2025-04-04T17:42:16-05:00 2024-12-31 460403496 CASEY PETERSON LTD 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 990 2024-01-01 460386021 HERITAGE ACRES INC HERI 6057200697 2340 EAST AVENUE STURGIS SD 57785 JANINE SHORT PRESIDENT 6057200697 2025-04-04 1 1 KAYLA GIESEY CPA P01874520 6053481930 2025-04-04 2024 2025-03-06 01:10:19Z JANINE SHORT 2340 EAST AVENUE STURGIS SD 57785 999683 0 X N/A X 1985 SD THE PROVISION OF LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS WITH THE RENT BASED ON TENANT INCOME. 4 4 0 2 0 0 41614 41824 895830 941223 12299 16636 0 0 949743 999683 0 0 0 0 0 0 0 0 0 1129056 1168380 1129056 1168380 -179313 -168697 5760200 5528369 6018375 6035216 -258175 -506847 THE PROVISION OF LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS WITH THE RENT BASED ON TENANT INCOME. 0 0 1006908 941223 HERITAGE ACRES, INC. PROVIDED 106 UNITS OF LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS WITH THE RENT BASED ON TENANT INCOME. 1006908 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 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 1 1 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X METRO PLAINS MANAGEMENT 7016624776 223 4TH AVE NE STE A DEVILS LAKE ND 583013019 X JANINE SHORT PRESIDENT 2.00 X X 0 0 0 JEREMY VLEIM VICE PRESIDENT 2.00 X X 0 0 0 BRYAN HENCKE SECRETARY-TREASURER 2.00 X X 0 0 0 MARK SCHULTE MEMBER 1.00 X 0 0 0 RACHEL HILPERT SECRETARY-TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 METROPLAINS MANAGEMENT PO BOX 910 DEVILS LAKE ND 58301 MANAGEMENT FEES AND PAYROLL REIMBURSEMEN 300743 1 41824 41824 SUBSIDIZED RENT 531110 941223 941223 941223 16636 16636 999683 941223 0 16636 221250 112507 108743 29736 29736 3770 3770 6198 6198 335201 331303 3898 1592 1592 119244 117857 1387 276737 273519 3218 45748 45216 532 REPAIRS AND MAINTENANCE 103048 103048 CAPITAL EXPENDITURES 19548 19548 MISCELLANEOUS EXPENSE 3910 3910 LICENSES AND FEES 2398 2398 1168380 1006908 161472 0 120834 162358 690413 662242 22840 22780 45321 83113 6799580 3410987 3591534 3388593 1289258 1209283 5760200 5528369 163592 203706 5704787 5645258 149996 186252 6018375 6035216 X -258175 -506847 -258175 -506847 5760200 5528369 -168697 -79975 0 X X 0 1 X 1 1 1 X 38594 37495 35323 41614 41824 194850 753012 767104 855870 895830 941223 4213039 36579 0 0 0 0 36579 828185 804599 891193 937444 983047 4444468 0 0 0 4444468 117 65 1409 12687 16636 30914 117 65 1409 12687 16636 30914 828302 804664 892602 950131 999683 4475382 0.99310 0.99670 0.00690 0.00330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 140800 140800 5058576 2700215 2358361 448318 301192 147126 1012375 345636 666739 139511 63944 75567 3388593 1209283 C 1209283 DEFERRED INTEREST 186252 186252 X 919708 -79975 -79975 999683 0 999683 1168380 0 1168380 0 1168380 PART X, LINE 2: AS OF DECEMBER 31, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2021. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAS CONTRACTED WITH METRO PLAINS MANAGEMENT TO PROVIDE MANAGEMENT SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PROVIDED TO THE BOARD PRESIDENT BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR HERITAGE ACRES III LP 2340 EAST AVENUE STURGIS SD 57785 411884408 LOW INCOME HOUSING SD HERITAGE ACRES INC RELATED -39174 181842 0 1 0.99000 HERITAGE ACRES IV LP 2340 EAST AVENUE STURGIS SD 57785 261875562 LOW INCOME HOUSING SD HERITAGE ACRES INC RELATED -40801 1027441 0 1 0.99900 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0