2024-05-13T14:27:10-04:00 2023-12-31 432016112 Ledgers Inc 9 S Broadway Watertown SD 57201 990 2023-01-01 460320560 LAKE PRESTON HOUSING INC LAKE PO BOX 64 LAKE PRESTON SD 572490064 SARAH STEFFENSEN MANAGER 6052030977 2024-05-15 true SARAH STEFFENSEN true Lisa Boersma CPA P01078736 6058820686 2024-05-13 2 00 AAL1 IAL1 2023 2023-04-26 12:10:37Z RICK HILLESTAD 232105 false X X 1973 SD PROVIDE 40 UNITS OF LOW INCOME HOUSING 7 7 0 0 0 0 248619 230876 271 1229 0 248890 232105 0 0 0 0 0 250028 268634 250028 268634 -1138 -36529 560670 553496 597644 626999 -36974 -73503 PROVIDE 40 UNITS OF LOW INCOME HOUSING false false 228068 PROVIDE 40 UNITS OF LOW INCOME HOUSING 228068 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 12 0 true 0 false false false false false false false false X 7 7 false false false false false false false true true false false false true true true true true false false false X SARAH STEFFENSEN 6058474751 104 E ASH ARLINGTON SD 57212 X RODNEY OLSON MEMBER AT LARGE 1.00 0.00 X 0 0 0 ANDREW WIENK MEMBER AT LARGE 1.00 0.00 X 0 0 0 BRIAN ZEECK MEMBER AT LARGE 1.00 0.00 X 0 0 0 JAKE SMITH MEMBER AT LARGE 1.00 0.00 X 0 0 0 LINDA IVERSON VICE PRESIDENT 1.00 0.00 X 0 0 0 DARLENE DEKNIKKER SECRETARY TREASURER 1.00 0.00 X 0 0 0 RICK HILLESTAD PRESIDENT 1.00 0.00 X X 0 0 0 0 0 0 0 false false false RENTAL INCOME 532000 225019 225019 LAUNDRY INCOME 812300 5497 5497 SECURITY DEP RETAINED 532000 360 360 230876 1229 1229 232105 230876 0 1229 35346 35346 4608 4608 168 168 212 212 1046 731 315 429 429 158714 158714 40 40 5354 5354 57226 57226 257 257 TAXES & LICENSES 202 202 OVERAGE 5032 5032 268634 228068 40566 0 21185 23674 199512 160424 2328 1896009 1543009 324649 353000 12996 16398 560670 553496 586644 615107 11000 11892 597644 626999 X -36974 -73503 -36974 -73503 560670 553496 -36529 0 X false false false 84365 84365 1624800 1387836 236964 186844 155173 31671 353000 SECURITY DEPOSITS HELD 13060 ACCRUED INTEREST RECEIVABLE 666 EQUITY IN COOP 2672 16398 SECURITY DEPOSITS HELD 10945 ACCRUED INTEREST 414 OVERAGE PAYABLE 533 11892 Form 990 governing body review Part VI line 11 THE MANAGER OF THE ORGANIZATION REVIEWS THE FORM 990 PRIOR TO IT BEING SIGNED AND FILED WITH THE IRS. Conflict of interest policy compliance Part VI line 12c IDENTITY OF INTEREST IS MONITORED BY THE BOARD AT THEIR REGULAR MEETINGS WHEN EXPENDITURES ARE REVIEWED. IN ADDITION, ANY EXPENDITURE GREATER THAN $250 THAT IS NOT FOR NORMAL OPERATING EXPENSES MUST BE APPROVED BY THE BOARD PRIOR TO PAYMENT. Governing documents etc available to public Part VI line 19 MOST GOVERNING DOCUMENTS ARE POSTED IN A CENTRAL LOCATION IN EACH BUILDING. IDENTITY OF INTEREST DETAILS AND FINANCIAL STATEMENTS ARE KEPT IN THE MANAGERS OFFICE AND MAY BE REVIEWED UPON REQUEST.