2024-07-30T13:36:47-05:00 2023-12-31 752138464 OLIVER RAINEY & WOJTEK LLP 2909 SHERWOOD WAY SUITE 300 SAN ANGELO TX 76901 990 2023-01-01 751555161 RIO CONCHO INC RIOC 3256559046 401 RIO CONCHO DRIVE SAN ANGELO TX 76903 ELISABETH ELSASS EXECUTIVE DIRECTOR 3256531581 2024-07-30 1 1 MEGHAN D KAUTEN CPA P01320734 3259426713 2023 2024-08-08 14:25:15Z ELISABETH ELSASS 401 RIO CONCHO DRIVE SAN ANGELO TX 76903 6535446 0 X WWW.RIOCONCHO.COM X 1977 TX PROVIDE HOUSING FOR PERSONS 62 YEARS AND OLDER THROUGH APARTMENT RENTALS AND LIFETIME LEASES. 15 15 56 15 0 0 3130 4243 5044516 5379343 262778 181133 -259874 -487229 5050550 5077490 0 0 0 0 1525912 1580646 0 0 0 4137044 4413440 5662956 5994086 -612406 -916596 20008334 19501688 16404888 16537360 3603446 2964328 THE MISSION OF RIO CONCHO, INC. IS TO PROVIDE HOUSING FOR PERSONS 62 YEARS OF AGE AND OLDER THROUGH APARTMENT RENTALS AND LIFETIME LEASES OF PATIO HOMES. 0 0 5572684 1195323 PROVIDING HOUSING FOR PERSONS 62 YEARS OF AGE AND OLDER THROUGH APARTMENT RENTALS AND LIFETIME LEASES OF PATIO HOMES. 5572684 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 1 69 0 1 56 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X LISA ELSASS EXECUTIVE DIRECTOR 3256559046 401 RIO CONCHO DR SAN ANGELO TX 76903 ELISABETH ELSASS EXECUTIVE DIR. 40.00 X X 103281 0 3175 SANDY SPEED PRESIDENT 1.00 X X 0 0 0 SHERRI BALENTINE-TIPTON TREASURER 1.00 X X 0 0 0 PAULA DOWLER SECRETARY 1.00 X X 0 0 0 GARY BOWEN TRUSTEE 1.00 X 0 0 0 JOYCE SNEED VICE PRESIDENT 1.00 X X 0 0 0 PAT MALLOY TRUSTEE 1.00 X 0 0 0 TOM ABBOTT TRUSTEE 1.00 X 0 0 0 WAYNE MERRILL TRUSTEE 1.00 X 0 0 0 KATHLEEN PRINCE TRUSTEE 1.00 X 0 0 0 DANIEL ORTEGA TRUSTEE 1.00 X 0 0 0 RAUL LOPEZ TRUSTEE 1.00 X 0 0 0 WILSON STOKES TRUSTEE 1.00 X 0 0 0 DALLAS SWAFFORD TRUSTEE 1.00 X 0 0 0 CHRISTINA ZITTING TRUSTEE 1.00 X 0 0 0 JIM VON GONTEN TRUSTEE 1.00 X 0 0 0 103281 0 3175 1 0 0 0 HAMPTON KITCHEN 401 RIO CONCHO DRIVE SAN ANGELO TX 76903 FOOD SERVICE 469761 CAREY SARTAIN 12494 SPRING CREEK LANE SAN ANGELO TX 76904 PAINT/CARPENTRY 312657 KISER CARPETS 3220 W HOUSTON HART SAN ANGELO TX 76901 FLOORING 212886 IGNACIO JUAREZ 521 E 29TH SAN ANGELO TX 76903 PAINT/CARPENTRY 124390 TK ELEVATOR 7425 PEBBLE DR FORT WORTH TX 76118 ELEVATOR UPGRADE 116139 5 4243 4243 SERVICE/MAINTENANCE FEES 623000 2062316 2062316 AMORTIZATION OF COST FEES 623000 2016940 2016940 DWELLING RENT 623000 1195323 1195323 MANAGEMENT FEE 623000 68459 68459 AMORTIZATION OF DEPOSITS 623000 36305 36305 5379343 164246 164246 3 3 1469413 5430 1457428 528 11985 4902 16887 16887 MISCELLANEOUS 900099 51611 51611 INSURANCE PROCEEDS 900099 16416 16416 LOSS FROM RELEASES 900099 -555259 -555259 -487232 5077490 1195323 0 3877924 X 106456 84315 22141 1136789 900235 236554 17757 13270 4487 217170 193121 24049 102474 81006 21468 21327 2400 18927 11891 11891 37135 3357 33778 35272 21200 14072 445059 441653 3406 1048502 1039977 8525 689357 682257 7100 REPAIRS & MAINTENANCE 1158814 1157289 1525 FOOD SERVICE 519261 519261 TELEVISION/CABLE 96985 96985 SECURITY SERVICE 89142 89142 260695 247216 13479 5994086 5572684 421402 0 578613 536853 90990 57824 69074 75154 44658106 29554894 15786536 15103212 3481576 3727100 1545 1545 20008334 19501688 172167 269997 16123971 16150163 108750 117200 16404888 16537360 X 3603446 2964328 3603446 2964328 20008334 19501688 -916596 277478 0 X X 0 1 X 1 0 X 4030 22100 2961 3130 4243 36464 4753193 4634172 4677527 5044516 5379343 24488751 4757223 4656272 4680488 5047646 5383586 24525215 0 0 0 24525215 148345 97485 190913 118722 164249 719714 148345 97485 190913 118722 164249 719714 -7128 -31813 -127936 -263391 68027 -362241 4898440 4721944 4743465 4902977 5615862 24882688 0.98560 0.99230 0.02890 0.03140 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INCOME/LOSS FROM RELEASES - 2019 AMOUNT: $ -74,139. 2020 AMOUNT: $ -46,315. 2021 AMOUNT: $ -173,955. 2022 AMOUNT: $ -327,877. 2023 AMOUNT: $ 0. MISCELLANEOUS - 2019 AMOUNT: $ 67,011. 2020 AMOUNT: $ 14,502. 2021 AMOUNT: $ 46,019. 2022 AMOUNT: $ 64,486. 2023 AMOUNT: $ 51,611. INSURANCE PROCEEDS - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 16,416. 1289740 1289740 40447234 27394809 13052425 2679329 2036585 642744 241803 123500 118303 15103212 TENANT DEPOSITS 60700 WAITING LIST DEPOSITS 55000 EARNEST MONEY DEPOSITS 1500 117200 5354968 277478 277478 5077490 0 5077490 5994086 0 5994086 0 5994086 FORM 990, PART VI, SECTION B, LINE 11B CONTROLLER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS ARE REQUIRED TO REVIEW CONFLICT OF INTEREST POLICY ANNUALLY AND SIGN DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES REVIEWS COMPARABLE SALARY DATA FOR LIKE INDUSTRIES, REVIEWS THE PERFORMANCE OF THE OTHER OFFICERS OR KEY EMPLOYEES, AND APPROVES THE COMPENSATION. THE BOARD OF TRUSTEES REVIEWS COMPARABLE SALARY DATA FOR LIKE INDUSTRIES, REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE, AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E RECREATION EXPENSE: PROGRAM SERVICE EXPENSES 48,382. MANAGEMENT AND GENERAL EXPENSES 4,639. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,021. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 47,353. MANAGEMENT AND GENERAL EXPENSES 1,204. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,557. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 39,912. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,912. TAXES: PROGRAM SERVICE EXPENSES 33,722. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,722. JANITORIAL EXPENSE: PROGRAM SERVICE EXPENSES 24,594. MANAGEMENT AND GENERAL EXPENSES 447. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,041. ELEVATOR EXPENSE: PROGRAM SERVICE EXPENSES 22,090. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,090. TELEPHONE & PAGERS: PROGRAM SERVICE EXPENSES 12,057. MANAGEMENT AND GENERAL EXPENSES 4,654. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,711. EXTERMINATING: PROGRAM SERVICE EXPENSES 12,035. MANAGEMENT AND GENERAL EXPENSES 2,380. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,415. SERVICE CONTRACTS: PROGRAM SERVICE EXPENSES 5,588. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,588. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,483. MANAGEMENT AND GENERAL EXPENSES 155. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,638. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. RIO CONCHO MANOR INC 401 RIO CONCHO DRIVE SAN ANGELO TX 76903 751219630 HOUSING ASSISTANCE TO PERSONS 62 AND OLDER TX 501(C)(3) 509(A)(2) NO 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 RIO CONCHO MANOR INC D 33753 COST RIO CONCHO MANOR INC K 68459 COST