2024-05-14T16:36:09-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 426267517 Area Residential Care Foundation AREA 5635567560 3355 Kennedy Circle Dubuque IA 52002 Susan Freeman-Murdah Executive Director 5635567560 2024-05-14 1 Susan Freeman-Murdah 999009999 1 Kim Hunwardsen CPA P00484560 6122536500 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Susan Freeman-Murdah 3355 Kennedy Circle Dubuque IA 52002 155730 0 X N/A X 1968 IA To provide facilities for persons with intellectual disabilities 6 6 0 6 0 0 0 0 67544 68837 39957 86893 0 0 107501 155730 0 0 0 0 0 0 0 0 0 2235 5654 2235 5654 105266 150076 3940188 4297749 4230 4880 3935958 4292869 To provide facilities for persons with intellectual disabilities 0 0 5654 68837 To provide facilities for the operation and housing of programs related to the welfare of person with intellectual disabilities. Area Residential Care Foundation owns multiple locations that Area Residential Care, Inc. utilizes for services to individuals with disabilities. 5654 1 0 0 0 0 0 0 0 1 0 1 0 0 0 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 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 1 1 X Tammy Hendricks 5635567560 3355 Kennedy Circle Dubuque IA 52002 Kevin Stevens President 0.10 0.30 X X 0 0 0 Guy Gard Vice President 0.10 0.30 X X 0 0 0 Duane Frick Treasurer 0.10 0.00 X X 0 0 0 Charles Davis Member 0.10 0.30 X 0 0 0 Marvin Mulert Member 0.10 0.30 X 0 0 0 Larry Vogt Member since Dec. 2022 0.10 0.00 X 0 0 0 Susan Freeman-Murdah Executive Director ARC Inc 0.10 40.00 X 0 93799 12149 Tammy Hendricks Finance Director ARC Inc. 0.10 40.00 X 0 84590 9190 0 178389 21339 0 0 0 0 0 Rental income 531120 68837 68837 68837 86893 86893 155730 68837 0 86893 9315 9315 Allocated ARC Expenses -3661 -3661 5654 5654 0 0 474088 86984 3540907 2620377 259513 920530 2994636 3078284 211951 211951 3940188 4297749 4230 4880 4230 4880 X 3935958 4292869 3935958 4292869 3940188 4297749 150076 206835 0 X X 0 1 X 1 0 X X 1 Area Residential Care Inc 420936800 10 1 0 5654 1 0 5654 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 Schedule A, Section D, Line 3 The Executive Director and Finance Director of Area Residential Care, Inc. are also officers of Area Residential Care Foundation. Four of the six board members of Area Residential Care Foundation are also board members of Area Residential Care, Inc.; therefore, the officers and board members maintain a close and continuous working relationship. Because of the above factors, Area Residential Care, Inc. has a significant voice in Area Residential Care Foundation's investment policies and other use of income and assets. Schedule A, Section E, Line 2a Area Residential Care Foundation provides facilities for the operation and housing of programs at Area Residential Care, Inc. related to the welfare of persons with intellectual disabilities. Area Residential Care Foundation owns multiple locations that Area Residential Care, Inc. utilizes for services to individuals with disabilities. Schedule A, Section E, Line 2b If Area Residential Care Foundation no longer provided the facilities for persons with disabilities Area Residential Care would need to take over the facilities for the operation and housing of their programs to these individuals. 0 1 X 258529 258529 2690640 2542935 147705 232980 77442 155538 358758 358758 920530 X Part IV, Line 2b: The organization holds the monies that are given as security deposits from tenants of the properties owned. The security deposits are collected when tenants move into a property and given back when the tenant's rental period ends. Part X, Line 2: Area Residential Care Foundation 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 entity 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 2 Tammy Hendricks, Susan Freeman-Murdah, Kevin Stevens, Charles Davis, Guy Gard, and Marvin Mulert have business relationships with each other. Form 990, Part VI, Section A, line 8b The Organization does not have committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Due to time constraints, no review was or will be conducted by the Board prior to the filing of the Form 990. Form 990, Part VI, Section B, line 12c Board members and officers are required to sign a conflict of interest policy annually. These are reviewed by the board. If there is a potential or real conflict it is brought to the board's attention. The individual with a conflict is prohibited from directly working with or voting on the matter. Form 990, Part VI, Section B, line 15 Area Residential Care Foundation does not pay compensation. Area Residential Care, Inc., a related organization, uses these methods to determine compensation for the Executive Director and officers. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XII, Line 2C: The Board of Area Residential Care, Inc., a related organization, assumes responsibility for oversight of the audit and selection of an independent accountant. Area Residential Care Inc 3355 Kennedy Circle Dubuque IA 52002 420936800 Provide residential and program services for the mentally handicapped IA 501(c)(3) Line 10 N/A 0 Kennedy Point Limited Partnership 3355 Kennedy Circle Dubuque IA 52002 810580886 Assist with low income residential housing IA Area Residential Care Foundation Related -4 197848 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0