2024-05-15T22:42:14-07:00 2023-06-30 473876801 BRAD CAGE CPA 18040 HILLCREST DR EAGLE RIVER AK 99577 990 2022-07-01 311645473 VALLEY RESIDENTIAL SERVICES INC VALL 9073570322 1075 CHECK STREET SUITE 102 WASILLA AK 99654 JOHN WEAVER CEO 2024-05-15 true JOHN WEAVER 999009999 true Bradley S Cage P01533714 9074446465 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z JOHN WEAVER 1075 CHECK STREET SUITE 102 WASILLA AK 99654 6523642 false X N/A TO BUILD, ACQUIRE, OWN AND OPERATE AFFORDABLE HOUSING FOR LOW INCOME DISABLED INDIVIDUALS 8 9 23 0 1905747 4638469 1697502 1446984 102 138189 0 3603351 6223642 0 0 448220 492416 0 0 3293757 5171908 3741977 5664324 -138626 559318 8448022 8227577 2465462 1685699 5982560 6541878 X TO BUILD, ACQUIRE, OWN AND OPERATE AFFORDABLE HOUSING FOR LOW INCOME DISABLED INDIVIDUALS false false 505955 FOREST HILLS 2001 - HOUSING FOR LOW INCOME INDIVIDUALS IN THE WASILLA, ALASKA AREA 243339 SWANSON HOUSE - ACCOUNTS FOR THE BALANCES AND ACTIVITIES ASSOCIATED WITH THE SWANSON HOUSE, A HOUSING PROJECT FOR LOW-INCOME INDIVIDUALS. 215859 DAYBREAK APARTMENTS - ACCOUNTS FOR THE ACTIVIITES ASSOCIATED WITH THE ADMINISTRATION OF THE DAYBREAK APARTMENTS, A LOW INCOME HOUSING COMPLEX FOR THE DISABLED 468197 1433350 true true false false false false false false false false true false false false true false 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 false false false false false true 21 0 true 23 true true true false false false false false false 0 false false false false false false false X 8 9 false false false false false false false true true false false true true true true true false false false false X X VRS 9073570322 1075 CHECK STREET SUITE 102 WASILLA AK 99654 JOHN WEAVER CEO 40.00 0.00 X 97092 0 0 TERI TESS VP OF ACCOUNTIN 40.00 0.00 X 56304 0 0 CAROLYN COVINGTON Secretary 0.00 0.00 X 0 0 0 MARK LARSON Director 0.00 0.00 X 0 0 0 RUSSELL JOYCE Vice Chair 0.00 0.00 X 0 0 0 VALERIE MITTELSTEAD Board Chair 0.00 0.00 X 0 0 0 JAIME RODRIQUEZ Director 0.00 0.00 X 0 0 0 KAREN WARD Director 0.00 0.00 X 0 0 0 153396 0 false false false 0 702296 3936173 4638469 DEVELOPERS FEES 35606 35606 INSURANCE REIMBURSEMENTS 428019 428019 MANAGEMENT FEES 355673 355673 OTHER 25649 25649 RENTAL INCOME 602037 602037 1446984 256 256 0 0 0 437933 300000 137933 137933 137933 0 0 0 gain FROM SALE OF ASSETS 0 6223642 1584917 256 0 0 0 0 153396 28152 125244 0 292168 101551 190617 0 30080 20652 9428 16772 15993 779 46829 46829 0 0 0 0 0 81121 23343 57778 0 16242 12492 3750 0 0 0 0 0 9996 9996 97160 96610 550 0 214825 154287 60538 101467 89692 11775 LOAN/LOSS ON TRANSFER TO PROJ 3625529 3625529 REPAIRS AND MAINTENANCE 260594 220349 40245 REPAIRS DUE TO WIND DAMAGE 227575 227575 UTILITIES 214944 168707 46237 275626 227118 48508 5664324 1433350 4230974 0 700135 1030566 0 369722 200249 275837 457181 0 0 0 0 59149 9312 8996359 2866489 6642562 6129870 0 0 0 0 400617 400399 8448022 8227577 757195 191448 1614117 1396296 94150 97955 2465462 1685699 X 2990538 3685868 2992022 2856010 5982560 6541878 8448022 8227577 559318 X false true X true false X 756432 721951 1304672 1905747 4638469 9327271 0 0 756432 721951 1304672 1905747 4638469 9327271 0 9327271 126 178 241 102 256 903 0 36048 33971 13601 36795 163582 283997 9612171 0.97040 0.97170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 669864 669864 8201397 2656512 5544885 125098 92905 32193 117072 -117072 6129870 ACCRUED WAGES 31069 DEPOSIT LIABILITY 62132 INTEREST PAYABLE 3015 UNEARNED RENT REVENUE 1739 97955 6223642 6223642 6223642 5664324 5664324 5664324 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: CHUGACH VIEW - ACCOUNTS FOR THE ACTIVITIES ASSOCIATED WITH THE ADMINISTRATION OF THE CHUGACH VIEW HOUSING COMPLEX FOR LOW INCOME DISABLED INDIVIDUALS OTHER PROGRAM SERVICES 5: SWANSON HOUSE - ACCOUNTS FOR THE BALANCES AND ACTIVITIES ASSOCIATED WITH THE SWANSON HOUSE, A HOUSING PROJECT FOR LOW-INCOME INDIVIDUALS. OTHER PROGRAM SERVICES 6: FOREST HILLS 2001 - HOUSING FOR LOW INCOME INDIVIDUALS IN THE WASILLA, ALASKA AREA OTHER PROGRAM SERVICES 7: FOREST HILLS 2003 - HOUSING FOR LOW INCOME INDIVIDUALS IN WASILLA, ALASKA. Form 990, Part VI, Section B, Line 11b BOARD IS GIVEN FORM 990 AT THE QUARTERLY BOARD MEETING FOR REVIEW. COMMENTS ARE TAKEN/ADDRESSED DURING BOARD MEETING. FORM 990 IS SIGNED FOR TRANSMITTAL AFTER ALL COMMENTS ARE SATISFIED. Form 990, Part VI, Section B, Line 12c A DISCLOSURE STATEMENT OF POSSIBLE CONFLICTS OF INTEREST IS ADDRESSED ANNUALLY AT TEH APRIL BOARD MEETING. COMPLIANCE WITH THIS POLICY IS ENFORCED BY VERBAL DISCUSSION AMONG THE BOARD MEMBERS. NON-COMPLIANCE WITH THE POLICY MEANS DISMISSAL FROM THE BOARD. 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.