2025-08-11T09:38:30-05:00 2024-09-30 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-10-01 840798069 The Residences at Eaton Senior Communities RESI 3039373000 333 South Eaton Street Lakewood CO 80226 Diana Delgado President/CEO 3039373000 2025-08-08 1 1 Lisa Chaffee CPA P00193453 7012551091 2025-08-04 2023 2025-03-06 01:10:19Z Dan Kullas 333 South Eaton Street Lakewood CO 80226 5880161 0 X www.eatonsenior.org X 1968 CO To provide housing services for low to moderate income seniors. 9 9 40 37 0 0 538052 92233 5392553 5690932 5891 96996 55514 0 5992010 5880161 0 0 0 0 1586986 1909057 0 0 99563 3397490 3486383 4984476 5395440 1007534 484721 15356670 15580062 16644427 16375184 -1287757 -795122 To provide affordable housing in a service-rich environment that enables all to live to their fullest potential. 0 0 4105644 5690932 For the year ended September 30, 2024 The Residences at Eaton Senior Communities provided 161 apartments for occupancy to elderly individuals who qualify for federal assisted low income section 8 housing. 4105644 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 43 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X Diana Delgado 3039375000 333 South Eaton Street Lakewood CO 80226 Dan Kullas Chair 0.40 0.60 X X 0 0 0 Jennifer Vagher Vice Chair 0.40 0.60 X X 0 0 0 Richard Wyse Secretary/Treasurer 0.40 0.60 X X 0 0 0 Sandy Bowlin Director 0.40 0.60 X 0 0 0 Ben Bryan Director 0.40 0.60 X 0 0 0 Martin Herz Director (Through March) 0.40 0.60 X 0 0 0 Joey Kellum Director 0.40 0.60 X 0 0 0 Martina Kuhar Director 0.40 0.60 X 0 0 0 Jesica Nichols Director 0.40 0.60 X 0 0 0 Michael Gilbert Director 0.40 0.60 X 0 0 0 Diana Delgado President/CEO 1.50 38.50 X 0 188769 15021 Tracy Swen Director of Finance 36.00 4.00 X 104202 11578 0 Mary Ann Mulligan Executive Director 40.00 0.00 X 111683 0 10354 215885 200347 25375 2 0 1 0 Eaton Senior Communities Inc 333 S Eaton Street Lakewood CO 80226 Managment Fees 443899 1 18178 56955 17100 92233 Apartment Rentals 623000 5038353 5038353 Food and Food Services 623000 536370 536370 Laundry and Vending In 900099 13454 13454 102755 75154 27601 5690932 96996 96996 5880161 5649877 0 138051 120526 120526 1489716 1215673 207324 66719 180035 143482 28678 7875 118780 93065 20608 5107 443899 443899 10413 10413 35100 35100 131283 71656 59627 14692 14692 281210 257953 23163 94 2830 711 2119 487535 464137 21058 2340 9405 2049 7356 14329 2536 11793 757426 681683 68169 7574 790692 711624 71162 7906 194866 175380 17538 1948 Food and Supplies 269672 269672 Dues & Subscriptions 12163 4062 8101 Bad Debt Expense 10060 10060 Resident Expenses 4599 4599 16209 7362 8847 5395440 4105644 1190233 99563 1341 2134989 2989747 352135 32388 70326 65127 67619 59087 23653112 12422430 11280354 11230682 1028401 1083261 211288 210217 119770 15356670 15580062 418690 377922 14853 6176 16000000 15812510 210884 178576 16644427 16375184 X -1287757 -795122 -1287757 -795122 15356670 15580062 484721 7914 0 X X 0 1 X 1 1 1 X 165442 557500 768347 538052 92233 2121574 3550802 3868589 4266083 5392553 5649877 22727904 45662 57035 50632 55514 41055 249898 3761906 4483124 5085062 5986119 5783165 25099376 0 0 0 25099376 2608 2095 1326 55140 96996 158165 2608 2095 1326 55140 96996 158165 3764514 4485219 5086388 6041259 5880161 25257541 0.99370 0.98470 0.00630 0.00280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 370187 370187 21488985 11410724 10078261 1777684 1011706 765978 16256 16256 11230682 Finance Lease Obligation 39450 Tenant Security Deposits 139126 178576 X 5888075 7914 7914 5880161 0 5880161 5395440 0 5395440 0 5395440 Part X, Line 2: Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. X X 0 0 0 0 0 0 0 0 0 Diana Delgado President/CEO 0 169391 0 19378 0 0 0 5029 0 10796 0 204594 0 0 Form 990, Part VI, Section A, line 1a The Board of Directors may designate an Executive Committee consisting of any number of Directors of the Corporation to constitute and Executive Committee. The Executive Committee has the power to operate on behalf of the Board of Directors between regular board meetings. Form 990, Part VI, Section A, line 2 Diana Delgado and Tracy Swen have a busines relationship with each other and with Dan Kullas, Jennifer Vagher, Richard Wyse, Sandy Bowlin, Ben Bryan, Martin Herz, Joey Kellum, Martina Kubar, Michael Gilbert, and Jessica Nichols. Form 990, Part VI, Section A, line 3 The organization is related through a common mission, common board members, and common members of management with Eaton Senior Communities (ESC). ESC provided management services to the organization. Management fees paid to ESC totaled $443,899 for fiscal 2024. ESC also acts as common paymaster for the residences at Eaton Senior Communities and other related entities. All the organization employees, including the President, are paid through ESC. ESC then charges the organization for its respective labor costs. These labor costs and related overhead are included on the statement of functional expenses (page #10 of the 990). Form 990, Part VI, Section A, line 4 The Articles of Incorporation were amended in 2023 to include the following significant changes: The purpose was expanded to include religious and educational purpose within the meaning of 501(c)(3) of the Internal Revenue Code. The minimum number of Directors required was reduced from 12 to 8. The details on the conflict of interest were updated to include that Directors with conflicts may not vote on proposals in which they have a conflict. The dissolution clause removed Roger Williams Manor II as a recipient organization in the event of dissolution. The Bylaws were amended in 2023 to allow for the addition of a Vice-President position which if elected by the Board would serve as the President/CEO in the event of the death, resignation, removal, absence, or inability to act of the President/CEO; and other duties as assigned by the President/CEO. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the finance committee in detail and is available to the full board for review and comment prior to filing. Form 990, Part VI, Section B, line 12c Annually the Board of Directors are required to submit a conflict-of-interest disclosure statement. Transactions disclosed by Directors with a conflict of interest are reviewed by the remaining Directors as they arise. Directors with conflicts shall recuse themselves from board meeting discussion and voting on matters in which they have a conflict of interest. Form 990, Part VI, Section B, line 15 The board analyzed the salaries of comparable organizations and determined that executive compensation was well within the acceptable range for comparable positions in similar organizations. Consistent with the methodology used for the organization's top official, the board analyzed salaries for comparable organizations and determined that officers compensation was within acceptable ranges for comparable positions in similar entities. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, financial statements and tax return are available upon request. Form 990, Part XII, Line 2c: The process has not changed from the prior year. Eaton Senior Communities 333 South Eaton Street Lakewood CO 80226 841432959 Supporting Services CO 501(c)(3) Line 12b, II The Residences at Eaton Senior Communities 1 Roger Williams Manor II 333 South Eaton Street Lakewood CO 80226 841381807 Supportive Services for Seniors CO 501(c)(3) Line 7 0 Eaton Senior Communities Foundation 333 South Eaton Street Lakewood CO 80226 841280682 Foundation CO 501(c)(3) Line 7 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 Eaton Senior Communities M 443899 Cash Receipt