2024-09-18T11:42:43-05:00 2023-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2023-01-01 200405066 URBAN LAND CONSERVANCY URBA 3039967334 1600 DOWNING STREET 300 DENVER CO 80218 ROBERT HOLWAY TREASURER 3033001790 2024-09-13 1 1 DORI J EGGETT P00645252 3037409400 2024-09-13 2023 2024-08-08 14:25:15Z AARON MIRIPOL 1600 DOWNING STREET 300 DENVER CO 80218 29351432 0 X WWW.URBANLANDC.ORG X 2002 CO ULC MANAGES AFFORDABLE REAL ESTATE TO POSITIVELY IMPACT LIVES AND COMMUNITIES IN COLORADO. 9 9 23 23 0 0 4256251 487419 7862376 9426018 -803562 2672001 0 55444 11315065 12640882 0 0 0 0 1853693 1728819 0 0 355934 10841935 9700708 12695628 11429527 -1380563 1211355 145111879 144963681 72547916 70768071 72563963 74195610 URBAN LAND CONSERVANCY'S MISSION IS TO ACQUIRE, DEVELOP, AND/OR PRESERVE COMMUNITY ASSETS IN URBAN AREAS FOR A VARIETY OF COMMUNITY NEEDS ESPECIALLY IN HIGH POVERTY, LOW-INCOME, UNDERSERVED, AT-RISK COMMUNITIES. 0 0 6738925 7236484 URBAN REVITALIZATION: ULC IS CREATING, RENOVATING AND PRESERVING RESIDENTIAL AND COMMERCIAL BUILDINGS TO PROMOTE LONG-TERM AFFORDABILITY. 2551814 1186435 LAND BANKING: ULC PURCHASES PROPERTY TO LAND BANK AND TO SUPPORT LONG-TERM NEIGHBORHOOD STABILIZATION AND OTHER COMMUNITY NEEDS. 968945 1003099 AFFORDABLE HOUSING: URBAN LAND CONSERVANCY (ULC) BUYS EXISTING PROPERTIES AND LAND TO PRESERVE AND DEVELOP PERMANENT AFFORDABLE HOUSING. 10259684 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 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 1 1 1 0 0 0 1 41 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRAD DODSON 7205725034 1600 DOWNING STREET STE 300 DENVER CO 80218 DAWN BOOKHARDT CHAIR 0.50 X X 0 0 0 ROB HOLWAY TREASURER 0.50 X X 0 0 0 CREIGHTON WARD SECRETARY 0.50 X X 0 0 0 ERIC DURAN DIRECTOR 0.50 X 0 0 0 MATT BARRY DIRECTOR 0.50 X 0 0 0 TIM HOWARD DIRECTOR 0.50 X 0 0 0 GRANT SWANSON DIRECTOR 0.50 X 0 0 0 TRACY WINCHESTER DIRECTOR 0.50 X 0 0 0 DAVE YOUNGGREN DIRECTOR 0.50 X 0 0 0 AARON MIRIPOL ULC PRESIDENT & CEO 55.00 X 252689 0 51495 BRAD DODSON CFO 45.00 X 175024 0 43917 AARON MARTINEZ COO 45.00 X 170146 0 33710 SARAH HARMAN SENIOR VP OF REAL ESTATE 45.00 X 155963 0 22266 ERIN MCMILLIN DIRECTOR OF ASSETS 45.00 X 108634 0 20449 JOHN BISSELL DIRECTOR OF FACILITIES 45.00 X 106941 0 32307 969397 0 204144 6 0 1 0 GREEN WORKS LAWN AND LEAF PO BOX 1511 WESTMINSTER CO 80036 LANDSCAPING/SNOW REMOVAL 164173 PLANTE & MORAN PLLC 16060 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 AUDIT & TAX SERVICES 126155 RICHARD WOODRUFF 820 MT EVANS CT LOUISVILLE CO 80027 FINANCIAL CONSULTING 125287 3 116667 370752 487419 RENTAL INCOME 532000 9047023 9047023 OTHER PROGRAM REVENUE 900099 245393 245393 NOTE RECEIVABLE INTERE 900099 133602 133602 9426018 356440 356440 8121500 10904611 8139612 8570938 -18112 2333673 2315561 2315561 20TH ANNIVERSARY EVENT 900099 55444 55444 55444 12640882 9481462 0 2672001 726982 385043 208404 133535 499331 316632 94495 88204 83358 50224 29531 3603 255835 151421 88242 16172 163313 94282 54041 14990 92667 86069 6598 247195 142708 58866 45621 22000 22000 68319 68319 595681 549712 8635 37334 31261 8002 22426 833 20958 3883 17075 95474 20793 67106 7575 1952555 1911787 39137 1631 54930 31959 21976 995 32947 9872 23075 1786030 1779279 6751 2663339 2659112 4227 OTHER DIRECT RENTAL EXP 1871588 1870561 1027 DUES AND SUBSCRIPTIONS 66670 51531 9712 5427 DEVELOPMENT EXPENSE 30242 18256 11986 COMMUNITY OUTREACH 24542 6445 18083 14 44310 90113 -45803 11429527 10259684 813909 355934 1704892 497325 7177470 10343184 5453535 2754843 6865084 14511584 525862 319658 6277939 161582 76240 6116357 3404954 3845434 119065369 105648412 838473 926884 145111879 144963681 3026916 2645745 385925 3315761 68014244 63966072 1120831 840493 72547916 70768071 X 69648963 73663943 2915000 531667 72563963 74195610 145111879 144963681 1211355 420292 0 X 0 1 X 1 0 X 6449629 17606748 22916133 4256251 487419 51716180 6449629 17606748 22916133 4256251 487419 51716180 29716957 21999223 412627 144764 62120 98213 356440 1074164 52790344 37951378 0.41670 0.57660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 22000 22000 0 PART II-B, LINE 1: AMOUNTS PAID TO CONSULTANTS FOR LOBBYING EFFORTS. 5486588 5486588 59646 25209 34437 580132 151573 136373 595332 6116357 CHARITABLE-USE PROPERTIES HELD AND USED FOR ULC'S MISSION 105648412 C 105648412 SECURITY DEPOSITS 234670 OBLIGATIONS UNDER CAPITAL LEASES 307056 LINE OF CREDIT 298767 840493 13853550 420292 63476 930821 1414589 12438961 68319 133602 201921 12640882 13055460 63476 1821995 1885471 11169989 68319 191219 259538 11429527 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES FROM VILLAS AT WADSWORTH STATION LLLP 930,821. PART XI, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES 133,602. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM VILLAS AT WADSWORTH STATION LLLP 1,821,995. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES 191,219. X X 0 0 0 0 0 0 0 1 0 AARON MIRIPOL ULC PRESIDENT & CEO 241225 0 11464 0 0 0 18437 0 33058 0 304184 0 0 0 BRAD DODSON CFO 164896 0 10128 0 0 0 13253 0 30664 0 218941 0 0 0 AARON MARTINEZ COO 153633 0 16513 0 0 0 12288 0 21422 0 203856 0 0 0 SARAH HARMAN SENIOR VP OF REAL ESTATE 144265 0 11698 0 0 0 11282 0 10984 0 178229 0 0 0 PART I, LINE 7 THE CEO, COO, AND CFO MEET TO DISCUSS BONUS PAYMENTS FOR ALL EMPLOYEES EACH YEAR. THEY DETERMINE THE OVERALL AMOUNT OF BONUSES THAT CAN BE PAID BASED ON THE ORGANIZATION'S PERFORMANCE. THE CEO AND COO THEN FOCUS ON HOW TO ALLOCATE THE BONUS AMOUNT AMONG THE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A GARY COMMUNITY INVESTMENT COMPANY IS ENTITLED TO APPOINT UP TO TWO DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE PRESIDENT AND THE FINANCE COMMITTEE FIRST AND THEN TO THE ENTIRE BOARD FOR REVIEW AND COMMENTS. URBAN LAND CONSERVANCY OBTAINS APPROVAL OF THE FORM 990 BY VOTE DURING A BOARD MEETING. UPON APPROVAL A BOARD OFFICER SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND ALL EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. URBAN LAND CONSERVANCY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM THE MEETING AND ANY VOTE WHEN A CONFLICT OF INTEREST EXISTS. THE BOARD CHAIR MONITORS BOARD MEETINGS AND ENFORCES COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 URBAN LAND CONSERVANCY PERFORMS AN ANNUAL REVIEW OF ALL THEIR EMPLOYEES AT YEAR END. AN INDEPENDENT REVIEW IS PERFORMED BY TWO EXECUTIVE COMMITTEE MEMBERS FOR THE PRESIDENT. THE BOARD CHAIR NOTIFIES PAYROLL DIRECTLY OF ANY CHANGES IN COMPENSATION OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 URBAN LAND CONSERVANCY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 11TH AVENUE TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 364747036 HOLD PROPERTY CO 0 329452 URBAN LAND CONSERVANCY 48RACE LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 383951555 HOLD PROPERTY CO 1513964 3627693 URBAN LAND CONSERVANCY ADAMS TOWER NP CENTER LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 371905262 HOLD PROPERTY CO 187652 49321 URBAN LAND CONSERVANCY AVONDALE COMMONS LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 452440353 HOLD PROPERTY CO 825 581185 URBAN LAND CONSERVANCY BLAKE TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 200405066 HOLD PROPERTY CO 126009 5140594 URBAN LAND CONSERVANCY CHESTNUT LOFTS LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 853142860 HOLD PROPERTY CO 0 28437 URBAN LAND CONSERVANCY COLE TRAIN 1600 DOWNING STREET STE 300 DENVER CO 80218 263437895 HOLD PROPERTY CO 0 1344405 URBAN LAND CONSERVANCY CURTIS NP CENTER LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 453463017 HOLD PROPERTY CO 118759 1628928 URBAN LAND CONSERVANCY DAYTON LEGACY LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 200405066 HOLD PROPERTY CO 164105 339933 URBAN LAND CONSERVANCY DEP LLC (PARK HILL CAMPUS) 1600 DOWNING STREET STE 300 DENVER CO 80218 870848223 HOLD PROPERTY CO 1150654 28786458 URBAN LAND CONSERVANCY DOWNING NP TOWER LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 200405066 HOLD PROPERTY CO 555606 3494007 URBAN LAND CONSERVANCY HARLAN NP CENTER LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 364911093 HOLD PROPERTY CO 492483 5627114 URBAN LAND CONSERVANCY HOLLY GRAIL LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 264412605 HOLD PROPERTY CO -197986 1130764 URBAN LAND CONSERVANCY HOLLY PARK CLT LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 611905755 HOLD PROPERTY CO 0 -445759 URBAN LAND CONSERVANCY IECA LLC (IMPACT EAST COLFAX AURORA) 1600 DOWNING STREET STE 300 DENVER CO 80218 863421800 HOLD PROPERTY CO 268621 3013787 URBAN LAND CONSERVANCY LORETTO CLT LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 920636048 HOLD PROPERTY CO 166453 3952521 URBAN LAND CONSERVANCY MEADE STREET GARDENS LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 854210441 HOLD PROPERTY CO 46398 1842263 URBAN LAND CONSERVANCY OXFORD VISTA LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 301068333 HOLD PROPERTY CO 2763374 22573239 URBAN LAND CONSERVANCY PHILLIPS CENTER LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 263437895 HOLD PROPERTY CO 636084 4139819 URBAN LAND CONSERVANCY PHVW TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 371714774 HOLD PROPERTY CO 0 4093289 URBAN LAND CONSERVANCY POUDRE COMMONS LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 843675003 HOLD PROPERTY CO 0 5949155 URBAN LAND CONSERVANCY SHERIDAN II LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 200405066 HOLD PROPERTY CO 166362 -178254 URBAN LAND CONSERVANCY SP CROSSING LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 863183272 HOLD PROPERTY CO 7465 4198644 URBAN LAND CONSERVANCY SUNDEC LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 300826503 HOLD PROPERTY CO 314174 3543840 URBAN LAND CONSERVANCY THRIFTY LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 383929919 HOLD PROPERTY CO 0 78259 URBAN LAND CONSERVANCY ULC CLT LLC 1600 DOWNING STREET STE 300 DENVER CO 80204 200405066 HOLD PROPERTY CO 0 -94982 URBAN LAND CONSERVANCY UMATILLA HEIGHTS LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 921233536 HOLD PROPERTY CO 152024 2600232 URBAN LAND CONSERVANCY VASSAR TENNIS CLUB LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 200405066 HOLD PROPERTY CO 0 45858 URBAN LAND CONSERVANCY VILLA TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 452633528 HOLD PROPERTY CO 317629 1642064 URBAN LAND CONSERVANCY WADSWORTH TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 611698522 HOLD CARRYBACK LOAN CO 0 7066992 URBAN LAND CONSERVANCY WANNABE NSP LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 270521788 HOLD PROPERTY CO 389900 2004768 URBAN LAND CONSERVANCY WESTMINSTER TOD LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 320566125 HOLD PROPERTY CO 2075 1095795 URBAN LAND CONSERVANCY WESTMINSTER TRIANGLE LLC 1600 DOWNING STREET STE 300 DENVER CO 80218 320566125 HOLD PROPERTY CO 0 3786056 URBAN LAND CONSERVANCY VILLAS AT WADSWORTH STATION LLLP 1330 YUKON STREET LAKEWOOD CO 80214 320514673 RENTAL REAL ESTATE CO N/A N/A 0 0 VILLAS AT WADSWORTH STATION LLC 1600 DOWNING STREET DENVER CO 80218 611812486 RENTAL REAL ESTATE CO ULC C -32 -21 0.75000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0