2024-11-15T13:58:13-06:00 2023-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2023-01-01 391833482 MOVIN OUT INC MOVI 6082514446 902 ROYSTER OAKS DRIVE 105 MADISON WI 537149101 KATHRYNE AUERBACK CHIEF EXECUTIVE OFFICER 6082514446 2024-11-14 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-11-07 2023 2024-10-15 13:58:12Z KATHRYNE AUERBACK 902 ROYSTER OAKS DRIVE 105 MADISON WI 537149101 3531181 0 X MOVIN-OUT.ORG X 1995 WI CREATES HOUSING SOLUTIONS FOR LOW-INCOME PEOPLE WITH DISABILITIES. 14 14 17 14 0 0 1460331 1846118 1529906 1674727 228118 10336 18768 0 3237123 3531181 578638 788201 0 0 1445877 1283313 0 0 0 915633 2511209 2940148 4582723 296975 -1051542 22922710 25627871 12236168 15940758 10686542 9687113 MOVIN' OUT, IN PARTNERSHIP WITH PEOPLE WITH DISABILITIES AND THEIR ALLIES, CREATES AND SUSTAINS COMMUNITY-INTEGRATED, SAFE, AFFORDABLE HOUSING SOLUTIONS. 0 0 924083 788201 535604 HOUSING COUNSELING: MOVIN' OUT PROVIDES HOUSING COUNSELING AND ARRANGES BELOW-MARKET FINANCING FOR PURCHASE AND REHABILITATION OF HOMES BY LOW-INCOME HOUSEHOLDS THAT INCLUDE A PERSON WITH DISABILITIES. 2214087 291152 RENTAL HOUSING: MOVIN' OUT OFFERS A VARIETY OF RENTAL HOUSING FOR LOW-INCOME HOUSEHOLDS THAT INCLUDE A PERSON WITH DISABILITIES. 966775 847971 HOUSING DEVELOPMENT: MOVIN' OUT DEVELOPS COMMUNITY-INTEGRATED RENTAL HOUSING IN PARTNERSHIP WITH OTHER DEVELOPERS FOR LOW-INCOME HOUSEHOLDS THAT INCLUDE A PERSON WITH DISABILITIES. 4104945 1 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 18 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 WI X KATHRYNE AUERBACK 6082514446 902 ROYSTER OAKS DRIVE 105 MADISON WI 537149101 ABIGAIL TESSMANN DIRECTOR 1.00 X 0 0 0 ALYSSA RYANJOY DIRECTOR 1.00 X 0 0 0 ARIAM KESETE DIRECTOR 1.00 X 0 0 0 DAVID SCRIBBINS VICE PRESIDENT 2.00 3.00 X X 0 0 0 GEORGIA ALLEN PRESIDENT 2.00 X X 0 0 0 KELLY HILYARD DIRECTOR 1.00 3.00 X 0 0 0 KINGSLEY GOBOURNE DIRECTOR 1.00 3.00 X 0 0 0 LISA BARWINSKI SECRETARY 2.00 3.00 X X 0 0 0 MICHAELA MULROE DIRECTOR 1.00 X 0 0 0 NICOLE ROBBINS TREASURER 1.00 X X 0 0 0 RAYNETTA HILL DIRECTOR 1.00 X 0 0 0 RUSS ENDRES DIRECTOR 1.00 X 0 0 0 TONY FREIBERG DIRECTOR 1.00 X 0 0 0 TRACY SWENSON DIRECTOR 1.00 X 0 0 0 DENISE ALEXANDER CHIEF FINANCIAL OFFICER 40.00 X 94063 0 15960 KATHRYNE AUERBACK CHIEF EXECUTIVE OFFICER 40.00 X 126921 0 16577 DAVID PORTERFIELD SENIOR ADVISOR 40.00 X 128984 0 30341 MEGAN SCHUETZ REAL ESTATE DEVELOPER & REAL ESTATE DEVELOPMENT PR 40.00 X 106591 0 3198 456559 0 66076 3 0 1 0 0 1183074 663044 1846118 DEVELOPMENT FEES 531390 847971 847971 RENTAL INCOME 531110 291152 291152 PROPERTY MANAGEMENT FE 531310 273651 273651 INTEREST ON LOANS RECE 900099 261953 261953 1674727 10336 10336 3531181 1674727 0 10336 788201 788201 253512 203990 49522 798227 642299 155928 43780 35228 8552 108020 86919 21101 79774 64191 15583 112045 90158 21887 69310 55771 13539 6270 5045 1225 34967 28136 6831 17581 14147 3434 53099 42726 10373 73878 59446 14432 113550 113550 119315 119315 28367 22826 5541 LOSS ON IMPAIRMENT 771750 771750 SCATTERED SITE & DEVELO 421202 271672 149530 BAD DEBTS 370136 370136 DEVELOPER COMMISSIONS 318206 318206 1533 1233 300 4582723 4104945 477778 0 1725513 1404166 231116 628084 148431 887278 1322411 13998780 18020637 5192 3984412 1628419 2429259 2355993 2025613 1305976 398387 352039 593488 718218 22922710 25627871 160791 340536 22684 18662 16884 19134 11630489 15177026 405320 385400 12236168 15940758 X 8753333 7628959 1933209 2058154 10686542 9687113 22922710 25627871 X -1051542 52113 X 0 1 X 1 1 1 X 2443100 2159927 4341942 1460331 1846118 12251418 2443100 2159927 4341942 1460331 1846118 12251418 12251418 14033 5129 1430 3690 10336 34618 18768 18768 12304804 4638034 0.99570 0.99630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 18,768. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 661001 661001 3304188 1609196 1694992 19223 19223 0 2355993 INVESTMENTS IN REAL ESTATE DEVELOPMENT PROJECTS 1305976 C 1305976 LEASE LIABILITY 364365 DUE TO RELATED PARTY 21035 385400 X 4042039 510858 510858 3531181 0 3531181 5071849 489126 489126 4582723 0 4582723 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SECURITY DEPOSITS AS REQUIRED BY STATE LAW. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CORPORATION, INCORPORATED UNDER THE WISCONSIN NONSTOCK CORPORATION LAW (CHAPTER 181 OF THE WISCONSIN STATUTES). THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, 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 ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. NORTH LAWN, HILTON, ELDORADO, CAMERON, MIDVALE, BRIAN, WATTS, MAPLE VALLEY, PROSPECT, MARCY, MARCIA, TROY, 18TH, MACARTHUR, STOUGHTON, STONEBRIDGE II, CREST LINE, 420 GRANT, PONWOOD, AND MOVIN' OUT DEVELOPMENT ARE LIMITED LIABILITY COMPANIES. THE NET INCOME OR LOSS OF LIMITED LIABILITY COMPANIES IS PASSED THROUGH AND TAXED TO THE OWNERS. THE INCOME EARNED BY MOVIN' OUT FROM ITS OWNERSHIP OF THE LLC'S IS IN ACCORDANCE WITH MOVIN' OUT'S TAX-EXEMPT PURPOSE AND THEREFORE IS NOT TAXABLE INCOME TO MOVIN' OUT. CERTAIN SUBSIDIARIES OF THE ORGANIZATION ARE DISREGARDED ENTITY FOR INCOME TAX PURPOSES AND DO NOT FILE INCOME TAX RETURNS. TAXABLE INCOME OR LOSS PASSES THROUGH TO THE SOLE MEMBER TO BE REPORTED ON ITS TAX RETURNS. THESE SUBSIDIARIES DO NOT TAKE ANY TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE 327,103. INTERCOMPANY ELIMINATIONS 183,755. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 547,420. INTERCOMPANY ELIMINATIONS -58,294. 1 GRANTS TO INDIVIDUALS FOR ASSISTANCE WITH DOWNPAYMENTS ON HOUSES 25 515316 GRANTS FOR REHABILITATION OF HOMES 30 272885 PART I, LINE 2: TRAINED MOVIN' OUT STAFF MEMBERS REVIEW THE ELIGIBILITY UNDER EACH GRANTOR'S CONTRACTS WITH MOVIN' OUT OF EACH PERSON WHO RECEIVES HOUSING COUNSELING OR FUNDING FOR HOME PURCHASE OR REHABILITATION. STAFF MEMBERS ALMOST DAILY DISCUSS ELIGIBILITY AND STRUCTURING OF ASSISTANCE AMONG THEMSELVES. WEEKLY MEETINGS OF STAFF WHO ADMINISTER GRANTS AND THE EXECUTIVE DIRECTOR ARE HELD DURING WHICH ELIGIBILITY AND STRUCTURING OF ASSISTANCE, AND GRANT CONTRACT COMPLIANCE, IS DISCUSSED AND REVIEWED. THE REQUIRED DOCUMENTS FOR EACH RECIPIENT OF ASSISTANCE ARE DELIVERED TO AND REVIEWED BY THE GRANTOR BEFORE GRANT FUNDS ARE DISBURSED BY THE GRANTOR. PERIODIC REPORTS ARE PREPARED BY MOVIN' OUT STAFF AND DELIVERED TO EACH GRANTOR DURING THE YEARS AS REQUIRED BY EACH GRANTOR. X X 0 0 0 1 0 0 0 0 0 DAVID PORTERFIELD SENIOR ADVISOR 47537 0 0 0 81447 0 30341 0 0 0 159325 0 0 0 PART I, LINE 5 REAL ESTATE DEVELOPMENT STAFF RECEIVE COMMISSIONS BASED ON DEVELOPER FEES EARNED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS ARE PROVIDED WITH A PDF COPY OF THE FORM 990 PRIOR TO THE FILING DEADLINE FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B THE EXECUTIVE DIRECTOR GATHERED WAGE DATA FROM VARIOUS SOURCES AROUND THE AREA. THE INFORMATION WAS GATHERED FROM SIMILAR SIZED NONPROFITS ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGE IN NET ASSETS 52,113. MOVIN' OUT MEADOW RIDGE LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 RENTAL HOUSING WI 0 0 MOVIN' OUT INC MOVIN' OUT STOUGHTON MM LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 RENTAL HOUSING WI 0 0 MOVIN' OUT INC MOVIN' OUT DEVELOPMENT LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 RENTAL HOUSING WI 0 0 MOVIN' OUT INC MOVIN' OUT MIDDLETON LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 RENTAL HOUSING WI 0 0 MOVIN' OUT INC STONEBRIDGE MOVIN' OUT INC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 263599282 PROVIDE RENTAL HOUSING TO LOW-INCOME INDIVIDUALS WITH DISABILITIES WI 501(C)(3) LINE 12B, II MOVIN' OUT INC 1 NORTHPORT MOVIN' OUT INC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 272327695 PROVIDE RENTAL HOUSING TO LOW-INCOME INDIVIDUALS WITH DISABILITIES WI 501(C)(3) LINE 12B, II MOVIN' OUT INC 1 HARBOR HOUSE MOVIN' OUT INC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 537147101 272327663 PROVIDE RENTAL HOUSING TO LOW-INCOME INDIVIDUALS WITH DISABILITIES WI 501(C)(3) LINE 12B, II MOVIN' OUT INC 1 BRADLEY CROSSING 60 LLC 1300 N JACKSON ST MILWAUKEE WI 53202 900749079 RENTAL HOUSING WI N/A 0 0 EIGHTEEN87 ON WATER MM LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 RENTAL HOUSING WI N/A 0 0 EIGHTEEN87 ON WATER LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 852917437 RENTAL HOUSING WI N/A 0 0 FOURTEEN02 PARK MM LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 871298223 RENTAL HOUSING WI N/A 0 0 FOURTEEN02 PARK LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 852890796 RENTAL HOUSING WI N/A 0 0 GLOBE MANAGING MEMBER LLC 5201 EAST TERRACE DRIVE MADISON WI 53718 463160676 RENTAL HOUSING WI N/A 0 0 MADISON ON BROADWAY LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 371863938 RENTAL HOUSING WI N/A 0 0 MEADOW RIDGE MANAGING MEMBER LLC 1295 NORTHLAND DRIVE SUITE 270 MENDOTA HEIGHTS MN 55120 320416431 RENTAL HOUSING MN MOVIN' OUT MEADOW RIDGE LLC RELATED -16 419814 0 1 0.51000 MIDDLETON SENIOR APARTMENTS LLC 1295 NORTHLAND DRIVE SUITE 270 MENDOTA HEIGHTS MN 55120 453182615 RENTAL HOUSING WI MOVIN' OUT MIDDLETON LLC RELATED 67 0 1 0.00000 MOVIN' OUT GLEN GROVE COTTAGE GROVE LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 999999999 RENTAL HOUSING WI N/A 0 0 MOVIN' OUT KILBOURN WISCONSIN DELLS LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 843733546 RENTAL HOUSING WI N/A 0 0 MOVIN' OUT MADISON ACE LLC PO BOX 1658 FOND DU LAC WI 54936 842986542 RENTAL HOUSING WI N/A 0 0 MOVIN' OUT RED CABOOSE MADISON LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 853928733 RENTAL HOUSING WI N/A 0 0 MOVIN' OUT STOUGHTON LLC 902 ROYSTER OAKS DRIVE MADISON WI 53714 273170232 RENTAL HOUSING WI MOVIN' OUT STOUGHTON MM LLC RELATED -21 1272296 0 1 0.00010 MWD MANAGING MEMBER LLC 7447 UNIVERSITY AVENUE MADISON WI 53562 371785373 RENTAL HOUSING WI N/A 0 0 NEW BERLIN CITY CENTER 1295 NORTHLAND DRIVE SUITE 270 MENDOTA HEIGHTS MN 55120 273190850 RENTAL HOUSING MN RELATED 0 1 0.00100 OAKBROOK MAPLE GROVE LLC - 2 SCIENCE COURT MADISON WI 53711 811422029 RENTAL HOUSING WI RELATED 0 1 0.51000 PINNEY LANE MANAGER LLC 625 N SEGOE ROAD 107 MADISON WI 53705 473131995 RENTAL HOUSING WI N/A 0 0 MOVIN' OUT TAXABLE LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 53714 472299939 RENTAL HOUSING DEVELOPMENT WI MOVIN' OUT INC C 1.00000 1 MOVIN' OUT WATERLOO MM LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 53714 471324106 RENTAL HOUSING DEVELOPMENT WI MOVIN' OUT INC C 1.00000 1 MOVIN' OUT WATERTOWN LLC 902 ROYSTER OAKS DRIVE SUITE 105 MADISON WI 53714 463587285 RENTAL HOUSING DEVELOPMENT WI MOVIN' OUT INC C 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 SCHEDULE R PART V LINE 2 MOVIN' OUT GUARANTEED VARIOUS LOANS FOR THE ORGANZATIONS LISTED ON LINES (2) AND (3). NO SERVICES, CASH, OR OTHER ASSETS WERE PROVIDED OR RECEIVED DURING THE TAX YEAR AND, THEREFORE, $0 WAS REPORTED IN PART V, LINE 2