2024-07-31T08:55:00-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2022-10-01 391924259 ST CROIX VALLEY SUPPORTIVE HOUSING FOR THE ELDERLY INC STCR 6514656841 204 SOUTH ADAMS ST CROIX WI 54024 JOHN PETRABORG CHAIR 6514970165 2024-07-31 1 1 NICOLE FOLKERTS CPA P01677599 3202035500 2024-07-22 2022 2024-08-08 14:25:15Z JOHN PETRABORG 204 SOUTH ADAMS ST CROIX WI 54024 287131 0 X NA X 1997 WI TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 6 6 3 6 0 0 0 100 266812 286938 114 93 0 0 266926 287131 0 0 0 0 99521 95863 0 0 0 202931 301310 302452 397173 -35526 -110042 1457532 1360362 37060 49932 1420472 1310430 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 0 0 283422 0 286938 PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS - 30 UNIT APARTMENT BUILDING. 283422 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 13 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 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 AVE N SHOREVIEW MN 55126 X DAVE DOBESENSKI PRESIDENT/CEO 1.00 0.00 X X 0 0 0 MIKE YOUSO VICE PRESIDENT - PART YEAR 0.30 0.00 X X 0 0 0 MIKE BUCHITE SECRETARY/ TREASURER - PART YEAR 0.30 0.00 X X 0 0 0 MARCIA KULL SECRETARY 0.30 0.00 X X 0 0 0 SUSAN CROCKETT TREASURER 0.30 0.00 X X 0 0 0 BILL YOUNG DIRECTOR - PART YEAR 0.30 0.00 X 0 0 0 GERI AANONSEN DIRECTOR - PART YEAR 0.30 0.00 X 0 0 0 PHIL STRATMOEN DIRECTOR - PART YEAR 0.30 0.00 X 0 0 0 0 0 0 0 0 0 0 0 100 100 RENTAL INCOME 533110 286626 286626 TENANT CHARGES 533110 312 312 286938 93 93 287131 286938 0 93 81234 25481 55753 4725 1560 3165 4044 521 3523 5860 2671 3189 20000 20000 12687 12687 6436 3934 2502 706 706 4755 4287 468 5610 5049 561 176693 166083 10610 27 27 414 414 6 6 60792 60792 9701 9701 CABLE TV 2386 2386 RESIDENT CARE SUPPLIES 617 617 MINOR EQUIPMENT 480 307 173 397173 283422 113751 0 15383 22588 8 0 10365 11374 2242756 1102835 1193918 1139921 237858 186479 1457532 1360362 25433 27983 4 0 11623 21949 37060 49932 X -513528 -623570 1934000 1934000 1420472 1310430 1457532 1360362 -110042 0 X 0 1 X 1 1 1 X 1322 100 1422 263101 262753 267600 266812 286938 1347204 264423 262753 267600 266812 287038 1348626 0 0 0 1348626 84 42 154 114 93 487 84 42 154 114 93 487 264507 262795 267754 266926 287131 1349113 0.99960 0.99970 0.00040 0.00030 X 51872 51872 2047537 1002745 1044792 126054 88154 37900 17293 11936 5357 1139921 TENANT DEPOSITS HELD IN TRUST 12438 RESERVE FOR REPLACEMENTS 145992 RESIDUAL RECEIPTS 17011 LEASED ASSET 11038 186479 TENANT SECURITY DEPOSITS 10699 ACCRUED LEASE PAYMENTS PAYABLE 11250 21949 X 287131 0 287131 0 287131 397173 0 397173 0 397173 PART X, LINE 2: THE PROJECT IS ORGANIZED AS A WISCONSIN NONPROFIT CORPORATION. THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE PROJECT FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE PROJECT FILES INFORMAITON RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STAUTS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. 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 6.97% OF RENTAL REVENUE COLLECTIONS. 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 AMOUNTED TO $20,000. THE MANAGEMENT AGENT FUNDS CERTAIN OPERATING EXPENSES, INCLUDING CONTRACTED SALARIES AND BENEFITS AND IS SUBSEQUENTLY REIMBURSED. REIMBURSED OPERATING EXPENSES WERE $10,812 FOR THE YEAR ENDED SEPTEMBER 30, 2023. AMOUNTS PAYABLE TO THE MANAGEMENT AGENT FOR MANAGEMENT FEES AND OPERATING EXPENSES WERE $3,012 AS OF SEPTEMBER 30, 2023 AND WERE RECORDED IN ACCOUNTS PAYABLE ON THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 ECUMEN EXPECTS ALL TEAM MEMBERS TO REFRAIN FROM ENGAGING IN ANY REAL OR PERCEIVED CONFLICTS OF INTEREST. EXAMPLES OF CONFLICTS OF INTEREST INCLUDE: OUTSIDE ACTIVITIES: ANY OUTSIDE ACTIVITY BY ANY TEAM MEMBER WHICH MAY BE VIEWED AS COMPETING WITH THE PRODUCTS OR SERVICES USUALLY OFFERED BY ECUMEN. THIS INCLUDES ANY OUTSIDE ACTIVITY WHICH MAY INTERFERE WITH THE OPERATIONS OF ECUMEN OR THE TEAM MEMBER'S LOYALTY TO ECUMEN. OUTSIDE BUSINESS INTERESTS: ANY SITUATION IN WHICH THE TEAM MEMBER MAY OBTAIN PERSONAL GAIN, OR WHICH MAY SERVE AS A DETRIMENT TO ECUMEN, EITHER MONETARILY OR TO ITS PUBLIC IMAGE, THROUGH THE USE OF INFORMATION OR PERSONAL CONTACT USUALLY NOT ATTAINABLE EXCEPT THROUGH EMPLOYMENT WITH ECUMEN. ANY QUESTIONS OR CONCERNS REGARDING POTENTIAL CONFLICTS OF INTEREST SHOULD BE DIRECTED TO SHOREVIEW PEOPLE SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. RIVER TOWN HEIGHTS INC 201 S ADAMS STREET ST CROIX FALLS WI 54024 391524307 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