2024-08-22T14:00:44-05:00 2023-12-31 420714325 RSM US LLP 6 S PATTERSON BLVD DAYTON OH 45402 990 2023-01-01 311068026 WESTWOOD HOUSING ASSOCIATION INC WEST 9374366865 6430 INNER MISSION WAY DAYTON OH 45459 ROBERT A REICHARD TREASURER 9374366865 2024-08-19 1 1 KAREN O CRIM P00368385 9372980201 2024-08-19 2023 2024-08-08 14:25:15Z JUDY A BUDI 6430 INNER MISSION WAY DAYTON OH 45459 648264 0 X WWW.GRACEWORKS.ORG X 1986 OH OPERATION OF A HOME FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 5 5 0 26 0 0 2188 125 522625 556391 128 567 96614 91181 621555 648264 0 0 0 0 0 0 0 0 0 614498 629990 614498 629990 7057 18274 620642 616055 1597105 1574244 -976463 -958189 OPERATION OF A HOME OF 50 UNITS FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 575565 556391 EXPENSES WERE INCURRED IN THE OPERATION OF A HOME OF 50 UNITS FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 575565 1 0 0 1 0 0 0 0 1 0 1 0 0 0 0 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 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROBERT A REICHARD TREASURER 9374366865 6430 INNER MISSION WAY DAYTON OH 45459 X JUDY A BUDI PRESIDENT 0.05 X X 0 0 0 JENI GRAY BOARD MEMBER 0.05 X 0 0 0 WINNIE JOHNSON BOARD MEMBER 0.05 X 0 0 0 SARAH MURPHY CHAIR 0.05 X 0 0 0 LISA A PARDIECK BOARD MEMBER 0.05 X 0 0 0 JEFFREY STUDEBAKER BOARD MEMBER 0.05 X 0 0 0 JACKIE D'AURORA VP/ASSISTANT SECRETARY 0.05 X 0 0 0 DAWN L BARHORST SECRETARY 0.05 X 0 0 0 ROBERT R REICHARD TREASURER 0.05 X 0 0 0 0 0 0 0 0 0 0 0 125 125 FEES FROM GOVERNMENT 531110 382453 382453 TENANT RENTS 531110 157454 157454 OTHER TENANT REVENUE 531110 16484 16484 556391 567 567 LAUNDRY AND VENDING 812300 2408 2408 88773 88773 91181 648264 556391 0 91748 5305 5305 15038 15038 12918 12918 165914 165914 2153 2153 1890 1890 77805 77805 ADMIN & GENERAL 146011 111929 34082 OPERATING & MAINTENANCE 145245 145245 SERVICE COORDINATOR 57711 57711 629990 575565 54425 0 6977 6018 157822 172668 11322 8441 7434 8491 2458701 2038264 437087 420437 620642 616055 134172 157946 26 4 12302 12907 1450605 1403387 1597105 1574244 X -976463 -958189 -976463 -958189 620642 616055 18274 0 X X 0 1 X 1 1 1 X 392 111 130 2188 125 2946 515548 520881 498239 522625 556391 2613684 515940 520992 498369 524813 556516 2616630 0 0 0 2616630 198 124 81 128 567 1098 198 124 81 128 567 1098 8734 54304 54833 96614 91181 305666 524872 575420 553283 621555 648264 2923394 0.89510 0.90880 0.00040 0.00020 X 0 1 0 0 0 0 1 0 1 40 40 0 PART II-B, LINE 1: THE ORGANIZATION OCCASIONALLY CONTACTS LEGISLATORS ENCOURAGING THEM TO SUPPORT POSITIONS CONSISTENT WITH ITS MISSION AND SERVICE ACTIVITIES. ISSUES CAN INCLUDE MEDICARE AND MEDICAID FUNDING, VARIOUS GOVERNMENT PROGRAM CHANGES, LONG-TERM CARE INSURANCE, ETC. EXPENDITURES FOR LOBBYING ARE VERY SMALL AND IMMATERIAL. THE ORGANIZATION ALSO PAYS DUES TO LEADING AGE. THE PORTION OF THESE DUES ALLOCABLE TO LOBBYING EFFORTS IN 2023 IS $40. 0 1 X 51807 51807 2304153 1955244 348909 91975 80299 11676 10766 2721 8045 420437 X 648264 0 648264 0 648264 629990 0 629990 0 629990 PART IV, LINE 2B: TENANT DEPOSITS HELD IN TRUST: IN ACCORDANCE WITH THE REGULATORY AGREEMENT WITH HUD, THE CORPORATION IS REQUIRED TO MAINTAIN A TENANT SECURITY DEPOSIT TRUST ACCOUNT. THE AMOUNT MUST AT ALL TIMES BE EQUAL TO OR EXCEED THE AGGREGATE OF ALL OUTSTANDING OBLIGATIONS TO TENANTS FOR REFUNDABLE SECURITY DEPOSITS. TENANT SECURITY DEPOSIT FUNDS CONSIST OF CASH. BEGINNING BALANCE $12,302 ADDITIONS DURING THE YEAR 2,869 DISTRIBUTIONS DURING THE YEAR (2,611) INTEREST EARNED DURING THE YEAR 348 ENDING BALANCE $12,907 PART X, LINE 2: INCOME TAX FOOTNOTE FROM THE DECEMBER 31, 2023 AUDITED FINANCIAL STATEMENTS: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, ISSUES IMPACTING THE TAX-EXEMPT STATUS OF THE CORPORATION OR TAX POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME COULD RESULT IN UNCERTAIN TAX POSITIONS. THE CORPORATION DOES NOT RECORD A LIABILITY FOR THE ASSOCIATED TAX BENEFIT OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON TECHNICAL MERITS. AT DECEMBER 31, 2023, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. THE CORPORATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS PRIOR TO 2020. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES BY CONTRACTING WITH AN APPROPRIATELY QUALIFIED AND EXPERIENCED ORGANIZATION TO PROVIDE MANAGEMENT AND ACCOUNTING SERVICES. THESE SERVICES ARE PROVIDED IN COMPLIANCE WITH ALL PERTINENT LAWS, RULES AND REGULATIONS GOVERNING U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AFFORDABLE HOUSING PROGRAMS AS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 3, 2023 THE ARTICLES OF INCORPORATION WERE AMENDED TO STATE THAT THE MEMBERS OF THE CORPORATION ARE NEW HOPE EVANGELICAL LUTHERAN CHURCH (FKA WESTWOOD EVANGELICAL LUTHERAN CHURCH) AND GRACEWORKS LUTHERAN SERVICES (FKA LUTHERAN SOCIAL SERVICES OF THE MIAMI VALLEY). THE NUMBER OF TRUSTEES WAS INCREASED FROM FIVE TO SEVEN. NEW HOPE HAS THE RIGHT TO ELECT THREE OF THE SEVEN TRUSTEES AND GRACEWORKS HAS THE RIGHT TO ELECT FOUR OF THE SEVEN TRUSTEES. IN THE EVENT THAT NEW HOPE SHALL NOT DESIGNATE ONE OR MORE PERSONS TO SERVE ON THE BOARD OF TRUSTEES, GRACEWORKS SHALL HAVE THE RIGHT TO ELECT TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION ARE NEW HOPE EVANGELICAL LUTHERAN CHURCH AND GRACEWORKS LUTHERAN SERVICES. FORM 990, PART VI, SECTION A, LINE 7A NEW HOPE HAS THE RIGHT TO ELECT THREE OF THE SEVEN TRUSTEES AND GRACEWORKS HAS THE RIGHT TO ELECT FOUR OF THE SEVEN TRUSTEES. IN THE EVENT THAT NEW HOPE SHALL NOT DESIGNATE ONE OR MORE PERSONS TO SERVE ON THE BOARD OF TRUSTEES, GRACEWORKS SHALL HAVE THE RIGHT TO ELECT TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B ANNUALLY, THE FORM 990 IS PROVIDED TO THE MANAGEMENT ORGANIZATION'S PRESIDENT, TREASURER, AND OTHER SENIOR STAFF FOR AN IN-DEPTH REVIEW OF THE RETURN PRIOR TO THE TIME OF FILING FORM 990 WITH THE IRS. THE FORM 990 IS ALSO PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY OF THE ORGANIZATION IN AN ANNUAL MEETING PRIOR TO THE TIME OF FILING FORM 990. EACH VOTING MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW AND COMMENT ON THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES SELF-DISCLOSURE OF ANY CONFLICTS OF INTEREST ON AN ON-GOING BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST, AS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 6104(D). FORM 990, PART XII, LINE 2C: NEITHER THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS NOR ITS PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAS CHANGED DURING THE TAX YEAR.