2025-05-21T09:53:50-00:00 2024-06-30 431794646 WELCH & ASSOCIATES LLC 2405 GRAND BOULEVARD SUITE 1040 KANSAS CITY MO 64108 990 2023-07-01 431815326 SAVE RESIDENTIAL INC SAVE 8165318340 PO BOX 45301 KANSAS CITY MO 64171 PATRICK MCLAUGHLIN EXECUTIVE DIRECTOR 8165318340 2025-05-20 true true BRIAN D WELCH P00177410 8167562620 2025-05-15 2023 2025-03-06 01:10:19Z PATRICK MCLAUGHLIN PO BOX 45301 KANSAS CITY MO 64171 67721 false X WWW.SAVEINC.ORG X 1997 MO Save Residential, Inc. is a nonprofit organization that operates apartment buildings with a total of 8 units, for persons with HIV and other qualifying individuals.The primary source of revenue is from renting apartment 17 17 0 0 56086 51682 22213 15988 45 51 154582 0 232926 67721 0 0 19124 0 0 0 75680 101057 94804 101057 138122 -33336 520674 410504 85619 612785 435055 -202281 Save Residential, Inc is a nonprofit organization that operates apartment buildings with a total of 8 units for persons with HIV and other qualifying individuals. The Organization is operated under Section 811 of the National Affordable Housing Act of 1990 and is regulated by and getsreceives rental assistance the HUD. false false 72355 15988 Provide permanent housing to 9 low-income disabled indiduals and families. 72355 true true false false false false false false true false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 17 17 false true false false false false false true true false false false true true true true true false false false X BRIAN DURKIN 8165318340 3000 HARRISON STREET KANSAS CITY MO 64109 X BILL WALBERG PRESIDENT 000.25 002.40 X X 0 0 0 STEVEN BAUGH VICE-PRESIDENT 000.15 001.50 X X 0 0 0 SCOTT WENZEL TREASURER 000.15 001.50 X X 0 0 0 RACHEL BARNES SECRETARY 000.15 001.50 X X 0 0 0 TODD JOE TREASURER former 000.15 001.50 X X 0 0 0 DEBI JACKSON SECRETARY former 000.05 000.70 X X 0 0 0 AHMED SHALABI DIRECTOR 000.05 000.70 X 0 0 0 ANGELA RIZZO DIRECTOR 000.15 001.50 X 0 0 0 BLAKE DANKERT DIRECTOR 000.05 000.70 X 0 0 0 CAROL HINTZ DIRECTOR 000.15 001.50 X 0 0 0 COURTNEY MEYER DIRECTOR 000.05 000.70 X 0 0 0 GHADEER GARCIA DIRECTOR 000.05 000.70 X 0 0 0 HEATHER BRADLEY-GEARY DIRECTOR 000.15 001.50 X 0 0 0 JOE PERRY DIRECTOR 000.05 000.70 X 0 0 0 MINDY MEADOWW DIRECTOR 000.05 000.70 X 0 0 0 RON WHITE DIRECTOR 000.05 000.70 X 0 0 0 STEPHANIE PARKER DIRECTOR 000.05 000.70 X 0 0 0 TABITHA DAVIS DIRECTOR 000.05 000.70 X 0 0 0 AARON CROSSLEY DIRECTOR 000.05 000.70 X 0 0 0 JOCELYN PFLIEGIER DIRECTOR 000.05 000.70 X 0 0 0 false false false 51682 51682 Rental and ancillary Income 531110 15988 15988 15988 51 51 67721 15988 51 X 0 0 0 0 0 0 0 0 0 0 3528 1764 1764 587 587 5020 5020 0 0 8187 6550 1637 0 1843 922 921 0 0 9386 7508 1878 0 0 0 0 0 35239 28191 7048 9049 7239 1810 Management company reimbursed expenses 18306 12976 5330 Real estate owned expenses - repairs, maintenance 3425 2740 685 Bad debt expense 1981 1981 4506 1897 2609 101057 72355 28702 0 144 144 49004 72273 15 894832 536201 393870 358631 5383 51714 520674 410504 84895 1480 1305 604000 724 6000 85619 612785 X 435055 -202281 435055 -202281 520674 410504 X -33336 -604000 X true X true X true false X 39958 86554 58961 56086 51682 293241 39958 86554 58961 56086 51682 293241 293241 16 21 21 45 51 154 293395 66560 0.99950 0.99960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true X 41411 41411 853421 536201 317220 358631 Financial derivatives and other financial products Closely-held equity interests Restricted deposits - tenant security deposits 1555 Restricted deposits - replacement reserve 50159 51714 Federal income taxes DUE TO THIRD PARTY 6000 6000 IV 2B THE ORGANIZATION COLLECTS SECURITY DEPOSITS FROM ITS RESIDENT TENANTS THAT ARE REFUNDED/RETAINED AT THE TIME THE TENANT MOVES OUT DEPENDING ON ANY OUTSTANDING CHARGES ARE OWED BY THE TENANT. Form 990, Part XI, Line 9 The organization participates in HUDs Section 811 Supportive Housing Program. As required by GAAP, capital advances provided by HUD are recorded as a long-term liability. These non-interest-bearing advances do not require repayment so long as the organization complies with HUD use restrictions over a 40-year period. The resulting negative net asset position is not indicative of short-term liquidity but reflects the accounting treatment of the HUD capital advance under GAAP. The company expects to continue complying with HUD use restrictions going forward. In prior years, the HUD capital advance liability was presented as equity - as if the 40-year use restrictions had been met and the loan had been forgiven. Since this has not occurred, equity was reduced by the amount of the liability as of June 30, 2024. Form 990, Part VI, Section B, Line 11b This tax return is prepared by the independent accounting firm that performed the financial audit of the Organizations financial statements. The tax return is reviewed by the Assistant Executive Director . Any questions or concerns are discussed with the Preparer. Once all issues are resolved, the tax return is provided to the Board of Directors for their review prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, Line 12c At the first board meeting each year, Directors complete a conflict of inter form which is reviewed by the CEO and Board President. Any identified conflicts are handled according to policy. Form 990, Part VI, Section B, Line 15 a,b These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary. Form 990, Part VI, Section C, Line 19 These documents are maintained at the Organizations corporate office see mailing address and made available to requesting parties at no charge. Form 990, Part IX, Line 11g The organization participates in HUDs Section 811 Supportive Housing Program. As required by GAAP, capital advances provided by HUD are recorded as a long-term liability. These non-interest-bearing advances do not require repayment so long as the organization complies with HUD use restrictions over a 40-year period. The resulting negative net asset position is not indicative of short-term liquidity but reflects the accounting treatment of the HUD capital advance under GAAP. The company expects to continue complying with HUD use restrictions going forward. In prior years, the HUD capital advance liability was presented as equity - as if the 40-year use restrictions had been met and the loan had been forgiven. Since this has not occurred, equity was reduced by the amount of the liability as of June 30, 2024. Form 990, Part VI, Section A, Line 3 Management services are provided by SAVE, Inc. parent organization employees. SAVE INC PO BOX 45301 KANSAS CITY MO 64171 431465268 Housing and wrap around services MO 501c3 Line 7 N/A false SAVE SUPPORTIVE HOUSING INC PO BOX 45301 KANSAS CITY MO 64171 431816846 Affordable housing - permanent MO 501c3 Line 7 SAVE Inc false SAVE HOUSING INC PO BOX 45301 KANSAS CITY MO 64171 431777979 Affordable housing - temporary MO 501c3 Line 7 SAVE Inc false SAVE DEVELOPMENT INC PO BOX 45301 KANSAS CITY MO 64171 431668674 Affordable housing - temporary MO 501c3 Line 7 SAVE Inc false false false false false false false false false false false false false true false false true false false false