2025-11-14T13:19:40-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2024-01-01 030410639 EAGLE SENIOR VILLAGE INC EAGL 3038303300 1600 BROADWAY SUITE 2000 DENVER CO 802025704 CHAD PAYNE TREASURER 3038303300 2025-11-12 1 1 JOLANTA TUCK P01340068 9164429100 2025-11-10 2024 2025-03-06 01:10:19Z JOSEPH THOMPSON 1600 BROADWAY SUITE 2000 DENVER CO 802025704 203266 0 X WWW.MERCYHOUSING.ORG X 2001 ID OWN AND OPERATE A 20-UNIT APARTMENT PROJECT WHICH PROVIDES HOUSING TO LOW-INCOME ELDERLY, HANDICAPPED AND HOMELESS FAMILIES 3 0 0 0 0 0 111940 126612 73796 74757 104 242 497 1655 186337 203266 0 0 0 0 0 0 0 0 0 190448 218260 190448 218260 -4111 -14994 804982 784695 286783 281490 518199 503205 OWN AND OPERATE A 20-UNIT APARTMENT PROJECT WHICH PROVIDES HOUSING TO LOW-INCOME FAMILIES, ELDERLY, HANDICAPPED, HOMELESS, POTENTIALLY HOMELESS, OR OTHERWISE DISADVANTAGED PERSONS 0 0 206660 76412 OWN AND OPERATE A 20-UNIT APARTMENT PROJECT IN EAGLE, IDAHO, KNOWN AS EAGLE SENIOR VILLAGE APARTMENTS, WHICH PROVIDES HOUSING TO LOW-INCOME FAMILIES, ELDERLY, HANDICAPPED, HOMELESS, POTENTIALLY HOMELESS, OR OTHERWISE DISADVANTAGED PERSONS 206660 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHAD PAYNE 3038303300 1600 BROADWAY SUITE 2000 TREASURER CO 802025704 COLIN MORGAN-CROSS VICE PRESIDENT/DIRECTOR 0.10 39.90 X X 0 192811 13107 JOSEPH THOMPSON PRESIDENT/DIRECTOR 0.10 39.90 X X 0 251757 43633 MENA PEEBLES VICE PRESIDENT/DIRECTOR 0.10 39.90 X X 0 120355 17760 CHAD PAYNE TREASURER 0.10 39.90 X 0 201515 9965 JOE ROSENBLUM SECRETARY 0.10 39.90 X 0 232582 10382 KASSIDI BOENING VICE PRESIDENT 0.10 39.90 X 0 163942 31209 MELISSA CLAYTON VICE PRESIDENT 0.10 39.90 X 0 273011 35478 0 1435973 161534 0 0 1 0 0 126612 126612 NET RENTAL REVENUE 531110 74757 74757 74757 242 242 1655 1655 1655 203266 76412 0 242 X 15840 15840 11600 11600 41291 41291 6435 6435 67967 67967 1544 1544 54736 54736 RESIDENT SERVICES 18485 18485 BAD DEBTS 212 212 TAXES/LICENSES/PERMITS 150 150 218260 206660 11600 0 X 29007 26320 811 1085 5649 5590 1581923 1057569 579090 524354 190425 227346 804982 784695 18822 13856 2458 2131 5503 5503 260000 260000 286783 281490 X 518199 503205 518199 503205 804982 784695 -14994 0 X 0 1 X 1 1 1 X 95058 95890 105097 111940 126612 534597 66531 70023 128517 73796 74757 413624 161589 165913 233614 185736 201369 948221 0 0 0 948221 12 7 7 104 242 372 12 7 7 104 242 372 497 1655 2152 161601 165920 233621 186337 203266 950745 0.99730 0.99930 0.00040 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING - 2023 AMOUNT: $ 482. OTHER INCOME - 2023 AMOUNT: $ 15. 2024 AMOUNT: $ 1,655. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 122374 122374 1447516 1045536 401980 12033 12033 0 524354 TENANT DEPOSITS 6911 RESERVE FOR REPLACEMENTS 220435 227346 X 203266 0 203266 0 203266 218260 0 218260 0 218260 PART IV, LINE 2B: THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. PART X, LINE 2: THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2021 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 MELISSA CLAYTON VICE PRESIDENT 0 263011 0 10000 0 0 0 16578 0 18900 0 308489 0 0 JOSEPH THOMPSON PRESIDENT/DIRECTOR 0 246257 0 5500 0 0 0 13475 0 30158 0 295390 0 0 JOE ROSENBLUM SECRETARY 0 227582 0 5000 0 0 0 9554 0 828 0 242964 0 0 CHAD PAYNE TREASURER 0 198015 0 3500 0 0 0 9137 0 828 0 211480 0 0 COLIN MORGAN-CROSS VICE PRESIDENT/DIRECTOR 0 190411 0 2400 0 0 0 11614 0 1493 0 205918 0 0 KASSIDI BOENING VICE PRESIDENT 0 159942 0 4000 0 0 0 10331 0 20878 0 195151 0 0 PART I, LINE 3 ANNUALLY THE EXECUTIVE COMMITTEE WITHIN THE MERCY HOUSING, INC. BOARD OF TRUSTEES WILL REVIEW EXECUTIVE SALARIES TO ENSURE COMPETITIVENESS WITH EXTERNAL MARKETS AND FOR INTERNAL EQUITY IN RELATION TO GENERAL EMPLOYEE WAGES AND BENEFITS, INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE, AND THE FINANCIAL RESOURCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE PROPERTY IS MANAGED MERCY HOUSING MANAGEMENT GROUP ("MHM"), AN AFFILIATE OF THE CORPORATION, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE CURRENT MANAGEMENT AGREEMENT PROVIDES FOR A MANAGEMENT FEE EQUAL TO 8.89 PERCENT OF GROSS RESIDENTIAL COLLECTIONS, AS DEFINED, FOR MANAGING THE OPERATIONS OF THE PROPERTY. THE PROPERTY ALSO RECEIVES $4 PER UNIT PER MONTH FOR THE BETTER BUILDINGS CHALLENGE AS AN ADDITIONAL MANAGEMENT FEE. SUCH FEES CHARGED TO ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2024 WERE $15,840. FORM 990, PART VI, SECTION A, LINE 6 EAGLE SENIOR VILLAGE INC IS A NONSTOCK, NONPROFIT CORPORATION WITH MERCY HOUSING IDAHO, INC. AS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES OF MERCY HOUSING, INC. HAS AUTHORITY OVER EAGLE SENIOR VILLAGE INC. IN VARIOUS ASPECTS OF OPERATIONS AND MANAGEMENT. THE RESERVED RIGHTS HELD BY THE MERCY HOUSING BOARD OF TRUSTEES, WHICH MAY BE FURTHER DELEGATED TO THE PRESIDENT AND CEO OF MERCY HOUSING, INC., INCLUDE APPROVAL OF THE FOLLOWING ACTIVITIES: REVISIONS TO ARTICLES AND BYLAWS; MERGERS AND ACQUISITIONS; ESTABLISHMENT OF NEW ENTITIES; PLEDGING, MORTGAGING OR DISPOSING OF ALL OR SUBSTANTIALLY ALL ASSETS; OBLIGATIONS OF NEW OPERATING AND MORTGAGE DEBT; AND, APPOINTMENT OR REMOVAL OF GOVERNING BOARD MEMBERS AND OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B SAME AS LINE 7A FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE OF MERCY HOUSING, INC. REVIEWS PERIODICALLY THE CONFLICT OF INTEREST DISCLOSURES AND DETERMINES WHETHER ANY ACTION IS REQUIRED. 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 IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 41,291. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,291. FORM 990, PART X, LINE 23: THE MORTGAGE ACQUIRED ON JULY 18, 2003 IS HELD BY IDAHO HOUSING AND FINANCE ASSOCIATION IN THE ORIGINAL AMOUNT OF $260,000. THE NOTE DOES NOT BEAR INTEREST. THE NOTE MATURES ON JULY 23, 2043. ALL PRINCIPAL IS DUE AT MATURITY. THE NOTE IS COLLATERALIZED BY THE BUILDING AND ITS IMPROVEMENTS. THE PURPOSE OF THIS LOAN IS TO HELP IN THE COMPLETION OF CONSTRUCTION OF THE PROJECT. 2101 TELEGRAPH AVENUE INC 1600 BROADWAY SUITE 2000 DENVER CO 80202 943222935 LOW-INC HSNG CA 501(C)(3) LINE 12A, I MERCY HOUSING INC 0 ALEXANDRIA MINISTRIES INC 1600 BROADWAY SUITE 2000 DENVER CO 80202 475177987 LOW-INC HSNG IN 501(C)(3) LINE 10 MERCY HOUSING INC 0 ALL HALLOWS COMMUNITY 1600 BROADWAY SUITE 2000 DENVER CO 80202 942722870 LOW-INC HSNG CA 501(C)(3) LINE 10 MERCY HOUSING INC 0 ALLEGRE POINT SENIOR RESIDENCES 1600 BROADWAY SUITE 2000 DENVER CO 80202 204295472 LOW-INC HSNG CO 501(C)(3) LINE 10 MERCY HOUSING INC 0 ASSISI HOMES - BATAVIA APARTMENTS INC 1600 BROADWAY SUITE 2000 DENVER CO 80202 363914084 LOW-INC HSNG IL 501(C)(3) LINE 10 MERCY HOUSING INC 0 ASSISI HOMES - COLONY PARK INC 1600 BROADWAY SUITE 2000 DENVER CO 80202 364039278 LOW-INC HSNG IL 501(C)(3) LINE 10 MERCY HOUSING INC 0 ASSISI HOMES - CONSTITUTION HOUSE INC 1600 BROADWAY SUITE 2000 DENVER CO 80202 364049150 LOW-INC HSNG IL 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