2024-11-04T07:43:48-06:00 2023-12-31 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2023-01-01 931329192 HEARTWOOD RESOURCES HEAR 5416734909 605 SE KANE STREET ROSEBURG OR 97470 ERICA MILLS CEO 5416734909 2024-10-31 1 1 JOLANTA TUCK CPA P01340068 9164429100 2024-10-30 2023 2024-10-15 13:58:12Z ERICA MILLS 605 SE KANE STREET ROSEBURG OR 97470 565501 0 X WWW.HEARTWOODRESOURCES.ORG X 2002 OR TO PROVIDE LOW-COST BUILDING MATERIALS TO INDIVIDUALS BY SELLING RECYCLED BUILDING MATERIAL 8 8 0 8 0 0 67032 20500 551485 545001 0 0 0 0 618517 565501 0 0 0 0 0 0 0 0 0 576436 614152 576436 614152 42081 -48651 327134 296607 261136 279260 65998 17347 TO PROVIDE LOW-COST BUILDING MATERIALS TO INDIVIDUALS BY SELLING RECYCLED BUILDING MATERIAL. 0 0 437214 545001 PROVIDED LOW-COST BUILDING MATERIALS TO INDIVIDUALS BY SELLING RECYCLED MATERIALS RECEIVED THROUGH DONATIONS OR DECONSTRUCTION OF OLD BUILDINGS 437214 1 1 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 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 OR X ERICA MILLS 5416734909 605 SE KANE STREET ROSEBURG OR 97470 ERICA MILLS CEO 5.00 35.00 X 0 137308 26994 ELENA LININGER CHAIR 1.00 1.00 X X 0 0 0 BRITTANY WEERHEIM VICE CHAIR 1.00 1.00 X X 0 0 0 STEVE LOSSLEY TREASURER 1.00 1.00 X X 0 0 0 DEBORA LIGHTCAP SECRETARY 1.00 1.00 X X 0 0 0 JACOB WINN BOARD MEMBER 1.00 1.00 X 0 0 0 DAWN MILLS BOARD MEMBER 1.00 1.00 X 0 0 0 ADAM ADAMSON BOARD MEMBER 1.00 1.00 X 0 0 0 MARAJAN COESTER BOARD MEMBER 1.00 1.00 X 0 0 0 0 137308 26994 0 0 1 0 0 20500 20500 BUILDING MATERIAL SALE 444100 534252 534252 MISCELLANEOUS OPERATIN 900099 7500 7500 REIMBURSEMENTS 900099 3249 3249 545001 565501 545001 0 0 X 3255 651 2604 389933 292450 97483 2510 2008 502 5071 4057 1014 10309 9794 515 6150 4920 1230 2904 2904 15286 14522 764 24880 23636 1244 ADMIN SERVICE FEES 82035 16407 65628 MISCELLENEOUS OPERATING 43591 41449 2142 GENERAL AND ADMINISTRAT 16012 12810 3202 REPAIRS & MAINTENANCE 11189 10630 559 1027 976 51 614152 437214 176938 0 53194 22453 6468 911 37125 37090 1586 358833 122680 228761 236153 327134 296607 23871 23807 56943 49247 180322 206206 261136 279260 X 65998 17347 65998 17347 327134 296607 -48651 0 X 0 1 X 1 0 X 124704 111193 46754 67032 20500 370183 462630 410797 504969 526303 545001 2449700 587334 521990 551723 593335 565501 2819883 0 0 0 2819883 25182 25182 587334 521990 551723 618517 565501 2845065 0.99110 0.99080 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 25,182. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150000 150000 111857 25847 86010 81376 81233 143 15600 15600 0 236153 DUE TO RELATED PARTY 206206 206206 X PART X, LINE 2: NWU HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, NWU IS NOT SUBJECT TO INCOME TAXES. NWU IS REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND NWU HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 ARE SUBJECT TO EXAMINATION BY THE IRS. THE AFFILIATES ARE PASS-THROUGH ENTITIES FOR INCOME TAX PURPOSES AND ARE NOT SUBJECT TO INCOME TAXES. ALL ITEMS OF TAXABLE INCOME, DEDUCTIONS AND TAX CREDITS ARE PASSED THROUGH TO AND ARE REPORTED BY THEIR OWNERS ON THEIR RESPECTIVE INCOME TAX RETURNS. THE AFFILIATES' FEDERAL TAX STATUS AS PASS-THROUGH ENTITIES IS BASED ON THEIR LEGAL STATUS. THE AFFILIATES ARE REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE AFFILIATES HAVE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. 0 0 0 0 0 0 0 0 0 ERICA MILLS CEO 0 137308 0 0 0 0 0 5979 0 21015 0 164302 0 0 PART I, LINE 3 THE ORGANIZATION'S CEO WAS COMPENSATED BY A RELATED ORGANIZATION DURING CALENDAR YEAR 2023. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED AND APPROVED BY THE CEO AND THE BOARD BEFORE SIGNING. FORM 990, PART VI, SECTION B, LINE 12C MONTHLY BOARD MEETINGS TO DISCUSS OPERATIONS OF HEARTWOOD AND DISCUSS POLICIES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 292,450. MANAGEMENT AND GENERAL EXPENSES 97,483. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 389,933. 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