2026-06-15T10:43:19-05:00 2025-07-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2024-08-01 841158819 GRECCIO HOUSING UNLIMITED INC GREC 7194195607 1015 E PIKES PEAK AVE STE 110 COLORADO SPRINGS CO 80903 R LEE PATKE EXECUTIVE DIRECTOR 7194751422 2026-06-11 1 1 LYNN HESLINGA P01273410 6088318181 2024 2025-03-06 01:10:19Z R LEE PATKE 1015 E PIKES PEAK AVE STE 110 COLORADO SPRINGS CO 80903 6704927 0 X WWW.GRECCIO.ORG X 1990 CO GRECCIO IS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION IN COLORADO SPRINGS THAT PROVIDES STABLE, SAFE, AND AFFORDABLE HOUSING, OFFERS RESOURCES FOR RESIDENTS TO ACHIEVE STABILITY, AND PROMOTES SOLUTIONS TO THE AFFORDABLE HOUSING NEEDS OF OUR COMMUNITY. 9 9 47 220 0 0 1138653 2414320 4519599 4142575 13749 37540 907510 110492 6579511 6704927 436940 481599 0 0 1834672 2066376 0 0 62047 3286948 3755123 5558560 6303098 1020951 401829 21506369 30576846 17325038 25993686 4181331 4583160 TO PROVIDE STABLE, SAFE, AND AFFORDABLE HOUSING TO OFFER RESOURCES FOR RESIDENTS TO ACHIEVE STABILITY AND TO PROMOTE SOLUTIONS TO THE AFFORDABLE HOUSING NEEDS IN OUR COMMUNITY. 0 0 4810404 264730 4253067 RENTAL AND PROPERTY MANAGEMENT - THE PRIMARY FOCUS OF OPERATIONS IS OUR AFFORDABLE HOUSING PROGRAM FOR INDIVIDUALS AND FAMILIES. WE ARE DEDICATED IN GUIDING APPLICANTS THROUGH ELIGIBILITY PROCESS FOR AFFORDABLE HOUSING. MORE THAN 4/5 OF OUR RESIDENTS EARN 50% OR LESS OF AMI. 835791 202877 RESOURCE & OPPORTUNITY CENTER - GREECIO TAKES AN INTEGRATED APPROACH TO HOUSING BY OFFERING OUR RESIDENTS ASSISTANCE FOR THEM TO ACHIEVE STABILITY AND SELF-SUFFICIENCY. SOME OF OUR RESOURCES INCLUDE EVICTION PREVENTION, NO COST FOOD PANTRY, COMMUNITY GARDENS, EDUCATION SCHOLARSHIPS, FINANCIAL TRAINING AND VARIETY OF LITERACY PROGRAMS. 261119 13992 PURCHASE AND REHABILITATION - WE BEGAN A MULTI-YEAR PRESERVATION EFFORT IN 2025 OF EXISTING PROPERTIES. REHABILITATION INCLUDED NUMEROUS EXTERIOR REPAIRS SUCH AS STUCCO, REPAINTING, GUTTERS, PRIVACY FENCE AND ROOF REPAIRS. INSIDE PROJECTS INCLUDED HIGH EFFICIENCY BOILERS, ATTIC AND PIPE INSULATION, LOW-FLOW FIXTURES AND LED LIGHTING. THIS YEAR WE STARTED AND CONTINUED FOUR NEW PROPERTIES. 5907314 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 18 0 1 47 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X RAYMOND L PATKE JR 7194751422 1015 E PIKES PEAK AVE STE 110 COLORADO SPRINGS CO 80918 TAMI ZAMBORELLI PRESIDENT 2.00 X X 0 0 0 JARIAH WALKER VICE PRESIDENT 1.00 X X 0 0 0 KELLY FITZGERALD TREASURER 1.00 X X 0 0 0 TAMARA SAUNDERS SECRETARY 1.00 X X 0 0 0 DIANE MILLER IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 TYRONE JOHNSON DIRECTOR 1.00 X 0 0 0 DAVID NEVILLE DIRECTOR 1.00 X 0 0 0 THEA PLATT DIRECTOR 1.00 X 0 0 0 STEVE POSEY DIRECTOR 1.00 X 0 0 0 LEE PATKE EXECUTIVE DIRECTOR 40.00 X 159344 0 5541 BRIAN BAKER SENIOR DIRECTOR OF OPERATIONS 40.00 X 101920 0 3057 261264 0 8598 2 0 1 0 WAY ARCHITECTS PC 318 NORTH TEJON STREET COLORADO SPRINGS CO 80903 ARCHITECT 576750 1 257288 2157032 1402555 2414320 RENTAL INCOME 531110 3300556 3300556 MAINTENANCE REIMBURSEM 531110 386694 386694 DEVELOPER FEES 531110 217141 217141 MANAGEMENT FEE INCOME 531110 214221 214221 SALARY REIMBURSEMENTS 531110 21218 21218 2745 2745 4142575 37540 37540 MISC. REVENUE 900099 110492 110492 110492 6704927 4253067 0 37540 133728 133728 347871 347871 164885 131908 24733 8244 1593895 1412859 168807 12229 22679 19943 2488 248 136714 120221 14995 1498 148203 130323 16256 1624 75682 74126 1124 432 93142 76381 12105 4656 119495 116587 2100 808 39104 32079 5074 1951 76063 65059 7948 3056 48713 39944 6333 2436 1341764 1327750 10121 3893 29769 25657 2970 1142 21113 17312 2745 1056 463084 421361 30133 11590 739039 723634 11126 4279 466950 457701 6680 2569 BAD DEBT EXPENSE 196386 196386 MISC 19161 17951 874 336 RESIDENT RESOURCES 18533 18533 BROKER COMMISSION 7125 7125 6303098 5907314 333737 62047 2028583 1504835 20079 25204 161919 176059 1600000 11504991 485336 574353 25463482 9710556 16107606 15752926 933336 961181 169510 77297 21506369 30576846 353275 322697 89126 93572 184031 183021 10995596 10717853 419334 479089 5283676 14197454 17325038 25993686 X 4085313 4547056 96018 36104 4181331 4583160 21506369 30576846 401829 0 X 0 1 X 1 0 X 1308394 1077320 1217145 1138653 2414320 7155832 1308394 1077320 1217145 1138653 2414320 7155832 276523 6879309 726 438 19505 13749 37540 71958 5516 5516 143579 8487 907510 110492 1170068 8403374 0.81860 0.80600 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DEVELOPMENT FEES - 2020 AMOUNT: $ 73,798. OTHER MISC REVENUE - 2020 AMOUNT: $ 69,781. 2022 AMOUNT: $ 8,487. 2023 AMOUNT: $ 907,510. 2024 AMOUNT: $ 110,492. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1852296 1852296 22747119 9263049 13484070 229008 135596 93412 635059 311911 323148 15752926 REFUNDABLE ADVANCES 14120524 LEASE LIABILITIES 76930 14197454 6511723 3182 -196386 -193204 6704927 0 6704927 6109894 3182 -196386 -193204 6303098 0 6303098 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SECURITY DEPOSITS FOR TENANTS OF THE UNITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -196,386. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -196,386. 1 GPR II PROPERTIES LLC 1015 E PIKES PEAK AVE STE110 COLORADO SPRINGS CO 80918 133728 0 ASSISTANCE IN TEMPORARY RELOCATION COSTS 0 1 HOUSING PAYMENTS FOR LOW/MOD INCOME INDIVIDUALS 39 48987 HOUSEHOLD GOODS/FOOD TO LOW/MOD INCOME INDIVIDUALS 3086 298884 FMV FOOD, HOUSEHOLD GOODS PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY MAKING DIRECT HOUSING PAYMENTS TO VENDORS, FOR THE BENEFIT OF THE INDIVIDUALS. STAFF AND VOLUNTEERS DISBURSE THE HOUSEHOLD GOODS AND FOOD TO TENANTS RESIDING IN PROPERTIES OWNED OR MANAGED BY THE ORGANIZATION. 0 0 0 0 0 0 0 0 0 LEE PATKE EXECUTIVE DIRECTOR 159344 0 0 0 0 0 5138 0 403 0 164885 0 0 0 X 565 FMV X 16005 FMV X 93220 282314 FMV X LAND 1 900000 FMV X IMPUTED INTEREST 1 203671 FMV 0 1 0 SCH M PART I LINES 19, 25 COLUMN (B) FOR LINE 19, FOOD, REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 8B THE FINANCE COMMITTEE DOES NOT MAINTAIN MINUTES BUT THE FINANCIALS ARE PROVIDED TO THE BOARD AT LARGE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT EACH BOARD MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR BY COMPARING HIS COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS, IN COMPARABLE ORGANIZATIONS USING FORMS 990, COMPENSATION STUDIES, AND OTHER AVAILABLE DATA. THE BOARD THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON. GHU ATRIUM LLC 1015 E PIKES PEAK AVE STE 11 COLORADO SPRINGS CO 80903 SEE PART VII CO 0 -52 GRECCIO HOUSING UNLIMITED INC GRECCIO COMMERCIAL REAL ESTATE SERVICES LLC 1015 E PIKES PEAK AVE STE 11 COLORADO SPRINGS CO 80903 SEE PART VII CO 608414 47549 GRECCIO HOUSING UNLIMITED INC GHU RIDGE LLC 1015 E PIKES PEAK AVE STE 11 COLORADO SPRINGS CO 80903 SEE PART VII CO 0 -11 GRECCIO HOUSING UNLIMITED INC GHU SUNRISE LLC 1015 E PIKES PEAK AVE STE 11 COLORADO SPRINGS CO 80903 SEE PART VII CO 0 100 GRECCIO HOUSING UNLIMITED INC GHU HYBROOK LLC 1015 E PIKES PEAK AVE STE 11 COLORADO SPRINGS CO 80903 SEE PART VII CO 0 25000 GRECCIO HOUSING UNLIMITED INC SCHEDULE R, PART I, LINE 1, COLUMN (B) PRIMARY ACTIVITY GHU ATRIUM, LLC, GHU RIDGE, LLC, GHU SUNRISE, LLC AND GHU HOLBROOK, LLC ARE WHOLLY-OWNED SUBSIDIARY OF GRECCIO HOUSING UNLIMITED, INC. WHICH WERE FORMED FOR THE PURPOSE OF OWNING, INVESTING IN, AND DEVELOPING AFFORDABLE HOUSING. GRECCIO COMMERCIAL REAL ESTATE SERVICES, LLC IS A WHOLLY-OWNED SUBSIDIARY OF GRECCIO HOUSING UNLIMITED, INC. AND WAS FORMED FOR THE PURPOSE OF HOLDING AND MANAGING AFFORDABLE REAL PROPERTY.