2023-08-22T17:54:09-04:00 2023-03-31 208019714 JDS PROFESSIONAL GROUP 10303 E DRY CREEK RD STE 400 ENGLEWOOD CO 80112 990 2022-04-01 201484525 NEW CASTLE HOUSING CORPORATION NEWC 3034281448 7305 LOWELL BLVD STE 200 WESTMINSTER CO 80030 ARTURO ALVARADO EXECUTIVE DIRECTOR 3034281448 2023-08-22 true ARTURO ALVARADO 999009999 false LORI B BAUER CPA P01260252 3037710123 2023-08-22 2022 2023-04-26 12:10:37Z ARTURO ALVARADO 7305 LOWELL BLVD STE 200 WESTMINSTER CO 80030 241937 false X N/A X 2004 CO TO PROVIDE HUD SUBSIDIZED HOUSING TO THE ELDERLY IN NEW CASTLE, COLORADO. 5 5 0 5 0 137975 145213 63717 86799 10 9 12190 9916 213892 241937 0 0 48697 55528 0 0 268672 231970 317369 287498 -103477 -45561 1949913 1868478 292978 257104 1656935 1611374 TO PROVIDE HUD SUBSIDIZED HOUSING TO THE ELDERLY IN NEW CASTLE, COLORADO. false false 212643 86799 NEW CASTLE HOUSING CORPORATION PROVIDES SUBSIDIZED HOUSING TO THE ELDERLY IN NEW CASTLE, COLORADO. HOUSING WAS PROVIDED FOR TWENTY-FOUR CLIENTS. 212643 true true false false false false false false false false true false false true true true true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false true false false false false false true true false false true true true false true true true true false X THE ORGANIZATION 3034281448 7305 LOWELL BLVD 200 WESTMINSTER CO 80030 X STEPHANIE TEDY PRESIDENT 1.00 X X 0 0 0 LAUREN HORNETT VICE-PRESIDE 1.00 X X 0 0 0 ABELLA NAVARRO SECRETARY 1.00 X X 0 0 0 G LAVON SONNE TREASURER 1.00 X X 0 0 0 KAREN SMITH RESIDENT 1.00 X 0 0 0 false false false 145213 145213 NET RENTAL INCOME 85541 85541 OTHER RENT RELATED 1258 1258 86799 9 9 MISC 9916 9916 9916 241937 96715 9 46056 13482 32574 5627 5627 3845 3845 24315 24315 11538 11538 28998 22570 6428 70798 70798 74289 74289 13313 13313 MISC OPERATING EXPENSES 8719 8719 287498 212643 74855 0 150 150 26623 6875 5362 1502 629 1012 2950091 1193694 1830686 1756397 86463 102542 1949913 1868478 93322 57399 646 192000 192000 7010 7705 292978 257104 X 1656935 1611374 1656935 1611374 1949913 1868478 -45561 X false true X true true true X 133083 142632 149167 137975 145213 708070 80960 71961 71952 63717 86799 375389 214043 214593 221119 201692 232012 1083459 1083459 24 30 8 10 9 81 24 30 8 10 9 81 5761 5207 9074 12190 9916 42148 219828 219830 230201 213892 241937 1125688 0.96250 0.96560 0.00000 0.00000 X PART III, LINE 12 OTHER INCOME 42,148 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 250000 2668256 1166766 1501490 31835 26928 4907 1756397 REPLACEMENT RESERVES 94836 TENANT SECURITY DEPOSITS 7706 102542 TENANT SECURITY DEPOSITS 7705 7705 X 241937 241937 241937 287498 287498 287498 SCHEDULE D, PAGE 3, PART X THE PROJECT FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE PROJECT TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEAR ENDED MARCH 31, 2023, THE PROJECT'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN EFFECT OF ITS TAX-EXEMPT STATUS. FORM 990, PAGE 6, PART VI, LINE 3 COMMUNITY RESOURCES AND HOUSING DEVELOPMENT CORPORATION IS RESPONSIBLE FOR ALL ADMINISTRATIVE DUTIES, PROPERTY MAINTENANCE, CHECK DEPOSITING AND CASH DISBURSEMENT, AS WELL AS OTHER MANAGEMENT DUTIES NOT RELATED TO PROPERTY MANAGEMENT; ALSO IS THE EMPLOYER OF RECORD AND ISSUES PAYROLL & W-2'S. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND ACCOUNTING, THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY COMMUNITY RESOURCES AND HOUSING DEVELOPMENT CORPORATION'S (CRHDC) BOARD OF DIRECTORS AND HIS COMPENSATION IS APPROVED BY THE NEW CASTLE HOUSING CORPORATION'S BOARD OF DIRECTORS. NO OFFICERS ARE COMPENSATED BY NEW CASTLE HOUSING CORPORATION. FORM 990, PAGE 6, PART VI, LINE 15B KEY EMPLOYEES AND OTHER EMPLOYEES ARE REVIEWED BY THE EXECUTIVE DIRECTOR OF COLORADO RURAL HOUSING DEVELOPMENT CORPORATION AND COMPENSATION IS APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION FILES FORM 990 AND MAKES THE FORM PUBLICLY AVAILABLE FOR A PERIOD OF THREE YEARS FROM THE DATE IT IS ACTUALLY FILED. COMMUNITY RESOURCES AND HOUSING 7305 LOWELL BLVD WESTMINSTER CO 80030 237102834 HOUSING CO 501C3 10 N/A false CASAS DE RIO GRANDE 7305 LOWELL BLVD WESTMINSTER CO 80030 134257671 HOUSING CO 501C3 10 N/A false false false false false false false false false false false false false true false false true false false false COMMUNITY RESOURCES AND HOUSING P 103155 CASH COMMUNITY RESOURCES AND HOUSING M 24315 CONTRACT