2015-08-03T10:41:58-05:00 2014-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2014-01-01 841247423 Longmont Housing Development Corp LONG 3036518581 1228 Main Street Longmont CO 80501 Debby Paris President 3036518581 2015-07-29 1 LISA CHAFFEE CPA P00193453 7012398500 2015-07-29 2014 2016-02-25 16:41:14Z Michael Reis 1228 Main Street Longmont CO 80501 264932 0 X www.longmontha.com X 1993 CO Low Income Housing 7 7 0 7 0 0 13354 105000 257066 158920 219554 1012 0 0 489974 264932 0 0 0 0 0 64422 0 0 0 509320 288379 509320 352801 -19346 -87869 3490274 3633274 634015 864884 2856259 2768390 To provide housing and related services to low and moderate income families, elderly and disabled households and to relieve the community of substandard housing. 0 0 193455 158920 Provide low income housing to residents of Longmont, Colorado, using HUD assistance and guidelines. 193455 1 1 0 0 0 0 0 0 1 0 1 0 1 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 1 1 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 1 0 X Christina Carrier 3036518581 1228 Main Street Longmont CO 80501 X Debby Paris President 1.00 2.00 X X 0 0 0 Cyril Vidergar Vice President 1.00 2.00 X X 0 0 0 Darrell L Beck Jr Director 1.00 2.00 X 0 0 0 Richard Siceloff Director 1.00 2.00 X 0 0 0 Dan Benavidez Director 1.00 2.00 X 0 0 0 Tom Cobb Director 1.00 2.00 X 0 0 0 Kristin Laubach Director 1.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 105000 105000 PS Rental Revenue 531110 146882 146882 Program Notes Rec Inte 531111 9213 9213 Other Revenue 531110 2825 2825 158920 1012 1012 264932 158920 0 1012 47658 47658 7551 7551 8435 8435 778 778 82588 82588 2786 2786 7532 7532 14544 14544 518 518 4133 4133 58043 58043 7617 7617 18913 18913 33762 33762 4734 4734 Rehab Program 30208 30208 Critical Housing Opport 19763 19763 3238 1220 2018 352801 193455 159346 0 211137 80465 534059 268571 884 278914 4136 2776602 502534 1917860 2274068 782945 731256 39253 0 3490274 3633274 25931 29730 7550 8050 600534 578234 248870 634015 864884 X 2856259 2768390 2856259 2768390 3490274 3633274 -87869 0 X 0 1 X 1 0 X 224861 64688 273513 13354 105000 681416 224861 64688 273513 13354 105000 681416 681416 11811 39416 12064 17690 1012 81993 763409 1235487 0.89260 0.87960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1854000 1854000 521705 499466 22239 9082 3068 6014 369334 22481 391815 2274068 Investment in LHM 191536 F Low Interest Note Receivables 539720 F 731256 X 264932 0 264932 0 264932 354023 1222 1222 352801 0 352801 Part IV, Line 2b: The organization holds tenant security deposits. Part X, Line 2: The Corporation is organized as a Colorado nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). The Corporation is required to file an annual Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Corporation is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The Corporation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Corporation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XII, Line 2d - Other Adjustments: Expenses of LHMI included in Expenses of Consolidated Financials 1,220. Rounding 2. Form 990, Part VI, Section A, line 3 Longmont Housing Authority (LHA) is the management company for Longmont Housing Development Corporation (LHDC). LHDC paid the management company $82,588 to provide corporate management services for accounting and operations. The corporate management fee is determined annually in the board approved budget. Form 990, Part VI, Section A, line 8b There are no committees that are able to act on behalf of the board. Form 990, Part VI, Section B, line 11 LHA accounting managers reviewed the Form 990, and provided a copy to the Board of Directors before for filing with the IRS. Form 990, Part VI, Section B, line 12c The Board Members review and sign off on the conflict of interest policy annually indicating they do not have conflicts. If they have a conflict they cannot serve on the Board of Directors. The disclosures are filed with LHA. Form 990, Part VI, Section B, line 15 The organization does not compensate or employ individuals. Form 990, Part VI, Section C, line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request during the tax year. Prairie Village Management LLC 1229 Main Street Longmont CO 80501 Low Income Housing CO 0 0 Longmont Housing Development Corp The Hearthstone at Hover Crossing 1228 Main Street Longmont CO 80501 611623575 Low Income Housing CO 501(c)(3) Line 9 Longmont Housing Development Corp 1 The Lodge at Hover Crossing 1228 Main Street Longmont CO 80501 208552632 Low Income Housing CO 501(c)(3) Line 9 Longmont Housing Development Corp 1 Spring Creek Apartments LLLP 1228 Main St Longmont CO 80501 472925872 Real Estate CO Longmont Housing Development Corp Related 0 1 0.99000 Aspen Meadows Associates LLLP 1228 Main St Longmont CO 80501 841588763 Real Estate CO N/A Village Place Associates LLLP 1228 Main St Longmont CO 80501 205545571 Real Estate CO N/A Longmont Housing Management Inc 1228 Main St Longmont CO 80501 841600210 Real Estate Management CO Longmont Housing Development Corp C 181380 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0