2025-02-24T15:11:43-06:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 421148364 RISE LTD RISE 5632451868 106 Rainbow Drive Elkader IA 52043 Jessica Pensel Executive Director 5632451868 2025-02-20 1 1 Deb Nelson CPA P01264758 6122536500 2025-02-18 2023 2025-03-06 01:10:19Z Jessica Pensel 106 Rainbow Drive Elkader IA 52043 3911915 0 X www.riseltd.org X 1980 IA To encourage independence through the provision of residential and day program services. 6 6 56 7 0 0 103914 391396 3328893 3315701 84776 117595 85917 87223 3603500 3911915 0 250 0 0 2297162 2645032 0 0 0 739629 806445 3036791 3451727 566709 460188 6528461 6661269 601208 273828 5927253 6387441 To encourage independence through the provision of residential and day program services to enhance the lives of the people we serve. 0 0 3097473 250 3312422 RISE, Ltd. Provided Supported Community Living Skills to 80 individuals with intellectual disabilities, brain injury, and mental illness. In addition, the organization has three group homes with a total of 20 beds available, and two apartment complexes with at total of 13 living units. The organization also provided Day Habilitation services to 62 individuals with intellectual disabilities and mental illness. This program is CARF accredited. 3097473 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 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 0 0 0 1 22 0 1 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X Jessica Pensel 5632451868 106 Rainbow Drive Elkader IA 52043 Allan Nelson Chair 1.00 1.00 X X 0 0 0 Courtney Vorwald Vice Chair 1.00 1.00 X X 0 0 0 Steve Bunn Director (Through May 2024) 1.00 1.00 X 0 0 0 Jade Beck Director 1.00 1.00 X 0 0 0 Ann Gibney Director 1.00 1.00 X 0 0 0 Deb Howard Director (From May 2024) 1.00 1.00 X 0 0 0 Audie Baumgartner Director (From May 2024) 1.00 1.00 X 0 0 0 Jessica Pensel Executive Director 39.00 1.00 X 94023 0 28014 94023 0 28014 0 0 0 0 0 382032 9364 391396 Net Resident/Consumer 624310 3029893 3029893 Group Home Room & Boar 624310 270104 270104 15704 12425 3279 3315701 116437 116437 87153 0 87153 87153 87153 1158 0 1158 1158 1158 70 0 70 70 3911915 3312422 0 208097 250 250 125438 125438 2036431 1951766 84665 294963 281309 13654 188200 180107 8093 80 80 26332 26332 18790 18790 164958 149362 15596 3138 2898 240 149195 126729 22466 86692 86692 42195 42195 231355 208219 23136 34554 34554 Bad Debt 40089 40089 Medical Supplies 5402 5402 3665 3665 3451727 3097473 354254 0 3703634 3239124 375243 260766 1398 0 5249669 2105796 2427414 3143873 20772 17506 6528461 6661269 191584 232448 20675 15913 384886 20944 4063 4523 601208 273828 X 5920253 6387441 7000 0 5927253 6387441 6528461 6661269 460188 0 X 0 1 X 0 0 X 7449 439460 382874 103914 391396 1325093 2497442 2650141 2995923 3326375 3312422 14782303 3078 2705 3271 2518 3279 14851 2507969 3092306 3382068 3432807 3707097 16122247 0 1242792 1103108 1316557 1553359 1345453 6561269 1242792 1103108 1316557 1553359 1345453 6561269 9560978 94859 100529 98399 125894 203590 623271 94859 100529 98399 125894 203590 623271 252 270 70 592 2602828 3192835 3480719 3558971 3910757 16746110 0.57090 0.62840 0.03720 0.03370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 93050 93050 3610436 1595711 2014725 791792 510085 281707 754391 754391 3143873 Security Deposits 4523 4523 X 3978607 74000 74000 3904607 7308 7308 3911915 3504167 52440 52440 3451727 0 3451727 Part IV, Line 2b: At June 30, 2024 and 2023, the Organization held residents' funds totaling $15,913 and $20,675, respectively. The funds are expended at the direction of the resident for personal items. These funds are recorded on the Organization's consolidated statement of financial position as custodial funds, and a corresponding liability is recorded, less any amounts that are due to the Organization from the residents. Part X, Line 2: The organization believes that the entity has appropriate support for any tax positions taken affecting their annual filing requirements, and as such, do not have any uncertain tax positions that are material to the consolidated financial statements. The Organization 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. Part XI, Line 2d - Other Adjustments: Rise, Ltd., Development Corporation revenues included in consolidated audit 74,000. Part XI, Line 4b - Other Adjustments: Revenues received from Rise, Ltd., Development Corporation audit elimination 7,308. Part XII, Line 2d - Other Adjustments: Rise, Ltd., Development Corporation expenses included in consolidated audit 59,748. Rise, Ltd., Development Corporation intercompany expense audit elimination -7,308. Form 990, Part VI, Section A, line 8b The organization does not have any committees with the authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b The completed Form 990 is presented to the board for approval prior to filing. Form 990, Part VI, Section B, line 12c Officers and board members are required to annually disclose any potential conflicts of interest. These conflicts are reviewed by the remaining board members without conflicts. Officers or members without conflicts will determine if a conflict exists. Additional steps are taken as appropriate for conflicts of interest. Form 990, Part VI, Section B, line 15a The Executive Director's wages are determined by the Board on an annual basis. The board uses a combination of years of experience, education, and IACP wage survey results to determine wages and raises. 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. RISE Ltd Development Corporation 106 Rainbow Dr Elkader IA 52043 421233462 HUD Section 8 Housing IA 501(c)(3) PF RISE LTD 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0