2025-11-17T11:59:39-06:00 2024-12-31 810348775 JUNKERMIERCLARKCAMPANELLASTEVENS PC 321 W BROADWAY 4TH FLOOR MISSOULA MT 59802 990 2024-01-01 810521301 HRC COTTAGES INC HRCC 4067283710 1801 S HIGGINS MISSOULA MT 598015763 JIM MORTON PRESIDENT 4067283710 2025-11-14 1 0 ALISSA A GRIMM CPA P01067948 4065494148 2025-11-14 2024 2025-03-06 01:10:19Z JIM MORTON 1801 S HIGGINS MISSOULA MT 598015763 780654 0 X N/A X 1998 MT OWN, OPERATE, AND MAINTAIN LOW-INCOME HOUSING. 3 2 10 0 0 0 3 0 774443 792059 5372 14266 -30171 -25671 749647 780654 0 0 0 0 54146 71097 0 0 0 806950 902222 861096 973319 -111449 -192665 5409126 5227475 5224490 5235504 184636 -8029 OWN, OPERATE, AND MAINTAIN HOUSING FOR LOWER INCOME PEOPLE. 0 0 709839 798250 HOUSING FOR LOWER INCOME PEOPLE: 269 TOTAL UNITS OF LOW-INCOME HOUSING IN HAMILTON, CORVALLIS, SUPERIOR, STEVENSVILLE, VICTOR, MISSOULA, ST. REGIS, AND DARBY, MONTANA RENTED AT BELOW MARKET RATES TO LOWER INCOME TENANTS. PROPERTIES INCLUDE BURNT FORK APARTMENTS, WILLOW CREEK APARTMENTS, EDNA COURT COTTAGES, EAGLE APARTMENTS, RIVERSIDE APARTMENTS, CHARLOS APARTMENTS, CEDAR GROVE APARTMENTS, DARBY APARTMENTS, TERRACE APARTMENTS, MAPLE COTTAGES, PARKSIDE APARTMENTS, TWO RIVERS APARTMENTS, SUPERIOR COMMONS APARTMENTS, BURNT FORK PLACE, ASPEN APARTMENTS, MOUNTAIN VIEW, AND BITTERROOT COMMONS. 709839 1 0 0 0 0 0 0 0 1 0 1 0 1 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 1 1 1 0 0 0 1 25 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X DISTRICT XI HUMAN RESOURCE COUNCIL 4067283710 1801 S HIGGINS MISSOULA MT 59801 JIM MORTON PRESIDENT 10.00 X X 29597 0 0 LARRY DEGARMO VICE PRESIDENT 1.00 X X 0 0 0 CHARLIE WELLENSTEIN SECRETARY 1.00 X X 0 0 0 29597 0 0 0 0 0 0 0 LOW INCOME RENTAL 531110 770165 770165 ASSET MANAGEMENT FEES 531390 21894 21894 792059 14266 14266 MISCELLANEOUS 900099 6191 6191 INCOME FROM PARTNERSHI 900099 -31862 -31862 -25671 780654 798250 0 -17596 29597 29597 28372 23546 4826 8524 3462 5062 4604 1870 2734 116805 116805 33098 29227 3871 2406 2406 2497 1317 1180 99525 93976 5549 2990 272 2718 26793 26793 245446 236847 8599 72348 49265 23083 MAINTENANCE 239532 194560 44972 TAXES AND LICENSES 45557 45189 368 SUPPLIES 15225 1109 14116 973319 709839 263480 0 650080 667051 1371605 1344856 175168 29115 36408 47229 8091639 5240805 2855613 2850834 320252 288390 5409126 5227475 73720 57647 48291 49413 2725223 2709003 2377256 2419441 5224490 5235504 X 184636 -8029 184636 -8029 5409126 5227475 -192665 0 X X 0 1 X 1 1 0 X 78284 579320 2520 3 0 660127 602038 738640 710033 774443 792059 3617213 680322 1317960 712553 774446 792059 4277340 0 0 0 4277340 1437 463 7778 5372 14266 29316 1437 463 7778 5372 14266 29316 681759 1318423 720331 779818 806325 4306656 0.99320 0.99580 0.00680 0.00420 X 0 1 X 531200 531200 4656735 3376855 1279880 2634943 1829634 805309 34316 34316 0 234445 234445 2850834 EQUITY INVESTMENT IN HAHP 164633 F OTHER INVESTMENTS 123757 C 288390 DUE TO RELATED PARTY 2108304 ACCRUED INTEREST 311137 2419441 780654 0 780654 0 780654 973319 0 973319 0 973319 PART IV, LINE 2B: ORGANIZATION MAINTAINS A RENT DEPOSIT TRUST FOR TENANTS. FORM 990, PART VI, SECTION A, LINE 6 DISTRICT XI HUMAN RESOURCE COUNCIL IS THE SOLE MEMBER OF HRC COTTAGES, INC. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS HIRED THE AUDIT FIRM TO PREPARE THE TAX RETURN. THE BOARD CHAIR AND STAFF REVIEWED THE RETURN BEFORE FILING. THE BOARD WILL RELY ON THE PROFESSIONAL FIRM HIRED AND STAFF AS TO THE ACCURACY OF THE ITEMS ON THE RETURN. THE 990 WILL BE AVAILABLE TO THE BOARD AND OTHERS AT GUIDESTAR.ORG. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD (WHICH IS THE ORGANIZATION) EXPECTS ITS MEMBERS TO DISCLOSE CONFLICTS OF INTEREST AND RECUSE THEMSELVES FROM DECISIONS WHERE THEY HAVE A CONFLICT. THE MINUTES OF THE MEETINGS INCLUDE RECORD OF ANY DISCLOSURES OF CONFLICTS. THERE ARE ONLY THREE BOARD MEMBERS, AND NO EMPLOYEES. THE PURPOSE OF THIS ORGANIZATION IS TO OWN, OPERATE, AND MAINTAIN HOUSING FOR LOWER INCOME HOUSEHOLDS. SINCE MUCH OF THE INITIAL FUNDING CAME FROM FEDERAL SOURCES, THE CORPORATION IS HEAVILY MONITORED BY GOVERNMENTAL INTERESTS. ONE REQUIREMENT OF THE USDA IS TO DISCLOSE ANNUALLY ANY "IDENTITY OF INTEREST" ENTITIES. THESE ENTITIES ARE ONES THAT COULD HAVE A CONFLICT OF INTEREST. NO BOARD MEMBERS HAVE BEEN DETERMINED TO BE AN "IDENTITY OF INTEREST." FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND FORM 1023 ARE AVAILABLE AT THE ORGANIZATION'S ADDRESS. THEY CAN BE EXAMINED ON SITE, OR A COPY CAN BE MADE, GIVEN A REASONABLE NOTICE. ADDITIONALLY, THE 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC AT 1801 S HIGGINS, MISSOULA, MT 59803, UPON REQUEST. THEY CAN BE EXAMINED ON SITE, OR A COPY CAN BE MADE, GIVEN A REASONABLE NOTICE. FINANCIAL STATEMENTS ARE NOT PUBLIC DOCUMENTS. FORM 990, PART XII, LINE 3B: THE REQUIRED AUDIT FOR THE YEAR ENDED DECEMBER 31, 2024, WAS NOT FINALIZED AS OF THE FILING DATE. THE AUDIT IS CURRENTLY IN PROGRESS, AND THE ORGANIZATION IS WORKING ACTIVELY WITH ITS AUDITORS TO ENSURE COMPLETION BY NOVEMBER 30, 2025. HRC SUPERIOR COMMONS LLC 1801 S HIGGINS MISSOULA MT 59801 274536389 REAL ESTATE RENTALS MT 37856 47020 HRC COTTAGES INC HRC TWO RIVERS LLC 1801 S HIGGINS MISSOULA MT 59801 453680549 REAL ESTATE RENTALS MT -2 51 HRC COTTAGES INC HRC ASPEN HOUSING LLC 1801 S HIGGINS MISSOULA MT 59801 462992668 REAL ESTATE RENTALS MT 21989 209833 HRC COTTAGES INC HRC EDNA COURT COTTAGES LLC 1801 S HIGGINS MISSOULA MT 59801 465332586 REAL ESTATE RENTALS MT -3633 154195 HRC COTTAGES INC HRC MINERAL PROPERTIES LLC 1801 S HIGGINS MISSOULA MT 59801 465344804 REAL ESTATE RENTALS MT -20656 481518 HRC COTTAGES INC CEDAR CREEK PROPERTY MANAGEMENTLLC 1801 S HIGGINS MISSOULA MT 59801 371908910 REAL ESTATE RENTALS MT -3823 18747 HRC COTTAGES INC HRC BURNT FORK PLACE LLC 1801 S HIGGINS MISSOULA MT 59801 843786724 REAL ESTATE IN DEVELOPMENT MT -10 3082522 HRC COTTAGES INC HRC BITTERROOT VALLEY APARTMENTS LLC 1801 S HIGGINS MISSOULA MT 59801 863164592 REAL ESTATE RENTALS MT 0 0 HRC COTTAGES INC HRC DEVELOPMENT INC 1801 S HIGGINS MISSOULA MT 598015763 810516736 PURCHASE & DEVELOP REAL ESTATE FOR THE BENEFIT OF LOW-INCOME INDIVIDUALS. MT 501(C)(3) 509(A)(2) DISTRICT XI HRC 0 DISTRICT XI HRC VEBA INC 1801 S HIGGINS MISSOULA MT 598015763 363686156 VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION MT 501(C)(9) DISTRICT XI HRC 0 DISTRICT XI HRC 1801 S HIGGINS MISSOULA MT 598015763 810332017 ADVOCATE FOR LOW-INCOME, PUBLIC BENEFIT CORPORATION MT 501(C)(3) 509(A)(1) N/A 0 HRC PARKSIDE INC 1801 S HIGGINS MISSOULA MT 598015763 810517550 OPERATE THE PARKSIDE APARTMENTS IN HAMILTON, MT MT 501(C)(3) 509(A)(2) DISTRICT XI HRC 0 HAMILTON AFFORDABLE HOUSING PARTNERSHIP LP 1801 SOUTH HIGGINS MISSOULA MT 59801 810519859 REAL ESTATE RENTALS MT N/A N/A -31862 1347369 0 0 0.99990 SUPERIOR COMMONS LP 619 SW HIGGINS MISSOULA MT 59803 264823159 REAL ESTATE RENTALS MT N/A N/A -6 156 0 0 0.00010 TWO RIVERS APARTMENTS LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 364712954 REAL ESTATE RENTALS MT N/A N/A -2 36 0 0 0.00010 ASPEN PLACE LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 300791985 REAL ESTATE RENTALS MT N/A N/A -11 175 0 0 0.00010 BURNT FORK PLACE LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 843811906 REAL ESTATE DEVELOPMENT MT N/A N/A 0 0 0.00010 BITTERROOT VALLEY APARTMENTS LP 283 W FRONT STREET SUITE 1 MISSOULA MT 59808 844926551 REAL ESTATE RENTALS MT N/A N/A 0 0 0.00010 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 DISTRICT XI HRC E 2039207 FMV DISTRICT XI HRC P 1967 CASH VALUE DISTRICT XI HRC Q 26237 CASH VALUE DISTRICT XI HRC M 26433 CASH VALUE