2024-11-05T14:04:51-06:00 2023-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2023-01-01 396092644 BAYVIEW FOUNDATION INC BAYV 6082567808 103 LA MARIPOSA LN MADISON WI 53715 ALEXIS LONDON EXECUTIVE DIRECTOR 6082567808 2024-11-05 1 1 DOUGLAS BERRY P00540951 6088318181 2023 2024-10-15 13:58:12Z X ALEXIS LONDON 103 LA MARIPOSA MADISON WI 53715 14066668 0 X WWW.BAYVIEWFOUNDATION.ORG X 1966 WI BAYVIEW FOUNDATION, INC. IS A NONPROFIT ORGANIZATION THAT PROVIDES AFFORDABLE HOUSING AND SUPPORTIVE SERVICES TO LOW INCOME RESIDENTS. BAYVIEW IS MADE UP OF BAYVIEW APARTMENTS AND A COMPREHENSIVE COMMUNITY CENTER LOCATED IN THE MIDDLE OF THE HOUSING DEVELOPMENT.MISSION: THE BAYVIEW FOUNDATION SUPPORTS ITS CULTURALLY DIVERSE, LOW-INCOME FAMILIES IN REALIZING THEIR ASPIRATIONS BY PROVIDING AFFORDABLE HOUSING, FOSTERING CULTURAL PRIDE, AND BUILDING COMMUNITY THROUGH THE ARTS, EDUCATION, AND RECREATION. 11 11 42 75 0 0 3168303 4759413 195277 1319302 76884 252199 439696 389804 3880160 6720718 0 0 0 0 1070810 1184403 0 0 189680 266672 260761 1337482 1445164 2542678 5275554 9631106 15277793 59277 109849 9571829 15167944 THE BAYVIEW FOUNDATION SUPPORTS ITS CULTURALLY DIVERSE, LOW-INCOME FAMILIES IN REALIZING THEIR ASPIRATIONS BY PROVIDING AFFORDABLE HOUSING, FOSTERING CULTURAL PRIDE, AND BUILDING COMMUNITY THROUGH THE ARTS, EDUCATION, AND RECREATION. 0 0 333245 1318827 BAYVIEW MANAGES 102 UNITS OF RESIDENTIAL HOUSING INTENDED FOR LOW TO MODERATE INCOME HOUSEHOLDS IN MADISON, WI. THE MAJORITY OF THE HOUSING UNITS ARE COVERED BY A SECTION 8 CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. APPROXIMATELY 275 RESIDENTS LIVE AT BAYVIEW. BAYVIEW IS IN THE PROCESS OF REDEVELOPING AND WILL GROW TO 130 UNITS BY THE END OF 2024. 740714 475 BAYVIEW'S CENTRALLY LOCATED COMMUNITY CENTER PROVIDES SOCIAL, RECREATIONAL, EDUCATIONAL AND CULTURAL PROGRAMS TO BAYVIEW RESIDENTS AS WELL AS THE TRIANGLE AND MONONA BAY NEIGHBORHOODS AT LARGE. THOUSANDS OF RESIDENTS ARE SERVED BY CENTER SERVICES EACH YEAR. IN 2023, BAYVIEW'S FOOD PANTRY PROVIDED 90,000 POUNDS OF FOOD TO FAMILIES IN NEED AND PROVIDED OVER 3,000 PROGRAM HOURS IN OUT OF SCHOOL PROGRAMMING, FOOD ACCESS, SENIOR AND ADULT PROGRAMS AND MENTAL HEALTH SUPPORT. 1073959 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 16 0 1 42 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 WI X X X BAYVIEW FOUNDATION ALEXIS LONDON 6082567808 103 LA MARIPOSA LN MADISON WI 53715 MARY BERRYMAN AGARD PRESIDENT 2.00 X X 0 0 0 CRAIG STANLEY VICE-PRESIDENT 2.00 X X 0 0 0 SCOTT THORNTON TREASURER 2.00 X X 0 0 0 JEAN BERG CO-SECRETARY 2.00 X X 0 0 0 ASSITA DIARRA CO-SECRETARY 2.00 X X 0 0 0 KEN AXE MEMBER 2.00 X 0 0 0 JAMES CORONA MEMBER 2.00 X 0 0 0 XONG VANG MEMBER 2.00 X 0 0 0 TAG EVERS MEMBER 2.00 X 0 0 0 CRAIG SCHMIDT MEMBER 2.00 X 0 0 0 ANGELA JONES MEMBER 2.00 X 0 0 0 ALEXIS LONDON EXECUTIVE DIRECTOR 40.00 X 124586 0 24610 124586 0 24610 1 0 0 0 0 7267 567921 4184225 145704 4759413 DEVELOPER FEE INCOME 531110 1127439 1127439 PROPERTY MANAGEMENT FEE 531110 122429 122429 COMPANY ADMIN FEE 531110 68959 68959 FACILITY USE - COMMUNITY CENTER 531110 475 475 1319302 265890 265890 7332259 7345950 -13691 -13691 -13691 MISCELLANEOUS INCOME 900099 389804 389804 389804 6720718 1709106 0 252199 149196 47577 67192 34427 822668 675296 56590 90782 25097 16700 2680 5717 115902 63088 22233 30581 71540 55141 8062 8337 9181 2758 5472 951 1158 1158 24363 19490 2436 2437 73936 73535 401 26700 8354 3740 14606 9357 3024 5105 1228 37260 36285 975 9770 6523 2633 614 5675 5675 2848 2848 COMMUNITY CENTER EXPENS 60081 60081 MISCELLANEOUS EXPENSES 432 432 1445164 1073959 181525 189680 458830 680030 337920 480472 1643748 1418396 270731 1550135 2190740 3050299 31228 4132 207787 104549 43913 103238 3094030 4193105 64 -41 1559902 3798027 9631106 15277793 59277 109849 59277 109849 X 5302305 10567151 4269524 4600793 9571829 15167944 9631106 15277793 5275554 320561 0 X 0 1 X 1 1 1 X 263279 684600 2153663 3168303 4759413 11029258 263279 684600 2153663 3168303 4759413 11029258 1487464 9541794 5013 12050 44922 206285 265890 534160 11563418 7351697 0.82520 0.91150 X PART II, SHORT YEAR EXPLANATION: THE 2019 COLUMN ON SCHEDULE A, PART II REPRESENTS THE TAX YEAR BEGINNING APRIL 1, 2019 AND ENDING DECEMBER 31, 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65000 X DISPLAYED FOR RESIDENTS 0 169134 20179 -3065 186248 196001 -24056 -2811 169134 56785 125957 13259 196001 50000 7047 262 56785 1.00000 1 0 28969 20658 8311 113818 83891 29927 65000 65000 103238 RESERVES: ECIO - GENERAL RESERVE FUND 1058397 F RESERVES: ECIO - OPERATING ENDOWMENT 100111 F RESERVES: ECIO - CAPITAL CAMPAIGN 1859308 F RESERVES: ECIO - COMM. CENTER MAINTENANCE RESERVE 1175289 F 4193105 RESERVES: MADISON COMM FOUNDATION 86137 RESERVES: ECIO - HOUSING PROJECT 1557477 FIXED ASSETS: CONSTRUCTION IN PROGRESS 72706 LOAN RECEIVABLE 2081707 3798027 7041279 320561 320561 6720718 0 6720718 1445164 0 1445164 0 1445164 PART III, LINE 4: BAYVIEW'S COLLECTIONS OF ART CONSIST OF SEVERAL SCULPTURES AND MURALS WHICH ARE DISPLAYED AROUND THE APARTMENT COMPLEX AND COMMUNITY CENTER FOR ITS RESIDENTS AND COMMUNITY CENTER PARTICIPANTS' ENJOYMENT. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS CONSIST OF THE OPERATING ENDOWMENT AND THE MADISON COMMUNITY FOUNDATION ENDOWMENT ESTABLISHED FOR THE GENERAL OPERATIONS OF THE ORGANIZATION. ITS ENDOWMENTS INCLUDE FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. 990 SCHEDULE D, PAGE 4, PART XI, LINE 2D CONTRIBUTIONS AND NET ASSETS RELEASED FROM RESTRICTIONS. 990 SCHEDULE D, PAGE 4, PART XI, LINE 2D: IN-KIND DONATION 990 SCHEDULE D, PAGE 4, PART XI, LINE 2D: IN-KIND EXPENSE X 6 145704 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, A MEMBER OF THE FINANCE COMMITTEE, AND THE PRESIDENT BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NO MEMBER OF THE BAYVIEW FOUNDATION BOARD OF DIRECTORS OR STAFF SHALL DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION IN THE BAYVIEW FOUNDATION. EACH INDIVIDUAL SHALL DISCLOSE TO THE BAYVIEW FOUNDATION ANY PERSONAL INTEREST THAT HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S PERSONNEL COMMITTEE COMPILED AND REVIEWED SALARIES FOR EXECUTIVE DIRECTORS AT SIMILAR/RELATED NONPROFIT ORGANIZATIONS IN MADISON AND DANE COUNTY. BASED ON THEIR REVIEW AND COMPARISON, THE EXECUTIVE DIRECTOR'S SALARY IS RECOMMENDED TO THE BOARD. THE BOARD APPROVED THE SALARY AT THE END OF THE YEAR BOARD MEETING IN NOVEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ELECTION NOTICE - SECTION 168(H)(6)(F)(II): TO: INTERNAL REVENUE SERVICE CINCINNATI SERVICE CENTER FROM: BAYVIEW HOUSING MM, LLC C/O BAYVIEW FOUNDATION, INC. 103 LA MARIPOSA LN MADISON, WI 53715 E.I.N.: XXX-XX-XXXX SUBJECT: FORM 4562: DEPRECIATION AND AMORTIZATION ELECTION UNDER INTERNAL REVENUE CODE SECTION 168(H)(6)(F)(II) PURSUANT TO TREASURY REGULATIONS SECTION 301.91007T(A)(2)(I) AND (3), BAYVIEW HOUSING MM, LLC, A FORPROFIT SUBSIDIARY OF BAYVIEW FOUNDATION, INC., A WISCONSIN NOTFORPROFIT ORGANIZATION, HEREBY ELECTS UNDER INTERNAL REVENUE CODE SECTION 168(H)(6)(F)(II) AS FOLLOWS: (I) NOT TO BE TREATED AS A TAX EXEMPT ENTITY FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 168(H)(5) AND (6), AND (II) TO TREAT ANY GAIN RECOGNIZED BY ITS TAXEXEMPT PARENT ON ANY DISPOSITION OF AN INTEREST IN IT (AND TO TREAT ANY DIVIDEND OR INTEREST RECEIVED OR ACCRUED BY ITS TAXEXEMPT PARENT FROM IT) AS UNRELATED BUSINESS TAXABLE INCOME UNDER INTERNAL REVENUE CODE SECTION 511. BAYVIEW HOUSING MM LLC 103 LA MARIPOSA LN MADISON WI 53715 852195531 RENTAL REAL ESTATE HOUSING - MANAGING MEMBER WI BAYVIEW FOUNDATION INC C -200 163751 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0