2024-11-14T18:41:02-06:00 2023-12-31 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2023-01-01 911995485 KULSHAN COMMUNITY LAND TRUST KULS 3606715600 1303 COMMERCIAL STREET 6 BELLINGHAM WA 98225 ROSE LATHROP EXECUTIVE DIR. 3603033382 2024-11-14 1 0 SHAWN D DREIMAN CPA P00380913 3178413393 2024-11-14 2023 2024-10-15 13:58:12Z ROSE LATHROP 1303 COMMERCIAL STREET 6 BELLINGHAM WA 98225 1485141 0 X KULSHANCLT.ORG X 1999 WA KULSHAN COMMUNITY LAND TRUST STRENGTHENS OUR COMMUNITY AND SUPPORTS OUR LOCAL ECONOMY BY PROVIDING SECURE AFFORDABLE ACCESS TO LAND AND HOMEOWNERSHIP FOR HOUSEHOLDS OF MODEST MEANS. 12 12 7 22 0 0 1620832 1167744 134610 220789 1581 15053 32553 69841 1789576 1473427 0 0 0 0 360171 319298 0 0 90977 318444 311334 678615 630632 1110961 842795 9301406 10064197 3761403 3608105 5540003 6456092 KULSHAN COMMUNITY LAND TRUST BUILDS NEW AFFORDABLE HOUSING, REHABILITATES EXISTING HOUSING AND HOLDS LAND IN TRUST TO CREATE PERMANENTLY AFFORDABLE HOUSING AND PROVIDES EDUCATIONAL AND FINANCIAL SERVICES TO PEOPLE OF MODEST MEANS. 0 0 223011 220789 THE ORGANIZATION ASSISTS QUALIFIED FAMILIES WITH THE PURCHASE OF HOUSES AND CONDOMINIUMS IN THE STATE OF WASHINGTON. 223011 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X KULSHAN COMMUNITY LAND TRUST 3606715600 1303 COMMERCIAL STREET BELLINGHAM WA 98225 X JOSH PARRISH TRUSTEE 1.00 X 0 0 0 CATHALINA BARRIL TRUSTEE 1.00 X 0 0 0 ALISON WALKER TRUSTEE 1.00 X 0 0 0 JEFF ASLAN TRUSTEE 1.00 X 0 0 0 DANNE NEILL TRUSTEE 1.00 X 0 0 0 TODD ELSWORTH TRUSTEE 1.00 X 0 0 0 KELCY KING SECRETARY 1.00 X 0 0 0 MICHAEL CHIAVARIO VICE PRESIDENT 1.00 X 0 0 0 EAMONN COLLINS VICE PRESIDENT 1.00 X 0 0 0 SARA YOUNG PRESIDENT 1.00 X 0 0 0 BENJAMIN BUHLER TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 105565 1062179 518 1167744 DEVELOPER FEES 230000 86040 86040 LEASE FEES AND RENTAL 531110 72070 72070 PROGRAM INCOME AND FEE 230000 62679 62679 220789 15053 15053 34601 11714 22887 22887 OTHER INCOME 900099 46954 46954 46954 1473427 220789 0 84894 319298 142806 120520 55972 10000 10000 21646 1800 19846 18589 4911 10309 3369 24258 8400 9858 6000 8933 6203 2021 709 9637 914 4068 4655 32173 27250 4923 1081 1081 35480 35480 BAD DEBT 114756 114756 PROJECT DEVELOPMENT 31825 30727 1098 MISC EXPENSE 3823 2530 1293 OUTREACH AND EVENTS -867 -867 630632 223011 316644 90977 58429 279514 194000 435248 261150 21750 6715 5278 7689 7331 1438 358 114880 126143 8664794 8664793 0 531113 9301406 10064197 159127 228267 3492620 3292696 109656 87142 3761403 3608105 X 5415003 6451092 125000 5000 5540003 6456092 9301406 10064197 842795 73294 0 X 0 1 X 1 1 1 X 160933 190550 431061 1620832 1168262 3571638 160933 190550 431061 1620832 1168262 3571638 3571638 1601 1890 1838 1581 15053 21963 92243 46809 51401 46954 237407 3831008 1130879 0.93230 0.91150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 7689 7331 358 358 CAPITAL ASSETS 8664793 C 8664793 PROPERTY IN DEVELOPMENT 531113 531113 DEPOSITS AND RESERVES 87142 87142 X 1485141 11714 11714 1473427 0 1473427 642346 11714 11714 630632 0 630632 PART X, LINE 2: THE ENTITY ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION.FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 11,714. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 11,714. SPRING SOIREE 15475 15475 3038 400 839 HOUSE PARTY 12063 12063 100 1 7063 7063 500 300 4958 600 979 34601 34601 500 300 7996 1000 1918 11714 22887 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO UPDATE THEIR CONFLICT OF INTEREST INFORMATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 KULSHAN COMMUNITY LAND TRUST MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.