2024-11-14T18:38:58-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4150 SECOND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2023-10-01 391524307 RIVER TOWN HEIGHTS INC RIVE 7154830556 201 S ADAMS ST ST CROIX FALLS WI 54024 DAVE DOBOSENSKI CHAIRMAN 7154830556 2024-11-13 1 0 NICOLE FOLKERTS CPA P01677599 3202035500 2024-11-13 2023 2024-10-15 13:58:12Z DAVE DOBOSENSKI 201 S ADAM ST ST CROIX FALLS WI 54024 76322 0 X N/A X 1986 WI TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 5 5 3 5 0 0 0 0 286011 76313 29 9 0 0 286040 76322 0 0 0 0 75153 17743 0 0 0 174927 45533 250080 63276 35960 13046 400139 398884 242145 227844 157994 171040 TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS. 0 0 37173 76313 PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS - 25 UNIT APARTMENT BULDINGS. 37173 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 WI X CHUCK ARMSTRONG 6517664300 3530 LEXINGTON AVENUE N SHOREVIEW MN 55126 X DAVE DOBOSENSKI CHAIRMAN 1.00 X X 0 0 0 MIKE YOUSO VICE CHAIRMAN 0.30 X X 0 0 0 MIKE BUCHITE DIRECTOR 0.30 X X 0 0 0 GERI AANONSEN DIRECTOR 0.30 X 0 0 0 PHIL STRATMOEN DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 532000 76303 76303 TENANT CHARGES 531390 10 10 76313 9 9 76322 76313 0 9 15376 4269 11107 911 255 656 273 214 59 1183 326 857 3830 3830 7907 7907 878 865 13 930 837 93 1114 1003 111 12827 11544 1283 52 52 4955 4955 7789 7789 4461 4461 CABLE 537 537 LISCENSES & PERMITS 150 15 135 RESIDENT CARE SUPPLIES 75 75 PROGRAM EXPENSE 28 28 63276 37173 26103 0 11881 5951 1275 932 1095347 777378 325759 317969 61224 74032 400139 398884 10098 9566 223376 209697 8671 8581 242145 227844 X 157994 171040 157994 171040 400139 398884 13046 0 X 0 0 0 X 6285 6285 267283 275721 276726 286011 76313 1182054 273568 275721 276726 286011 76313 1188339 0 43854 42377 33678 33704 25444 179057 43854 42377 33678 33704 25444 179057 1009282 7 36 30 29 9 111 7 36 30 29 9 111 273575 275757 276756 286040 76322 1188450 0.84920 0.85620 0.00010 0.00010 X PART VI RIVER TOWN HEIGHTS OPTED TO CHANGE THEIR YEAR END FROM 9/30 TO 12/31 52740 52740 937394 696873 240521 10442 5349 5093 94771 75156 19615 317969 RESIDUAL RECEIPTS 6961 TENANT DEPOSITS HELD IN TRUST 9524 RESERVE FOR REPLACEMENTS 57547 74032 TENANT SECURITY DEPOSITS 8581 8581 FORM 990, PART VI, SECTION A, LINE 3 THE PROJECT IS MANAGED BY ECUMEN SERVICES, INC. UNDER AN AGREEMENT APPROVED BY HUD WHICH PROVIDES FOR A MANAGEMENT FEE OF 5.09% OF GROSS RENTAL RECEIPTS. THE MANAGEMENT FEE IS SUBJECT TO A PER UNIT PER MONTH CAP AS DETERMINED BY HUD. MANAGEMENT FEES INCURRED FOR THE PERIOD ENDED DECEMBER 31, 2023 WAS $3,883.31. ECUMEN PERFORMS VARIOUS FUNCTIONS ON BEHALF OF THE PROJECT. AMOUNTS EXPENSED BY THE PROJECT FOR SERVICES PERFORMED BY ECUMEN FOR PAYROLL, INSURANCE, AND OTHER OPERATING EXPENSES AMOUNTED TO $-1,364.87 FOR THE PERIOD ENDED DECEMBER 31, 2023. AMOUNTS PAYABLE TO ECUMEN AS OF DECEMBER 31, 2023 WERE $5.46. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B ACCOUNTANTS WITH THE MANAGING AGENT, ECUMEN SERVICES INC, AND THE PRESIDENT REVIEW THE 990 IN DETAIL PRIOR TO IT BEING FILED. ANY QUESTIONS AS A RESULT OF THIS REVIEW ARE RESOLVED PRIOR TO THE 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. MANAGEMENT DETERMINES WHETHER THERE IS A CONFLICT OF INTEREST AND THE BOARD REVIEWS THE CONFLICT TO DETERMINE WHAT RESTRICTIONS APPLY. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ST CROIX VALLEY SUPPORTIVE HOUSING FOR THE ELDERLY INC 408 TOWER ROAD ST CROIX WI 54024 391924250 LOW-INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS WI 501(C)(3) LINE 10 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0