2025-01-31T13:58:39-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-07-01 352196816 BRIDGEWAY HOMES 02 BRID 3093442323 2323 N WINDISH DRIVE GALESBURG IL 61401 WILLIAM NELSON CEO 3093442323 2025-01-31 1 1 SAMUEL A CIGELNIK P00324762 3096714500 2025-01-31 2023 2025-03-06 01:10:19Z WILLIAM NELSON 2323 N WINDISH DRIVE GALESBURG IL 61401 150390 0 X N/A X 2003 IL TO PROVIDE HOUSING FOR THE LOW INCOME ELDERLY AND DISABLED PEOPLE. 6 5 0 5 0 0 0 0 150432 149373 318 459 51 558 150801 150390 0 0 0 0 15434 16751 0 0 0 194879 195295 210313 212046 -59512 -61656 877027 855627 1855438 1895694 -978411 -1040067 TO PROVIDE HOUSING FOR THE LOW INCOME ELDERLY AND DISABLED PEOPLE. 0 0 169091 149373 PROVIDE HOUSING FOR THE LOW INCOME ELDERLY AND DISABLED PEOPLE. 169091 1 0 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 1 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 IL X BRIDGEWAY INC 3093442323 2323 N WINDISH DRIVE GALESBURG IL 61401 X STEVE TIBBITTS VICE CHAIRMAN 0.50 4.50 X X 0 0 0 DAVID GARNER CHAIRMAN 0.50 4.50 X X 0 0 0 WILLIAM NELSON CEO/PRESIDENT 0.50 6.00 X X 0 0 0 JASON DUNCAN BOARD MEMBER 0.50 4.50 X 0 0 0 CHRIS BUTCHER BOARD MEMBER 0.50 4.50 X 0 0 0 SETH MINTER BOARD MEMBER 0.50 4.50 X 0 0 0 STACI DANNER TREASURER 0.50 6.00 X 0 0 0 JENNIFER DALTON SECRETARY 0.50 6.00 X 0 0 0 0 0 0 0 0 0 0 0 HOUSING ASSISTANCE PMT 623990 97895 97895 APARTMENT CARRY CHARGE 623990 51478 51478 149373 459 459 LAUNDRY & VENDING 623990 558 558 558 150390 149373 0 1017 16751 12726 4025 14412 14412 675 675 13590 13590 10068 10068 23689 23689 59 59 64648 64648 16443 16443 OPERATING AND MAINTENAN 51166 51166 MISC TAXES/LICENSES/PER 419 419 MISCELLANEOUS EXPENSE 126 126 212046 169091 42955 0 3485 4168 67 2445 8439 5072 1726481 1128546 644268 597935 220768 246007 877027 855627 173507 213678 1679300 1679300 2631 2716 1855438 1895694 X -978411 -1040067 -978411 -1040067 877027 855627 -61656 0 X 0 1 X 0 1 1 X 130686 133477 123774 150432 149373 687742 130686 133477 123774 150432 149373 687742 687742 219 97 98 318 459 1191 911 1082 1743 51 558 4345 693278 0.99200 0.99190 X 37809 37809 1648936 1112913 536023 18109 9802 8307 21627 5831 15796 597935 TENANT SECURITY DEPOSITS 2886 ESCROW DEPOSITS 4546 RESERVE FOR REPLACEMENTS 238575 246007 TENANT SECURITY DEPOSITS 2716 2716 X 150390 0 150390 0 150390 212046 0 212046 0 212046 PART X, LINE 2: PROVISION FOR INCOME TAXES IS NOT REQUIRED SINCE THE CORPORATION IS A NONPROFIT ORGANIZATION ESTABLISHED UNDER SECTION 501(C)(3) OF THE IRC AND, ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS. ORGANIZATIONS LISTED IN PART D BELO OFFICERS OF THIS ORGANIZATION ARE OFFICERS OF ORGANIZATIONS LISTED BELOW 257368 THE AMOUNT DISCLOSED INCLUDES THE AMOUNT OWED FROM THIS ORGANIZATION TO THE LISTED ORGANIZATIONS AT YEAR-END AND THE EXPENSE PAID/INCURRED TO THESE ORGANIZATIONS DURING THE CURRENT YEAR.AMOUNT OWED AT 6/30/2024 TO BRIDGEWAY, INC., HUMAN SERVICE PROFESSIONALS, LLC, AND BRIDGEWAY FOUNDATION: MANAGEMENT FEES = $ 5,040 MAINTENANCE FEES = $ 44,793 MANAGEMENT SALARY = $103,140 OTHER = $ 48,355TOTAL = $201,328EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS, LLC: MANAGEMENT AGREEMENT = $14,412 MAINTENANCE CONTRACT = $ 6,636 BOOKKEEPING FEES = $ 3,456 SALARY REIMBURSEMENT = $16,751 CLEANING EXPENSE = $14,785 TOTAL = $56,040 1 FORM 990, PART VI, SECTION A, LINE 3 DAILY MANAGEMENT SERVICES ARE PERFORMED BY HUMAN SERVICE PROFESSIONALS, LLC AND BRIDGEWAY, INC. FORM 990, PART VI, SECTION A, LINE 8B DUE TO THE SIZE OF THE BOARD, THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED BY THE TREASURER AND PRESIDENT BEFORE SIGNATURE. THE RETURN IS APPROVED BY THE BOARD PRIOR TO OR AFTER FILING DEPENDING UPON TIMING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS GO THROUGH INDEPENDENCE TRAINING AND ARE REQUIRED TO REPORT ANY CONFLICTS TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. SCHEDULE R, PART V, LINE 2 TRANSACTIONS WITH RELATED PARTY: AT JUNE 30, 2024, BRIDGEWAY HOMES 02 OWED TO BRIDGEWAY INC. THE FOLLOWING: MAINTENANCE FEES $ 44,793 RESIDENT MANAGEMENT SALARY $ 103,140 OTHER $ 40,630 TOTAL AMOUNT DUE $188,563 AMOUNT REPORTED ON SCHEDULE R, PART V, LINE 2 OTHER THAN THE AMOUNT DETAILED ABOVE, REFLECTS EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. FOR THE PERIOD ENDED JUNE 30, 2024. AT JUNE 30, 2024 BRIDGEWAY HOMES 02 OWED TO BRIDGEWAY FOUNDATION $7,725 FOR OPERATIONS AND MAINTENANCE EXPENSES. BRIDGEWAY INC 2323 N WINDISH DRIVE GALESBURG IL 61401 370984175 DIVERSIFIED SERVICES TO NEEDY IL 501(C)(3) 9 0 BRIDGEWAY FOUNDATION 2323 N WINDISH DRIVE GALESBURG IL 61401 371030683 PROPERTY MANAGEMENT IL 501(C)(3) 9 0 BRIDGEWAY TRAINING SERVICES INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371121014 EMPLOYMENT TRAINING SERVICES TO DISABLED & DISADVANTAGED IL 501(C)(3) 9 0 MCRC REHABILITATION INC 2323 N WINDISH DRIVE GALESBURG IL 61401 363558388 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY SANDBURG 2323 N WINDISH DRIVE GALESBURG IL 61401 371358634 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY HOUSING INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371341741 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 MCRC HOUSING INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371182243 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 RESIDENTIAL FACILITIES CORPORATION 2323 N WINDISH DRIVE GALESBURG IL 61401 363682153 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY KEWANEE 04 2323 N WINDISH DRIVE GALESBURG IL 61401 201093505 HOUSING TO LOW-INCOME AND DISABLED IL 501(C)(3) 7 0 BRIDGEWAY MCKINLEY INC 2323 N WINDISH DRIVE GALESBURG IL 61401 371358635 HOUSING TO ELDERLY AND DISABLED IL 501(C)(3) 7 0 MIDWEST SPECIAL RECREATION ASSOCIATION 2323 N WINDISH DRIVE GALESBURG IL 61401 371290554 RECREATIONAL PROGRAMS FOR DISABLED IL 501(C)(3) 7 0 BRIDGEWAY PROPERTIES CORPORATION 2323 N WINDISH DRIVE GALESBURG IL 61401 363454961 FURNISH SERVICES/FACILITIES TO OTHER ORGANIZATIONS IL 501(C)(2) 7 0 ILLINOIS GROWTH ENTERPRISES 7200 CLINTON ROAD LOVES PARK IL 61111 362694680 VOCATIONAL DEVELOPMENT & EMPLOYMENT TRAINING IL 501(C)(3) 9 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 BRIDGEWAY INC M 24877 BRIDGEWAY INC P 16751 BRIDGEWAY INC E 188563