2024-12-18T07:04:36-06:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2023-07-01 391356305 CLARE TOWERS INC CLAR 4143855330 1545 S LAYTON BLVD MILWAUKEE WI 53215 DANIEL TRETOW TREASURER 4143855330 2024-12-17 1 1 TROY MARINE CPA P00187863 4147775500 2024-12-17 2023 2024-10-15 13:58:12Z SISTER HELEN BUTZLER 1545 S LAYTON BLVD MILWAUKEE WI 53215 1971651 0 0928 X WWW.STCLAREMGT.ORG X 2000 WI PROVIDE LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES. 11 11 0 11 0 0 0 0 1887062 1955297 323 1096 7351 15258 1894736 1971651 0 0 0 0 711338 587776 0 0 0 1205812 1130842 1917150 1718618 -22414 253033 2011834 2052365 6195912 5983410 -4184078 -3931045 PROVIDE LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES. 0 0 1548281 1955297 CLARE TOWERS, INC. IS A SERVICE CORPORATION FOR THE PURPOSE OF PROVIDING LOW-INCOME HOUSING FACILITIES AND SERVICES FOR PERSONS WITH PHYSICAL DISABILITIES IN COOPERATION WITH WHEDA AND HUD. ST CLARE MANAGEMENT MANAGES EACH BUILDING IN COMPLIANCE WITH THEIR MISSION AND VALUES STATEMENT. 1548281 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 1 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 4143855330 1545 S LAYTON BLVD MILWAUKEE WI 53215 SISTER HELEN BUTZLER PRESIDENT 1.00 1.00 X X 0 0 0 SISTER RUTH ANN IWANSKI SECRETARY 1.00 1.00 X X 0 0 0 DANIEL TRETOW TREASURER 1.00 1.00 X X 0 0 0 BRENT STORK DIRECTOR 1.00 1.00 X 0 0 0 BRIENA JACOBS DIRECTOR 1.00 1.00 X 0 0 0 DR MARGARET REGNER DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL HODAN DIRECTOR 1.00 1.00 X 0 0 0 PAUL ZARLING DIRECTOR 1.00 1.00 X 0 0 0 SISTER JOANNE JULKA DIRECTOR 1.00 1.00 X 0 0 0 SISTER MARY DANIEL DIRECTOR 1.00 1.00 X 0 0 0 SISTER SYLVIA SHELDON DIRECTOR 1.00 1.00 X 0 0 0 MARGARET KIDDER EXECUTIVE DIRECTOR 12.80 27.20 X 0 102413 7938 0 102413 7938 0 0 0 0 0 RENTAL REVENUE 623990 1834496 1834496 SERVICE COORDINATOR RE 623990 120801 120801 1955297 1096 1096 TENANT CHARGES 623990 10150 10150 LAUNDRY & VENDING REVE 623990 5108 5108 15258 1971651 1955297 0 16354 448092 395544 52548 99243 99243 40441 40441 88735 88735 16922 16922 42211 14211 28000 257 257 12052 12052 18651 18651 154280 154280 10891 10891 209504 209504 113061 113061 60473 60473 REPAIR AND MAINTENANCE 375675 375675 BAD DEBT 11599 11599 OUTSIDE CONSULTANTS 9115 9115 MISC. ADMIN. EXPENSES 5267 5267 2149 1352 797 1718618 1548281 170337 0 6684 62726 61258 96634 1298 0 7564216 6394790 1156043 1169426 786551 723579 2011834 2052365 529830 339683 0 5931 5621321 5593197 44761 44599 6195912 5983410 X -4184078 -3931045 -4184078 -3931045 2011834 2052365 253033 0 X X 0 1 X 1 1 1 X 1761855 1795526 1805122 1887062 1955297 9204862 1761855 1795526 1805122 1887062 1955297 9204862 0 0 0 9204862 302 231 194 323 1096 2146 302 231 194 323 1096 2146 7277 7887 7688 7351 15258 45461 1769434 1803644 1813004 1894736 1971651 9252469 0.99490 0.99520 0.00020 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING MACHINE REVENUE - 2019 AMOUNT: $ 6,513. 2020 AMOUNT: $ 6,709. 2021 AMOUNT: $ 7,673. 2022 AMOUNT: $ 5,302. 2023 AMOUNT: $ 5,108. TENANT CHARGES - 2019 AMOUNT: $ 764. 2020 AMOUNT: $ 1,178. 2021 AMOUNT: $ 15. 2022 AMOUNT: $ 2,049. 2023 AMOUNT: $ 10,150. 596876 596876 6967340 6394790 572550 1169426 RESTRICTED DEPOSITS 678426 TENANT SECURITY DEPOSITS 45153 723579 TENANT SECURITY DEPOSITS 44599 44599 1971651 0 1971651 0 1971651 1718618 0 1718618 0 1718618 FORM 990, PART VI, SECTION A, LINE 6 CLARE TOWERS, INC., TELOS, INC., AND ST CLARE MANAGEMENT INC ALL HAVE A TWO-TIERED GOVERNANCE STRUCTURE WITH (CORPORATE) MEMBERS (USP & TREASURER) AND A BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A SCHOOL SISTERS OF ST. FRANCIS APPOINT ALL THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE 'GOVERNANCE' DECISIONS RESERVED TO THE (CORPORATE) MEMBERS ARE LISTED IN ARTICLE II OF EACH ONE'S BYLAWS UNDER POWERS AND DUTIES OF THE (CORPORATE) MEMBERS. THE CORPORATE MEMBERS' RESPONSIBILITIES ARE TO: SAFEGUARD THE PURPOSE OF THE CORPORATION; APPOINT ALL DIRECTORS AND EXTEND TERM LIMITS; APPROVE CHANGES TO THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE CORPORATION; APPROVE THE CORPORATION'S ESTABLISHMENT OF ANOTHER CORPORATION, ENDOWMENT, FOUNDATION OR TRUST AND TO APPROVE THOSE ARTICLES AND BYLAWS; ESTABLISH GUIDELINES AND ANNUALLY APPROVE OPERATING AND CAPITAL BUDGETS OF THE CORPORATION; APPROVE THE AUDITING FIRM AND TO ACCEPT THE AUDIT; APPROVE THE PURCHASE, SALE, LEASE, TRANSFER, OR MORTGAGE OF ANY REAL PROPERTY OF THE CORPORATION; APPROVE ALL DEBT OBLIGATIONS IN EXCESS OF THE THRESHOLD ESTABLISHED; APPROVE ALL MAJOR FUND DRIVES; APPROVE THE MERGER, CONSOLIDATION OR THE DISSOLUTION OF THE CORPORATION AND TO APPROVE THE PLAN FOR SUCH DISPOSTIONS PROPOSED BY THE BOD; AND TO APPROVE ANY CONTRACT UNDERTAKEN WITH A MANAGEMENT FIRM FOR GENERAL ADMINISTRATION OR FULL OPEARATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE WHICH IS APPOINTED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DOES REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. SPECIFICALLY, EACH YEAR ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE POLICY AND A STATEMENT TO COMPLETE, SIGN AND RETURN. A COMMITTEE REVIEWS THE STATEMENTS FOR ANY CONFLICTS AND ADDRESSES ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST OR ON THE MANAGEMENT COMPANY WEBSITE AT WWW.STCLAREPROPERTIES.COM FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR. ST CLARE MANAGEMENT INC 1545 S LAYTON BLVD MILWAUKEE WI 532151924 391644598 PROVIDE MANAGEMENT SERVICES FOR SIX HUD-SUBSIDIZED HOUSING PROJECTS WI 501(C)(3) LINE 10 N/A 0 TELOS INC 1545 S LAYTON BLVD MILWAUKEE WI 532151924 391276749 PROVIDE LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES WI 501(C)(3) LINE 10 N/A 0 CAPRI COMMUNITIES LLC 1545 S LAYTON BLVD MILWAUKEE WI 532151924 391644598 PROVIDE MANAGEMENT SERVICES FOR MULTIPLE SENIOR LIVING COMMUNITITES AND HUDS WI N/A 0 0 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 ST CLARE MANAGEMENT P 239458 FMV ST CLARE MANAGEMENT M 88735 FMV