2024-10-22T16:48:15-05:00 2023-12-31 810348775 JUNKERMIERCLARKCAMPANELLASTEVENS PC 321 W BROADWAY 4TH FLOOR MISSOULA MT 59802 990 2023-01-01 810521301 HRC COTTAGES INC HRCC 4067283710 1801 S HIGGINS MISSOULA MT 598015763 JIM MORTON PRESIDENT 4067283710 2024-10-22 1 0 DREW RIEKER CPAABV P01372762 4065494148 2024-10-22 2023 2024-10-15 13:58:12Z JIM MORTON 1801 S HIGGINS MISSOULA MT 598015763 749647 0 X N/A X 1998 MT OWN, OPERATE, AND MAINTAIN LOW-INCOME HOUSING. 3 2 9 0 0 0 2520 3 721181 774443 7778 5372 -12538 -30171 718941 749647 0 0 0 0 31077 54146 0 0 0 821982 806950 853059 861096 -134118 -111449 5484993 5409126 5188908 5224490 296085 184636 OWN, OPERATE, AND MAINTAIN HOUSING FOR LOWER INCOME PEOPLE. 0 0 650645 780092 HOUSING FOR LOWER INCOME PEOPLE: 269 TOTAL UNITS OF LOW-INCOME HOUSING IN HAMILTON, CORVALLIS, SUPERIOR, STEVENSVILLE, VICTOR, MISSOULA, ST. REGIS, AND DARBY, MONTANA RENTED AT BELOW MARKET RATES TO LOWER INCOME TENANTS. PROPERTIES INCLUDE BURNT FORK APARTMENTS, WILLOW CREEK APARTMENTS, EDNA COURT COTTAGES, EAGLE APARTMENTS, RIVERSIDE APARTMENTS, CHARLOS APARTMENTS, CEDAR GROVE APARTMENTS, DARBY APARTMENTS, TERRACE APARTMENTS, MAPLE COTTAGES, PARKSIDE APARTMENTS, TWO RIVERS APARTMENTS, SUPERIOR COMMONS APARTMENTS, BURNT FORK PLACE, ASPEN APARTMENTS, MOUNTAIN VIEW, AND BITTERROOT COMMONS. 650645 1 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 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 1 1 1 0 0 0 1 16 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X DISTRICT XI HUMAN RESOURCE COUNCIL 4067283710 1801 S HIGGINS MISSOULA MT 59801 JIM MORTON PRESIDENT 10.00 X X 29599 0 0 LARRY DEGARMO VICE PRESIDENT 1.00 X X 0 0 0 CHARLIE WELLENSTEIN SECRETARY 1.00 X X 0 0 0 29599 0 0 0 0 0 0 0 3 3 LOW INCOME RENTAL 531110 663118 663118 ASSET MANAGEMENT FEES 531390 111325 111325 774443 5372 5372 MISCELLANEOUS 900099 5649 5649 INCOME FROM PARTNERSHI 900099 -35820 -35820 -30171 749647 780092 0 -30448 29599 29599 19337 18991 346 1497 584 913 3713 1448 2265 101270 101270 32546 24499 8047 2135 2135 8059 6753 1306 845 594 251 25223 25223 246990 238391 8599 75939 60703 15236 MAINTENANCE 162382 129681 32701 UTILITIES 98559 94682 3877 TAXES AND LICENSES 46030 45860 170 SUPPLIES 6972 1101 5871 861096 650645 210451 0 597959 650080 1323141 1371605 159307 175168 38700 36408 7850972 4995359 3008814 2855613 357072 320252 5484993 5409126 94450 73720 46984 48291 2740697 2725223 2306777 2377256 5188908 5224490 X 296085 184636 296085 184636 5484993 5409126 -111449 0 X 0 1 X 1 1 1 X 4320 78284 579320 2520 3 664447 553123 602038 738640 710033 774443 3378277 557443 680322 1317960 712553 774446 4042724 0 0 0 4042724 2137 1437 463 7778 5372 17187 2137 1437 463 7778 5372 17187 559580 681759 1318423 720331 779818 4059911 0.99580 0.99660 0.00420 0.00340 X 0 1 X 531200 531200 4725949 3204765 1521184 2469261 1756278 712983 34316 34316 0 90246 90246 2855613 EQUITY INVESTMENT IN HAHP 196495 F OTHER INVESTMENTS 123757 C 320252 DUE TO RELATED PARTY 2070084 ACCRUED INTEREST 307172 2377256 749647 0 749647 0 749647 861096 0 861096 0 861096 PART IV, LINE 2B: ORGANIZATION MAINTAINS A RENT DEPOSIT TRUST FOR TENANTS. FORM 990, PART VI, SECTION A, LINE 6 DISTRICT XI HUMAN RESOURCE COUNCIL IS THE SOLE MEMBER OF HRC COTTAGES, INC. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS HIRED THE AUDIT FIRM TO PREPARE THE TAX RETURN. THE BOARD CHAIR AND STAFF REVIEWED THE RETURN BEFORE FILING. THE BOARD WILL RELY ON THE PROFESSIONAL FIRM HIRED AND STAFF AS TO THE ACCURACY OF THE ITEMS ON THE RETURN. THE 990 WILL BE AVAILABLE TO THE BOARD AND OTHERS AT GUIDESTAR.ORG. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD (WHICH IS THE ORGANIZATION) EXPECTS ITS MEMBERS TO DISCLOSE CONFLICTS OF INTEREST AND RECUSE THEMSELVES FROM DECISIONS WHERE THEY HAVE A CONFLICT. THE MINUTES OF THE MEETINGS INCLUDE RECORD OF ANY DISCLOSURES OF CONFLICTS. THERE ARE ONLY THREE BOARD MEMBERS, AND NO EMPLOYEES. THE PURPOSE OF THIS ORGANIZATION IS TO OWN, OPERATE, AND MAINTAIN HOUSING FOR LOWER INCOME HOUSEHOLDS. SINCE MUCH OF THE INITIAL FUNDING CAME FROM FEDERAL SOURCES, THE CORPORATION IS HEAVILY MONITORED BY GOVERNMENTAL INTERESTS. ONE REQUIREMENT OF THE USDA IS TO DISCLOSE ANNUALLY ANY "IDENTITY OF INTEREST" ENTITIES. THESE ENTITIES ARE ONES THAT COULD HAVE A CONFLICT OF INTEREST. NO BOARD MEMBERS HAVE BEEN DETERMINED TO BE AN "IDENTITY OF INTEREST." FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND FORM 1023 ARE AVAILABLE AT THE ORGANIZATION'S ADDRESS. THEY CAN BE EXAMINED ON SITE, OR A COPY CAN BE MADE, GIVEN A REASONABLE NOTICE. ADDITIONALLY, THE 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC AT 1801 S HIGGINS, MISSOULA, MT 59803, UPON REQUEST. THEY CAN BE EXAMINED ON SITE, OR A COPY CAN BE MADE, GIVEN A REASONABLE NOTICE. FINANCIAL STATEMENTS ARE NOT PUBLIC DOCUMENTS. HRC SUPERIOR COMMONS LLC 1801 S HIGGINS MISSOULA MT 59801 274536389 REAL ESTATE RENTALS MT -3201 48971 HRC COTTAGES INC HRC TWO RIVERS LLC 1801 S HIGGINS MISSOULA MT 59801 453680549 REAL ESTATE RENTALS MT -2 53 HRC COTTAGES INC HRC ASPEN HOUSING LLC 1801 S HIGGINS MISSOULA MT 59801 462992668 REAL ESTATE RENTALS MT -3474 152731 HRC COTTAGES INC HRC EDNA COURT COTTAGES LLC 1801 S HIGGINS MISSOULA MT 59801 465332586 REAL ESTATE RENTALS MT -12080 85641 HRC COTTAGES INC HRC MINERAL PROPERTIES LLC 1801 S HIGGINS MISSOULA MT 59801 465344804 REAL ESTATE RENTALS MT -1467 578087 HRC COTTAGES INC CEDAR CREEK PROPERTY MANAGEMENTLLC 1801 S HIGGINS MISSOULA MT 59801 371908910 REAL ESTATE RENTALS MT -5989 15108 HRC COTTAGES INC HRC BURNT FORK PLACE LLC 1801 S HIGGINS MISSOULA MT 59801 843786724 REAL ESTATE IN DEVELOPMENT MT -9 3171750 HRC COTTAGES INC HRC BITTERROOT VALLEY APARTMENTS LLC 1801 S HIGGINS MISSOULA MT 59801 863164592 REAL ESTATE RENTALS MT 0 0 HRC COTTAGES INC HRC DEVELOPMENT INC 1801 S HIGGINS MISSOULA MT 598015763 810516736 PURCHASE & DEVELOP REAL ESTATE FOR THE BENEFIT OF LOW-INCOME INDIVIDUALS. MT 501(C)(3) 509(A)(2) DISTRICT XI HRC 0 DISTRICT XI HRC VEBA INC 1801 S HIGGINS MISSOULA MT 598015763 363686156 VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION MT 501(C)(9) DISTRICT XI HRC 0 DISTRICT XI HRC 1801 S HIGGINS MISSOULA MT 598015763 810332017 ADVOCATE FOR LOW-INCOME, PUBLIC BENEFIT CORPORATION MT 501(C)(3) 509(A)(1) N/A 0 HRC PARKSIDE INC 1801 S HIGGINS MISSOULA MT 598015763 810517550 OPERATE THE PARKSIDE APARTMENTS IN HAMILTON, MT MT 501(C)(3) 509(A)(2) DISTRICT XI HRC 0 HAMILTON AFFORDABLE HOUSING PARTNERSHIP LP 1801 SOUTH HIGGINS MISSOULA MT 59801 810519859 REAL ESTATE RENTALS MT N/A N/A -35820 1390549 0 0 0.99990 SUPERIOR COMMONS LP 619 SW HIGGINS MISSOULA MT 59803 264823159 REAL ESTATE RENTALS MT N/A N/A -5 164 0 0 0.00010 TWO RIVERS APARTMENTS LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 364712954 REAL ESTATE RENTALS MT N/A N/A -2 38 0 0 0.00010 ASPEN PLACE LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 300791985 REAL ESTATE RENTALS MT N/A N/A -5 189 0 0 0.00010 BURNT FORK PLACE LLLP 1801 SOUTH HIGGINS MISSOULA MT 59801 843811906 REAL ESTATE DEVELOPMENT MT N/A N/A 0 0 0.00010 BITTERROOT VALLEY APARTMENTS LP 283 W FRONT STREET SUITE 1 MISSOULA MT 59808 844926551 REAL ESTATE RENTALS MT N/A N/A 0 0 0.00010 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 DISTRICT XI HRC E 2000870 FMV DISTRICT XI HRC P 783 CASH VALUE DISTRICT XI HRC Q 29937 CASH VALUE DISTRICT XI HRC M 20901 CASH VALUE