2024-04-19T11:03:20-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 4150 SECOND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2022-10-01 391524307 RIVER TOWN HEIGHTS INC RIVE 7154830556 201 S ADAMS ST ST CROIX FALLS WI 54024 DAVE DOBOSENSKI PRESIDENT 7154830556 2024-04-16 1 DAVE DOBOSENSKI 999009999 0 NICOLE FOLKERTS CPA P01677599 3202035500 2024-03-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVE DOBOSENSKI 201 S ADAM ST ST CROIX FALLS WI 54024 286040 0 X N/A X 1986 WI TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 5 5 0 5 0 0 0 0 276726 286011 30 29 0 0 276756 286040 0 0 0 0 74775 75153 0 0 0 202626 174927 277401 250080 -645 35960 418236 400139 296202 242145 122034 157994 TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 0 0 166308 286040 PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS - 25 UNIT APARTMENT BULDINGS. 166308 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 0 1 1 0 0 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 0 1 1 1 1 1 0 0 0 WI X ECUMEN SERVICES INC 6517664300 3530 LEXINGTON AVENUE N SHOREVIEW MN 55126 X DAVE DOBOSENSKI PRESIDENT 1.00 X X 0 0 0 MIKE YOUSO VICE PRESIDENT 0.30 X X 0 0 0 MIKE BUCHITE SECRETARY/TREASURER 0.30 X X 0 0 0 GERI AANONSEN MEMBER 0.30 X 0 0 0 PHIL STRATMOEN MEMBER 0.30 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 532000 284972 284972 TENANT CHARGES 531390 1039 1039 286011 29 29 286040 286040 0 0 63234 20570 42664 3704 1181 2523 2340 254 2086 5875 2492 3383 14503 14503 9168 9168 5912 5627 285 1031 1031 4803 4323 480 4132 3719 413 62974 56677 6297 1 1 129 129 22894 22894 33133 33133 13040 13040 CABLE 2117 2117 BAD DEBT 810 810 RESIDENT CARE SUPPLIES 220 220 PROGRAM 60 60 250080 166308 83772 0 621 11881 870 1275 1098176 772417 350642 325759 66103 61224 418236 400139 11781 10098 898 275046 223376 8477 8671 296202 242145 X 122034 157994 122034 157994 418236 400139 35960 0 X 1 X 0 0 0 X 3254 6285 9539 261607 267283 275721 276726 286011 1367348 264861 273568 275721 276726 286011 1376887 0 44256 43854 42377 33678 33704 197869 44256 43854 42377 33678 33704 197869 1179018 30 7 36 30 29 132 30 7 36 30 29 132 264891 273575 275757 276756 286040 1377019 0.85620 0.84760 0.00010 0.00010 X 52740 52740 940223 693081 247142 94771 74051 20720 10442 5285 5157 325759 TENANT DEPOSITS HELD IN TRUST 9523 RESERVE FOR REPLACEMENTS 44741 RESIDUAL RECEIPTS 6960 61224 TENANT SECURITY DEPOSITS 8671 8671 X 286040 0 286040 0 286040 250080 0 250080 0 250080 PART X, LINE 2: THE PROJECT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE PROJECT WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. FORM 990, PART VI, SECTION A, LINE 3 THE PROJECT IS MANAGED BY ECUMEN SERVICES, INC. UNDER AN AGREEMENT APPROVED BY HUD WHICH PROVIDES FOR A MANAGEMENT FEE OF 5.09% OF GROSS RENTAL RECEIPTS. THE MANAGEMENT FEE IS SUBJECT TO A PER UNIT PER MONTH CAP AS DETERMINED BY HUD. MANAGEMENT FEES INCURRED FOR THE YEAR ENDED SEPTEMBER 30, 2023 WAS $14,503. ECUMEN PERFORMS VARIOUS FUNCTIONS ON BEHALF OF THE PROJECT. AMOUNTS EXPENSED BY THE PROJECT FOR SERVICES PERFORMED BY ECUMEN FOR PAYROLL, INSURANCE, AND OTHER OPERATING EXPENSES AMOUNTED TO $937 FOR THE YEAR ENDED SEPTEMBER 30, 2023. AMOUNTS PAYABLE TO ECUMEN AS OF SEPTEMBER 30, 2023 WERE $633. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B ACCOUNTANTS WITH THE MANAGING AGENT, ECUMEN SERVICES INC, AND THE PRESIDENT REVIEW THE 990 IN DETAIL PRIOR TO IT BEING FILED. ANY QUESTIONS AS A RESULT OF THIS REVIEW ARE RESOLVED PRIOR TO THE 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. MANAGEMENT DETERMINES WHETHER THERE IS A CONFLICT OF INTEREST AND THE BOARD REVIEWS THE CONFLICT TO DETERMINE WHAT RESTRICTIONS APPLY. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ST CROIX VALLEY SUPPORTIVE HOUSING FOR THE ELDERLY INC 408 TOWER ROAD ST CROIX WI 54024 391924250 LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS WI 501(C)(3) LINE 10 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0