2023-09-25T08:05:25-05:00 2023-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2022-07-01 382261258 AUSABLE VALLEY APARTMENTS INC AUSA 9898608080 4100 PIER NORTH BLVD A FLINT MI 48504 TIMOTHY KALBFLEISCH SENIOR VICE PRESIDENT/CFO 9898608080 2023-09-14 1 TIMOTHY KALBFLEISCH 999009999 1 AMBER RATHBUN CPA P01786612 5173237500 2023-09-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TIMOTHY KALBFLEISCH 4100 PIER NORTH BLVD A FLINT MI 48504 467915 0 X N/A X 1979 MI RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING 7 7 0 7 0 0 0 0 441526 466597 64 1318 371 0 441961 467915 0 0 0 0 49840 47813 0 0 0 386851 398634 436691 446447 5270 21468 1368379 1389426 1752751 1752330 -384372 -362904 RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING 0 0 245767 466597 RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDING. 245767 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 MI X JODIE LAWMASTER 9898608080 4100 PIER NORTH BLVD A FLINT MI 48504 X KAREN STORCK DIRECTOR 1.00 0.20 X 0 0 0 AMY BENKO DIRECTOR 1.00 0.20 X 0 0 0 PAUL NYQUIST DIRECTOR 1.00 0.20 X 0 0 0 CARL SCHOENOW DIRECTOR 1.00 0.20 X 0 0 0 RITCH CUSHWAY CHAIR 1.00 0.20 X X 0 0 0 PETER J BENDER TREASURER/SECRETARY 1.00 0.20 X X 0 0 0 DAVID M GEHM PRESIDENT/CEO 1.00 0.20 X X 0 0 0 TIMOTHY KALBFLEISCH SR. VP FINANCE/CFO 1.00 0.80 X 0 0 0 0 0 0 0 0 0 0 0 RENT REVENUE 531110 450770 450770 CABLE REVENUE 531390 8259 8259 LAUNDRY REVENUE 531390 5359 5359 OTHER TENANT FEES 531390 2209 2209 466597 1318 1318 467915 466597 0 1318 47388 47388 26 26 259 259 140 140 22758 22758 7021 7021 4598 4598 4945 4945 2351 2351 7190 3020 4170 60514 60514 32923 32923 49196 42177 7019 UTILITIES 91080 86490 4590 REPAIR AND MAINTENANCE 41419 41419 RESIDUAL RECEIPTS RECAP 34217 34217 CONTRACTED SERVICES 33162 33162 7260 6151 1109 446447 245767 200680 0 56529 60659 5326 5009 20500 27095 3342222 2479503 895642 862719 390382 433944 1368379 1389426 216441 247223 1515215 1483659 21095 21448 1752751 1752330 X -384372 -362904 -384372 -362904 1368379 1389426 21468 0 X 0 1 X 1 1 1 X 432807 424548 444876 441526 466597 2210354 432807 424548 444876 441526 466597 2210354 0 0 0 2210354 169 175 112 64 1318 1838 169 175 112 64 1318 1838 85 103 1700 371 2259 433061 424826 446688 441961 467915 2214451 0.99810 0.99860 0.00080 0.00030 X 43873 43873 2828756 2090576 738180 176873 175014 1859 82376 82376 0 210344 131537 78807 862719 REPAIR & REPLACEMENT RESERVE 137884 TENANT SECURITY DEPOSITS 20720 ESCROW DEPOSITS 29188 RESIDUAL RECEIPTS RESERVE 246152 433944 TENANT SECURITY DEPOSITS 20720 PREPAID RENT 728 21448 X 467915 0 467915 0 467915 446447 0 446447 0 446447 PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS EMPLOYED FOR DAY-TO-DAY OPERATION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS AUSABLE VALLEY CONTINUING CARE RETIREMENT COMMUNITY, INC. DBA WELLSPRING LUTHERAN SERVICES, FORMERLY DBA AUSABLE VALLEY COMMUNITY, FORMERLY KNOWN AS AUSABLE VALLEY NURSING HOME, INC., A MICHIGAN NONPROFIT, NONSTOCK CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE EXCLUSIVE POWER TO ELECT OR REPLACE AND TO REMOVE, WITH OR WITHOUT CAUSE, DIRECTORS OF THE CORPORATION. THE SOLE MEMBER ALSO HAS THE POWER TO ELECT DIRECTORS TO FILL VACANCIES ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER HAS THE EXCLUSIVE POWER TO AMEND OR REPEAL THE BYLAWS OR ADOPT NEW BYLAWS OF THE CORPORATION, AND TO APPROVAL ALL AMENDMENTS OF THE ARTICLES OF INCORPORATION AND ALL RESTARTED ARTICLES OF INCORPORATION. THE SOLE MEMBER HAS THE RIGHT TO VOTE ON ALL MATTERS IN WHICH THE VOTE OF MEMBERS WITH VOTING RIGHTS IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, AND THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND SIGNED BY THE BOARD PRESIDENT OR CFO. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COLLECTED IN THE BEGINNING OF EACH NEW BOARD YEAR. THE FORMS ARE REVIEWED BY THE CEO. IF A CONFLICT EXISTS, THE CEO REVIEWS WITH THE BOARD CHAIR AND DETERMINES THE APPROPRIATE ACTION, WHICH IS TYPICALLY TO REMOVE THE INDIVIDUAL FROM THE POSITION OF CONFLICT FOR THE SPECIFIC TRANSACTION/PROCESS. 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 AT THE CORPORATE OFFICE OF WELLSPRING LUTHERAN SERVICES BY CONTACTING THE CHIEF FINANCIAL OFFICER. AUSABLE VALLEY CONTINUING CARE RETIREMENT COMMUNITY INC 4100 PIER NORTH BLVD STE A FLINT MI 48504 382236926 NURSING CARE MI 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0