2025-11-17T17:18:54-06:00 2024-12-31 991781118 EAG AFFORDABLE HOUSING LLC 3595 GRANDVIEW PARKWAY STE 500 BIRMINGHAM AL 35243 990 2024-01-01 237092822 RLC CORPORATION DBA LUTHERAN TOWERS RLCC 4048736087 727 JUNIPER STREET NE ATLANTA GA 30308 KARON WINSTON AUTHORIZED SIGNOR 4048736087 2025-11-13 1 0 BRIAN SCHUTZ CPA P01670034 2058221010 2025-11-13 2024 2025-03-06 01:10:19Z KARON WINSTON 4307181 0 X N/A X 1969 GA SINCE 1972 LUTHERAN TOWERS HAS BEEN FULFILLING ITS CRITICAL MISSION TO PROVIDE AN AFFORDABLE, QUALITY HOME WITH PERSON-CENTERED SUPPORTIVE SERVICES THAT EMPOWER ITS RESIDENTS TO THRIVE. 11 11 17 16 0 0 116802 72347 3352510 4100971 30899 30692 3573 103171 3503784 4307181 0 0 0 0 1173124 1207197 0 0 0 2436183 2743003 3609307 3950200 -105523 356981 7272725 7873430 1582066 1825790 5690659 6047640 X PROVIDING HOUSING WITH PERSON-CENTERED SUPPORTIVE SERVICES AND RECREATIONAL ACTIVITIES FOR LOW INCOME ELDERS OF ALL FAITHS AND BELIEFS BY OPERATING A 205 UNIT APARTMENT COMMUNITY REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT. 0 0 3950200 4204142 PROVIDED A QUALITY AFFORDABLE HOME WITH PERSON-CENTERED SUPPORTIVE SERVICES AND RECREATIONAL ACTIVITIES FOR LOW-INCOME ELDERLY BY OPERATING A 205 UNIT APARTMENT COMMUNITY REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT IN MIDTOWN ATLANTA, GEORGIA. MAINTAINING AN ENVIROMENT WHERE OUR RESIDENTS CAN SUCCESSFULLY AND HAPPILY AGE IN PLACE IS AT THE HEART OF ALL WE DO. GUIDED BY THIS PHILOSOPHY, WE HELPED ALLEVIATE LONELINESS, HELPLESSNESS AND BOREDOM BY ENSURING EACH RESIDENT ENJOYS A LOVING COMPANIONSHIP WITH FAMILY, FRIENDS AND PETS; PURPOSEFUL LIVES WITH OPPORTUNITIES TO GROW, LEARN AND GIVE; ACTIVITIES THAT ARE MEANINGFUL TO THEM; INTERGENERATIONAL ACTIVITIES; SELF-DIRECTED, PERSONALIZED CARE AND SUPPORT; AND ACCESS TO CREDENTIALED AND CARING STAFF. 3950200 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 0 1 5 5 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 GA X KARON WINSTON 4048736087 727 JUNIPER STREET NE ATLANTA GA 30308 X SUE MCCART CHAIR 1.00 X X 0 0 0 PAUL ISAACSON VICE PRESIDENT 1.00 X X 0 0 0 JEFF GUTHRIE TREASURER 1.00 X X 0 0 0 CATHARINE DRESSEL SECRETARY 1.00 X X 0 0 0 HANNAH FARHADI BOARD MEMBER 1.00 X 0 0 0 ALISA NORVELLE BOARD MEMBER 1.00 X 0 0 0 KAREN MEDFORD BOARD MEMBER 1.00 X 0 0 0 CHERYL IVERSON BOARD MEMBER 1.00 X 0 0 0 KARIN MAYO BOARD MEMBER 1.00 X 0 0 0 LINDSEY DUMONT BOARD MEMBER 1.00 X 0 0 0 JAMES SUMMER III PAST CHAIRMAN 1.00 X 0 0 0 KARON WINSTON EXECUTIVE DIRECTOR 40.00 X 124204 0 0 124204 0 0 1 0 0 0 0 72347 72347 HOUSING ASSISTANCE PAY 531110 3175256 3175256 TENANT RENT PAYMENTS 531110 925715 925715 4100971 30692 30692 MISCELLANEOUS REVENUE 531110 103171 103171 103171 4307181 4204142 0 30692 827362 827362 80953 80953 221539 221539 77343 77343 16311 16311 84861 84861 23032 23032 2981 2981 121570 121570 69814 69814 111339 111339 650370 650370 179862 179862 UTILITIES AND TRASH REM 505596 505596 REPAIRS AND MAINTENANCE 420593 420593 SECURITY 246072 246072 SERVICE COORDINATOR AND 233834 233834 76768 76768 3950200 3950200 0 0 1928247 1396893 23019 0 44966 51991 14895102 8499556 4317284 6395546 959209 29000 7272725 7873430 180251 304188 1342891 0 58924 1521602 1582066 1825790 X 5677694 6047640 12965 0 5690659 6047640 7272725 7873430 356981 0 X X 0 1 X 1 0 X 54814 204429 138289 116802 72347 586681 2948049 3269164 3149527 3356083 4234519 16957342 3002863 3473593 3287816 3472885 4306866 17544023 10000 10000 31000 51000 0 10000 10000 31000 51000 17493023 121 120 183 30899 315 31638 121 120 183 30899 315 31638 3002984 3473713 3287999 3503784 4307181 17575661 0.99530 0.99430 0.00180 0.00200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 180000 13038598 7533265 5505333 888419 361556 526863 788085 604735 183350 6395546 TENANT SECURITY DEPOSITS 62188 RLC COMMERCIAL MORTGAGE 1263204 CURRENT PORTION TERM LOAN 28159 REVOLVER LOAN - 730 MIDTOWN 168051 1521602 4307181 0 4307181 0 4307181 3950200 0 3950200 0 3950200 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING (CPA) FIRM. THE CPA FIRM SENDS AN ELECTRONIC REVIEW COPY TO THE EXECUTIVE DIRECTOR/ADMINISTRATOR, WHO FORWARDS THE ELECTRONIC REVIEW COPY TO ALL BOARD MEMBERS FOR REVIEW. THE FINANCE COMMITTEE CONDUCTS AN IN-DEPTH REVIEW WITH THE CPA PREPARING THE RETURN. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD MEMBERS ARE ADDRESSED, THE FINALIZED FILING COPY OF THE RETURN IS PROVIDED TO THE DESIGNATED BOARD OFFICER FOR FINAL REVIEW, SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED AT REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS AND AT OTHER TIMES, IF NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION LEVELS. INFORMATION SUCH AS COMPENSATION SURVEYS AND STUDIES, PUBLICLY AVAILABLE INFORMATION PERTAINING TO SIMILIAR ORGANIZATIONS, PREVAILING LOCAL COMPENSATION LEVELS FOR SIMILAR POSITIONS AND RESPONSIBILITIES, AND HUD BUDGETING AND OPERATING REQUIREMENTS ARE TAKEN INTO CONSIDERATION WHEN COMPENSATION LEVELS ARE DETERMINED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST. FORM 990 PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.