2024-05-14T10:02:05-05:00 2023-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2023-01-01 391874478 LUTHER KNOLL INC LUTH 8167793131 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 NANCY BEADERSTADT PRESIDENT 8167793131 2024-05-08 1 NANCY BEADERSTADT 999009999 0 SAMUEL T BOERMA P00614373 8506500125 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z NANCY BEADERSTADT 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 314134 0 X N/A X 1996 IA PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME SENIOR CITIZENS. 14 14 0 10 0 0 0 0 274220 310628 32 3506 0 0 274252 314134 0 0 0 0 85479 105353 0 0 0 250077 244413 335556 349766 -61304 -35632 1803737 1749280 64237 45412 1739500 1703868 TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. 0 0 303872 310628 THE ORGANIZATION PROVIDES 46 UNITS OF AFFORDABLE QUALITY HOUSING FOR THE ELDERLY. 303872 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 1 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X YOUNG MANAGEMENT CORPORATION 9139473131 22602 STATE LINE ROAD BUCYRUS KS 66013 X JOYCE MARINACCIO DIRECTOR 0.50 2.00 X X 0 0 0 KIM WILKINS VICE PRESIDENT 0.50 2.00 X X 0 0 0 JOHN NEWMAN TREASURER 0.50 2.00 X X 0 0 0 JERRILEA JAY ELDREDGE DIRECTOR 0.50 2.00 X 0 0 0 KEVIN KREBS DIRECTOR 0.50 2.00 X 0 0 0 NANCY BEADERSTADT PRESIDENT 0.50 2.00 X 0 0 0 JANE ROCK DIRECTOR 0.50 2.00 X 0 0 0 SHARI SCHLEDEWITZ SECRETARY 0.50 2.00 X X 0 0 0 CRAIG SCHLEDEWITZ DIRECTOR 0.50 2.00 X 0 0 0 MIKE WHITEMAN DIRECTOR 0.50 2.00 X 0 0 0 BRENDA SEHMANN DIRECTOR 0.50 2.00 X 0 0 0 ROLLY SEHMANN DIRECTOR 0.50 2.00 X 0 0 0 VIRGINIA HELBLE DIRECTOR 0.50 2.00 X 0 0 0 WYLIE PILLERS DIRECTOR 0.50 2.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 309291 309291 LAUNDRY & VENDING 531110 1337 1337 310628 3506 3506 314134 310628 0 3506 93070 93070 4622 4622 7661 7661 28918 28918 12875 12875 1834 1834 4652 4652 5182 5182 53204 53204 75 75 108 108 76387 76387 20441 20251 190 REPAIRS & MAINTENANCE 36349 36349 MISCELLANEOUS ADMINISTR 3728 3728 MISCELLANEOUS TAXES, LI 660 660 349766 303872 45894 0 1134 2520 310 3099 18939 17943 3275184 1725822 1604249 1549362 179105 176356 1803737 1749280 45976 25758 179 1530 18082 18124 64237 45412 X -1293700 -1329332 3033200 3033200 1739500 1703868 1803737 1749280 -35632 0 X 0 1 X 0 1 1 X 255212 256289 266355 274220 310628 1362704 255212 256289 266355 274220 310628 1362704 0 0 0 1362704 9 10 10 32 3506 3567 9 10 10 32 3506 3567 255221 256299 266365 274252 314134 1366271 0.99740 0.99990 0.00260 0.00010 X 207000 207000 2925033 1609022 1316011 115892 105793 10099 27259 11007 16252 1549362 TENANT SECURITY DEPOSITS 18875 REPLACEMENT RESERVE 149642 RESIDUAL RECEIPTS 7839 176356 TENANT SECURITY DEPOSITS 18124 18124 X 314134 0 314134 0 314134 349766 0 349766 0 349766 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE ORGANIZATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 2 SHARI SCHLEDEWITZ, DIRECTOR, AND CRAIG SCHLEDEWITZ, DIRECTOR, ARE MARRIED. BRENDA SEHMANN, DIRECTOR, AND ROLLY SEHMANN, DIRECTOR, ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO YOUNG MANAGEMENT CORPORATION. THE MANAGEMENT COMPANY SPECIALIZES IN PROVIDING MARKETING, RENTAL, COLLECTIONS, MAINTENANCE AND REPAIR, AS WELL AS OTHER SERVICES FOR HOUSING PROJECTS. FORM 990, PART VI, SECTION A, LINE 6 A MEMBER OF THE CORPORATION IS ANY QUALIFIED CONGREGATION THAT ELECTS TO PARTICIPATE IN CONDUCTING THE AFFAIRS OF THE CORPORATION BY SELECTING AT LEAST ONE (1) VOTING DELEGATE TO REPRESENT SUCH QUALIFIED CONGREGATION IN CONDUCTING THE CORPORATION'S AFFAIRS. SUBJECT TO THE CONDITIONS OF THESE BY-LAWS, A QUALIFIED CONGREGATION MAY SELECT ITS VOTING DELEGATE(S) TO REPRESENT THE QUALIFIED CONGREGATION IN ANY MANNER AS THAT QUALIFIED CONGREGATION DEEMS APPROPRIATE. A QUALIFIED CONGREGATION SHALL NOT BE A MEMBER OF THE CORPORATION UNLESS IT SELECTS ONE OR MORE VOTING DELEGATES TO REPRESENT THE CONGREGATION IN CONDUCTING THE CORPORATION'S AFFAIRS, AND NOTIFIES THE CORPORATION'S BOARD OF SUCH SELECTION AS PROVIDED HEREIN. A QUALIFIED CORPORATION SHALL BE ANY CONGREGATION THAT IS AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA), AND THAT HAS ITS PRINCIPAL PLACE OF WORSHIP SITUATED IN SCOTT COUNTY, IOWA. A QUALIFIED CORPORATION IS ELIGIBLE TO BE A MEMBER OF THE CORPORATION, BUT IS NOT NECESSARILY A MEMBER OF THE CORPORATION. A STATEMENT OF THE NAMES AND ADDRESSES OF THE QUALIFIED CONGREGATIONS, AS TAKEN FROM THE RECORDS OF THE SOUTHEAST IOWA SYNOD OF THE ELCA AS OF THE DATE OF ADOPTION OF THESE BYLAWS. THE STATEMENT SEPARATELY IDENTIFIES QUALIFIED CONGREGATIONS THAT ARE CURRENTLY MEMBERS OF THE CORPORATION AND QUALIFIED CONGREGATIONS THAT ARE NOT MEMBERS OF THE CORPORATION AT THE TIME THESE BY-LAWS ARE ADOPTED. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF EACH CORPORATION SHALL CONSIST OF NOT MORE THAN FIFTEEN (15) DIRECTORS. THE VOTING DELEGATES MAY DETERMINE AND CHANGE THE NUMBER OF DIRECTOR POSITIONS THAT ARE AVAILABLE TO BE FILLED FROM TIME TO TIME. EACH VOTING DELEGATE SHALL BE ENTITLED TO NOMINATE FOR ELECTION, ONE OR MORE PERSONS TO SERVE AS BOARD MEMBER(S) BY SUBMITTING THE NAME(S) AND ADDRESS(ES) OF THE NOMINEE(S) THAT THE VOTING DELEGATE DESIRES TO SERVE ON THE BOARD. A MEMBER CONGREGATION (QUALIFIED CONGREGATION WITH AT LEAST ONE CURRENT VOTING DELEGATE) MAY HAVE MORE THAN ONE BOARD MEMBER, AND CAN NOMINATE MORE THAN ONE PERSON TO SERVE ON THE BOARD. UNTIL CHANGED BY THE VOTING DELEGATES, THE PROJECTS BOARD SHALL HAVE FIFTEEN (15) POSITIONS. IF ONE OR MORE VACANCIES OCCUR, THE PROJECTS BOARD SHALL CONSIST OF THE NUMBER OF ESTABLISHED BOARD POSITIONS LESS THE NUMBER OF VACANCIES UNTIL THE VACANCIES ARE FILLED AS PROVIDED HEREIN. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990, WITH ALL APPLICABLE SCHEDULES, IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD REVIEW THE CONFLICT OF INTEREST POLICY AND PROCUREMENT POLICY, WHICH EXPANDS ON THE CONFLICT OF INTEREST PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 LUTHER KNOLL, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS. LUTHER HEIGHTS INC 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 421389223 HOUSING IA 501(C)(3) LINE 10 N/A 0 LUTHER MANOR OF SCOTT COUNTY INC 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 521059981 HOUSING IA 501(C)(3) LINE 10 N/A 0 LUTHER CREST INC 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 421492887 HOUSING IA 501(C)(3) LINE 10 N/A 0 LUTHER PROPERTIES INC 3118 DEVILS GLEN ROAD BETTENDORF IA 52722 202133544 HOUSING IA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R - ADDITIONAL INFORMATION THE ENTITIES LISTED ON SCHEDULE R ARE RELATED AS THEY EACH HAVE THE SAME BOARD OF DIRECTORS. EACH PROJECT IS RUN INDEPENDENTLY BUT HAVE THE SAME BOARD OVERSIGHT.