2023-07-12T13:27:20-05:00 2023-03-31 921420131 CBIZ SOMERSET 3925 RIVER CROSSING PKWY STE 100 INDIANAPOLIS IN 46240 990 2022-04-01 351992143 COMMUNITY REINVESTMENT FOUNDATION XI INC COMM 3175542100 2498 PERRY CROSSING WAY 260 PLAINFIELD IN 46168 DAVID COOPER PRESIDENT 3175542100 2023-07-12 1 DAVID COOPER 999009999 0 XIAOLIN SHI CPA P01394394 3174722200 2023-07-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PROVIDENCE PLACE OF MARION APARTMENTS DAVID COOPER 2498 PERRY CROSSING WAY 260 PLAINFIELD IN 46168 195407 0 5168 X WWW.CRF.NET X 1996 IN TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS. OWNS AND OPERATES A 25 UNIT APARTMENT COMMUNITY IN MARION, INDIANA. 5 4 0 0 0 0 0 0 202948 195394 12 13 0 0 202960 195407 0 0 0 0 55723 49703 0 0 0 183394 183108 239117 232811 -36157 -37404 1318417 1281061 21138 21186 1297279 1259875 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME PERSONS. 0 0 232811 195394 PROVIDED AFFORDABLE HOUSING TO SENIOR LOW INCOME INDIVIDUALS. COMMUNITY REINVESTMENT FOUNDATION XI, INC. OWNS AND OPERATES A 25 UNIT APARTMENT COMMUNITY FOR SENIORS LOCATED IN MARION, INDIANA. THE RENTS CHARGED TO LOW INCOME SENIORS ARE SUBSIDIZED AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 232811 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 IN X CRF AFFORDABLE HOUSING INC 3175542100 2498 PERRY CROSSING WAY 260 PLAINFIELD IN 46168 DAVID COOPER PRESIDENT 0.00 40.00 X X 0 299012 10103 TIM SHROUT DIRECTOR 0.00 0.00 X 0 0 0 TIM PAINO SECRETARY AND TREASURER 0.00 0.00 X X 0 0 0 ADAM BOCIK DIRECTOR 0.00 0.00 X 0 0 0 WILLIAM TIBBETS DIRECTOR 0.00 0.00 X 0 0 0 0 299012 10103 1 0 1 0 0 AFFORDABLE HOUSING REN 531110 191714 191714 LAUNDRY AND VENDING 531110 2711 2711 TENANT CHARGES 531110 909 909 MISCELLANEOUS 531110 60 60 195394 13 13 195407 195394 0 13 40316 40316 7589 7589 1798 1798 17100 17100 13275 13275 491 491 8851 8851 168 168 9 9 49483 49483 12994 12994 MAINT SUPPLIES & CONTRA 40531 40531 UTILITIES 23025 23025 OTHER 7186 7186 REAL ESTATE TAXES 5083 5083 4912 4912 232811 232811 0 0 1405 13448 8065 8066 11054 0 1961335 859883 1150935 1101452 146958 158095 1318417 1281061 12033 10915 1695 3357 7410 6914 21138 21186 X -652421 -689825 1949700 1949700 1297279 1259875 1318417 1281061 -37404 0 X 0 1 X 0 1 1 X 177207 174242 193759 202948 195394 943550 177207 174242 193759 202948 195394 943550 0 0 0 943550 41 41 27 12 13 134 41 41 27 12 13 134 177248 174283 193786 202960 195407 943684 0.99990 0.99980 0.00010 0.00020 X 28300 28300 1881242 814220 1067022 51793 45663 6130 1101452 RESIDUAL RECEIPTS ESCROW 3753 REPLACEMENT RESERVE 120439 TAX ESCROW 33903 158095 TENANT SECURITY DEPOSIT LIABILITY 6914 6914 195407 0 195407 0 195407 232811 0 232811 0 232811 0 0 0 0 0 0 0 0 0 DAVID COOPER PRESIDENT 0 148064 0 140948 0 10000 0 10103 0 0 0 309115 0 0 PART 1, LINE 3 ALL COMPENSATION FOR TOP MANAGEMENT POSITIONS, EXCLUSIVE OF THE PRESIDENT, IS PRESENTED TO THE BOARD OF DIRECTORS BY RECOMMENDATION OF THE PRESIDENT THROUGH THE ANNUAL BUDGETING PROCESS. COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS AFTER CONSIDERATION OF COMPENSATION PAID BY COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 3 A RELATED PARTY MANAGEMENT AGENT IS PAID A FEE BASED ON A PERCENTAGE OF INCOME COLLECTIONS, AS APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, TO MANAGE THE DAY TO DAY OPERATIONS OF THE APARTMENT COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY STAFF IN CONJUNCTION WITH OUR CERTIFIED PUBLIC ACCOUNTING FIRM AND REVIEWED BY LEGAL COUNSEL. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE PRESIDENT AND DIRECTOR OF ACCOUNTING SERVICES FOR ACCURACY. THE PRESIDENT MEETS WITH THE REMAINING OFFICERS OF THE CORPORATION FOR REVIEW. THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR COMMENT BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. ANNUALLY ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT ADDRESSES POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION FOR TOP MANAGEMENT POSITIONS, EXCLUSIVE OF THE PRESIDENT, IS PRESENTED TO THE BOARD OF DIRECTORS BY RECOMMENDATION OF THE PRESIDENT THROUGH THE ANNUAL BUDGETING PROCESS. COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS AFTER CONSIDERATION OF COMPENSATION PAID BY COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION PROVIDES COPIES OF FORM 1023, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC DAVID COOPER - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. TIM SHROUT - 170 N. PERRY ROAD, STE. 198, PLAINFIELD, IN 46168. TIM PAINO - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. ADAM BOCIK - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. WILLIAM TIBBETS - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. CRF AFFORDABLE HOUSING INC 2498 PERRY CROSSING WAY 260 PLAINFIELD IN 46168 474379637 PROP. MANAGEMENT IN 501(C)(3) LINE 10 N/A 0 COMM REINVESTMENT FOUNDATION 2498 PERRY CROSSING WAY 260 PLAINFIELD IN 46168 351856444 PROP. MANAGEMENT IN 501(C)(3) LINE 12A, I N/A 0 CRF II CLOVERLEAF APTS I 835 CLOVERLEAF TERRACE INDIANAPOLIS IN 46241 351870897 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 CRF X CLOVERLEAF APTS III 835 CLOVERLEAF TERRACE INDIANAPOLIS IN 46241 351986796 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 CRF XII PROV PL BLOOMINGTON 2520 ROCKPORT ROAD BLOOMINGTON IN 47401 351992145 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 CRF XIV PROV PL BLOOMINGTON II 2520 ROCKPORT ROAD BLOOMINGTON IN 47401 204067007 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 CRF XV PROV PL MARION II 1821 W BRADFORD ST MARION IN 46952 204067142 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 CRF XV PROV PL MARION III 1821 W BRADFORD ST MARION IN 46952 364598241 LOW-INCOME HOUSING IN 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0