2024-10-15T16:29:39-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 3402 OAKWOOD MALL DRIVE SUITE 100 EAU CLAIRE WI 547017672 990 2023-07-01 391897157 THE RIO HOUSING ASSOCIATION INC C/O ACCORD PROPERTY MANAGEMENT RIOH 6088384000 PO BOX 7354 MADISON WI 537077354 KARRIE LANDSVERK PRESIDENT 6088384000 2024-10-13 1 1 DAWN YARRINGTON P01584414 7158521100 2024-09-26 2023 2024-10-15 13:58:12Z COVENANT PLACE KARRIE LANDSVERK PO BOX 7354 MADISON WI 537077354 133284 0 X N/A X 1997 WI PROVIDE HOUSING TO VERY LOW INCOME ELDERLY PERSONS 5 5 3 6 0 0 0 0 125371 131714 8 8 1328 1562 126707 133284 0 0 0 0 37464 36640 0 0 0 113035 116453 150499 153093 -23792 -19809 659740 640099 14511 14679 645229 625420 PROVIDE HOUSING TO VERY LOW INCOME ELDERLY PERSONS 0 0 99590 0 133276 PROVIDED 20 ONE BEDROOM UNITS OF SUBSIDIZED HOUSING FOR LOW INCOME ELDERLY OR DISABLED PERSONS. 99590 1 0 0 0 0 0 0 0 1 0 1 0 0 1 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 0 0 1 2 0 1 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 1 1 1 1 0 0 0 0 0 X MARY GILBERTS 6088384000 PO BOX 7354 MADISON WI 53707 X GERALD TRAUT PRESIDENT - PART YEAR 1.00 X X 0 0 0 RICHARD KLEIST VICE PRESIDENT 1.00 X X 0 0 0 KARRIE LANDSVERK SECRETARY/PRESIDENT 1.00 X X 0 0 0 MICHELE ANDERSON DIRECTOR 1.00 X 0 0 0 JEFF BECKER DIRECTOR 1.00 X 0 0 0 STAN STOFFLET DIRECTOR 1.00 X 0 0 0 MARY GILBERTS MANAGER 10.00 X 0 0 0 0 0 0 0 0 0 0 0 RESIDENT INCOME 531110 131714 131714 131714 8 8 LAUNDRY INCOME 531110 1562 1562 1562 133284 133276 0 8 36640 19340 17300 12480 12480 17141 17141 4032 4032 25200 25200 34258 34258 REPAIRS AND MAINTENANCE 10606 10606 TAXES AND INSURANCE 8966 6817 2149 SNOW REMOVAL 1774 1774 GARBAGE AND TRASH REMOV 1595 1595 401 401 153093 99590 53503 0 3159 8013 441 76 132 120 1358403 818048 572689 540355 83319 91535 659740 640099 6515 6341 159 511 7837 7827 14511 14679 X 96622 109243 548607 516177 645229 625420 659740 640099 -19809 0 X X 0 1 X 1 1 1 X 36102 36102 36102 36102 36102 25 8 7 8 8 56 36158 590290 0.99850 0.99840 X 0 1 X 53899 53899 1186348 721552 464796 78768 57108 21660 39388 39388 0 540355 TENANT SECURITY DEPOSITS 8636 RESERVE FOR REPLACEMENTS 69361 RESIDUAL RECEIPTS 13538 91535 X 133284 0 133284 0 133284 153093 0 153093 0 153093 PART IV, LINE 2B: AN ESCROW ACCOUNT IS MAINTAINED FOR TENANT SECURITY DEPOSITS. THE RIO HOUSING ASSOCIATION HAS CONTROL OVER THE BANK ACCOUNT PART X, LINE 2: INCOME TAXES NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE PROJECT IS A NONPROFIT CORPORATION AND, THEREFORE, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE PROJECT IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE PROJECT QUALIFY AS A CHARITABLE DEDUCTION BY THE CONTRIBUTOR. THE PROJECT'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES IN ACCORDANCE WITH PRESCRIBED STATUTES. THE PROJECT HAS NOT BEEN EXAMINED FOR ANY OPEN YEARS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION PAID ACCORD PROPERTY MANAGEMENT $12,480 TO MANAGE THE DAY TO DAY ACTIVITIES OF THE ORGANIZATION. THE ORGANIZATION MONITORS THE ACTIVITIES OF THE MANAGEMENT COMPANY AT IT'S REGULAR MEETINGS. FORM 990, PART VI, SECTION A, LINE 8B THE RIO HOUSING ASSOCIATION HAS NO COMMITTEES FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S PRESIDENT FOR REVIEW PRIOR TO FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE EXPECTED TO DISCLOSE CONFLICTS OF INTEREST. THE BOARD WOULD THEN REVIEW SAID CONFLICT OF INTEREST AT A BOARD MEETING AND COME TO AN AGREEMENT AS TO WHETHER AN INDIVIDUAL SHOULD STEP DOWN OR NOT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS 990 AND GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.