ACCESS VENTURES INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
ACCESS VENTURES INC (EIN 46-3061287)
Tax period
2013-06-25 to 2013-12-31
Filed
2014-11-17
IRS object ID
201443219349310059
Schema version
2013v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-11-17T16:00:21-06:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351515068PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MONROE SHINE & CO INC CPA'SBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1407AddressLine1
CityNEW ALBANYCity
StateINState
ZIP Code471511407ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-06-25TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463061287EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACCESS VENTURES INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlACCEBusinessNameControlTxt
Phone5024105875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11229 S SHELBY STAddressLine1
CityLOUISVILLECity
StateKYState
ZIP Code40203ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRYCE BUTLERPersonNm
Person TitleCHAIRPersonTitleTxt
Phone5024105875PhoneNum
Signature2014-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP D BEAMAN CPAPreparerPersonNm
PTINP00815487PTIN
Phone8129452311PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerBRYCE BUTLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11229 S SHELBY STAddressLine1
CityLOUISVILLECity
StateKYState
ZIP Code40203ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$2,118,492GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ACCESSVENTURES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateKYLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION'S MISSIONS ARE EDUCATION; RELIEF OF THE POOR, DISTRESSED AND UNDERPRIVILEGED; AND THE PROMOTION OF SOCIAL WELFARE BY COMBATING COMMUNITY DETERIORATION. THE ORIGANIZATION'S APPROACH IS THROUGH PROVIDING ACCESS TO FINANCE AND HOUSING TO IMPOVERISHED INDIVIDUALS THROUGH EDUCATION, LENDING, AND RENTING AND SELLING HOUSING TO LOW INCOME INDIVIDUALS.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$2,000,000CYContributionsGrantsAmt
CY Program Service Revenue$14,393CYProgramServiceRevenueAmt
CY Investment Income$104,099CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$2,118,492CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$47,976CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$62,593CYOtherExpensesAmt
CY Total Expenses$110,569CYTotalExpensesAmt
CY Revenues Less Expenses$2,007,923CYRevenuesLessExpensesAmt
Total Assets EOY$5,000,441TotalAssetsEOYAmt
Total Liabilities EOY$3,000,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$2,000,441NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION'S MISSIONS ARE EDUCATION; RELIEF OF THE POOR, DISTRESSED AND UNDERPRIVILEGED; AND THE PROMOTION OF SOCIAL WELFARE BY COMBATING COMMUNITY DETERIORATION. THE ORIGANIZATION'S APPROACH IS THROUGH PROVIDING ACCESS TO FINANCE AND HOUSING TO IMPOVERISHED INDIVIDUALS THROUGH EDUCATION, MICRO LENDING, AND RENTING AND SELLING HOUSING TO LOW INCOME INDIVIDUALS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$59,912ExpenseAmt
Revenue$14,393RevenueAmt
DescACCESS HOUSING IS FOCUSED ON THE PURCHASING, RENOVATING, RENTING AND SELLING DILLAPIDATED HOMES. THE PURPOSE IS TO IMPROVE THE COMMUNITY WHILE IMPROVING THE LIVES OF INDIVIDUALS IN THE COMMUNITY.THE HOUSING PROGRAM INVOLVES ACQUIRING VACANT AND ABANDONED HOMES, USING DISADVANTAGED WORKERS AND RENTING OR SELLING THE HOMES. ACCESS HOUSING WILL SOMETIMES WORK WITH OTHER ORGANIZATIONS TO USE THE PROPERTY. ACCESS HOUSING SERVES THOSE IN THE URBAN MINISTRY FIELD AND A HALFWAY HOUSE FOR PARTNER ORGANIZATIONS TO PROVIDE TRANSITIONAL HOUSINGS NEEDS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$18,195ExpenseAmt
DescACCESS FINANCE IS DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT AND PERSONAL GROWTH THROUGH EDUCATION AND THE INFUSION OF CAPITAL FOR DEVELOPMENT. THE ORGANIZATION WILL PROVIDE INDIVIDUALS WITH ENTREPRENEURIAL EDUCATION. THIS EDUCATION WILL INCLUDE BUSINESS FINANCE, JOB TRAINING, RESUME BUILDING. IN ORDER TO OBTAIN MICRO-LOANS, AN INDIVIDUAL WILL BE REQUIRED TO PARTICIPATE IN THE ORGANIZATION'S ENTREPRENEURIAL EDUCATION.MICRO-LOANS WILL BE LOANED TO ENTITIES AND INDIVIDUALS WHO ARE NOT OTHERWISE ABLE TO OBTAIN FUNDS FROM CONVENTIONAL COMMERCIAL SOURCES DUE TO FINANCIAL RISKS INVOLVED IN ESTABLISHING AND OPERATING ENTERPRIESES IN THESE COMMUNITIES OR BECAUSE OF THEIR MEMBERSHIP IN MINORITY OR OTHER DISADVANTAGED GROUPS. THE PROGRAM IS DESIGNED TO ENABLE THE RECIPIENT OF FUNDS TO START A NEW BUSINESS OR TO ACQUIRE OR IMPROVE AN EXISTING BUSINESS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$78,107TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1
FieldValueIRS element (for citing)
Phone5024105875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11229 S SHELBY STAddressLine1
CityLOUISVILLECity
StateKYState
ZIP Code40203ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRYCE BUTLER
CHAIR10.00Yes (X)Yes (X)$0$0$0
NATHAN IVEY
SECRETARY10.00Yes (X)Yes (X)$0$0$0
LUKE BARKER
TREASURER10.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,000,000AllOtherContributionsAmt
Total Contributions$2,000,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescACCESS HOUSING RESIDENDesc
Business531110BusinessCd
Total Revenue Column$14,393TotalRevenueColumnAmt
Related Or Exempt Func Income$14,393RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$14,393TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$104,099TotalRevenueColumnAmt
Exclusion$104,099ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,118,492TotalRevenueColumnAmt
Related Or Exempt Func Income$14,393RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$104,099ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$44,022TotalAmt
Program Services$44,022ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,954TotalAmt
Program Services$3,954ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,284TotalAmt
Management And General$9,284ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,584TotalAmt
Management And General$1,584ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$99TotalAmt
Management And General$99ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,229TotalAmt
Program Services$2,229ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$400TotalAmt
Program Services$400ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,405TotalAmt
Program Services$4,214ProgramServicesAmt
Management And General$191ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,816TotalAmt
Program Services$7,326ProgramServicesAmt
Management And General$14,490ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BANK & INVESTMENT FEES$9,726$6,419$3,307
PROPERTY TAXES$3,337$3,337
UTILITIES$3,288$2,524$764
REPAIRS AND MAINTENANCE$2,348$880$1,468

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,077TotalAmt
Program Services$2,802ProgramServicesAmt
Management And General$1,275ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$110,569TotalAmt
Program Services$78,107ProgramServicesAmt
Management And General$32,462ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$24,707EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$538,856LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,405LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$534,451EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$3,333,768EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$1,103,715EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,800EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,000,441EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$2,850,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$150,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,000,000EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,000,441EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,000,441EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,000,441EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,007,923ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$7,482NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year$2,000,000CurrentTaxYearAmt
Total$2,000,000TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$14,393CurrentTaxYearAmt
Total$14,393TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$2,014,393CurrentTaxYearAmt
Total$2,014,393TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,014,393PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year$104,099CurrentTaxYearAmt
Total$104,099TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year$104,099CurrentTaxYearAmt
Total$104,099TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year$2,118,492CurrentTaxYearAmt
Total$2,118,492TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Form990 Schedule A Part IV Form990ScheduleAPartIVGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III, SECTION A, LINE 1FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION WAS INCORPORATED ON JUNE 25, 2013 AND HAD NO REVENUE IN ANY OF THE FOUR PRIOR YEARS. THE FORM 990 BEING FILED FOR 2013 IS AN INITIAL RETURN.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$528,255OtherCostOrOtherBasisAmt
Depreciation$4,214DepreciationAmt
Book Value$524,041BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,601OtherCostOrOtherBasisAmt
Depreciation$191DepreciationAmt
Book Value$10,410BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$534,451TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
LORD ABBETT MULTI ASSET INCOME FUND$553,042F
IVY HIGH INCOME CLASS I FUND$550,673F
FieldValueIRS element (for citing)
Total Book Value Securities$1,103,715TotalBookValueSecuritiesAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BLUE SKY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Relationship With OrgDONORRelationshipWithOrgTxt
Loan PurposeINTEREST FREE LOAN TO CARRY OUT THE MISSION AND PURPOSE OF THE ORGANIZATIONLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$2,850,000OriginalPrincipalAmt
Balance Due$2,850,000BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$2,850,000TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS GIVEN TO BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR FOR REVIEW BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR AND EMPLOYEE SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE/SHE IS INVOLVED THAT HE/SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Total IncomeTotalIncomeAmt
ACCESS HOUSING OF NEW ALBANY LLC
1229 S SHELBY STLOUISVILLEKY40203800945718OWNERSHIP OF REAL ESTATE AND MANAGEMENT OF HOUSING IN NEW ALBANY, INDIANAIN$52,808ACCESS VENTURES INC
URBAN EXPERIENCE HOUSING LLC
1229 S SHELBY STLOUISVILLEKY40203461521189OWNERSHIP OF REAL ESTATEAND MANAGEMENT OF HOUSING IN LOUISVILLE, KENTUCKYKY$386,020ACCESS VENTURES INC$14,393
ACCESS HOUSING SHELBY PARK LLC
1229 S SHELBY STLOUISVILLEKY40203KYACCESS VENTURES INC

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