2026-08-17T19:52:46-05:00 2025-09-30 824439676 HBME LLC 559 WEST 500 SOUTH BOUNTIFUL UT 84010 990PF 2024-10-01 853959641 IVORY INNOVATIONS IVOR 8017477000 978 WOODOAK LANE SALT LAKE CITY UT 84117 CHARLES PORTER OPENSHAW DIRECTOR 8013233350 2026-08-17 1 1 TED C GARDINER P01082839 8012960200 2026-08-17 2024 2025-03-06 01:10:19Z X 62264470 X 144500 1658 1658 1658 423756 423756 423756 80933 80933 830 650847 506347 426244 1066139 0 0 1066139 127216 0 0 127216 1575 0 0 1575 7630 0 0 7630 233550 0 0 233550 86146 86146 0 0 70285 0 0 70285 225575 9690 0 215885 1818116 95836 0 1722280 0 0 1818116 95836 0 1722280 -1167269 410511 426244 1176519 409723 409723 106919 0 218900 106919 106919 9113610 5189852 5707409 3630921 4737401 3630921 3630921 46798988 38893000 46798988 46798988 6014394 5610510 5610510 60153824 61746913 62264470 69397 2829755 69397 2829755 X 0 0 0 0 60084427 58917158 60084427 58917158 60153824 61746913 60084427 -1167269 0 58917158 0 58917158 GOLDMAN SACHS S/T GAINS 830 830 GOLDMAN SACHS L/T GAINS 80103 80103 80933 830 5706 0 5706 0 5706 3000 0 0 0 3000 268 2974 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 IVORYINNOVATIONS.ORG PORTER OPENSHAW 8017477000 978 WOODOAK LANE SALT LAKE CITY UT 84117 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CLARK IVORY 978 WOODOAK LANE SALT LAKE CITY UT 84117 DIRECTOR AND PRESIDENT 1.00 0 0 0 ABBY IVORY 978 WOODOAK LANE SALT LAKE CITY UT 84117 DIRECTOR 1.00 0 0 0 CHARLES PORTER OPENSHAW 978 WOODOAK LANE SALT LAKE CITY UT 84117 DIRECTOR AND CHIEF FINANCIAL OFFICER 12.00 75199 0 0 JENNA RACHEL LOUIE 15 MARINER GREEN DR CORTE MADERA CA 94925 CHIEF INNOVATION AND 40.00 259968 0 0 CHADWICK J REED 419 K STREET SALT LAKE CITY UT 84103 DIRECOTR OF PROGRAMS 40.00 119523 0 0 AMRO AL-NIMRI 2191 S MCCLELLAND ST APT 472 SALT LAKE CITY UT 84106 DIRECTOR OF CONSTRUC 40.00 90908 0 0 TYLER NELSON 1808 W RAND RD FARMINGTON UT 84025 DIRECTOR OF ASSET MA 22.00 86100 0 0 0 HADCO CONSTRUCTION 1450 W 1850 N LEHI UT 84043 CONSTRUCTION 884180 CHOURNOS CONCRETE LLC 7228 S HAROLDS WAY SOUTH WEBER UT 84405 CONCRETE WORK 174305 ZWICK CONSTRUCTION COMPANY 434 W ASCENSION WAY STE 150 MURRAY UT 84123 CONSTRUCTION 162109 K-BELL PLUMBING AND HEATING 1676 W 2100 S ST WEST HAVEN UT 84401 HVAC 127570 THATCHER & COMPANY INC 1905 FORTUNE RD SALT LAKE CITY UT 84104 CONSULTING 55000 0 IN ACCORDANCE WITH REV PROC 93-32, WE PROVIDE HOUSING TO LOW AND VERY LOW INCOME INDIVIDUALS WHOSE INCOME IS 50%, 60% OR 80% OF THE AREA MEADIAN INCOME. 1650826 THE IVORY PRIZE IS AN ANNUAL AWARD RECOGNIZING AMBITIOUS, FEASIBLE, AND SCALABLE SOLUTIONS TO HOUSING AFFORDABILITY. THE PRIZE IS DESIGNED TO AWARD INNOVATORS FOR THEIR EFFORTS AND PROVIDE MATERIAL SUPPORT TO ADVANCE THEIR PROJECTS. THE SEARCH COMMITTEE LOOKS FOR SOLUTIONS THAT COMBINE ELEMENTS OF FINANCE, POLICY, AND DESIGN/CONSTRUCTION. INNOVATORS INCLUDE SMALL AND LARGE SCALE COMPANIES, NON-PROFITS, OR GOVERNMENT ENTITIES. THIS ALSO INCLUDES THE HACK-A-HOUSE PROGRAM. HACK-A-HOUSE PATHWAY EDUCATION PROGRAM IS DEDICATED TO CATALYZING HIGH IMPACT INNOVATIONS IN HOUSING AFFORDABILITY WHICH SEEKS TO PROMOTE THE MOST COMPELLING IDEAS IN HOUSING AFFORDABILITY BY WORKING ACROSS SECTORS, PROVIDING MONETARY AWARDS FOR GROUNDBREAKING INNOVATIONS AND LEVERAGING ITS NETWORK AND RESOURCES. 71454 0 6854304 505402 3630921 10990627 0 0 10990627 164859 10825768 541288 X 1722280 0 7502104 9224384 0 0 0 980778 980778 0 0 0 0 0 0 0 980778 0 0 0 0 0 0 0 980778 980778 2021-10-25 X 426244 479552 653881 0 1559677 362307 407619 555799 0 1325725 9224384 6018534 1985523 980778 18209219 0 0 0 0 0 9224384 6018534 1985523 980778 18209219 0 0 360859 499470 661700 643776 2165805 0 0 0 0 CLARK IVORY X 0 0 14 1658 14 423756 18 80933 0 506347 0 506347 0 0 0 0 0 0 0 0 0 0 X X 1 BUILDER FIRST SOURCE 4711 W 1730 S SALT LAKE CITY UT 84104 35000 X 2 SOFTWOOD LUMBER 10350 N VANCOUVER WAY 163 PORTLAND OR 97217 10000 X 3 WAFD 405 S MAIN ST SUITE 100 SALT LAKE CITY UT 84111 10000 X 4 ZIONS BANK 1 S MAIN STREET SALT LAKE CITY UT 84133 50000 X 5 CANDEX 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 4500 X 6 CHF 630 MEDICAL DR BOUNTIFUL UT 84010 5000 X 7 IVORY SUMMIT 978 WOODOAK LANE SALT LAKE CITY UT 84117 5000 X TAX SERVICES 7630 0 0 7630 CORRECTIVE ACTION STATEMENT, ACT NO. 1 FORM 4720, SCHEDULE A, PART 1 PAYMENTS WERE MADE BY THE FOUNDATION RELATED TO THE IMPROVEMENT OF A ROAD NEXT TO LOW-INCOME HOUSING BEING BUILT BY THE FOUNDATION AND FOR THE BENEFIT OF THE PUBLIC. THESE PAYMENTS WERE ROUTINE FAIR MARKET VALUE PAYMENTS OF THE TYPE COMMONLY MADE BY PROPERTY DEVELOPERS, WHICH ASSUME REIMBURSEMENT BY OTHER PARTIES THAT SHARE THE ROAD BEING IMPROVED. FOUNDATION PERSONNEL QUICKLY IDENTIFIED THAT A PARTY THAT SHOULD BE MAKING A REIMBURSEMENT PAYMENT WAS A DISQUALIFIED PERSON THAT ALSO BENEFITTED FROM IMPROVEMENT OF THE ROAD. IN ORDINARY CIRCUMSTANCES A PARTY IN THE FOUNDATION'S SHOES WOULD BE EXPECTED TO PAY HALF OF THE IMPROVEMENT COSTS ASSOCIATED WITH THIS ROAD. AND THERE IS SOME AUTHORITY SUGGESTING THAT A FOUNDATION CAN SHARE IN ROAD CONSTRUCTION COSTS SO LONG AS FUNDS FROM DISQUALIFIED PERSONS AND FOUNDATIONS ARE NOT PAID TO EACH OTHER.NEVERTHELESS, GIVEN THE FACTS HERE, IN AN ABUNDANCE OF CAUTION THE DISQUALIFIED PERSON AGREED TO CORRECT BY PAYING THE FULL AMOUNT OF THE IMPROVEMENT OF THE ROAD, PLUS INTEREST TO THE FOUNDATION, EVEN THOUGH A SMALLER AMOUNT MIGHT HAVE SATISFIED THE DISQUALIFIED PERSON'S DUTY TO CORRECT. A FINAL CORRECTION PAYMENT OF $22,824.46 WAS MADE AFTER CONSULTING COUNSEL TO ACCOUNT FOR REQUIREMENTS IN REG 53.4941(E)-1(C)(4)(I)(A). IN ADDITION, FOUNDATION PERSONNEL HAVE RECEIVED ADDITIONAL TRAINING TO AVOID SIMILAR SITUATIONS ARISING IN THE FUTURE. INVESTMENT ACCOUNTS 5189852 5707409 LEGAL 1575 0 0 1575 CONSTRUCTION IN PROGRESS 6014394 5445510 5445510 OTHER ASSETS 165000 165000 ADMIN EXPENSE 108418 0 0 108418 BROKERAGE FEES 9690 9690 0 0 MEALS 4197 0 0 4197 DUES AND SUBSCRIPTIONS 35852 0 0 35852 MARKETING EXPENSE 62011 0 0 62011 CREDIT CARDS 5407 0 0 5407 CONSULTING EXPENSE 233207 0 0 233207 INSURANCE 343 0 0 343 REAL PROPERTY TAX - INVESTMENT 86146 86146 0 0