2024-04-10T09:16:46-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 592527684 PEACE RIVER CENTER PROPERTIES INC PEAC 8635190575 P O BOX 1559 BARTOW FL 338311559 DAVID TOURNADE SECRETARY 8635190686 2024-04-06 1 DAVID TOURNADE 999009999 1 TINA HENTON P00630282 4078021200 2024-04-05 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID TOURNADE P O BOX 1559 BARTOW FL 338311559 233549 0 X N/A X 1985 FL PROVIDES LOW INCOME HOUSING AND A GROUP HOME FOR ADULTS WITH MENTAL ILLNESS 5 4 0 2 0 0 0 0 235556 230971 2 3 0 2575 235558 233549 0 0 0 0 66640 74533 0 0 0 140950 161122 207590 235655 27968 -2106 319584 312502 276062 246433 43522 66069 THE ORGANIZATION PROVIDES LOW INCOME HOUSING AND A GROUP HOME FOR ADULTS WITH MENTAL ILLNESS IN FLORIDA'S JUDICIAL CIRCUIT 10. 0 0 215020 230971 PEACE RIVER CENTER PROPERTIES, INC. PROVIDES LOW INCOME HOUSING AT AN APARTMENT COMPLEX OF 11 UNITS AND A GROUP HOME OF 8 UNITS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. THIS PROJECT IS OPERATED SUBJECT TO A SECTION 8 HOUSING ASSISTANCE PAYMENTS (HAP) CONTRACT WITH HUD. A SIGNIFICANT PORTION OF THE PROPERTIES' RENTAL INCOME IS RECEIVED FROM HUD. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES, OPERATING METHODS AND OPERATING EXPENDITURES. 215020 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 X X DAVID TOURNADE 8635190575 1239 E MAIN STREET BARTOW FL 33830 LARRY G WILLIAMS CHIEF EXECUTIVE OFFICER 2.00 42.00 X X 0 144831 724 DAVID TOURNADE SECRETARY 2.00 42.00 X X 0 195037 22151 BENNIE ALLRED CHAIR(DIRECTOR THRU 06.23) 2.00 0.00 X X 0 0 0 STANLEY REED VICE CHAIR 2.00 0.00 X X 0 0 0 CANDACE BARNES DIRECTOR 2.00 42.00 X 0 153669 12638 0 493537 35513 0 0 1 0 0 TENANT RENTAL INCOME 531390 230971 230971 230971 3 3 INSURANCE PROCEEDS 524126 2575 2575 2575 233549 230971 0 2578 X 68651 68651 2597 2597 3285 3285 14453 14453 6182 6182 30444 30444 1050 1050 1119 1119 49925 49925 21953 21953 25119 25119 10494 10494 BAD DEBTS 383 383 235655 215020 20635 0 12335 1260 23866 12242 4216 19123 2204 2087 897588 626032 271298 271556 5665 6234 319584 312502 12923 13040 1160 1962 257956 226843 4023 4588 276062 246433 X 43522 66069 43522 66069 319584 312502 -2106 24653 0 X X 1 X 1 X 1 0 X 209725 218230 228672 235556 230971 1123154 209725 218230 228672 235556 230971 1123154 0 84725 93225 103675 110550 105975 498150 84725 93225 103675 110550 105975 498150 625004 51 8 3 2 3 67 51 8 3 2 3 67 2575 2575 209776 218238 228675 235558 233549 1125796 0.55520 0.56260 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2022 AMOUNT: $ 2,575. 87679 87679 687113 522358 164755 122796 103674 19122 271556 TENANT SECURITY DEPOSITS 4588 4588 X PART X, LINE 2: PEACE RIVER CENTER PROPERTIES, INC. HAS QUALIFIED AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (IRC) AND IS GENERALLY NOT SUBJECT TO INCOME TAXATION, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. PEACE RIVER CENTER PROPERTIES, INC. FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. PEACE RIVER CENTER PROPERTIES, INC. IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. PEACE RIVER CENTER PROPERTIES, INC.'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES IN ACCORDANCE WITH PRESCRIBED STATUTES. 0 0 0 0 0 0 0 0 0 DAVID TOURNADE SECRETARY 0 179400 0 15000 0 637 0 5782 0 16369 0 217188 0 0 CANDACE BARNES DIRECTOR 0 138578 0 15000 0 91 0 4295 0 8343 0 166307 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT ACCOUNTING FIRM THAT PERFORMS THE ANNUAL AUDIT ALSO ASSISTS IN PREPARING THE FORM 990. MANAGEMENT PROVIDES THE ACCOUNTING FIRM WITH THE ADDITIONAL INFORMATION NECESSARY TO COMPLETE THE FORM 990 AND REVIEWS FOR ACCURACY. THE COMPLETED FORM 990 IS THEN PRESENTED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS AND MEMBERS OF SENIOR MANAGEMENT MUST REVIEW AND SIGN A STATEMENT ANNUALLY DISCLOSING OR UPDATING THEIR INTERESTS, AND THOSE OF THEIR FAMILY MEMBERS, THAT COULD GIVE RISE TO A CONFLICT OF INTEREST IN THE OPERATIONS. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE CONFLICTED PARTY IS PROHIBITED FROM DISCUSSING AND VOTING ON THE ISSUE. STAFF ISSUES ARE ADDRESSED WITH THE CHIEF EXECUTIVE OFFICER (CEO) OF THE RELATED ENTITY; BOARD MEMBER ISSUES ARE ADDRESSED WITH THE CEO OF THE RELATED ENTITY AND CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTS: PROGRAM SERVICE EXPENSES 30,444. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,444. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT INC PO BOX 1559 BARTOW FL 33831 590818924 IMPROVING MENTAL HEALTH THRU TREATMENT EDUCATION AND ADVOCACY FL 501(C)(3) LINE 7 N/A 0 PEACE RIVER CENTER PROPERTIES II INC PO BOX 1559 BARTOW FL 33831 475593872 TITLE HOLDING COMPANY OF A CRISIS CAMPUS FL 501(C)(2) N/A PEACE RIVER CENTER 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0