2024-02-23T15:56:21-07:00 2022-12-31 990 2022-01-01 931212382 LUTHERAN HOUSING CORPORATION LUTH 6054447500 705 E 41ST ST SUITE 200 SIOUX FALLS SD 57105 Nathan Beyer Secretary/Treasurer 6054447508 2024-02-23 Nathan Beyer 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z X Northport Apartments Nathan Beyer 705 E 41st St Suite 200 Sioux Falls SD 57105 12487 0 X X 2003 SD To provide housing for very low-income elderly persons in North Sioux City, SD. X 9 9 0 0 0 0 0 0 12966 11420 175 -110109 91918 0 105059 -98689 0 0 0 0 4580 3405 0 0 0 63692 2623936 68272 2627341 36787 -2726030 2785845 0 59815 0 2726030 0 X To provide housing for low income elderly households. 0 1 2602000 11420 PROVIDED HOUSING FOR ELDERLY HOUSEHOLDS WHO WERE AT OR BELOW 60% OF MEDIAN INCOME. 0 0 0 2602000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X NATHAN BEYER 6054447508 705 E 41ST ST SUITE 200 SIOUX FALLS SD 57105 REBECCA KIESOW-KNUDSEN CHAIR 1 45 X 0 122544 31939 NATHAN BEYER SECRETARY/TREASURER 1 45 X 0 83064 32370 PAUL BRUFLAT BOARD PERSON 1 1 X 0 0 0 TOLCHA MESELE BOARD PERSON 1 1 X 0 0 0 Elizabeth Duffy BOARD PERSON 1 1 X 0 0 0 KIM ELBERS BOARD PERSON 1 1 X 0 0 0 PAT EIDSNESS BOARD MEMBER 1 1 X 0 0 0 CONSTANZE HAGMAIER BOARD PERSON 1 1 X 0 0 0 0 205608 64309 0 0 1 0 0 0 Rental Income 531110 11420 11420 0 0 0 0 0 0 11420 1067 1067 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 111176 0 -111176 -111176 -111176 0 0 0 -98689 -98689 0 0 2981 1793 1188 209 209 215 215 949 949 8485 8485 555 555 15115 951 14164 7552 7552 Contracts 5865 5865 0 0 Contributions of LHC assets less assumption of liabilities 2585158 2585158 0 0 257 257 2627341 2602000 25341 0 40830 0 2544775 0 0 240 0 0 0 200000 2785845 0 17160 0 778 0 41877 0 59815 0 X 1357830 0 1368200 0 2726030 0 2785845 0 -2726030 0 0 0 0 0 X 0 1 X 1 1 1 X 156445 155896 101918 12966 11420 438645 156445 155896 101918 12966 11420 438645 438645 26 30 18 175 1067 1316 26 30 18 175 1067 1316 49593 91918 0 141511 156471 155926 151529 105059 12487 581472 0.75437 0.79420 0.00226 0.00039 X Schedule A, Part III, Line 12 Insurance proceeds from Business Interruption insurance. 0 0 X 12487 0 0 0 0 0 12487 0 -111176 -111176 -98689 42183 0 0 0 0 0 42183 0 2585158 2585158 2627341 Schedule D, Part X, Line 2 The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of Section 501(a) of the Code. In the event the Corporation was to lose its tax-exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of September 21, 2022. The Corporation adopted the standard for Accounting for Uncertainty in Income Taxes and recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed. Schedule D, Part XI, Line 4b Loss on disposal of property & equipment at sale/closing. Schedule D, Part XII, Line 4b Contribution of LHC assets less assumption of liabilities at sale/closing. 0 0 0 0 0 0 0 0 0 REBECCA KIESOW-KNUDSEN CHAIR 0 122544 0 0 0 31939 0 0 0 0 0 154483 0 0 The organization contributed the remaining assets and liabilities to another organization, who rebuilt the property that burned down in 2020, and are continuing the purpose of the organization. No assets or liabilities were distributed to the member organization of Lutheran Housing Corporation. 2022-09-21 0 N/A NA 0 0 0 0 1 0 1 0 Contributed assets and liabilities to another organization, so they could rebuild the property and continue the purpose of the property. 2022-09-21 0 Worked with HUD to complete the transfer. Northport TC Senior Apartments LP 0 0 0 0 Form 990, Part III, Line 3 The property was sold September 2022. Form 990, Part VI, Section B, Line 11b The 990 is provided to the governing board prior to filing. Form 990, Part VI, Section B, Line 12c Each board meeting begins with the presentation of an agenda, and upon review of this agenda, the members are asked to disclose any conflicts of interest. Form 990, Part VI, Section C, Line 19 Available upon request. LUTHERAN SOCIAL SERVICES OF SOUTH DAKOTA 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 460224731 SOCIAL SERVICES SD 501(C)(3) LINE 7 N/A 0 LUTHERAN SOCIAL SERVICES OF SD FOUNDATION 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 460423090 FUNDRAISING FOR PARENT ORGANIZATION SD 501(C)(3) LINE 7 LUTHERAN SOCIAL SERVICES OF SD 0 LUTHERAN HOUSING CORPORATION BROADWAY 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 460441698 ELDERLY/FAMILY CONGREGATE HOUSING PROJECTS SD 501(C)(3) LINE 7 LUTHERAN SOCIAL SERVICES OF SD 0 LUTHERAN HOUSING CORPORATION MEADOWLANDS 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 460443225 ELDERLY/FAMILY CONGREGATE HOUSING PROJECTS SD 501(C)(3) LINE 7 LUTHERAN SOCIAL SERVICES OF SD 0 LUTHERAN HOUSING CORPORATION PRAIRIE LAKE APARTMENTS 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 261880559 ELDERLY/FAMILY CONGREGATE HOUSING PROJECTS SD 501(C)(3) LINE 7 LUTHERAN SOCIAL SERVICES OF SD 0 LUTHERAN HOUSING CORPORATION GATEWAY 705 E 41ST ST SUITE 200 SIOUX FALLS SD 571056048 911789024 ELDERLY/FAMILY CONGREGATE HOUSING PROJECTS SD 501(C)(3) LINE 7 LUTHERAN SOCIAL SERVICES OF SD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 The extended filing deadline was inadvertently missed due to turnover and being short staffed.