2024-05-07T17:20:31-05:00 2023-12-21 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2023-01-01 860456124 ARIZONA RETIREMENT HOME OF SCOTTSDALE C/O BILTMORE PROPERTIES ARIZ 6029970013 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 MARK LISTON PRESIDENT 6029970013 2024-05-01 1 MARK LISTON 999009999 1 BRENDA ANN BLUNT P00075126 4803151040 2024-04-27 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X MARK LISTON 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 6894969 0 X NONE X 1983 AZ TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS. X 8 8 0 8 0 0 0 0 507758 278207 684 6344049 0 0 508442 6622256 0 5288651 0 0 120270 58320 0 0 0 352100 177920 472370 5524891 36072 1097365 1003705 0 2101070 0 -1097365 0 X TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. 0 1 5477029 5288651 6620494 THIS ORGANIZATION PROVIDED HOUSING TO ELDERLY PERSONS AND INDIVIDUALS WITH DISABILITIES THROUGH THE OPERATION OF A 47-UNIT HUD 202 MULTIFAMILY HOUSING COMMUNITY IN SCOTTSDALE, ARIZONA. THIS ORGANIZATION PROVIDED DECENT, SAFE, SANITARY AND AFFORDABLE HOUSING TO 45 RESIDENTS: 7% BETWEEN THE AGES 18-61 (NON-ELDERLY PEOPLE WITH DISABILITIES), 76% BETWEEN THE AGES 62-81, 17% BETWEEN THE AGES 82-93 AND 0% 94+. IN 2023, THIS COMMUNITY RESUMED REGULAR ACTIVITIES AFTER BEING IMPACTED BY THE COVID-19 PANDEMIC AND HAD LIMITED SOCIAL ACTIVITIES AND COMMUNITY EVENTS THROUGHOUT THE YEAR. RESIDENTS CONTINUED SHOWING MORE INTEREST IN EXERCISE, RENEWING HEALTH GOALS AND WEIGHT LOSS (FROM PANDEMIC ISOLATION AND CONSEQUENTIAL SEDENTARY LIVING) AND REENGAGING IN SOCIAL ACTIVITIES LIKE GAMES AND COFFEE HOUR. RESIDENTS ALSO (CONT'D ON SCH O) UTILIZED OVER-THE-PHONE SERVICES PROVIDED BY THE NEARBY GRANITE REEF SENIOR CENTER OPERATED BY THE CITY OF SCOTTSDALE. THE ORGANIZATION SOLD THE PROPERTY IN JULY 2023, AND CEASED THIS PROGRAM. 5477029 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 X NANCY BILLS - BILTMORE PROPERTIES 6029970013 2330 W MISSION LANE SUITE 10 PHOENIX AZ 85021 X MARK LISTON PRESIDENT 0.30 0.30 X X 0 0 0 RUTH LISTON SECRETARY 0.30 0.30 X X 0 0 0 MARV FABER VICE PRESIDENT 0.30 0.30 X X 0 0 0 CHARLOTTE BAKKER DIRECTOR 0.30 0.30 X 0 0 0 RICHARD BRUMMETT DIRECTOR 0.30 0.30 X 0 0 0 PATRICK SMITH DIRECTOR 0.30 0.30 X 0 0 0 LUCAS BRUXVOORT DIRECTOR 0.30 0.30 X 0 0 0 DEAN KREDIT DIRECTOR 0.30 0.30 X 0 0 0 0 0 0 0 0 0 0 0 NET RENTAL INCOME 623990 276679 276679 LAUNDRY 812300 1528 1528 278207 1762 1762 6615000 272713 6342287 6342287 6342287 6622256 6620494 0 1762 5288651 5288651 45480 42092 3388 9433 8730 703 3407 3153 254 14805 14805 248 248 16119 16119 14042 14042 7482 7482 1087 1087 25725 25725 109 109 450 450 48301 48301 2573 2573 14404 14404 REPAIRS AND MAINTENANCE 20261 20261 TAXES, LICENSES AND FEE 9097 9097 BAD DEBTS 3217 3217 5524891 5477029 47862 0 11695 0 0 0 4262 0 0 0 0 0 7677 0 0 0 198405 0 0 0 0 0 781666 0 1003705 0 30254 0 1480 0 13940 0 1992941 0 62455 0 2101070 0 X -1097365 0 -1097365 0 1003705 0 X 1097365 0 X X 0 0 1 1 X 475187 498881 487073 507758 278207 2247106 475187 498881 487073 507758 278207 2247106 0 224872 256228 229863 263688 73673 1048324 224872 256228 229863 263688 73673 1048324 1198782 1078 614 444 684 1762 4582 1078 614 444 684 1762 4582 476265 499495 487517 508442 279969 2251688 0.53240 0.51070 0.00200 0.00140 X SCHEDULE A, PART III, COLUMN E THE INFORMATION IN SCHEDULE A, PART III, COLUMN E REPRESENTS A SHORT TAX YEAR OF 1/1/23 TO 12/21/23. 0 1 X 0 PART IV, LINE 2B: THE ORGANIZATION HELD TENANT DEPOSITS IN TRUST UNTIL THE PROPERTY WAS SOLD IN JULY , 2023. UPON SALE, THE TENANT DEPOSITS, AND THE ASSOCIATED LIABILITIES, WERE TRANSFERED TO THE BUYER. ACCORDINGLY THE ORGANIZATION HAD NO TENANT DEPOSITS AT THE END OF THE PERIOED. PRIOR YEAR AMOUNTS HELD FOR RESIDENTS ARE REPORTED ON FORM 990, PART X, COLUMN A, LINES 15 AND 21. 0 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC PO BOX 44755 PHOENIX AZ 85064 510181446 501(C)(3) 5288651 0 SENIOR HOUSING 1 0 LAND AT 7310 EAST PALM LANE, SCOTTSDALE, AZ 85257 2023-07-14 1102500 SALES PRICE 883986500 ARHS HOUSING PARTNERS LP 26565 WEST AGURA ROAD STUIE 200 CALABASAS CA 91302 PARTNERSHIP BUILDING AT 7310 EAST PALM LANE, SCOTTSDALE, AZ 85257 2023-07-14 4410000 SALES PRICE 883986500 ARHS HOUSING PARTNERS LP 26565 WEST AGURA ROAD STUIE 200 CALABASAS CA 91302 PARTNERSHIP LAND IMPROVEMENTS AT 7310 EAST PALM LANE, SCOTTSDALE, AZ 85257 2023-07-14 551250 SALES PRICE 883986500 ARHS HOUSING PARTNERS LP 26565 WEST AGURA ROAD STUIE 200 CALABASAS CA 91302 PARTNERSHIP FURNITURE, EQUIPMENT 2023-07-14 551250 SALES PRICE 883986500 ARHS HOUSING PARTNERS LP 26565 WEST AGURA ROAD STUIE 200 CALABASAS CA 91302 PARTNERSHIP HUD REPLACEMENT RESERVE 2023-07-14 444059 BALANCE IN CASH ACCOUNT 883986500 ARHS HOUSING PARTNERS LP 26565 WEST AGURA ROAD STUIE 200 CALABASAS CA 91302 PARTNERSHIP CASH 2023-07-17 5048353 CASH 510181446 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC PO BOX 44755 PHOENIX AZ 85064 501(C)(3) CASH 2023-08-09 160000 CASH 510181446 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC PO BOX 44755 PHOENIX AZ 85064 501(C)(3) CASH 2023-10-30 80298 CASH 510181446 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC PO BOX 44755 PHOENIX AZ 91302 501(C)(3) 0 0 0 0 1 0 0 1 0 FORM 990, PART III, LINE 3 THE ORGANIZATION SOLD THE PROPERTY IN JULY 2023, AND CEASED ALL PROGRAMS. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS MARK LISTON, RUTH LISTON AND PATRICK SMITH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF THE ORGANIZATION HAS AGREED THAT ALL MANAGEMENT SERVICES AND OVERSIGHT OF THE ORGANIZATION SHALL BE DONE BY BILTMORE PROPERTIES, INC. BILTMORE PROPERTIES, INC. HAS AGREED TO MANAGE ALL RENTAL OPERATIONS FOR A SPECIFIC FEE PER MONTH. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE CORPORATION IS LIMITED TO INDIVIDUALS WHO ARE EITHER (1) TRUSTEES (DIRECTORS) OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. OR (2) MEMBERS OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. AND WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES (DIRECTORS) OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE SOCIETY ELECT THE BOARD MEMBERS ON AN ANNUAL BASIS FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION CANNOT BE AMENDED IN ANY MANNER WHICH RESULTS IN ANY CHANGE IN A GUARANTOR OF ANY OBLIGATION TO THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT ("HUD") WITHOUT PRIOR WRITTEN APPROVAL FROM HUD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BILTMORE PROPERTIES FOR THE INITIAL REVIEW. IT WILL THEN BE PROVIDED TO THE PRESIDENT AND VICE PRESIDENT OF THE BOARD FOR FINAL REVIEW. ONCE THE FORM 990 IS FINALIZED, A COPY WILL BE PROVIDED TO THE REMAINING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. THE POLICY IS REVIEWED AT THE BOARD MEETING BY ALL BOARD MEMBERS TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT WERE TO EXIST, A BOARD MEMBER MUST REFRAIN FROM VOTING WHEN THE MATTERS ARE BEING DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15 AS THE ORGANIZATION DOES NOT HAVE A TOP MANAGEMENT OFFICIAL AND DOES NOT COMPENSATE INDIVIDUALS SERVING AS OFFICERS, THE BOARD DOES NOT HAVE A PROCESS FOR APPROVING COMPENSATION. THE BOARD DOES HAVE A PROCESS FOR ENGAGING A MANAGEMENT COMPANY TO OVERSEE THE OPERATIONS OF THE ORGANIZATION. THIS PROCESS INCLUDES EVALUATION AND APPROVAL OF A MANAGEMENT COMPANY THAT WILL MEET THE NEEDS OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE RATES TO BE PAID TO THE MANAGEMENT COMPANY AND THE TIME PERIOD OF THE CONTRACT. 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. FORM 990, PART V, LINE 2A EMPLOYEES ARE EMPLOYED BY AN OUTSIDE AGENCY. NO FEDERAL OR STATE PAYROLL REPORTING IS DONE BY THIS ORGANIZATION. FORM 990, PART XII, LINE 3 THE ORGANIZATION WAS REQUIRED TO UNDERGO AN AUDIT OR AUDITS AS SET FORTH IN THE UNIFORM GUIDANCE, 2 C.F.R. PART 200, SUBPART F. THIS AUDIT WAS PERFORMED FOR THE PERIOD OF JANUARY 1, 2023 TO JULY, 13, 2023. ARIZONA RETIREMENT HOME OF SCOTTSDALE II 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 860711505 LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS AZ 501(C)(3) LINE 10 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC 0 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC P O BOX 44755 PHOENIX AZ 85064 510181446 SENIOR CITIZENS' HOUSING AZ 501(C)(3) LINE 10 N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0