2025-07-15T16:55:38-05:00 2024-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2024-01-01 421149474 ECUMENICAL HOUSING CORPORATION ECUM 8167793131 320 E WASHINGTON STREET IOWA CITY IA 52240 LEE GULLICKSON TREASURER 8167793131 2025-07-01 1 0 SAMUEL T BOERMA P00614373 8506500125 2024 2025-03-06 01:10:19Z HOWARD HORAN 320 E WASHINGTON STREET IOWA CITY IA 52240 1303298 0 X N/A X 1977 IA TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS. 12 12 0 10 0 0 27761 0 1190028 1236973 55058 66325 0 0 1272847 1303298 0 0 0 0 195005 207270 0 0 0 853859 928007 1048864 1135277 223983 168021 4089262 4250594 2848632 2841943 1240630 1408651 PROVIDING ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, EMOTIONAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. 0 0 1002369 1236973 THE ORGANIZATION PROVIDES 81 UNITS OF AFFORDABLE QUALITY HOUSING FOR THE ELDERLY AND HANDICAPPED. 53882 TO PROVIDE SERVICES TO ENHANCE THE QUALITY OF LIVING OF THE RESIDENTS. 1056251 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 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X YOUNG MANAGEMENT CORPORATION 9139473131 22602 STATE LINE ROAD BUCYRUS KS 66013 X HOWARD HORAN PRESIDENT 0.50 X X 0 0 0 CHARLES PLATZ VICE PRESIDENT 0.50 X X 0 0 0 SUE DAYTON SECRETARY 0.50 X X 0 0 0 LEE GULLICKSON TREASURER 0.50 X X 0 0 0 REV JILL MICHEL DIRECTOR 0.50 X 0 0 0 DENNIS BOELK DIRECTOR 0.50 X 0 0 0 NANCY WEBER DIRECTOR 0.50 X 0 0 0 GRACE JOCHIMSEN DIRECTOR 0.50 X 0 0 0 BARBARA SMITH DIRECTOR 0.50 X 0 0 0 DENISE REHMKE DIRECTOR 0.50 X 0 0 0 MARGARET HEIDGER DIRECTOR 0.50 X 0 0 0 ROSIE HOCHSTETLER DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 1232744 1232744 LAUNDRY & VENDING 531110 4229 4229 1236973 66325 66325 1303298 1236973 0 66325 179094 179094 9011 9011 19165 19165 48347 48347 16616 16616 870 870 29191 29191 6983 6983 173576 173576 117 117 143479 143479 161130 161130 40065 40065 REPAIRS & MAINTENANCE 161170 161170 HUD RECAPTURE OF RESIDU 70838 70838 SERVICE COORDINATOR 53882 53882 MISCELLANEOUS ADMINISTR 13946 13946 7797 7797 1135277 1056251 79026 0 123910 158846 114668 111246 69836 72426 16077 19404 8429505 5939470 2562075 2490035 69163 65320 1133533 1333317 4089262 4250594 77109 78995 1205 3115 2496283 2414977 274035 344856 2848632 2841943 X 1235630 1403651 5000 5000 1240630 1408651 4089262 4250594 168021 0 X 0 1 X 0 1 1 X 33429 27060 14112 27761 102362 1014787 1035424 1156345 1190028 1236973 5633557 1048216 1062484 1170457 1217789 1236973 5735919 0 0 0 5735919 2896 2148 12018 55058 66325 138445 2896 2148 12018 55058 66325 138445 1051112 1064632 1182475 1272847 1303298 5874364 0.97640 0.98370 0.02360 0.01630 X 92190 92190 7890277 5556818 2333459 374720 337951 36769 72318 44701 27617 2490035 TENANT SECURITY DEPOSITS 37715 ESCROW DEPOSITS 28660 REPLACEMENT RESERVE 491290 DEBT SERVICE RESERVE 497711 RESIDUAL RECEIPTS 277941 1333317 TENANT SECURITY DEPOSITS 29959 RECAPTURE OF RESIDUAL RECEIPTS 314897 344856 X 1303298 0 1303298 0 1303298 1135277 0 1135277 0 1135277 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE ORGANIZATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO YOUNG MANAGEMENT CORPORATION. THE MANAGEMENT COMPANY SPECIALIZES IN PROVIDING MARKETING, RENTAL, COLLECTIONS, MAINTENANCE AND REPAIR, AS WELL AS OTHER SERVICES FOR HOUSING PROJECTS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP SHALL BE COMPOSED OF REPRESENTATIVES OF ORGANIZATIONS LOCATED IN JOHNSON COUNTY, IOWA. FORM 990, PART VI, SECTION A, LINE 7A EACH ORGANIZATION QUALIFYING TO HAVE REPRESENTATIVES ON THE MEMBERSHIP OF THIS CORPORATION SHALL BE ENTITLED TO NAME BETWEEN THREE (3) AND SEVEN (7) PERSONS TO SERVE AS MEMBERS OF THIS CORPORATION, AT LEAST ONE (1) OF WHOM SHALL BE A MEMBER OF THE OFFICIAL GOVERNING BODY OF SAID ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD REVIEW THE CONFLICT OF INTEREST POLICY AND PROCURMENT POLICY, WHICH EXPANDS ON THE CONFLICT OF INTEREST PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 ECUNEMICAL HOUSING CORPORATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS.