2024-11-14T14:05:02-06:00 2023-12-31 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2023-01-01 431611669 RISE COMMUNITY DEVELOPMENT RISE 3142319400 1627 WASHINGTON AVENUE SAINT LOUIS MO 63103 COLLEEN HAFNER PRESIDENT 3142319400 2024-11-14 1 1 KIMBERLY A RYAN P00829977 3142903300 2023 2024-10-15 13:58:12Z COLLEEN HAFNER 1627 WASHINGTON AVENUE SAINT LOUIS MO 63103 1152777 0 X WWW.RISESTL.ORG X 1992 MO DEVELOPING AND STRENGTHENING COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES. 23 23 0 48 0 0 218052 767078 350820 327880 0 40750 10000 17069 578872 1152777 0 0 0 0 1264489 1369908 0 0 153572 401811 1137263 1666300 2507171 -1087428 -1354394 195894 2087992 1211277 4696869 -1015383 -2608877 X RISE PARTNERS WITH COMMUNITIES TO BUILD STRONGER, MORE EQUITABLE ST. LOUIS AREA NEIGHBORHOODS. WE REDEVELOP AND STRENGTHEN COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES, CAPACITY-BUILDING AND FINANCING, WITH THE GOAL OF REVITALIZING ST. LOUIS NEIGHBORHOODS. 0 0 427315 226372 AFFORDABLE AND MIXED-INCOME HOUSING/MIXED-USE REAL ESTATE DEVELOPMENT: RISE DEVELOPS AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE PROPERTIES IN HISTORICALLY UNDERINVESTED AREAS OF THE ST. LOUIS REGION. WE ALSO PROVIDE AFFORDABLE HOUSING DEVELOPMENT CONSULTANT SERVICES TO NONPROFIT AND OTHERS PARTNERS ENGAGED IN COMMUNITY DEVELOPMENT IN THE ST. LOUIS METROPOLITAN AREA. THE DEVELOPMENT OF AFFORDABLE AND MARKET-RATE HOUSING IN THESE AREAS ENERGIZES THE LOCAL ECONOMY, REDUCES CRIME, IMPROVES THE COMMUNITY'S QUALITY OF LIFE AND CREATES AN ATMOSPHERE THAT SUPPORTS THE EMOTIONAL AND INTELLECTUAL DEVELOPMENT OF ITS CHILDREN. THROUGH THIS WORK, WE AIM TO INSPIRE CONFIDENCE FOR PRIVATE MARKET FORCES TO THEN FOLLOW WITH FURTHER INVESTMENT. 729032 105122 COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE: RISE'S COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE PROGRAM PROVIDES TECHNICAL ASSISTANCE TO ST. LOUIS AREA COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) TO ENHANCE THEIR STRENGTH AND FOCUS IN NEIGHBORHOODS THAT WANT TO SEE POSITIVE CHANGES. OUR SPECIALIZED AREAS OF TECHNICAL ASSISTANCE INCLUDE: ORGANIZATIONAL ASSESSMENTS, BOARD TRAINING AND DEVELOPMENT, COMMUNITY ASSESSMENTS, ORGANIZATIONAL STRATEGIC PLANNING, ORGANIZATIONAL FINANCIAL MANAGEMENT, RESOURCE DEVELOPMENT, COMMUNITY PLANNING AND ENGAGEMENT, PROJECT PLANNING, PROGRAM PLANNING AND DEVELOPMENT, OUTCOME AND IMPACT MEASUREMENT AND ANALYSIS, HOME AND CDBG TRAINING, CHDO CERTIFICATIONS, AND GIS DATABASES AND MAPPING. 280241 13455 PREDEVELOPMENT LOAN PROGRAM: RISE PROVIDES A SOURCE OF FUNDS FOR NEIGHBORHOOD-BASED NOT-FOR-PROFIT ORGANIZATIONS TO PAY COSTS INCURRED IN THE EARLY STAGES OF THEIR REAL ESTATE DEVELOPMENT PROJECTS WHEN CONVENTIONAL FINANCING WOULD NOT BE ABLE TO BE OBTAINED BY SUCH GROUPS. 279784 ASSET MANAGEMENT: RISE IS THE MANAGING GENERAL PARTNER OF AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE REAL ESTATE INVESTMENT PARTNERSHIPS. RISE OVERSEES A PORTFOLIO OF RESIDENTIAL AND MIXED-USE PROPERTIES THAT ARE DIRECTLY MANAGED ON A DAY TO DAY BASIS BY THIRD PARTY PROPERTY MANAGEMENT FIRMS, WITH THE EXCEPTION OF UNIVERSITY LOFTS IN DOWNTOWN ST. LOUIS, WHICH IS MANAGED DIRECTLY BY RISE. 279784 1716372 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 X 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X COLLEEN HAFNER 3143337000 1627 WASHINGTON AVENUE SAINT LOUIS MO 63103 MARY CAMPBELL CO-CHAIR 2.00 1.00 X X 0 0 0 JONATHAN GOLDSTEIN CO-CHAIR 2.00 X X 0 0 0 W THOMAS REEVES VICE CHAIR 2.00 1.00 X X 0 0 0 DEBRA MOORE EX-OFICIO 2.00 1.00 X X 0 0 0 ANDRE ALEXANDER DIRECTOR 2.00 X 0 0 0 MAURICE ALLEN DIRECTOR 2.00 X 0 0 0 JOHN DUBINSKY DIRECTOR 2.00 X 0 0 0 TIMOTHY FROELICH DIRECTOR 2.00 X 0 0 0 MICHAEL HOLMES DIRECTOR 2.00 X 0 0 0 ALLAN D IVIE IV DIRECTOR 2.00 X 0 0 0 OPAL JONES DIRECTOR 2.00 X 0 0 0 JENNIFER KELLY-SAEGER DIRECTOR 2.00 X 0 0 0 ABBY KEPPLE DIRECTOR 2.00 X 0 0 0 STEVE KRAMER DIRECTOR 2.00 X 0 0 0 PHIL KRULL DIRECTOR 2.00 X 0 0 0 DAVID C MASON DIRECTOR 2.00 2.00 X 0 0 0 MICHAEL MCMILLAN DIRECTOR 2.00 X 0 0 0 DAVID NOBLE DIRECTOR 2.00 X 0 0 0 TASHA PETTIS-BONDS DIRECTOR 2.00 X 0 0 0 THOMAS J PICKEL DIRECTOR 2.00 X 0 0 0 STEVEN REYNOLDS DIRECTOR 2.00 X 0 0 0 REGINALD SCOTT DIRECTOR 2.00 X 0 0 0 HANRY HANK S WEBBER DIRECTOR 2.00 1.00 X 0 0 0 TERRELL CARTER PRESIDENT & EXEC. DIR. (THRU 11/23) 40.00 2.00 X 139273 0 16029 COLLEEN HAFNER PRESIDENT AND EXECUTIVE DIRECTOR 40.00 2.00 X 75851 0 34580 MARK STROKER VICE PRESIDENT 40.00 2.00 X 104050 0 35841 JASON WARE TREASURER (THRU 7/23) 40.00 2.00 X 70588 0 5022 BRIAN HURD TREASURER 40.00 2.00 X 77154 0 15002 KATHY KINGSBURY SECRETARY 39.00 2.00 X 69382 0 24940 536298 0 131414 2 0 1 0 RUBINBROWN LLP PO BOX 790379 ST LOUIS MO 63179 TAX AND AUDIT PREPARATION 128459 1 500000 267078 767078 REAL EST. DEVELOPMENT 541900 209303 209303 REAL EST. ASSISTANCE 541900 105122 105122 LOAN PROGRAM 541900 13455 13455 327880 40750 40750 17069 17069 17069 1152777 344949 0 40750 667712 279898 310162 77652 493900 469293 15228 9379 22905 20403 2450 52 96621 77751 7690 11180 88770 58712 23249 6809 6227 6227 127668 127668 106763 106763 45576 3313 857 41406 107891 82453 21340 4098 82050 65464 13913 2673 2252 1721 445 86 68579 68579 6244 4772 1235 237 PROGRAM EXPENSES 571083 571083 TAXES AND LICENSES 12930 12930 2507171 1716372 637227 153572 151605 594100 8684 1281 0 703595 35272 35272 0 0 35605 789016 195894 2087992 1099172 1898563 112105 2798306 1211277 4696869 X -1015383 -2608877 -1015383 -2608877 195894 2087992 X -1354394 -363581 124481 X X 0 1 X 1 0 X 403533 446426 571246 218052 767078 2406335 403533 446426 571246 218052 767078 2406335 255103 2151232 2 1 40750 40753 2447088 2280585 0.87910 0.78720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35272 35272 0 0 DUE FROM AFFILIATES 172639 DUE FROM RELATED PARTNERSHIPS 616377 789016 DUE TO AFFILIATES 2790306 DUE TO RELATED PARTIES 8000 2798306 0 0 0 0 0 0 0 0 0 TERRELL CARTER PRESIDENT & EXEC. DIR. (THRU 11/23) 129273 0 10000 0 0 0 7642 0 8387 0 155302 0 0 0 FORM 990, PART V, LINE 2A: RISE HAS ENTERED INTO A RELATIONSHIP WITH SIMPLOY, A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). THEREFORE, RISE DOES NOT FILE FORM W-3 AND NO EMPLOYEES ARE REPORTED DIRECTLY BY RISE. THE PEO FILED ON BEHALF OF 14 RISE EMPLOYEES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO FILING. A DRAFT OF THE FORM 990 IS ALSO DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY WHEREIN THEY DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THESE FORMS ARE THEN REVIEWED BY THE PRESIDENT AS WELL AS DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR INFORMS THE EXECUTIVE COMMITTEE OF THE RAISE PERCENTAGES FOR ALL EMPLOYEES. THE CFO VERIFIES THESE PERCENTAGES WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 RISE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: NET RECOVERY -WRITE-OFF - DUE TO/DUE FROM BALANCES BETWEEN RELATED ENTITIES 124,481. FORM 990, SCHEDULE R: RISE COMMUNITY DEVELOPMENT (RISE) IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION THAT CARRIES OUT ITS MISSION THROUGH SEVERAL RELATED ENTITIES. TECHNICAL ASSISTANCE CORPORATION (TAC) AND ST. LOUIS PUBLIC DEVELOPMENT CORPORATION I (PDC I) ARE NOT-FOR-PROFIT AFFILIATES. TAC CARRIES OUT ITS ORGANIZATIONAL PURPOSES PRINCIPALLY THROUGH THE OTHER PDC'S LISTED AND EFFECTIVELY CONTROLS THEIR OPERATIONS. THESE PDC'S ARE ORGANIZED UNDER THE MISSOURI NONPROFIT (NONSTOCK) CORPORATION ACT, BUT ARE NOT CLASSIFIED AS TAX EXEMPT UNDER SECTION 501(C)(3). TAC IS ALSO THE SOLE OWNER OF GREATER ST. LOUIS LAND DEVELOPMENT FUND, A MISSOURI FOR-PROFIT CORPORATION. OLD NORTH ST. LOUIS HOMES AND PARK EAST HOMES ARE FOR-PROFIT ENTITIES WHOLLY OWNED BY RISE. ST LOUIS CHESS POCKET PARK LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 COMMUNITY DEVELOPMENT MO 0 0 RISE RISE CDFI LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 COMMUNITY DEVELOPMENT MO 179205 1113053 RISE TECHNICAL ASSISTANCE CORPORATION (TAC) 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431553849 DEVELOPMENT MO 501(C)(3) LINE 12A, I RISE 1 ST LOUIS PUBLIC DEV CORP I 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431561434 DEVELOPMENT MO 501(C)(3) LINE 12A, I TAC 1 PARK EAST HOMES CORPORATION 1627 WASHINGTON AVENUE ST LOUIS MO 63103 DEVELOPMENT MO 501(C)(3) LINE 12A, I RISE 1 ST LOUIS CHESS POCKET PARK LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 DEVELOPMENT MO 501(C)(3) LINE 12A, I RISE 1 CROWN VILLAGE ASSOCIATES LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 870799303 DEVELOPMENT MO N/A 0 0 CROWN VILLAGE DEVELOPMENT LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 113816440 DEVELOPMENT MO N/A 0 0 OLD NORTH PARK FOREST LLC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 043819222 DEVELOPMENT MO N/A 0 0 UNIVERSITY LOFTS ASSOCIATES LP 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431820798 DEVELOPMENT MO N/A 0 0 DICK GREGORY ASSOCIATES LP 1627 WASHINGTON AVENUE ST LOUIS MO 63103 263252378 DEVELOPMENT MO N/A 0 0 OLD NORTH ST LOUIS HOMES INC 1627 WASHINGTON AVE ST LOUIS MO 63103 412031802 DEVELOPMENT MO RISE C 730000 1.00000 1 PARK EAST HOMES CORPORATION 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431941121 DEVELOPMENT MO RISE C 100222 1.00000 1 ST LOUIS PUBLIC DEV CORP II 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431571194 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP III 1627 WASHINGTON AVENUE ST LOUIS MO 63103 800247101 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP IV 1627 WASHINGTON AVENUE ST LOUIS MO 63103 800471818 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP V 1627 WASHINGTON AVENUE ST LOUIS MO 63103 800501505 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP VI 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431600716 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP VII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431669361 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP VIII (INACTIVE) 1627 WASHINGTON AVENUE ST LOUIS MO 63103 010935618 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP IX 1627 WASHINGTON AVENUE ST LOUIS MO 63103 300766072 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XII (INACTIVE) 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431713140 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XIV 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431733592 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XV 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431807683 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XVI 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431798482 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XVIII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431807685 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XIX 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431854363 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XX 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431903442 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXI 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431903444 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431945442 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXIII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 481281987 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXIV (INACTIVE) 1627 WASHINGTON AVENUE ST LOUIS MO 63103 481281993 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXV 1627 WASHINGTON AVENUE ST LOUIS MO 63103 450508993 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXVI 1627 WASHINGTON AVENUE ST LOUIS MO 63103 871717246 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXVII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 421624115 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXVIII 1627 WASHINGTON AVENUE ST LOUIS MO 63103 450538352 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XXIX 1627 WASHINGTON AVENUE ST LOUIS MO 63103 331091707 DEVELOPMENT MO N/A C 0 PDC COMMERCIAL INC 1627 WASHINGTON AVENUE ST LOUIS MO 63103 261455861 DEVELOPMENT MO N/A C 0 ST LOUIS PUBLIC DEV CORP XI 1627 WASHINGTON AVENUE ST LOUIS MO 63103 431699378 DEVELOPMENT MO N/A C 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0