2024-06-06T08:00:00-05:00 2023-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2023-01-01 421390985 FIVE SEASONS SENIOR HOUSING FIVE 8167793131 1225 42ND ST SE CEDAR RAPIDS IA 52403 TERRY STEINBACH PRESIDENT 8167793131 2024-05-29 1 TERRY STEINBACH 999009999 0 SAMUEL T BOERMA P00614373 8506500125 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z TERRY STEINBACH 1225 42ND ST SE CEDAR RAPIDS IA 52403 388006 0 X N/A X 1992 IA TO PROVIDE QUALITY LIVING FOR LOW-INCOME SENIOR CITIZENS. 7 7 0 10 0 0 0 0 352704 382207 63 5799 0 0 352767 388006 0 0 0 0 91877 100802 0 0 0 312688 355066 404565 455868 -51798 -67862 1522724 1457334 29672 32144 1493052 1425190 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED 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 385410 382207 THE ORGANIZATION PROVIDES 54 UNITS OF AFFORDABLE QUALITY LIVING FOR THE ELDERLY. 20185 PROVIDE SERVICES TO ENHANCE THE QUALITY OF LIVING OF THE RESIDENTS. 405595 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 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 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 TERRY STEINBACH PRESIDENT 0.50 X X 0 0 0 GARY PRIBYL VICE PRESIDENT 0.50 X X 0 0 0 GREG CHRISTENSEN TREASURER 0.50 X X 0 0 0 JACK ROEDER SECRETARY 0.50 X X 0 0 0 PHIL HERSHNER DIRECTOR 0.50 X 0 0 0 BRIAN FRANZ DIRECTOR 0.50 X 0 0 0 RANDY RAY DIRECTOR 0.50 X 0 0 0 JEAN HEESE DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 RENT REVENUE 531110 378532 378532 LAUNDRY & VENDING 531110 3675 3675 382207 5799 5799 388006 382207 0 5799 83953 83953 8520 8520 8329 8329 32290 32290 14371 14371 676 676 13740 13740 6148 6148 68881 68881 669 669 163 163 97273 97273 15925 15925 REPAIRS & MAINTENANCE 79296 79296 ELDERLY CARE SERVICES 20185 20185 MISCELLANEOUS ADMINISTR 2780 2780 MISCELLANEOUS TAXES, LI 1116 1116 1553 1553 455868 405595 50273 0 14736 10489 1220 446 3601 4028 3277126 2103670 1218415 1173456 284752 268915 1522724 1457334 10675 12786 451 1464 18546 17894 29672 32144 X -1260248 -1328110 2753300 2753300 1493052 1425190 1522724 1457334 -67862 0 X 0 1 X 0 1 1 X 341489 345871 343620 352704 382207 1765891 341489 345871 343620 352704 382207 1765891 0 0 0 1765891 16 22 25 63 5799 5925 16 22 25 63 5799 5925 341505 345893 343645 352767 388006 1771816 0.99670 0.99990 0.00330 0.00010 X 111827 111827 2902520 1969182 933338 188913 96883 92030 73866 37605 36261 1173456 TENANT SECURITY DEPOSITS 20630 REPLACEMENT RESERVE 234777 RESIDUAL RECEIPTS 13508 268915 TENANT SECURITY DEPOSITS 17894 17894 X 388006 0 388006 0 388006 455868 0 455868 0 455868 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 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 B, LINE 11B THIS 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 FIVE SEASONS SENIOR HOUSING MAKES IT 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.