2024-04-11T15:30:14-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 475593872 PEACE RIVER CENTER PROPERTIES II INC PEAC 8635190575 PO BOX 1559 BARTOW FL 338311559 DAVID TOURNADE VICE PRESIDENT & TREASURER 8635190575 2024-04-09 1 DAVID TOURNADE 999009999 1 TINA HENTON P00630282 4078021200 2024-04-03 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X LARRY G WILLIAMS PO BOX 1559 BARTOW FL 338311559 1824915 0 X N/A X 2015 FL TO CONSTRUCT, OWN AND OPERATE OR CONTRACT TO OPERATE A CRISIS CAMPUS. X 0 0 0 5 0 0 0 0 152124 126770 0 0 0 1698145 152124 1824915 0 0 0 0 0 0 0 0 0 336976 1703805 336976 1703805 -184852 121110 5055656 0 5176766 0 -121110 0 X TO CONSTRUCT, OWN AND OPERATE OR CONTRACT TO OPERATE A CRISIS CAMPUS WITH AN IN-PATIENT CRISIS STABILIZATION UNIT AND AN OUT-PATIENT SERVICE FACILITY. 0 1 THE ORGANIZATION FACILITATED PEACE RIVER CENTER'S EFFORT IN OBTAINING NEW MARKETS TAX CREDIT FUNDING FOR THE CONSTRUCTION OF A CRISIS CAMPUS IN LAKELAND, FLORIDA. THE NMTC PROGRAM PERMITS TAXPAYERS TO CLAIM A CREDIT AGAINST FEDERAL INCOME TAXES FOR QUALIFIED EQUITY INVESTMENTS (QEI) IN DESIGNATED COMMUNITY DEVELOPMENT ENTITIES (CDES). THESE DESIGNATED CDES MUST USE SUBSTANTIALLY ALL (85%) OF THE PROCEEDS TO MAKE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS (QLICI). THE TAXPAYING INVESTOR IS PROVIDED WITH A TAX CREDIT WHICH IS CLAIMED OVER A SEVEN-YEAR PERIOD. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X DAVID TOURNADE 8635190575 1239 E MAIN STREET BARTOW FL 33830 LARRY G WILLIAMS PRESIDENT/SECRETARY (THRU. 04/23) 2.00 42.00 X X 0 144831 724 DAVID TOURNADE VP/TREASURER (THRU. 04/23) 2.00 42.00 X X 0 195037 22151 MICHAEL MICALLEF CHAIR (THRU. 04/23) 2.00 2.00 X X 0 0 0 PETER GOLOTKO DIRECTOR (THRU. 04/23) 2.00 2.00 X 0 0 0 MARY KAY LANGFORD DIRECTOR (THRU. 04/23) 2.00 0.00 X 0 0 0 BRUNO DEZAYAS DIRECTOR (THRU. 04/23) 2.00 0.00 X 0 0 0 ROBERT BODOLAY DIRECTOR (THRU. 04/23) 2.00 0.00 X 0 0 0 0 339868 22875 0 0 1 0 0 RENT FROM AFFILIATE 531120 126770 126770 126770 DEBT FORGIVENESS 900003 1468500 1468500 GAIN ON EXTINGUISHMENT 900003 229645 229645 1698145 1824915 1824915 0 0 15079 3396 46116 170346 DISSOLUTION COST 1468500 MISCELLANEOUS EXPENSES 368 1703805 74278 0 0 0 0 0 0 0 0 13529 0 0 0 4967849 0 0 0 0 0 0 5055656 0 22590 0 18689 0 4835487 0 300000 0 5176766 0 X -121110 0 -121110 0 5055656 0 121110 0 X X 0 1 X 1 0 0 X PART X, LINE 2: PEACE RIVER CENTER PROPERTIES II, INC. HAS QUALIFIED AS A REAL ESTATE HOLDING CORPORATION UNDER SECTION 501(C)(2) OF THE U.S. IRC AND IS GENERALLY NOT SUBJECT TO INCOME TAXATION. PEACE RIVER CENTER PROPERTIES II, 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 II, INC. IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. PEACE RIVER CENTER PROPERTIES II, INC.'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES IN ACCORDANCE WITH PRESCRIBED STATUTES. 0 0 0 DAVID TOURNADE VP/TREASURER (THRU. 04/23) 0 179400 0 15000 0 637 0 5782 0 16369 0 217188 0 0 CASH 2023-04-20 1958 BOOK VALUE 590818924 PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT INC PO BOX 1559 BARTOW FL 33831 501(C)(3) LAND 2023-06-30 127100 COST 590818924 PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT INC PO BOX 1559 BARTOW FL 33831 501(C)(3) BUILDINGS AND EQUIPMENTS 2023-06-30 4670402 COST WITH DEPRECIATION 590818924 PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT INC PO BOX 1559 BARTOW FL 33831 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: LARRY G. WILLIAMS, JR.DAVID TOURNADEPETER GOLOTKOROBERT BODOLAY PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: LARRY G. WILLIAMS, JR. IS THE CEO OF THE TRANSFEREE ORGANIZATION - PEACE RIVER CENTER FOR PERSONAL DEVELOPMENTDAVID TOURNADE IS THE CFO OF THE TRANSFEREE ORGANIZATION - PEACE RIVER CENTER FOR PERSONAL DEVELOPMENTPETER GOLOTKO IS THE BOARD CHAIR OF THE TRANSFEREE ORGANIZATION - PEACE RIVER CENTER FOR PERSONAL DEVELOPMENTROBERT BODOLAY IS A BOARD MEMBER OF THE TRANSFEREE ORGANIZATION - PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT FORM 990, PART III, LINE 3 THE ORGANIZATION WAS DISSOLVED AND THE OPERATIONS WERE TRANSFERRED TO THE PARENT COMPANY, PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT, INC. 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 BOARD WHICH REVIEWS AND ACCEPTS AFTER ALL QUESTIONS ARE ANSWERED 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 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 THROUGH TREATMENT EDUCATION AND ADVOCACY FL 501(C)(3) LINE 7 N/A 0 PEACE RIVER CENTER PROPERTIES INC PO BOX 1559 BARTOW FL 33831 592527684 PROVIDES LOW INCOME HOUSING AND A GROUP HOME FL 501(C)(3) LINE 10 PEACE RIVER CENTER 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0