2021-05-10T15:16:57-05:00 2020-12-31 476097913 SEIM JOHNSON LLP 18081 BURT STREET SUITE 200 OMAHA NE 680224722 990 2020-01-01 454896566 SHELTERING TREE HOUSING CORPORATION SHEL 4023337373 1323 WILLIAM STREET OMAHA NE 68108 KELLY WALTERS PRESIDENT 4023337373 2021-05-07 1 KELLY WALTERS 999009999 WENDY R COOLEY P01523804 4023302660 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DENISE GEHRINGER 1323 WILLIAM STREET OMAHA NE 68108 163873 0 X N/A X 2012 NE THE ORGANIZATION PROVIDES LOW INCOME AFFORDABLE HOUSING FOR ADULTS WITH MILD TO MODERATE DEVELOPMENTAL DISABILITIES. 6 5 0 5 0 0 147078 119665 42314 44130 42 78 0 0 189434 163873 0 0 0 0 75255 82838 0 0 0 172108 171093 247363 253931 -57929 -90058 1821999 1730967 35387 34413 1786612 1696554 THE ORGANIZATION PROVIDES LOW INCOME AFFORDABLE HOUSING FOR ADULTS WITH MILD TO MODERATE DEVELOPMENTAL DISABILITIES. 0 0 211021 44130 THE ORGANIZATION CONSTRUCTED AND OPERATES AN 11-UNIT LOW-INCOME AFFORDABLE HOUSING APARTMENT COMPLEX UNDER THE HUD 811 PROGRAM. 211021 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SELDIN COMPANY 4023337373 16910 FRANCES ST SUITE 200 OMAHA NE 68130 DENISE GEHRINGER EXECUTIVE DIRECTOR 20.00 20.00 X 0 65000 0 ANNE CARTER SECRETARY/TREASURER 4.00 16.00 X X 0 12000 0 KELLY WALTERS PRESIDENT 4.00 2.00 X X 0 0 0 PATRICK MCNALLY VICE PRESIDENT 1.00 3.00 X X 0 0 0 JOEL ELSON MEMBER 1.00 0.00 X 0 0 0 KIM MATNEY MEMBER 1.00 0.00 X 0 0 0 TOM MONTEITH MEMBER 2.00 4.00 X 0 0 0 0 77000 0 0 0 0 0 0 57553 62112 119665 RENTAL INCOME 531110 44130 44130 44130 78 78 163873 44130 0 78 76403 75521 882 2416 2416 4019 4019 9662 9662 3 3 9500 9500 10850 10850 198 198 13005 13005 40320 30660 9660 82835 82835 4720 4720 253931 211021 42910 0 5526 4856 15000 0 9707 0 500 949 2217589 523770 1776654 1693819 14612 31343 1821999 1730967 32158 31238 3229 3175 35387 34413 X -267688 -357746 2054300 2054300 1786612 1696554 1821999 1730967 -90058 0 X X 0 1 X 1 1 1 X 35595 42226 46324 147078 119665 390888 35595 42226 46324 147078 119665 390888 390888 25 27 8 42 78 180 391068 232515 0.99950 0.99960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 195000 195000 1988509 503152 1485357 34080 20618 13462 1693819 TENANT SECURITY DEPOSITS 3175 3175 X 163873 0 163873 0 163873 253931 0 253931 0 253931 PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE INTERNAL REVENUE SERVICE HAS ESTABLISHED STANDARDS TO BE MET TO MAINTAIN TAX-EXEMPT STATUS. THE CORPORATION ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC TOPIC 740, INCOME TAXES. THE CORPORATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT DECEMBER 31, 2020 AND 2019, THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS ACCRUED. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES TO SELDIN COMPANY, AN UNRELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS PROVIDE THAT THE DIRECTORS SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF THE BOARD OF DIRECTORS OF THE SPONSORING ORGANIZATION, SHELTERING TREE, INC., OR NONMEMBERS WHO HAVE THE APPROVAL OF THE SPONSORING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT AND TREASURER OF THE ORGANIZATION. A FINAL DRAFT IS SHARED WITH THE BOARD OF DIRECTORS PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL SIGNING AND PERIODIC REVIEW TO ENSURE THERE ARE NO CONFLICTS OF INTEREST ON THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE FOR REVIEW UPON REQUEST. FORM 990 PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SHELTERING TREE INC 1323 WILLIAM STREET OMAHA NE 68108 030605993 LOW INCOME HOUSING DEVELOPMENT NE 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1