2024-06-27T20:35:44-05:00 2023-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-01-01 562638952 RUSSELLVILLE SENIOR HOUSING INC RUSS 5026349830 1244 S 4TH ST LOUISVILLE KY 40203 TRAVIS YATES EXECUTIVE DIRECTOR 5026349830 2024-06-27 1 TRAVIS YATES 999009999 0 DAVID W LEMLER CPA CGMA P00378478 3177456411 2024-06-27 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z TRAVIS YATES 1244 S 4TH ST LOUISVILLE KY 40203 164337 0 X N/A X 2007 KY TO PROVIDE ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIFE. 7 7 0 7 0 0 0 0 148575 161204 10 10 4031 3123 152616 164337 0 0 0 0 52791 58005 0 0 0 150028 155485 202819 213490 -50203 -49153 1630456 1577261 19962 15920 1610494 1561341 X IN KEEPING WITH THE SPIRIT AND TEACHING OF JESUS CHRIST, IN WHOSE NAME THIS MINISTRY WAS FOUNDED AND SUSTAINED, IS TO PROVIDE FOR THE NEEDS OF THOSE ENTRUSTED TO US BY HIM. IT IS OUR PURPOSE TO SUPPLY CARE, PHYSICAL, SPIRITUAL AND EMOTIONAL IN A CHRISTIAN ATMOSPHERE TO ENHANCE THE HIGHEST QUALITY OF LIFE ATTAINABLE TO ALL PERSONS INVOLVED. 0 0 197872 164327 OUR MAJOR PROGRAM IS SUBSIDIZED HOUSING FOR SENIORS THROUGH A HUD PROGRAM FOR OUR APARTMENTS, MAKING IT POSSIBLE FOR THESE SENIORS TO HAVE ADEQUATE LIVING ACCOMODATIONS AND SECURITY AT A REASONABLE PRICE. 197872 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 KY X BEACON PROPERTY MANAGEMENT 5026349830 1244 S 4TH ST LOUISVILLE KY 40203 X TRAVIS YATES PRESIDENT 1.00 X X 0 0 0 BRANDIE BRYAN-FRANKFORTHER TREASURER 1.00 X X 0 0 0 CHRIS REDMON SECRETARY 1.00 X X 0 0 0 NATALIE HARRIS DIRECTOR 1.00 X 0 0 0 DR NATH'L MOORE DIRECTOR 1.00 X 0 0 0 ROBERT VICE JR BOBBY DIRECTOR 1.00 X 0 0 0 JILL IRLE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENT REVENUE - GROSS P 623990 161204 161204 161204 10 10 CABLE TV REVENUE 623990 3123 3123 3123 164337 164327 0 10 49128 49128 8877 8877 15618 15618 4700 4700 7111 7111 9580 9580 43336 43336 465 465 62259 62259 11781 11781 BAD DEBT EXPENSE 635 635 213490 197872 15618 0 11318 9449 1095 54 2965 3139 2396422 937624 1511057 1458798 97159 98499 6862 7322 1630456 1577261 13811 9653 645 296 5506 5971 19962 15920 X -611841 -660994 2222335 2222335 1610494 1561341 1630456 1577261 -49153 0 X X 0 1 X 1 1 1 X 122800 129418 139672 148575 161204 701669 122800 129418 139672 148575 161204 701669 0 0 0 701669 10 10 10 10 10 50 10 10 10 10 10 50 3812 4152 4316 4031 3123 19434 126622 133580 143998 152616 164337 721153 0.97300 0.97000 0.00010 0.00010 X 0 0 133186 133186 2102217 791159 1311058 102597 89666 12931 58422 56799 1623 1458798 REPLACEMENT RESERVE 88080 F ESCROW DEPOSITS 10419 F 98499 SECURITY DEPOSITS 5971 5971 X 164337 0 164337 0 164337 213490 0 213490 0 213490 PART X, LINE 2: RUSSELLVILLE IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. RUSSELLVILLE HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE RUSSELLVILLE TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. RUSSELLVILLE IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. RUSSELLVILLE'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENTS OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, AND TOTALED $0 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. RUSSELLVILLE'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR WILL REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL STATEMENT SIGNED BY EACH TRUSTEE AFFIRMING THAT 1) TRUSTEE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2} TRUSTEE HAS READ AND UNDERSTANDS THE POLICY AND 3} UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: ANNUALLY THE FULL GOVERNING BOARD ENGAGES AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT TO CONDUCT THE ANNUAL AUDIT. WHEN COMPLETED, COPIES OF THE AUDIT ARE PROVIDED TO THE MEMBERS OF THE GOVERNING BOARD, AND THE ACCOUNTANT IS AVAILABLE TO ANSWER QUESTIONS AND PROVIDE OPPORTUNITY FOR A MORE COMPLETE UNDERSTANDING OF ALL ASPECTS OF THE WORK.