2024-12-18T07:02:39-06:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2023-07-01 391276749 TELOS INC TELO 4143855330 1545 S LAYTON BLVD MILWAUKEE WI 532151924 DANIEL TRETOW TREASURER 4143855330 2024-12-17 1 1 TROY MARINE CPA P00187863 4147775500 2024-12-17 2023 2024-10-15 13:58:12Z SR HELEN BUTZLER 1545 S LAYTON BLVD MILWAUKEE WI 532151924 424958 0 0928 X WWW.STCLAREMGT.ORG X 2000 WI LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES. 11 11 0 3 0 0 0 0 382087 423283 57 157 1044 1518 383188 424958 0 0 0 0 115008 112389 0 0 0 273318 263433 388326 375822 -5138 49136 473040 355018 1381501 1214343 -908461 -859325 LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES. 0 0 350356 423283 TELOS, 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. 350356 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 5 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 SOUTH 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 RENT REVENUE 623990 394150 394150 SERVICE COORDINATOR RE 623990 29133 29133 423283 157 157 LAUNDRY & VENDING REVE 623990 1368 1368 TENANT CHARGES 623990 150 150 1518 424958 423283 0 1675 87698 79945 7753 16557 16557 8134 8134 15659 15659 1043 1043 8308 7348 960 44 44 1852 1852 38136 38136 46184 46184 7985 7985 14690 14690 REPAIR AND MAINTENANCE 112770 112770 MORTGAGE INSURANCE PREM 6912 6912 MISC TAXES, LICENSES & 4138 4138 OTHER OPERATING EXPENSE 3439 3439 2273 1223 1050 375822 350356 25466 0 4341 10320 190088 64677 319 0 1395181 1171808 132094 223373 146198 56648 473040 355018 180153 61731 0 2089 992643 966899 208705 183624 1381501 1214343 X -908461 -859325 -908461 -859325 473040 355018 49136 0 X X 0 1 X 1 1 1 X 367711 379716 355331 382087 423283 1908128 367711 379716 355331 382087 423283 1908128 0 0 0 1908128 64 47 42 57 157 367 64 47 42 57 157 367 2008 1219 1293 1044 1518 7082 369783 380982 356666 383188 424958 1915577 0.99610 0.99560 0.00020 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING MACHINE REVENUE - 2019 AMOUNT: $ 1,802. 2020 AMOUNT: $ 997. 2021 AMOUNT: $ 1,081. 2022 AMOUNT: $ 893. 2023 AMOUNT: $ 1,368. TENANT CHARGES - 2019 AMOUNT: $ 206. 2020 AMOUNT: $ 222. 2021 AMOUNT: $ 212. 2022 AMOUNT: $ 151. 2023 AMOUNT: $ 150. 98108 98108 1297073 1171808 125265 223373 TENANT SECURITY DEPOSITS 6611 ESCROW DEPOSITS 17534 RESERVE FOR REPLACEMENTS 32503 56648 TENANT SECURITY DEPOSITS 6611 ENVIRONMENTAL REMEDIATION LIABILITY 37900 RELATED PARTY PAYABLE 139113 183624 424958 0 424958 0 424958 375822 0 375822 0 375822 FORM 990, PART VI, SECTION A, LINE 6 CLARE TOWERS, INC., TELOS, INC., AND ST CLARE MANGAGEMENT INC. ALL HAVE A TWO-TIERED GOVERNANCE STRUCTURE WITH (CORPORATE) MEMBERS (USP TEAM & TREASURER) AND A BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A SSSF 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 DISPOSITIONS PROPOSED BY THE BOD; AND TO APPROVE ANY CONTRACT UNDERTAKEN WITH A MANAGEMENT FIRM FOR GENERAL ADMINISTRATION OR FULL OPERATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B 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 UPON REQUEST OR ON THE MANAGEMENT COMPANY WEBSITE AT WWW.STCLAREPROPERTIES.COM FORM 990, PART XI, LINE 2C: NO CHANGES WERE 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 CLARE TOWERS INC 1545 S LAYTON BLVD MILWAUKEE WI 532151924 391356305 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 37869 FMV ST CLARE MANAGEMENT M 15659 FMV