2025-03-13T16:26:04-05:00 2024-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2024-01-01 471739509 RAISE-OP HOUSING COOPERATIVE RAIS 2072001596 145 PIERCE STREET 102 LEWISTON ME 04240 MICHAEL HERRMANN PRESIDENT 2072001596 2025-03-13 1 0 BRUCE MAYER CPA P00187180 6082744020 2025-03-11 2024 2025-03-06 01:10:19Z MICHAEL HERRMANN 145 PIERCE STREET 102 LEWISTON ME 04240 316653 0 X RAISEOP.COM X 2014 ME TO OPERATE SAFE AND AFFORDABLE HOUSING THAT IS DEMOCRATICALLY CONTROLLED BY ITS MEMBERS ON A NON-PROFIT BASIS. 7 7 2 50 0 0 39205 85475 894314 180011 50 23546 7730 27621 941299 316653 0 81998 0 0 104518 112761 0 0 11411 201742 183869 306260 378628 635039 -61975 2757637 2684580 339058 327976 2418579 2356604 THE MISSION OF THE RAISE-OP IS TO OPERATE SAFE AND AFFORDABLE HOUSING THAT IS DEMOCRATICALLY CONTROLLED BY ITS MEMBERS ON A NON-PROFIT BASIS. 0 0 339169 81998 180011 RAISE-OP PROVIDED SAFE, QUALITY, AFFORDABLE, ENERGY-EFFICIENT HOUSING TO ITS RESIDENTS. RAISE-OP HELPED RESIDENTS TO LEARN ABOUT HOW THEIR BUILDINGS OPERATE AND PROVIDED INPUT ON THEIR HOUSING AND THE ACTIVITIES OF THE ORGANIZATION THROUGH REGULAR MEETINGS. RAISE-OP PARTNERED WITH OTHER COMMUNITY ORGANIZATIONS TO EDUCATE THE PUBLIC ABOUT HOUSING NEEDS AND TO PROMOTE BEST PRACTICE HOUSING SOLUTIONS. 339169 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 X CRAIG SADDLEMIRE 2072001596 145 PIERCE STREET OFFICE 102 LEWISTON ME 04240 X SHAAD MASOOD PRESIDENT (THRU JULY) 1.00 X X 0 0 0 MICHAEL HERRMANN PRESIDENT/SECRETARY (FROM AUGUST) 1.00 X X 0 0 0 LYNNEA HAWKINS VICE PRESIDENT (THRU JULY) 1.00 X X 0 0 0 BRENDAN AKERS VICE PRESIDENT (FROM AUGUST) 1.00 X X 0 0 0 RONALD FLANNERY TREASURER (THRU JULY) 1.00 X X 0 0 0 IFRAAX SACIID TREASURER (FROM JULY) 1.00 X X 0 0 0 STUART BROWN DIRECTOR 1.00 X 0 0 0 HILOWLE ADEN DIRECTOR 1.00 X 0 0 0 ABDINAJIB MOHAMED DIRECTOR 1.00 X 0 0 0 ZAK AYER DIRECTOR (FROM JULY) 1.00 X 0 0 0 0 0 0 0 0 0 0 0 85475 85475 RENTAL INCOME 531110 180011 180011 180011 23546 23546 27621 27621 27621 316653 180011 0 51167 72414 72414 9584 9584 93514 72941 11689 8884 11592 9042 1449 1101 7655 5971 957 727 441 441 3037 3037 8032 8032 6044 4571 916 557 445 441 4 106366 105727 639 1491 1163 186 142 42325 41902 423 15413 15413 DUES 275 275 378628 339169 28048 11411 24856 29545 73940 38717 5259 691 930876 931876 10522 0 1169750 316566 893243 853184 229636 251717 412998 512566 176307 66284 2757637 2684580 3051 8342 306325 288549 29682 31085 339058 327976 X 2418579 2356604 2418579 2356604 2757637 2684580 -61975 0 X 0 0 0 X 364812 252964 715581 39205 85475 1458037 364812 252964 715581 39205 85475 1458037 952000 506037 22 49 43 50 23546 23710 1481747 1641706 0.34150 0.39920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 58 0 0 58 0 PART II-B, LINE 1: TESTIMONY TO LEGISLATORS FOR A STATE RENTAL ASSISTANCE PROGRAM. 94579 94579 1009805 268285 741520 56860 42334 14526 8506 5947 2559 853184 INVESTMENT IN ROHC GP 1 LLC 79 C INVESTMENT IN ROHC GP 1 LLC 412919 F CHASE COMMUNITY SOLAR FARM 99568 C 512566 SECURITY DEPOSITS 31085 31085 1 KAYDENZ KITCHEN FOOD PANTRY INC 40 RESERVOIR AVENUE LEWISTON ME 04240 824352635 501(C)(3) 71952 0 CREATION OF HOMELESS SHELTER 1 0 RENTAL ASSISTANCE 18 9584 PART I, LINE 2: FOR GRANTS TO DOMESTIC ORGANIZATIONS, THE COOPERATIVE DEVELOPMENT ORGANIZER OF RAISE-OP IS ABLE TO OBSERVE THE GENERAL PROGRESS OF THE PROJECT FUNDED BY THE AWARD. FOR GRANTS TO DOMESTIC INDIVIDUALS, RAISE-OP RECEIVES FINANCIAL REPORTS OF THE PROPERTY LESSORS AND ALSO INQUIRES WITH TENANTS TO VERIFY THAT THEY OBTAINED THE CREDITS APPLIED TO THEIR RENTAL ASSESSMENTS. FORM 990, PART VI, SECTION A, LINE 6 ALL RESIDENTS OF THE THREE COOPERATIVE BUILDINGS ARE MEMBERS OF RAISE-OP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF RAISE-OP HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE MEMBERS OF THE GOVERNING BODY ARE ELECTED ON AN ANNUAL BASIS AND AS VACANCIES ARISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE CHANGES TO ARTICLES OF INCORPORATION AND BY-LAWS, AND MAY DISSOLVE THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE COOPERATIVE DEVELOPMENT ORGANIZER AND THE TREASURER BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C STAFF REQUIRES BOARD MEMBERS AND OFFICERS TO REAFFIRM THAT THEY HAVE READ THE POLICY EACH YEAR. IN THE EVENT A DIRECTOR HAS A CONFLICT OF INTEREST IN ANY MATTER BEFORE THE BOARD, THE REMAINING DIRECTORS OF THE BOARD BY MAJORITY VOTE MAY REQUIRE THAT DIRECTOR TO RECUSE THEMSELVES FROM THE MATTER, AND SHALL ALWAYS COMPLY WITH THE REQUIREMENTS OF THE IRS STANDARD CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ROHC GP 1 LLC 145 PIERCE STREET OFFICE 102 LEWISTON ME 04240 873755219 RENTAL REAL ESTATE ME C 4 326322 0.79000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0