2024-11-14T17:40:02-05:00 2024-06-30 814693463 IRON CREEK TAX & CONSULTING 6650 SW REDWOOD LN STE 210 PORTLAND OR 97224 990 2023-07-01 412201102 CHEHALEM VALLEY HOUSING CORPORATION CHEH 5036782507 PO BOX 28 MCMINNVILLE OR 97128 KATHY SCHLOTFELDT EXECUTIVE DIRECTOR 5034762811 2024-11-14 true false LAURA S BAKER P01289626 5034431040 2024-11-14 2023 2024-10-15 13:58:12Z KATHY SCHLOTFELDT PO BOX 28 MCMINNVILLE OR 97128 102289 false X X 2006 OR TO ACQUIRE AND OPERATE A 15-UNIT APARTMENT COMPLEX, SPRINGBROOK PLACE, TO PROVIDE LOW-INCOME HOUSING AND SERVICES FOR PERSONS WITH VERY LOW INCOME AND DEVELOPMENTAL DISABILITIES. 19 19 0 20 0 49082 47063 50526 55223 2 3 0 99610 102289 0 0 0 0 0 140069 189625 140069 189625 -40459 -87336 1795859 1719525 15004 26006 1780855 1693519 X TO ACQUIRE AND OPERATE A 15-UNIT APARTMENT COMPLEX, SPRINGBROOK PLACE, TO PROVIDE LOW-INCOME HOUSING AND SERVICES FOR PERSONS WITH VERY LOW INCOME AND DEVELOPMENTAL DISABILITIES. false false 189625 55223 CHEHALEM VALLEY HOUSING CORPORATION WAS FORMED TO OPERATE A 15-UNIT APARTMENT COMPLEX, SPRINGBROOK PLACE, FOR PERSONS WITH VERY LOW INCOME AND DEVELOPMENTAL DISABILITIES. 189625 true true false false false false false false false false true false false false true true 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 true false false false true 0 0 true 0 false false false false false false false false false false false false X 19 19 false true false false false false false true true false false true true true true false false false false false OR X CASCADE MANAGEMENT 5036827788 13221 SW 68TH PARKWAY SUITE 310 PORTLAND OR 97223 X DAVE HAUGEBERG PRESIDENT 1.00 X X 0 0 0 ROBERT LAUGHLIN TREASURER 1.00 X X 0 0 0 SCOTT LARSEN VICE PRESIDE 1.00 X X 0 0 0 LU ANN ANDERSON SECRETARY 1.00 X X 0 0 0 JORDAN BEANBLOSSOM DIRECTOR 0.50 X 0 0 0 CHRIS BROWNE DIRECTOR 0.50 X 0 0 0 LUELLA FRITZ DIRECTOR 0.50 X 0 0 0 ADAM GARVIN DIRECTOR 0.50 X 0 0 0 SUE HUWALDT DIRECTOR 0.50 X 0 0 0 DEAN KLAUS DIRECTOR 0.50 X 0 0 0 DIANA LETT DIRECTOR 0.50 X 0 0 0 ROSE LORENZEN DIRECTOR 0.50 X 0 0 0 PAM LUM DIRECTOR 0.50 X 0 0 0 CAROL MCLEOD DIRECTOR 0.50 X 0 0 0 TONY MEEKER DIRECTOR 0.50 X 0 0 0 DAVE MORGAN DIRECTOR 0.50 X 0 0 0 TOM NEAL DIRECTOR 0.50 X 0 0 0 JANET SASAKI DIRECTOR 0.50 X 0 0 0 RON NOBLE DIRECTOR 0.50 X 0 0 0 KATHY SCHLOTFELDT EXECUTIVE DI 2.00 X 0 0 0 false false false 47063 47063 RENT INCOME 531110 55223 55223 55223 3 3 102289 55223 3 11796 11796 8329 8329 997 997 1460 1460 5138 5138 59175 59175 56645 56645 3347 3347 PROPERTY MANAGEMENT LABOR 34931 34931 MISC ADMINISTRATIVE 7807 7807 189625 189625 0 0 15141 1892 1232 398 1312 2620681 959811 1717514 1660870 61972 55053 1795859 1719525 10973 17042 23 121 4008 8843 15004 26006 X -852427 -939763 2633282 2633282 1780855 1693519 1795859 1719525 -87336 X false true X true true true X 50347 56780 53092 49082 47063 256364 50347 56780 53092 49082 47063 256364 256364 9 4 2 2 3 20 256384 227474 0.99990 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 325000 325000 2265787 929917 1335870 29894 29894 1660870 RESIDUAL RECEIPTS PAYABLE TO HUD 5312 TENANT SECURITY DEPOSIT LIABILITY 3531 8843 X 102289 102289 102289 189625 189625 189625 SCHEDULE D, PAGE 3, PART X FEDERAL INCOME TAXES - THE COMPANY IS A NON-PROFIT TAX-EXEMPT CORPORATION UNDER IRC 501(C)(3) FOR FEDERAL PURPOSES, AND AS A NON-PROFIT TAX-EXEMPT CORPORATION IT DOES NOT PAY FEDERAL INCOME TAX. THEREFORE NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT OF THE COMPANY HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMPANY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. THE COMPANY'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2021. FORM 990 - ORGANIZATION'S MISSION TO ACQUIRE AND OPERATE A 15-UNIT APARTMENT COMPLEX, SPRINGBROOK PLACE, TO PROVIDE LOW-INCOME HOUSING AND SERVICES FOR PERSONS WITH VERY LOW INCOME AND DEVELOPMENTAL DISABILITIES. FORM 990, PAGE 6, PART VI, LINE 3 A MEMORANDUM OF UNDERSTANDING WAS ENTERED INTO JANUARY 22, 2019 BETWEEN CHEHALEM VALLEY HOUSING CORP (CVHC) AND MV ADVANCEMENTS(MVA), WHEREBY MVA ASSUMED BOARD GOVERNANCE OF CVHC. A BOARD RESOLUTION INCLUDES KATHY SCHLOTFELDT, EXECUTIVE DIRECTOR OF MVA, AS AUTHORIZED SIGNER FOR CVHC. FORM 990, PAGE 6, PART VI, LINE 11B THE AUDIT COMMITTEE REVIEWS THE AUDIT AND TAX RETURN. A COPY OF EACH IS PROVIDED TO THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C NO CONFLICTS HAVE ARISEN TO THIS DATE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST FROM THE ORGANIZATION. FINANCIAL INFORMATION IS ALSO AVAILABLE FROM THE OREGON DEPARTMENT OF JUSTICE. MV ADVANCEMENTS MV ADVANCEMENTS PO BOX 28 PO BOX 28 MCMINNVILLE OR 97128 930568833 HOUSING OR 501 10 NA false false false false false false false false false false false false false false false false false false false false