2026-04-21T13:46:17-05:00 2024-12-31 990842463 QBCO ADVISORY LLC 15420 W CAPITOL DRIVE BROOKFIELD WI 53005 990 2024-01-01 814810291 KINGSPATH SENIOR MINISTRIES KING 4147750857 504 W JUNEAU AVE 1000 MILWAUKEE WI 53203 SARAH GASPER TREASURER 4147750857 2026-04-20 1 1 TRACY STRIZIC EA MST P00472431 4143696301 2026-04-17 2024 2025-03-06 01:10:19Z X SPERO SENIOR LIVING MICHAEL KLATT 504 W JUNEAU AVE 1000 MILWAUKEE WI 53203 8777241 0 X HTTPS://SPEROSENIORLIVING.ORG/ X 2016 MN TO PROVIDE RESOURCES, TRAINING, SUPPORT, HOUSING AND OTHER SERVICES TO EQUIP AND ASSIST CONGREGATIONS OF THE LUTHERAN CHURCH-MISSOURI SYNOD ("LCMS") AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD ("WELS") TO DEVELOP AND/OR REINVIGORATE DISTINCTIVELY LUTHERAN PROGRAMS TO NURTURE AND SUPPORT SENIOR MEMBERS AND REACH OUT TO UNCHURCHED SENIORS. 5 5 0 2 0 0 9428 1082973 6803204 7560160 95916 81589 40154 52519 6948702 8777241 0 0 0 0 3199084 3690449 0 0 0 5572738 5382657 8771822 9073106 -1823120 -295865 34723483 32978210 36601066 35151658 -1877583 -2173448 X TO PROVIDE RESOURCES, TRAINING, SUPPORT, HOUSING AND OTHER SERVICES TO EQUIP AND ASSIST CONGREGATIONS OF THE LUTHERAN CHURCH-MISSOURI SYNOD ("LCMS") AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD ("WELS") TO DEVELOP AND/OR REINVIGORATE DISTINCTIVELY LUTHERAN PROGRAMS TO NURTURE AND SUPPORT SENIOR MEMBERS AND REACH OUT TO UNCHURCHED SENIORS. 0 0 8299057 7560160 DEVELOP AND OPERATE PROGRAMS, SERVICES AND ACTIVITIES FOR SENIORS DESIGNED TO MEET THEIR PHYSICAL AND SPIRITUAL NEEDS AND PERMIT THEM TO LIVE FULL, RICH AND INDEPENDENT LIVES. AS WELL, DEVELOP HOUSING DESIGNED SPECIFICALLY TO MEET THE UNIQUE NEEDS OF SENIORS FOR HOUSING, HEALTHCARE AND FINANCIAL SECURITY AND OFFERING DISTINCTIVELY LUTHERAN PROGRAMS TO MEET THEIR SPIRITUAL NEEDS. 8299057 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 1 1 X SARAH GASPER 4147750857 504 W JUNEAU AVE MILWAUKEE WI 53203 X REV DR LARRY MYERS SECRETARY 1.00 X X 0 0 0 MS SARAH GASPER TREASURER 1.00 X X 0 0 0 MR MATT BUROW MEMBER 1.00 X 0 0 0 MR MICHAEL KLATT MEMBER 1.00 X 0 0 0 MR PHILIP C BABLER CHAIR AND PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 KMJV OPERATION LLC 2675 N MAYFAIR RD 200 WAUWATOSA WI 53226 SENIOR LIVING MANAGEMENT 495444 KORU HEALTH LLC 2675 N MAYFAIR RD 200 WAUWATOSA WI 53226 SENIOR LIVING MANAGEMENT 200143 2 1022623 60350 1082973 RENT REVENUE 532000 7050082 7050082 MISCELLANEOUS RENTAL R 532000 510078 510078 7560160 81089 81089 500 0 500 500 500 DCW PAYMENTS 531390 52519 52519 52519 8777241 7560160 0 134108 3170401 3170401 250476 250476 269572 269572 523997 523997 72635 72635 277700 274529 3171 114628 114628 111368 111368 765505 706407 59098 34106 30898 3208 1740022 1740022 1146477 1146477 RESIDENT ACTIVITY 307823 307823 REPAIRS AND MAINTENANCE 186278 186278 SUPPLIES 36780 36780 RECRUITING 27939 27939 37399 37399 9073106 8299057 774049 0 2605455 1602695 1083227 114855 487784 1622320 43540 53499 30232836 2399135 28511842 27833701 1991635 1751140 34723483 32978210 890141 898839 9300000 8590000 3085737 3068062 191994 1927775 23133194 20666982 36601066 35151658 X -1877583 -2173448 -1877583 -2173448 34723483 32978210 -295865 0 X 0 1 X 0 0 X 1000 565000 9428 1082973 1658401 996176 2378202 2650782 6803204 7560160 20388524 997176 2943202 2650782 6812632 8643133 22046925 0 334225 846241 870044 17163 157984 2225657 334225 846241 870044 17163 157984 2225657 19821268 2613 4096 7923 95916 81589 192137 2613 4096 7923 95916 81589 192137 4050 14889 493740 40154 52519 605352 1003839 2962187 3152445 6948702 8777241 22844414 0.86770 0.80610 0.00840 0.00780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 720585 720585 28638576 1985679 26652897 873675 413456 460219 27833701 8777241 0 8777241 0 8777241 9073106 0 9073106 0 9073106 PART IV, LINE 2B: THE ORGANIZATION HELD SECURITY DEPOSITS FOR ITS MEMBERS. A SCOTT COUNTY COMMUNITY DEVELOPMENT AGENCY SENIOR HOUSING REVENUE BDS 411337785 80955PAA9 2022-08-17 9300000 FUNDING TO PURCHASE 0 0 0 A 710000 8590000 688972 186000 657000 7058028 2022 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SPERO BELLE PLAINE LLC (WHOLLY OWNED BY MATTHEW BUROW) DIRECTOR NOTE RECEIVABLE FOR KINGSPATH X 132529 0 0 1 1 SPERO BELLE PLAINE LLC (WHOLLY OWNED BY MATTHEW BUROW) DIRECTOR NOTE RECEIVABLE FOR KINGSPATH X 487784 487784 0 1 1 CATCON INC (MATTHEW BUROW IS CEO AND CHAIRMAN OF THE BOARD) DIRECTOR OPERATIONAL SUPPORT X 480000 0 0 1 1 MATTHEW BUROW DIRECTOR TO HELP WITH CASH FLOW X 177000 0 0 1 0 MATTHEW BUROW DIRECTOR START OPERATIONS X 1150000 0 1 1 CATCON INC (MATTHEW BUROW IS CEO AND CHAIRMAN OF THE BOARD) DIRECTOR OPERATIONAL SUPPORT - $240,945; CONSTRUCTION OF BUILDING - $983,378 X 0 0 0 1 1 SPERO LAKEVILLE DIRECTOR OPERATIONAL SUPPORT X 11377 0 0 1 0 SPERO BELLE PLAINE LLC (WHOLLY OWNED BY MATTHEW BUROW) DIRECTOR TO HELP WITH CASH FLOW X 12562 12562 0 1 1 SPERO LAKEVILLE DIRECTOR OPERATIONAL SUPPORT X 1097686 715213 0 1 0 SPERO LAKEVILLE DIRECTOR OPERATIONAL SUPPORT X 1200000 1200000 0 1 0 SPERO BELLE PLAINE LLC (WHOLLY OWNED BY MATTHEW BUROW) DIRECTOR NOTE RECEIVABLE FOR KINGSPATH X 1134536 1134536 0 1 0 3550095 FORM 990, PART VI, SECTION A, LINE 2 MATT BUROW OWNS THREE LEAF PARTNERS LLC AND CATALYST PARTNERS LLC, WHICH BOTH EMPLOY SARAH LEMKE. MICHAEL KLATT IS AN EMPLOYEE AT CATCON, INC. MATT BUROW SERVES AS CEO AND CHAIRMAN OF CATCON, INC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT CURRENTLY HAVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B BOARD IS PRESENTED FORM 990 ELECTRONICALLY, THEN REVIEWS AND APPROVES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO ITS BOARD MEMBERS AND OFFICERS. ON AT LEAST AN ANNUAL BASIS, ALL COVERED INDIVIDUALS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT IDENTIFYING ANY ACTUAL OR POTENTIAL CONFLICTS. DISCLOSURES ARE REVIEWED BY MANAGEMENT AND, WHERE APPROPRIATE, THE BOARD OF DIRECTORS OR A DESIGNATED COMMITTEE. WHEN A POTENTIAL CONFLICT IS IDENTIFIED, THE ORGANIZATION FOLLOWS ESTABLISHED PROCEDURES TO ADDRESS THE MATTER, INCLUDING REQUIRING THE INTERESTED INDIVIDUAL TO RECUSE THEMSELVES FROM DISCUSSIONS AND DECISIONS RELATED TO THE TRANSACTION OR ARRANGEMENT. THE ORGANIZATION DOCUMENTS THE REVIEW AND RESOLUTION OF ANY CONFLICTS IN MEETING MINUTES AND MAINTAINS RECORDS OF ALL DISCLOSURES. COMPLIANCE WITH THE POLICY IS MONITORED ON AN ONGOING BASIS BY MANAGEMENT AND THE BOARD TO ENSURE ADHERENCE. FORM 990, PART VI, SECTION C, LINE 19 REQUIRED ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IV, LINE 24C ON THE ORIGINAL TIMELY FILED FORM 990, THE QUESTION ON FORM 990, PART IV, LINE 24C WAS MARKED YES IN ERROR. THE QUESION HAS BEEN CORRECTED AND UPDATED TO NO. FORM 990, PART VI, SECTION B, QUESTIONS 12A, 12B, 12C FORM 990, PART VI, SECTION B, QUESTIONS 12A, 12B, 12C WERE INCORRECTLY MARKED NO ON THE TIMELY FILED ORIGINAL RETURN. KINGSPATH SENIOR MINISTRIES DOES HAVE A CONFLICT OF INTEREST POLICY AND THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES WERE REQUIRED TO ANNUALLY DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE ORGANIZATION DOES HAVE A PROCEDURE TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. THE QUESTIONS HAVE ALL BEEN UPDATED TO YES TO CORRECTLY REFLECT THERE IS A CONFLICT OF INTEREST POLICY AND THE PROCEDURE FOR MONITORING THE POLICY HAS BEEN INCLUDED ON THE AMENDED RETURN. FORM 990, PART VI, SECTION B, QUESTION 13 FORM 990, PART VI, SECTION B, QUESTION 13, WAS INADVERTANTLY MARKED NO ON THE TIMELY FILED ORIGINAL RETURN. KINGSPATH SENIOR MINISTRIES DOES HAVE A WRITTEN WHISTLEBLOWER POLICY AND THEREFORE THE QUESTION HAS BEEN UPDATED TO YES ON THE AMENDED RETURN. FORM 990, PART VI, SECTION B, QUESTION 14 FORM 990, PART VI, SECTION B, QUESTION 14 WAS INADVERTANTLY MARKED NO ON THE TIMELY FILED ORIGINAL RETURN. KINGSPATH SENIOR MINISTRIES DOES HAVE A DOCUMENT RETENTION POLICY, AND THE QUESTION HAS BEEN UPDATED TO YES ON THE AMENDED RETURN. FORM 990, PART VII, SECTION B FORM 990, PART VII, SECTION B WAS INADVERTANTLY NOT COMPLETED ON THE TIMELY FILED ORIGINAL RETURN. THERE WERE TWO INDEPENDENT CONTRACTORS THAT WAS PAID MORE THAN $100,000 DURING 2023. THE AMENDED RETURN HAS BEEN UPDATED TO REFLECT THE CONTRACTORS' INFORMATION AND PAYMENT AMOUNT. FORM 990, SCHEDULE K, PARTS I - IV, LINE B FORM 990, SCHEDULE K, PARTS I - IV, LINE B WAS INCORRECTLY COMPLETED ON THE ORIGINAL TIMELY FILED RETURN. ALTHOUGH THERE WERE TWO SERIES OF BONDS, THIS WAS A SINGLE BOND ISSUE. THE INFORMATION FROM LINE A AND LINE B HAVE BEEN CORRECTLY COMBINED AND REFLECTED AS ONE ISSUE ON THE AMENDED RETURN. FORM 990, SCHEDULE K, PART I, LINE A FORM 990, SCHEDULE K, PART I, LINE A THE ISSUER'S EIN WAS INADVERTANTLY NOT INCLUDED ON THE TIMELY FILED ORIGINAL RETURN. THE ISSUER'S EIN HAS BEEN INCLUDED ON THE AMENDED RETURN. FORM 990, SCHEDULE K, PART II, LINE 13 & 16 ON SCHEDULE K, PART II, LINE 13 THE YEAR OF SUBSTANTIAL COMPLETION WAS INADVERTANTLY OMITTED FROM THE ORIGINAL RETURN AND HAS BEEN UPDATED ON THE AMENDED RETURN TO CORRECTLY REFLECT 2022. SCHEDULE K, PART II, LINE 16 WAS INCORRECTLY MARKED NO ON THE TIMELY FILED ORIGINAL RETURN, BUT HAS BEEN UPDATED ON THE AMENDED RETURN TO CORRECTLY REFLECT THAT FINAL ALLOCATION OF THE PROCEEDS HAS BEEN MADE. FORM 990, SCHEDULE K, PART III, PART IV, PART V ON SCHEDULE K, PART III, QUESTIONS 1, 3A, 3B, AND 7 WERE PREVIOUSLY MARKED YES IN ERROR. THE AMENDED RETURN CORRECTLY REFLECTS THAT THE ORGANIZATION IS NOT A PARTNER IN A PARTNERSHIP OR MEMBER OF AN LLC WHICH OWNED PROPERTY FINANCED BY TAX-EXEMPT BONDS. IN ADDITION, THE AMENDED RETURN CORRECTLY REFLECTS THAT THERE ARE NO MANAGEMENT OR SERVICE CONTRACTS THAT MAY RESULT IN PRIVATE BUSINESS USE OF BOND-FINANCED PROPERTY, THERE IS 0% OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE BY ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR GOVERNMENT, AND THEREFORE THE PRIVATE SECURITY OR PAYMENT TEST IS MARKED NO AS IT IS NO LONGER APPLICABLE. ON SCHEDULE K, PART III, QUESTION 9 HAS BEEN MARKED YES ON THE AMENDED RETURN TO ACCURATELY REFLECT THAT THE ORGANIZATION HAS WRITTEN PROCEDURES TO ENSURE ALL NONQUALIFIED BONDS OF THE ISSUE ARE REMEDIATED IN ACCORDANCE WITH THE REQUIREMENTS UNDER REGULATIONS SECTIONS 1.141-12 AND 1.145-2. ON SCHEDULE K, PART IV, LINE 2A HAS BEEN MARKED YES ON THE AMENDED RETURN TO ACCURATELY REFLECT THAT THE REBATE IS NOT DUE YET. ON SCHEDULE K, PART IV, QUESTION 7 HAS BEEN MARKED YES ON THE AMENDED RETURN TO ACCURATELY REFLECT THAT THE ORGANIZATION HAS WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148. ON SCHEDULE K, PART V, THE QUESTION HAS BEEN MARKED YES ON THE AMENDED RETURN TO ACCURATELY REFLECT THAT THE ORGANIZATION HAS ESTABLISHED WRITTEN PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTEER CLOSING AGREEMENT PROGRAM IF SELF-REMEDIATION ISN'T AVAILABLE UNDER APPLICABLE REGULATIONS. SPERO LAKEVILLE LLC 13150 WATERTOWN PLANK RD SUITE 204 ELM GROVE WI 53122 842368716 RENTAL REAL ESTATE WI NO 0 0 0.20000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0