2021-11-15T11:46:47-06:00 2020-12-31 311119890 Barnes Dennig & Co LTD 5750 Castle Creek Pkwy Ste 245 Indianapolis IN 46250 990 2020-01-01 351341343 Lifetime Housing Group Inc LIFE 8124325215 13091 Benedict Dr Dillsboro IN 47018 Erin Thomas Executive Director 8124325215 2021-11-12 1 Erin Thomas 999009999 Paula Hume P00537516 3175721130 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Erin Thomas 13091 Benedict Dr Dillsboro IN 47018 465355 0 1 X None X 1974 IN See Schedule O X 6 6 6 10 0 0 0 338046 405407 119527 24021 6305 6817 1477 436245 465355 0 0 0 0 114786 95244 0 0 0 286153 534128 400939 629372 35306 -164017 2162961 409190 573856 34301 1589105 374889 Plan, coordinate and provide affordable housing to low-income individuals and families in Southeastern Indiana. 0 0 586946 119527 Provide affordable housing to elderly and low-income individuals. 586946 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 1 0 0 0 1 4 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 IN X X Erin Thomas 8124325215 13091 Benedict Dr Dillsboro IN 47018 Doug Rump Chairman 2.00 5.00 X X 0 0 0 Ron Richard Vice Chairman 2.00 5.00 X X 0 0 0 Cindy Rottinghaus Secretary 2.00 5.00 X X 0 0 0 Carol Poling Director 1.00 1.00 X 0 0 0 Doug Garner Director 1.00 1.00 X 0 0 0 Frieda Rickerson Treasurer 2.00 5.00 X X 0 0 0 Erin Thomas Executive Director 4.00 40.00 X 0 83800 2400 0 83800 2400 0 0 0 0 Maxwell Construction 440 Nowlin Avenue Greendale IN 47025 Construction 299476 1 338046 338046 Rental 531110 101440 101440 Development and Mgmt F 531390 18087 18087 119527 6305 6305 Other Revenue 900099 1477 1477 1477 465355 119527 0 7782 69258 55219 14039 20834 16611 4223 5152 4108 1044 372 75 297 6977 3552 3425 698 619 79 9905 9905 33054 33054 10827 10194 633 Apartment Renovations 386082 380449 5633 Support services 29184 25682 3502 Utilities 19726 19726 Maintenance & repair 17761 14235 3526 19542 13517 6025 629372 586946 42426 0 224382 48168 81649 24002 21218 466 0 0 1409232 0 426480 336554 2162961 409190 19825 8027 554031 26274 573856 34301 X 1589105 374889 1589105 374889 2162961 409190 X -164017 -1050199 X X 0 1 X 1 0 X 125094 121 338046 463261 125094 121 338046 463261 463261 49738 24915 10742 24021 6332 115748 4930 2426 6817 1477 15650 594659 1896294 0.77900 0.51790 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Revenue - 2016 Amount: $ 4,930. 2018 Amount: $ 2,426. 2019 Amount: $ 6,817. 2020 Amount: $ 1,477. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Investment in Housing Partnerships 336554 C 336554 Payroll liabilities 26274 26274 X 624827 80772 80772 544055 -78700 -78700 465355 746825 117453 117453 629372 0 629372 Part X, Line 2: Lifetime Housing Group, Inc. (LHG) is exempt from income tax under internal revenue code section 501(c)(3). Management believes that LHG has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Part XI, Line 2d - Other Adjustments: Consolidated Party Related Revenue 80,772. Part XI, Line 4b - Other Adjustments: K-1 Passthrough Income -78,700. Part XII, Line 2d - Other Adjustments: Consolidated Party Related Expenses 117,453. Logan Elderly Housing, L.P. 2020-07-06 1041825 FMV of Net Assets 352076514 Lifetime Resources Inc 13091 Benedict Drive Dillsboro IN 47018 501(C)(3) LOGAN ELDERLY HOUSING, II, L.P. 2020-07-06 390410 FMV of Net Assets 352076514 Lifetime Resources Inc 13091 Benedict Drive Dillsboro IN 47018 501(C)(3) 1 1 0 0 Part II, Line 2e: Person(s) Involved: Doug Rump, Ron Richard, Cindy Rottinghaus, Frieda Rickerson, Doug Garner, and Erin Thomas. Part II, Line 2e: Explanation of Involvement: All of the members listed above were either board members or officers of both Lifetime Housing Group, Inc. and Lifetime Resources, Inc. Form 990, Part I, Line 1, Description of Organizational Mission: Plan, coordinate and provide affordable housing to low-income individuals and families in Southeastern Indiana. Form 990, Part VI, Section B, line 11b Line 11a explanation - A copy of the Form 990 along with all related schedules, statements and attachments are reviewed and approved by the Board of Directors prior to finalizing and filing these returns with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Lifetime Housing Group periodically distributes conflict of interest questionnaires to each officer, director and key employee. The questionnaires include statements regarding other employment, being related to anyone on the board and other items that may create an appearance of a potential independence issue. The identification, evaluation and resolution of those issues are discussed with the appropriate level of management or member of the Board of Directors. Form 990, Part VI, Section B, line 15 The Executive Director and Human Resources Manager of Lifetime Resources, Inc (a related tax exempt Section 501(c)(3) organization) annually review the performance of staff and set annual salaries in compliance with compensation guidelines set forth by the Board of Directors. The Board of Directors periodically reviews and approves staffing compensation guidelines after a thorough review of all related issues, consultation with independent persons, review of comparable date and deliberation. The Executive Director of the organization is compensated by Lifetime Resources, Inc.(a related tax exempt Section 501(c)(3) organization). The Executive Committee of the Board of Directors of Lifetime Resources, Inc. annually reviews the performance of the Executive Director and recommends an annual salary to the Board of Directors for final approval. The Board of Directors periodically reviews and determines compensation guidelines after a thorough review of all related issues, consultation with independent persons, review of comparable data and deliberation. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, Form 990 and financial statements are made available to the public upon specific request to the administrative office of the organization. Form 990, Part XI, line 9: Consolidation of Logan Elderly Housing II, L.P. 418,717. Deconsolidation of Logan Elderly Housing LP and Logan Elderly Housing II LP -1,432,235. Logan Elderly II Consolidated Net Assets -36,681. Form 990, Part XII, Line 2C No changes in process from the prior year. Logan Elderly Housing LP 13091 Benedict Dr Dillsboro IN 47018 352050998 Low-Income Housing IN 180214 1696917 Lifetime Housing Group Inc Lifetime Resources Inc 13091 Benedict Drive Dillsboro IN 47018 352076514 Social Services IN 501(c)(3) Line 7 N/A 0 Logan Elderly Housing II LP 13091 Benedict Dr Dillsboro IN 47018 020655645 Low-Income Housing IN Lifetime Housing Group Inc Related -78694 0 0 0.99990 LOGAN Elderly Housing II Llc 13091 Benedict Dr Dillsboro IN 47018 020655644 Low-Income Housing IN Logan Housing Corporation Related -6 0 0 0.60710 Logan Housing Corporation 13091 Benedict Drive Dillsboro IN 47018 200550558 Low-Income Housing IN N/A C 1.00000 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 Lifetime Resources Inc Q 29184 FMV Logan Elderly Housing LP E 338046 FMV