2024-11-08T10:46:56-06:00 2023-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2023-01-01 010951147 BUILDERS DEVELOPMENT CORPORATION BUIL 8167725787 PO BOX 7037 LEES SUMMIT MO 64064 CHELE THORNTON EXECUTIVE DIRECTOR 8167725787 2024-11-06 1 0 TODD FENTRESS P01242481 6145281440 2024-11-01 2023 2024-10-15 13:58:12Z X CHELE THORNTON PO BOX 7037 LEES SUMMIT MO 64064 925966 0 X N/A X 2005 MO TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING AND REVITALIZE NEIGHBORHOODS THROUGHOUT THE GREATER KANSAS CITY METROPOLITAN AREA AND SURROUNDING COMMUNITIES BY APPLYING INNOVATIVE, ENERGY-EFFICIENT, AND ENTREPRENEURIAL BUSINESS PRINCIPLES AS WELL AS TO WORK COLLABORATIVELY WITH LOCAL CITIES AND THEIR NEIGHBORHOODS, FOR-PROFIT BUILDERS, FOUNDATIONS, AND CORPORATIONS TO LIFT UP LOW-INCOME FAMILIES WHICH ULTIMATELY BENEFITS ALL IN THE GREATER KANSAS CITY AREA AND SURROUNDING COMMUNITIES. 3 3 1 7 0 0 56169 43802 0 0 0 0 233987 882164 290156 925966 0 0 0 0 127058 65501 0 0 0 393376 410566 520434 476067 -230278 449899 4531219 4885164 2319849 2221921 2211370 2663243 X TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING AND REVITALIZE NEIGHBORHOODS THROUGHOUT THE GREATER KANSAS CITY METROPOLITAN AREA AND SURROUNDING COMMUNITIES BY APPLYING INNOVATIVE, ENERGY-EFFICIENT, AND ENTREPRENEURIAL BUSINESS PRINCIPLES AS WELL AS TO WORK COLLABORATIVELY WITH LOCAL CITIES AND THEIR NEIGHBORHOODS, FOR-PROFIT BUILDERS, FOUNDATIONS, AND CORPORATIONS TO LIFT UP LOW-INCOME FAMILIES WHICH ULTIMATELY BENEFITS ALL IN THE GREATER KANSAS CITY AREA AND SURROUNDING COMMUNITIES. 0 0 450275 882164 TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING AND REVITALIZE NEIGHBORHOODS THROUGHOUT THE GREATER KANSAS CITY METROPOLITAN AREA AND SURROUNDING COMMUNITIES BY APPLYING INNOVATIVE, ENERGY-EFFICIENT, AND ENTREPRENEURIAL BUSINESS PRINCIPLES AS WELL AS TO WORK COLLABORATIVELY WITH LOCAL CITIES AND THEIR NEIGHBORHOODS, FOR-PROFIT BUILDERS, FOUNDATIONS, AND CORPORATIONS TO LIFT UP LOW-INCOME FAMILIES WHICH ULTIMATELY BENEFITS ALL IN THE GREATER KANSAS CITY AREA AND SURROUNDING COMMUNITIES. 450275 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 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 1 1 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X CHELE THORNTON 8167332240 PO BOX 7037 LEES SUMMIT MO 64064 TOM WOODS BOARD CHAIR (THRU 6/14/23) 0.00 1.00 X X 0 0 0 BOB FROST BOARD VICE PRESIDENT (THRU 6/14/23) 0.00 1.00 X X 0 0 0 MARK HOFFMAN SECRETARY-TREASURER (THRU 6/14/23) 0.00 1.00 X X 0 0 0 MIGUEL CERVANTES BOARD MEMBER (THRU 6/14/23) 0.00 1.00 X 0 0 0 STEVE LECLERE BOARD MEMBER (EFF 6/14/23) 0.00 1.00 X 0 0 0 ERIC MCMAHON BOARD MEMBER (EFF 6/14/23) 0.00 1.00 X 0 0 0 MATT WATKINS BOARD MEMBER (EFF 6/14/23) 0.00 1.00 X 0 0 0 CHELE THORNTON EXECUTIVE DIRECTOR 2.00 1.00 X 62735 0 0 62735 0 0 0 0 0 0 0 43802 43802 200090 0 200090 200090 200090 DEVELOPMENT AND BUILDE 531390 652315 652315 MISCELLANEOUS INCOME 900099 29759 29759 682074 925966 882164 0 0 62736 50815 11921 2765 2240 525 53811 43587 10224 3440 2786 654 14943 14088 855 526 426 100 48336 48336 137335 137335 24738 23914 824 FORGIVENESS OF MORTGAGE 43802 43802 OPERATING & MAINTENANCE 43227 43227 GENERAL & ADMINISTRATIV 38062 37819 243 DEVELOPMENT COSTS 2346 1900 446 476067 450275 25792 0 193256 110185 78936 51337 344631 306171 2205 2245 3609004 687995 3049220 2921009 862971 1494217 4531219 4885164 40897 42964 166552 122750 2112400 2056207 2319849 2221921 X 2211370 2663243 2211370 2663243 4531219 4885164 X 449899 1974 X X 0 1 X 1 0 X 1636049 398937 172191 56169 43802 2307148 1636049 398937 172191 56169 43802 2307148 2307148 2307148 5548879 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145000 145000 3222139 549617 2672522 97475 92620 4855 144390 45758 98632 2921009 DEVELOPER FEE RECEIVABLE 1437279 RESTRICTED DEPOSITS AND FUNDED RESERVES 56938 1494217 X PART X, LINE 2: BDC HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS DETERMINED IT DOES NOT HAVE UNRELATED BUSINESS INCOME SUBJECT TO TAXATION. RSRGP, GRANT PRAIRIE MANAGER, SW KANSAS HOUSING MANAGER AND RED OAK PARTNERS GP ARE LIMITED LIABILITY COMPANIES THAT HAVE ELECTED TO BE TREATED AS A PASS-THROUGH ENTITIES FOR INCOME TAX PURPOSES AND, AS SUCH, ARE NOT SUBJECT TO INCOME TAXES AND ALL ITEMS OF TAXABLE INCOME, DEDUCTIONS AND TAX CREDITS ARE PASSED THROUGH TO AND ARE REPORTED BY ITS OWNERS ON THEIR RESPECTIVE INCOME TAX RETURNS. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURNS ARE REVIEWED FOR RESONABLENESS BY THE BOARD BEFORE APPROVING THE RETURN FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C PROCEDURES ARE IN PLACE FOR PERIODIC REVIEWS TO ENSURE THAT THE CORPORATION IS BEING OPERATED IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT CORPORATE OFFICES. FORM 990, PART XI, LINE 9: DISTRIBUTION 1,974. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS, AND IS INVOLVED IN THE SELECTION OF THE INDEPENDENT ACCOUNTANT WHICH PERFORMS THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRANT PRAIRIE BUILDERS LLC 600 E 103RD STE 200 KANSAS CITY MO 64131 811544028 MOD INCOME RENTAL STRUCTURE MO -53 734840 BUILDERS DEVELOPMENT CORPORATION GRANT PRAIRIE TOWNHOMES I 600 E 103RD STE 200 KANSAS CITY MO 64131 RENTAL REAL ESTATE MO -10833 766811 BUILDERS DEVELOPMENT CORPORATION GRANT PRAIRIE TOWNHOMES III 600 E 103RD STE 200 KANSAS CITY MO 64131 RENTAL REAL ESTATE MO -83744 2467084 BUILDERS DEVELOPMENT CORPORATION SW KANSAS HOUSING LLC 600 EAST 103RD STREET SUITE 200 KANSAS CITY MO 64131 833629806 RENTAL REAL ESTATE MO N/A 0 1 GRANT PRAIRIE TOWNHOMES II LLC 600 EAST 103RD STREET SUITE 200 KANSAS CITY MO 64131 475179070 RENTAL REAL ESTATE MO N/A 0 1 RVSR LLC 770 E 5TH STREET KANSAS CITY MO 64131 800821638 RENTAL REAL ESTATE MO BUILDERS DEVELOPMENT CORPORATION RELATED 786 0 0 0.51000 RIVERVIEW SENIOR DEVELOPERS LP 600 EAST 103RD STREET SUITE 200 KANSAS CITY MO 64131 461213352 RENTAL REAL ESTATE MO N/A 0 1 RED OAK PARTNERS LLC 600 EAST 103RD STREET SUITE 200 KANSAS CITY MO 64131 832231559 RENTAL REAL ESTATE MO N/A 0 1 RSRGP LLC 600 E 103RD STREET SUITE 200 KANSAS CITY MO 64131 461104613 REAL ESTATE INVESTMENT MO BUILDERS DEVELOPMENT CORPORATION C -9 215581 0.51000 0 GRANT PRAIRIE MANAGER LLC 600 E 103RD STREET SUITE 200 KANSAS CITY MO 64131 475676235 REAL ESTATE INVESTMENT MO BUILDERS DEVELOPMENT CORPORATION C -1979 32035 1.00000 0 SW KANSAS HOUSING MANAGER LLC 600 E 103RD STREET SUITE 200 KANSAS CITY MO 64131 833641514 REAL ESTATE INVESTMENT MO BUILDERS DEVELOPMENT CORPORATION C -14 690314 1.00000 0 RED OAK PARTNERS GP LLC 600 E 103RD STREET SUITE 200 KANSAS CITY MO 64131 832252748 REAL ESTATE INVESTMENT MO BUILDERS DEVELOPMENT CORPORATION C 2684812 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GRANT PRAIRIE MANAGER LLC D 317212 COST SW KANSAS HOUSING MANAGER D 1958119 COST