2025-10-31T10:19:26-05:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 264432553 BLUE RIVER CHURUBUSCO INC BLUE 5742376000 PO BOX 540 SOUTH BEND IN 46624 RODNEY LUDWIG DIRECTOR 5742376000 2025-10-31 1 1 EKATERINA GWYN P01333750 3178485700 2024 2025-03-06 01:10:19Z ESTHER SMITH PO BOX 540 SOUTH BEND IN 46624 204901 0 X N/A X 2009 IN THE INDIANA NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 22 UNIT APARTMENT COMMUNITY IN CHURUBUSCO, INDIANA KNOWN AS BLUE RIVER CHURUBUSCO. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS EXECUTED A REGULATORY AGREEMENT WITH HUD WHICH GOVERNS THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILES (OR PERSONS) AS PROVIDED BY THE SECTION 8 OF THE NATIONAL HOUSING ACT. 8 8 0 8 0 0 82521 104280 105772 98003 55 54 2927 2564 191275 204901 0 0 0 0 0 0 0 0 0 227394 266011 227394 266011 -36119 -61110 1636664 1578032 27149 29627 1609515 1548405 X THE INDIANA NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 22 UNIT APARTMENT COMMUNITY IN CHURUBUSCO, INDIANA KNOWN AS BLUE RIVER CHURUBUSCO. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS EXECUTED A REGULATORY AGREEMENT WITH HUD WHICH GOVERNS THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILES (OR PERSONS) AS PROVIDED BY THE SECTION 8 OF THE NATIONAL HOUSING ACT. 0 0 189690 98003 THE INDIANA NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 22 UNIT APARTMENT COMMUNITY IN CHURUBUSCO, INDIANA KNOWN AS BLUE RIVER CHURUBUSCO. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS EXECUTED A REGULATORY AGREEMENT WITH HUD WHICH GOVERNS THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILES (OR PERSONS) AS PROVIDED BY THE SECTION 8 OF THE NATIONAL HOUSING ACT. 189690 1 1 0 0 0 0 0 0 0 0 1 0 1 0 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 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 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 JANNELLE SMITH DIRECTOR 0.50 1.00 X 0 0 0 JEFF WALKER DIRECTOR 0.50 1.00 X 0 0 0 CARL SILER DIRECTOR 0.50 1.00 X 0 0 0 BILL OVERDEER 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 104280 104280 RENTAL INCOME 531110 98003 98003 98003 54 54 LAUNDRY & VENDING 531110 2283 2283 OTHER REVENUE-MISC. 531110 195 195 TENANT CHARGES 531110 86 86 2564 204901 98003 0 2618 18918 18918 12012 12012 475 475 9749 9749 98056 98056 1538 1538 62001 62001 396 396 MTG CO EMPLOYEE CHARGEB 34758 34758 SERVICE COORDINATOR CON 25452 25452 BAD DEBTS 2643 2643 LATE AND NSF FEE 13 13 266011 189690 76321 0 14554 12488 4492 1133 82 341 2256496 798594 1508848 1457902 100102 97928 8586 8240 1636664 1578032 11291 21788 7665 2 8193 7837 27149 29627 X 1609515 1548405 1609515 1548405 1636664 1578032 -61110 0 X X 0 1 X 1 1 1 X 67077 66438 74371 82521 104280 394687 90539 95558 96909 105772 98003 486781 157616 161996 171280 188293 202283 881468 0 0 0 881468 18 13 10 55 54 150 18 13 10 55 54 150 2498 2973 2531 2927 2564 13493 160132 164982 173821 191275 204901 895111 0.98480 0.98550 0.00020 0.00010 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68100 68100 2184971 795169 1389802 3425 3425 0 1457902 RESERVE REPLACEMENT FUND 97928 C 97928 SECURITY DEPOSITS 7837 7837 X 204901 0 204901 0 204901 266555 544 544 266011 0 266011 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX, AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. 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 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 544. FORM 990, PART VI, SECTION A, LINE 3 BLUE RIVER CHURUBUSCO, INC. 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 US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED BRADLEY RESIDENTIAL MANAGEMENT COMPANY TO MANAGE BLUE RIVER CHURUBUSCO, INC. 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 B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY PRESENTS THE 990 AT THE BOARD MEETING FOR THEIR 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 REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. 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. FORM 990, 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, PAGE 12, PART XII LINE 2C: OVERSIGHT OF AUDITING FUNCTION: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. BLUE RIVER II INC PO BOX 540 SOUTH BEND IN 46624 371450558 LOW INCOME HOUSING IN 501(C)3 509(A)(2) BLUE RIVER SENIOR HOUSING INC 0 BLUE RIVER INC PO BOX 540 SOUTH BEND IN 46624 351454609 LOW INCOME HOUSING IN 501(C)4 N/A BLUE RIVER SENIOR HOUSING INC 0 BLUE RIVER SENIOR HOUSING INC PO BOX 540 SOUTH BEND IN 46224 383668690 DEVELOPMENT OF LOW INCOME HOUSING IN 501(C)3 170(B)(1)(A)(V) GREATER SOUTH BEND HOUSING CORPORATION 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART V LINE 1E: IN A PRIOR YEAR, THE SPONSOR ADVANCED $450 TO THE CORPORATION TO SET UP THE INITIAL CASH ACCOUNTS. THIS AMOUNT IS INCLUDED IN DUE TO SPONSOR ON THE STATEMENTS OF FINANCIAL POSITION. THIS AMOUNT CAN BE REPAID FROM RESIDUAL RECEIPTS WITH HUD'S APPROVAL.