2025-10-28T13:10:04-05:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 351454609 BLUE RIVER INC BLUE 5742376000 PO BOX 540 SOUTH BEND IN 46624 RODNEY LUDWIG DIRECTOR 5742376000 2025-10-28 1 0 MICHAEL BREINING P01736574 3178485700 2024 2025-03-06 01:10:19Z ESTHER SMITH PO BOX 540 SOUTH BEND IN 46624 369207 0 X N/A X 1969 IN BLUE RIVER, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN COLUMBIA CITY, INDIANA. PHASE I HAS 10 UNITS AND PHASE II HAS 30 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW-INCOME FAMILIES OR PERSONS AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 8 8 0 8 0 0 166237 177368 178145 186635 2755 1384 6014 3820 353151 369207 0 0 0 0 0 0 0 0 0 311031 335884 311031 335884 42120 33323 557214 536871 316440 262774 240774 274097 X BLUE RIVER, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN COLUMBIA CITY, INDIANA. PHASE I HAS 10 UNITS AND PHASE II HAS 30 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW-INCOME FAMILIES OR PERSONS AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 0 0 207368 186635 BLUE RIVER, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN COLUMBIA CITY, INDIANA. PHASE I HAS 10 UNITS AND PHASE II HAS 30 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW-INCOME FAMILIES OR PERSONS AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 207368 0 1 0 0 0 0 0 0 0 1 0 1 0 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 1 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X RODNEY LUDWIG 5742376000 112 WEST JEFFERSON BLVD SUITE 300 SOUTH BEND IN 46601 X X ESTHER SMITH PRESIDENT 0.50 1.00 X X 0 0 0 DICK BUCHANAN VICE PRESIDENT 0.50 1.00 X X 0 0 0 PHYLLIS GATES SECRETARY/TREASURER 0.50 1.00 X X 0 0 0 CARL SILER DIRECTOR 0.50 1.00 X 0 0 0 JEFF WALKER DIRECTOR 0.50 1.00 X 0 0 0 BILL OVERDEER DIRECTOR 0.50 1.00 X 0 0 0 JANELLE SMITH DIRECTOR 0.50 1.00 X 0 0 0 JACK GREEN DIRECTOR 0.50 1.00 X 0 0 0 0 0 0 0 0 0 0 0 177368 177368 RENTAL INCOME 531110 186635 186635 186635 1384 1384 LAUNDRY & VENDING 531110 2844 2844 OTHER REVENUE-MISC. 531110 611 611 TENANT CHARGES 531110 365 365 3820 369207 186635 0 5204 33760 33760 9241 9241 1599 1599 21652 21652 178152 178152 1606 1606 29216 29216 677 677 MTG CO EMPLOYEE CHARGEB 55491 55491 SERVICE COORDINATOR CON 4490 4490 335884 207368 128516 0 42475 33881 1219 1027 2940 2017 1743441 1379845 388336 363596 106761 119297 15483 17053 557214 536871 16090 21195 642 619 281393 224266 18315 16694 316440 262774 X 240774 274097 240774 274097 557214 536871 33323 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47646 47646 1369046 1142105 226941 326749 237740 89009 363596 REPLACEMENT RESERVE ESCROW 119297 C 119297 SECURITY DEPOSITS 16694 16694 X 369207 0 369207 0 369207 333026 0 333026 2858 2858 335884 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITIES. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE IN DEPRECIATION 2,858. FORM 990, PART VI, SECTION A, LINE 3 BLUE RIVER, INC., BOTH PHASE I AND II, IS MANAGED BY BRADLEY RESIDENTIAL MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BRADLEY RESIDENTIAL MANAGEMENT CORPORATION HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED BRADLEY RESIDENTIAL MANAGEMENT CORPORATION TO MANAGE THE BLUE RIVER APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS. MEMBERS MAY BE INDIVIDUALS OR ORGANIZATIONS. ANY LEGALLY COMPETENT PERSON OF GOOD REPUTATION WHO RESIDES IN WHITLEY COUNTY, WHO APPLIES FOR MEMBERSHIP SHALL BE ELIGIBLE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY BE ELECTED AT ANY MEETING OF THE MEMBERS OR AT ANY MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING FIRM SENDS A DRAFT OF THE TAX RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY PRESENTS THE 990 AT THE BOARD MEETING FOR THE BOARD'S REVIEW. ONCE THE BOARD HAS AN OPPORTUNITY TO ASK QUESTIONS, THE BOARD APPROVES THE FORM 990 AND THE PRESIDENT GIVES APPPROVAL TO FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN OFF ON POLICY AND ABSTAIN FROM ANY VOTING WHERE A CONFLICT COULD EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES THEIR POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 19 EXISTING POLICIES, RETURNS, AND FINANCIAL STATEMENTS ARE MAINTAINED AT THE OFFICES OF THE MANAGEMENT COMPANY. THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. PART VII, SECTION A, LINE 1A, COLUMN B: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE COMPILATION REPORT. PRIOR TO THE FINALIZATION OF THE COMPILATION REPORT, A COPY OF THE COMPILATION IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE COMPILATION IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT ACCOUNTANTS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW ACCOUNTING FIRM. BLUE RIVER II INC PO BOX 540 SOUTH BEND IN 46624 371450558 LOW-INCOME SENIOR HOUSING IN 501(C)(3) 509(A)(2) BLUE RIVER SENIOR HOUSING INC 0 BLUE RIVER SENIOR HOUSING INC PO BOX 540 SOUTH BEND IN 46624 383668690 DEVELOPMENT OF LOW-INCOME HOUSING IN 501(C)(3) 170(B)(1)(A)(VI) GREATER SOUTH BEND HOUSING CORPORATION 0 BLUE RIVER CHURUBUSCO INC 904 BLUE RIVER DRIVE COLUMBIA CITY IN 46725 264432553 LOW-INCOME SENIOR HOUSING IN 501(C)(3) 509(A)(2) BLUE RIVER SENIOR HOUSING INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0