2024-10-01T15:23:07-05:00 2023-12-31 390758449 WIPFLI LLP 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2023-01-01 391947692 PROJECT HOME DEVELOPMENT CORPORATION PROJ 6082463737 3841 KIPP STREET MADISON WI 53718 DENISE MATYKA EXECUTIVE DIRECTOR 6082463737 2024-09-03 1 0 QUINN DUGAN P02267768 6082741980 2024-09-03 2023 2024-10-15 13:58:12Z DENISE MATYKA 3841 KIPP STREET MADISON WI 53718 598155 0 X HTTPS://WWW.PROJECTHOMEWI.ORG/ X 1998 WI TO FOSTER DECENT HOUSING WHICH IS AFFORDABLE BY LOW-INCOME AND MODERATE-INCOME HOUSEHOLDS. 3 3 0 14 0 0 35000 208510 377304 388514 155 1131 0 0 412459 598155 0 0 0 0 0 0 0 0 0 511477 528385 511477 528385 -99018 69770 2335412 2213650 3713005 3521473 -1377593 -1307823 TO FOSTER DECENT HOUSING WHICH IS AFFORDABLE BY LOW-INCOME AND MODERATE-INCOME HOUSEHOLDS. 0 0 481933 0 388514 PRAIRIE CROSSING APARTMENTS ARE SECTION 42 APARTMENTS FOR LOW INCOME INDIVIDUALS AND FAMILIES. THEY ARE LOCATED ON ALLIED DRIVE, CLOSE TO SHOPPING, BUS ROUTES AND A BIKE PATH. ALL 48 UNITS HAVE 2 BEDROOMS. QUALIFIED TENANTS' INCOMES MUST BE AT OR BELOW 60% OF COUNTY MEDIAN INCOME LEVEL. 481933 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 1 1 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 WI X KENDRA EPPLER 6082463737 3841 KIPP STREET MADISON WI 53718 KARYN KNAAK PRESIDENT 1.00 1.00 X X 0 0 0 ADAM KLEINMAUS VICE PRESIDENT/TREASURER 1.00 1.00 X X 0 0 0 RYAN ESTRELLA SECRETARY 1.00 X X 0 0 0 DENISE MATYKA EXECUTIVE DIRECTOR 2.50 27.00 X 0 79277 7974 0 79277 7974 0 0 0 0 0 208510 208510 TENANT RENTAL INCOME 531110 378456 378456 10058 10058 388514 1131 1131 598155 388514 0 1131 166549 129044 37505 6200 6200 1615 1615 5394 3095 2299 133644 133644 586 586 11621 11621 148083 148083 34098 34098 EQUIPMENT AND MAINTENAN 9519 9519 CONSTRUCTION MATERIALS 5742 5742 LICENSES & SUBSCRIPTION 1895 1895 BAD DEBT 448 448 2991 2991 528385 481933 46452 0 37930 -126 49997 82791 47215 60815 13150 14961 4528425 2597923 2078585 1930502 108535 124707 2335412 2213650 509611 537621 4925 24764 2428889 2189678 769580 769410 3713005 3521473 X -1377593 -1307823 -1377593 -1307823 2335412 2213650 69770 0 X 0 1 X 1 0 X 53250 35000 208510 296760 383704 351870 294067 377304 388514 1795459 50 1800 50072 51922 383754 353670 397389 412304 597024 2144141 0 0 0 2144141 166 55 34 155 1131 1541 166 55 34 155 1131 1541 383920 353725 397423 412459 598155 2145682 0.99930 0.99970 0.00070 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 265045 265045 4018696 2357600 1661096 75728 75728 0 168956 164595 4361 1930502 SECURITY DEPOSITS 20409 REPLACEMENT RESERVE 104298 124707 TENANT SECURITY DEPOSITS 19410 DEFERRED LOANS 750000 769410 X PART X, LINE 2: THE ORGANIZATIONS ARE REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATIONS HAVE DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS PROJECT HOME, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER SHALL ELECT DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER MUST APPROVE: AMENDMENT OF ARTICLES OF INCORPORATION AMENDMENT OF BY-LAWS APPROVALS OF MERGERS AND CONSOLIDATIONS APPROVAL OF VOLUNTARY DISSOLUTION OF THE CORPORATION APPROVAL OF THE SALE, LEASE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE PROJECT HOME DEVELOPMENT CORPORATION VICE PRESIDENT/TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE COMPLETED STATEMENTS ARE MAINTAINED BY THE EXECUTIVE DIRECTOR. THE ORGANIZATION'S POLICIES REQUIRE ALL STAFF TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS KNOWN OR DISCOVERED, A FORM IS FILLED OUT AND KEPT ON FILE FOR DOCUMENTATION PURPOSES. ANY INDIVIDUAL WHO HAS A CONFLICT OF INTEREST IS NOT ALLOWED TO PARTICIPATE IN THE PROJECT OR HAVE ANY SORT OF INFLUENCE OVER DECISIONS MADE REGARDING THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 PHDC DOES NOT HAVE ANY ACTUAL EMPLOYEES AND BOARD MEMBERS ARE NOT COMPENSATED. 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. PROJECT HOME I LLC 3841 KIPP ST MADISON WI 53718 391965283 AFFORDABLE HOUSING WI 598155 2213650 PROJECT HOME DEVELOPMENT CORPORATION PROJECT HOME INC 3841 KIPP ST MADISON WI 53718 391279307 AFFORDABLE HOUSING WI 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0