2025-04-07T12:44:47-05:00 2024-06-30 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2023-07-01 421510879 POLK COUNTY HOUSING TRUST FUND POLK 5152823233 505 FIFTH AVENUE 1000 DES MOINES IA 50309 COLE MCCLELLAND CHAIR OF THE BOARD 5152823233 2025-04-07 1 0 THOMAS O WELCHANS P01333675 5152258400 2023 2025-03-06 01:10:19Z TOBY O'BERRY 505 FIFTH AVENUE 1000 DES MOINES IA 50309 3498311 0 X WWW.PCHTF.ORG X 2000 IA TO CREATE/SUPPORT AFFORDABLE HOUSING AND RELATED SERVICES IN POLK COUNTY. ALSO, TO DEVELOP COUNTYWIDE STRATEGY AND IMPLEMENT A COMMITMENT TO AFFORDABLE HOUSING. 21 21 14 50 0 0 18467894 2916968 433781 0 353760 542196 18105 39147 19273540 3498311 0 0 0 0 792245 776244 0 0 118365 8125823 7016024 8918068 7792268 10355472 -4293957 19208616 14783584 2042096 1911021 17166520 12872563 TO CREATE/SUPPORT AFFORDABLE HOUSING AND RELATED SERVICES IN POLK COUNTY. ALSO TO DEVELOP COUNTYWIDE STRATEGY AND IMPLEMENT THE COMMITMENT TO AFFORDABLE HOUSING. 0 0 7305592 3626 AFFORDABLE HOUSING PROGRAM - PROVIDE FINANCIAL ASSISTANCE TO QUALIFYING DEVELOPERS, GOVERNMENTAL AGENCIES, OR OTHER NON- PROFIT HOUSING DEVELOPERS TO ACQUIRE, REHABILITATE, OR NEWLY CONSTRUCT AFFORDABLE HOUSING FOR POLK COUNTY RESIDENTS. A FORMAL REVIEW AND APPROVAL PROCESS IS IN PLACE IN THE PROVIDING OF FINANCIAL ASSISTANCE. THE ORGANIZATION EXPENDED $ 6,621,887 IN HOUSING PROGRAM COSTS FOR THE YEAR ENDED JUNE 30, 2024. 7305592 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 0 0 1 0 1 0 1 6 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TOBY O'BERRY 5152823233 505 FIFTH AVENUE SUITE 1000 DES MOINES IA 50309 LUIS MONTOYA CHAIR 1.00 X X 0 0 0 KRIS SCHECHINGER-CAMPER VICE CHAIR 1.00 X X 0 0 0 STEVE VAN OORT SECRETARY 1.00 X X 0 0 0 COLE MCCLELLAND TREASURER 1.00 X X 0 0 0 ENA BABIC BARNES DIRECTOR 1.00 X 0 0 0 ANGELA CONNOLLY DIRECTOR 1.00 X 0 0 0 JUNIOR IBARRA DIRECTOR 1.00 X 0 0 0 JEFF DAMMAN DIRECTOR 1.00 X 0 0 0 JIM GORSCHE DIRECTOR 1.00 X 0 0 0 SARA HOPKINS DIRECTOR 1.00 X 0 0 0 CYNTHIA LATCHAM DIRECTOR 1.00 X 0 0 0 SUZANNE MINECK DIRECTOR 1.00 X 0 0 0 JOSH MANDELBAUM DIRECTOR 1.00 X 0 0 0 CREIGHTON COX DIRECTOR 1.00 X 0 0 0 TJ BRAND DIRECTOR 1.00 X 0 0 0 LINDSAY RONE DIRECTOR 1.00 X 0 0 0 NATHAN DREW DIRECTOR 1.00 X 0 0 0 RACHEL FLINT DIRECTOR 1.00 X 0 0 0 NATHAN SIMPSON DIRECTOR 1.00 X 0 0 0 JAY SINGLETON DIRECTOR 1.00 X 0 0 0 JODIE STEPHENS DIRECTOR 1.00 X 0 0 0 TOBY O'BERRY EXECUTIVE DIRECTOR 40.00 X 80246 0 23802 80246 0 23802 0 0 0 0 0 2916968 2916968 542196 542196 MISCELLANEOUS INCOME 900099 35521 35521 LOAN REPAYMENTS 900099 3626 3626 39147 3498311 39147 0 542196 80246 46752 22640 10854 564557 328914 159282 76361 36636 21249 10258 5129 45574 26433 12761 6380 49231 28681 13891 6659 41800 41800 44460 44460 24153 24153 18288 4370 936 12982 16364 16364 64881 45417 19464 41664 29165 12499 2696 1887 809 12826 12826 HOUSING PROGRAM COSTS 6621887 6621887 MISCELLANEOUS 86937 60855 26082 EQUIPMENT MAINTENANCE 31015 31015 TELEPHONE 5913 4139 1774 3140 866 2274 7792268 7305592 368311 118365 581580 293372 2285121 1911894 681180 1267643 2823807 3052774 5189 9062 31559 23697 8218 7862 9689228 5059290 3134293 3181687 19208616 14783584 58509 54345 1761058 1691077 222529 165599 2042096 1911021 X 7460782 7796763 9705738 5075800 17166520 12872563 19208616 14783584 -4293957 0 X X 0 1 X 1 1 1 X 2972426 4519244 3001498 18467894 2916968 31878030 2972426 4519244 3001498 18467894 2916968 31878030 188741 31689289 176961 128032 147174 353760 542196 1348123 432117 371297 474245 451886 39147 1768692 34994845 0.90550 0.90690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31559 23697 7862 7862 INTEREST RECEIVABLE 14799 FORGIVABLE LOANS 3001289 OPERATING LEASE RIGHT-OF-USE ASSET 165599 3181687 LEASE LIABILITY 165599 165599 X 3498311 0 3498311 0 3498311 7792268 0 7792268 0 7792268 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET FOR AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURES IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S MANAGEMENT REVIEWS THE FORM 990 IN DETAIL. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY BOARD MEMBERS ON AN ANNUAL BASIS. ANY CONFLICTS ARE REVIEWED AND DISCUSSED WITH THE APPROPRIATE PROCEDURES FOLLOWED TO MANAGE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPARABLE COMPENSATION DATA IS COLLECTED AND REVIEWED DURING THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. POLK COUNTY IOWA 111 COURT AVENUE DES MOINES IA 50309 426004519 TO FURTHER COUNTY WIDE EFFORTS FOR AFFORDABLE HOUSING IA N/A N/A N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 POLK COUNTY IOWA C 1500000 BOOK POLK COUNTY IOWA B BOOK