2023-08-09T13:10:14-05:00 2022-12-31 271235638 MCM CPAS & ADVISORS LLP 702 NORTH SHORE DRIVE 500 JEFFERSONVILLE IN 471303104 990 2022-01-01 351112746 LINCOLN HILLS DEVELOPMENT CORPORATION LINC 8125473435 PO BOX 336 TELL CITY IN 475860336 CORNELIUS STAHLY TREASURER 8125473435 2023-08-02 1 CORNELIUS STAHLY 999009999 0 THERESA BATLINER CPA P00543162 8126703400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CORNELIUS STAHLY PO BOX 336 TELL CITY IN 475860336 13064435 0 X WWW.LHDC.ORG X 1965 IN LHDC IS THE DESIGNATED COMMUNITY ACTION AGENCY FOR CRAWFORD, PERRY, AND SPENCER COUNTIES, LHDC EXISTS TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE. IN ADDITION TO CRAWFORD, PERRY, AND SPENCER COUNTIES, LHDC ALSO OFFERS SERVICES IN DUBOIS, GIBSON, HARRISON, LAWRENCE, ORANGE, VANDERBURGH, AND WARRICK COUNTIES. 21 21 174 156 0 0 7644985 8487810 3938732 4513595 1477 2806 77088 48369 11662282 13052580 982306 1411822 0 0 6019197 6118986 0 0 51033 4665897 5273077 11667400 12803885 -5118 248695 12098102 11970888 3476706 3100797 8621396 8870091 X REDUCING POVERTY TO IMPROVE LIVES AND COMMUNITIES IN SOUTHERN INDIANA. 0 0 6824878 4542346 DURING 2022, THE HEAD START BIRTH TO 5 PROGRAM PROVIDED COMPREHENSIVE EDUCATION, MEDICAL, NUTRITION, HEALTH AND SOCIAL SERVICES FOR A FUNDED ENROLLMENT OF 371 PRESCHOOL CHILDREN SERVED THROUGH 15 CLASS SESSIONS LOCATED IN SEVEN CENTERS THROUGHOUT CRAWFORD, HARRISON, PERRY, AND SPENCER COUNTIES. 458605 DURING 2022, 5 FAMILIES IN CRAWFORD, PERRY AND SPENCER COUNTIES RECEIVED HOME WEATHERIZATION SERVICES. ALL HOMES RECEIVED BASIC ENERGY CONSERVATION SERVICES WHICH REDUCES LONG TERM ENERGY BILLS. IN THE ENERGY ASSISTANCE PROGRAM, 1,783 LOW INCOME DISABLED AND ELDERLY HOUSEHOLDS (3,202 INDIVIDUALS) RECEIVED ASSISTANCE IN PAYMENT OF THEIR WINTER HEATING BILLS; 398 HOUSEHOLDS (87-INDIVIDUALS) WERE WERVED IN THE WATER ASISTANCE PROGRAM; 12 OWNER OCCUPIED AND AT-RISK HOUSEHOLDS HAD HEAT RESTORED THROUGH A REPAIR OR FULL REPLACEMENT. 1569143 1411822 DURING 2022, THE STATE SECTION 8 PROGRAM PROVIDED HOUSING ASSISTANCE PAYMENTS TO 1,170 INDIVIDUALS IN CRAWFORD, GIBSON, SPENCER, VANDERBURGH AND WARRICK COUNTIES. 1584078 THE ORGANIZATION RECEIVES FUNDING FROM VARIOUS AGENCIES TO PROVIDE SERVICES TO LOW INCOME, ELDERLY, AND HANDICAPPED INDIVIDUALS. 1584078 10436704 1 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 176 0 1 174 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X RANDAL DENNISON JR 8125473435 302 MAIN STREET TELL CITY IN 475860336 JOAN HESS DIRECTOR 1.00 X 0 0 0 CINDY MAY DIRECTOR 1.00 X 0 0 0 TERRY DAVIS DIRECTOR 1.00 X 0 0 0 JIM SCHULTZ DIRECTOR 1.00 X 0 0 0 CLAYTON JEFFORD DIRECTOR 1.00 X 0 0 0 FR ANTHONY VINSON DIRECTOR 1.00 X 0 0 0 REBECCA WALTS DIRECTOR 1.00 X 0 0 0 PAM THOMPSON DIRECTOR 1.00 X 0 0 0 BOB COMPTON DIRECTOR 1.00 X 0 0 0 LUCY GOFFINET DIRECTOR 1.00 X 0 0 0 DARWIN GROVES DIRECTOR 1.00 X 0 0 0 LOUISE WRIGHT DIRECTOR 1.00 X 0 0 0 NICK SILER DIRECTOR 1.00 X 0 0 0 LANA HARTZ DIRECTOR 1.00 X 0 0 0 PARKER HUDSON DIRECTOR 1.00 X 0 0 0 EMILY JAMES DIRECTOR 1.00 X 0 0 0 ANJAN KASHYAB DIRECTOR 1.00 X 0 0 0 JEFF HAGEDORN PRESIDENT 1.00 X X 0 0 0 JILL KAETZEL VICE PRESIDENT 1.00 X X 0 0 0 NEAL STAHLY TREASURER 1.00 X X 0 0 0 JASON WOLF SECRETARY 1.00 X X 0 0 0 RANDAL DENNISON JR EXECUTIVE DIRECTOR 35.00 X 137541 0 23030 DAVID LOW CHIEF FINANCIAL OFFICER 35.00 X 11625 0 2130 SHANNON SPRINKLE CHIEF FINANCIAL & HR OFFICER 35.00 X 105667 0 14612 254833 0 39772 2 0 1 0 VALLEY SUPPLY 838 7TH STREET TELL CITY IN 47586 HEATING AND AIR 101760 1 8487810 8487810 HOUSING REVENUE 624200 2858769 2858769 LINCOLN VILLAGE APTS 624200 495639 495639 HOUSING FOR THE ELDERL 624200 471049 471049 VILLAGE APTS OF CORYDO 624200 282687 282687 VILLAGE APTS OF CORYDO 624200 227835 227835 177616 177616 4513595 2806 2806 31473 11855 19618 19618 MISCELLANEOUS INCOME 900099 28751 28751 28751 13052580 4542346 0 22424 1411822 1411822 294606 294606 4059210 3450999 570484 37727 119542 107627 10949 966 1297119 1097835 189528 9756 348509 288016 57909 2584 218671 205965 12706 4867 4867 90402 381 90021 86900 86900 37104 100 37004 913818 636896 276922 180283 18102 162181 988314 863547 124767 63947 55878 8069 95555 95555 583211 346250 236961 EQUIPMENT MAINTENANCE 585449 535950 49499 HOUSING PROJECT TRANSFE 530232 530232 FOOD 214176 214176 REPAIRS AND MAINTENANCE 205422 197746 7676 474726 287860 186866 12803885 10436704 2316148 51033 611552 239254 216163 433577 410125 592339 18741 21218 13039 12285 19275752 12649891 6464794 6625861 428588 374008 2188147 2188147 1490 18 1745463 1484181 12098102 11970888 874023 924490 41620 27317 2143732 1983990 417331 165000 3476706 3100797 X 8621396 8870091 8621396 8870091 12098102 11970888 248695 0 X X 0 1 X 1 1 1 X 9362576 8926871 8293945 6839329 8487810 41910531 9362576 8926871 8293945 6839329 8487810 41910531 41910531 9655 14013 6318 1477 2806 34269 41944800 16050647 0.99920 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 323 323 12803562 12803885 790194 197549 0 0 614478 590697 624463 790194 2619832 3929748 370 151 323 844 153620 147674 156116 197549 654959 982439 1497881 1497881 14812880 11849047 2963833 2964991 800844 2164147 6625861 INVESTMENT IN LINCOLN MANOR OF HOLLAND 213909 C INVESTMENT IN COUNTRY PLACE APARTMENTS -89948 C INVESTMENT IN HARTFORD PLACE APARTMENTS, LP -517518 C INVESTMENT IN CHANDLER HEIGHTS ASSOCIATES, LTD -73224 C INVESTMENT IN COTTON MILL APARTMENTS, LP 2654928 C 2188147 NOTES RECEIVABLE - RELATED PARTIES 1195110 RESERVE FOR REPLACEMENTS 211907 TENANT SECURITY DEPOSITS 66766 RESIDUAL RECEIPTS 10398 1484181 STATE GRANT OBLIGATIONS 165000 165000 X PART X, LINE 2: LHDC IS A NON-PROFIT CORPORATION INCORPORATED UNDER THE LAWS OF THE STATE OF INDIANA AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. LHDC'S SUBSIDIARY, LINCOLN MANOR APARTMENTS, INC., IS ORGANIZED AS A REGULAR C CORPORATION, AND CONSEQUENTLY IS SUBJECT TO FEDERAL, STATE, AND LOCAL INCOME TAX ON THEIR EARNINGS AND PROFITS. WITH RESPECT TO THIS CORPORATION, THERE WAS NO SIGNIFICANT OPERATING ACTIVITY DURING THE YEAR ENDED DECEMBER 31, 2021. THEREFORE, NO INCOME TAX PROVISION HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2022. ADDITIONALLY, THERE ARE NO SIGNIFICANT TIMING DIFFERENCES BETWEEN CONSOLIDATED FINANCIAL STATEMENT REPORTING AND INCOME TAX REPORTING. THEREFORE, NO PROVISION HAS BEEN RECORDED FOR DEFERRED TAXES. THIS CORPORATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION. FASB ASU NO. 2009-6 DEFINES TAX POSITIONS APPLICABLE TO PASS-THROUGH ENTITIES, SUCH AS S CORPORATIONS, PARTNERSHIPS, AND LIMITED LIABILITY COMPANIES, AND ONLY REQUIRES INCOME TAXES ATTRIBUTED TO THE REPORTING ENTITY AND NOT THE INDIVIDUAL OWNERS TO BE CONSIDERED TAX POSITIONS. THIS ENTITY RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE FASB ACCOUNTING STANDARDS CODIFICATION. LHDC GOLF OUTING 13377 13377 800 2128 1312 1301 LHDC HALF POT 5189 5189 2628 300 5 12907 12907 3386 31473 31473 3428 2128 1312 4987 11855 19618 1 ASSISTANCE TO INDIVIDUALS FOR HOUSING, UTILITIES, CRISIS SITUATIONS, PHYSICALS, AND EMERGENCY SHELTER. 1174 1411822 PART I, LINE 2: ALL OF THE ORGANIZATION'S PROGRAMS HAVE MONITORING REVIEWS SPECIFIC TO THE PROGRAMS BY THE FUNDING SOURCE TO ENSURE MONIES ARE SPENT PROPERLY. ADDITIONALLY, THE ORGANIZATION UNDERGOES AN AUDIT EACH YEAR. X X X 0 0 0 0 0 0 0 0 0 RANDAL DENNISON JR EXECUTIVE DIRECTOR 137541 0 0 0 0 0 5763 0 17267 0 160571 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE COMMITTEE, IN WHICH IT IS REVIEWED BY THE COMMITTEE TO DETERMINE THAT ALL REQUIRED TAX AND INFORMATION RETURN FILINGS WITH THE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES ARE CURRENT AND IN COMPLIANCE WITH REPORTING REQUIREMENTS. THE 990 RETURN IS PROVIDED IN THE BOARD PACKET TO THE ENTIRE BOARD FOR REVIEW BEFORE SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS IN ORDER TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. NO EMPLOYEE OF THE CORPORATION MAY SERVE ON THE BOARD OF DIRECTORS. NO FEDERAL OR STATE EMPLOYEE MAY SERVE ON THE BOARD OF DIRECTORS IN A CAPACITY WHICH WILL REQUIRE HIM/HER TO ACT AS AN AGENT OR REPRESENTATIVE FOR THE CORPORATION IN ITS DEALINGS WITH THE FEDERAL OR STATE AGENCY WHICH EMPLOYS HIM/HER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY AND APPROVED BY THE BOARD OF DIRECTORS, AND ALL OTHER EMPLOYEES' COMPENSATION ARE REVIEWED ANNUALLY AND APPROVED BY THE CHIEF OPERATING OFFICER AND THE EXECUTIVE DIRECTOR. SEVERAL SOURCES ARE USED FOR COMPARABILITY INCLUDING THE SALARY SURVEY REPORT OF COMMUNITY ACTION AGENCIES PREPARED BY THE CENTER FOR COMMUNITY FUTURES AND INDIANA COMMUNITY ACTION NETWORK OF SALARY SURVEYS. SALARY SURVEYS ARE USED ALONG WITH OTHER SOURCES. 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 AT ITS BUSINESS OFFICE LOCATED IN TELL CITY, INDIANA. FORM 990, PAGE 12, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS TAKES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. LINCOLN MANOR OF HOLLAND LP PO BOX 336 TELL CITY IN 47586 352059589 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN LINCOLN HILLS DEVELOPMENT CORP RELATED -25332 274043 0 0 0.99990 COTTON MILL APARTMENTS LP 302 MAIN STREET TELL CITY IN 47586 352072194 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN LINCOLN HILLS DEVELOPMENT CORP RELATED -92760 1483165 0 0 0.99990 COUNTRY PLACE APARTMENTS VI LTD PO BOX 336 TELL CITY IN 47586 351504740 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN N/A RELATED 16475 714621 0 1 0.99990 HARTFORD PLACE APARTMENTS LP PO BOX 336 TELL CITY IN 47586 351900498 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN LINCOLN HILLS DEVELOPMENT CORP RELATED -3854 404538 0 1 0.99000 CHANDLER HEIGHTS ASSOCIATES LTD 302 MAIN STREET TELL CITY IN 47586 351523031 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED. IN LINCOLN HILLS DEVELOPMENT CORP RELATED 19206 448254 0 1 0.95000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0