEMBER 31, 2023. AMOUNTS PAYABLE TO THE MANAGEMENT AGENT FOR MANAGEMENT FEES AND OPERATING EXPENSES WERE $7,540.76 AS OF DECEMBER 31, 2023 AND WERE RECORDED IN ACCOUNTS PAYABLE ON THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ACCOUNTANTS WITH THE MANAGING AGENT, ECUMEN SERVICES INC, AND THE PRESIDENT REVIEW THE 990 IN DETAIL PRIOR TO IT BEING FILED. ANY QUESTIONS AS A RESULT OF THIS REVIEW ARE RESOLVED PRIOR TO THE 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ECUMEN EXPECTS ALL TEAM MEMBERS TO REFRAIN FROM ENGAGING IN ANY REAL OR PERCEIVED CONFLICTS OF INTEREST. EXAMPLES OF CONFLICTS OF INTEREST INCLUDE: OUTSIDE ACTIVITIES: ANY OUTSIDE ACTIVITY BY ANY TEAM MEMBER WHICH MAY BE VIEWED AS COMPETING WITH THE PRODUCTS OR SERVICES USUALLY OFFERED BY ECUMEN. THIS INCLUDES ANY OUTSIDE ACTIVITY WHICH MAY INTERFERE WITH THE OPERATIONS OF ECUMEN OR THE TEAM MEMBER'S LOYALTY TO ECUMEN. OUTSIDE BUSINESS INTERESTS: ANY SITUATION IN WHICH THE TEAM MEMBER MAY OBTAIN PERSONAL GAIN, OR WHICH MAY SERVE AS A DETRIMENT TO ECUMEN, EITHER MONETARILY OR TO ITS PUBLIC IMAGE, THROUGH THE USE OF INFORMATION OR PERSONAL CONTACT USUALLY NOT ATTAINABLE EXCEPT THROUGH EMPLOYMENT WITH ECUMEN. ANY QUESTIONS OR CONCERNS REGARDING POTENTIAL CONFLICTS OF INTEREST SHOULD BE DIRECTED TO SHOREVIEW PEOPLE SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. RIVER TOWN HEIGHTS INC 201 S ADAMS STREET ST CROIX FALLS WI 54024 391524307 LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS WI 501(C)(3) LINE 10 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0