2012-05-09T15:27:51-05:00 2011-06-30 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2010-07-01 208640691 AFFORDABLE HOUSING NETWORK INC AFFO 3193656247 5400 KIRKWOOD BOULEVARD SW CEDAR RAPIDS IA 52404 JAMES A ERNST 3193656247 2012-05-08 1 KAY HEGARTY 3192985333 2010 2016-02-24 21:20:13Z JAMES A ERNST 5400 KIRKWOOD BOULEVARD SW CEDAR RAPIDS IA 52404 12416804 0 X WWW.AFFORDABLEHOUSINGNETWORK.ORG X 2007 IA TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES IN NEED. 10 9 28 0 0 0 16909977 10169315 2448294 2234392 8037 13097 63845 0 19430153 12416804 10335120 4251282 0 0 1059108 624089 0 0 0 2897824 2899439 14292052 7774810 5138101 4641994 21876997 25413118 14182539 13350994 7694458 12062124 TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES IN NEED. 0 0 2451438 0 2234392 AFFORDABLE HOUSING RENTALS: AHNI OWNS 410 AFFORDABLE HOUSING RENTAL UNITS AND MANAGES 85 AFFORDABLE HOUSING RENTAL UNITS, FOR A TOTAL OF 495 RENTAL UNITS INTENDED TO BE RENTED TO INDIVIDUALS AND FAMILIES WITH LOW TO VERY LOW INCOME. INCOME BETWEEN 50% AND 80% OF AREA MEDIAN INCOME (AMI) IS "LOW INCOME" AND INCOME BETWEEN 30% AND 50% OF AMI IS "VERY LOW INCOME." AHNI PROVIDES THE FOLLOWING SERVICES TO INSURE A SAFE AND CLEAN LIVING ENVIRONMENT: RENTAL AGENT SERVICES AND FACILITY MAINTENANCE. 3150849 2657588 JUMPSTART GRANTS: DURING THE YEAR ENDED JUNE 30, 2011, AHNI RECEIVED A STATE JUMPSTART GRANT FROM THE IOWA FINANCE AUTHORITY (IFA) AS WELL AS A COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) FOR JUMPSTART. THE GRANT FUNDS ARE PROVIDED TO HOMEOWNERS IN CEDAR RAPIDS, IOWA THAT WERE VICTIMS OF THE MIDWEST FLOODS OF 2008. 1654267 1593694 BLOCK BY BLOCK: DURING THE YEAR ENDED JUNE 30, 2011 AHNI CONTINUED A FLOOD REHABILITATION PROGRAM USING PRIVATELY DONATED DOLLARS TO REBUILD HOMES THAT WERE AFFECTED BY THE FLOODING IN CEDAR RAPIDS, IA IN 2008. AFTER THE PROGRAM HAD BEGUN THE PROGRAM RECEIVED GRANTS FROM THE IOWA FINANCE AUTHORITY AS WELL AS A SOCIAL SERVICES BLOCK GRANT (SSBG) FROM THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (DHS) TO ASSIST WITH THE COSTS INCURRED FOR PROPERTIES THAT THE PROGRAM REHABILITATED. THE PURCHASED PROPERTIES ARE REHABILITATED AND PLACED FOR SALE TO TRY AND PROVIDE AFFORDABLE HOUSING IN CEDAR RAPIDS. 7256554 1 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 140 0 1 28 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 1 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X SCOTT KRCHAK 3193640259 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 GARY BECKER 2.00 X X 0 0 0 LOIS BUNTZ 2.00 X X 0 0 0 GREG CLEVELAND 1.00 X 0 0 0 GAIL CUDWORTH 1.00 X 0 0 0 LAURIE DAWLEY 1.00 X 0 0 0 BILL FLETCHER 1.00 X 0 0 0 BEN HENDERSON 1.00 X 0 0 0 KARL HOFFMAN 1.00 X 0 0 0 SUZANNE HOLUB 1.00 X 0 0 0 TEENA SELLERS 1.00 X 0 0 0 ROBB VIZECKY 1.00 X 0 0 0 JAMES A ERNST 5.00 X 0 127330 75151 JOE LOCK 40.00 X 0 0 0 TAMI GILLMORE 1.00 X 0 114206 20669 0 241536 95820 0 0 1 0 OLMSTEAD CONSTRUCTION 2210 A ST SW CEDAR RAPIDS IA 52404 CONSTRUCTION 1669937 THE WALDINGER CORPORATION 2601 BELL AVE DES MOINES IA 50321 CONSTRUCTION 1399757 RABE HARDWARE INC 317 LOCUST ST NW BLAIRSTOWN IA 52209 CONSTRUCTION 1033533 MG PRECISION CONSTRUCTION 2549 MANOR ST WATERLOO IA 50702 CONSTRUCTION 496484 APPLEBY & HORN TILE CO 128 31ST ST NE CEDAR RAPIDS IA 52402 CONSTRUCTION 463457 27 9330266 839049 10169315 RENTAL INCOME 531110 2141197 2141197 AFFILIATE SERVICES 531310 76657 76657 AUXILIARY RENTAL INCOM 531390 16538 16538 2234392 13097 13097 12416804 2234392 0 13097 409870 409870 3841412 3841412 31058 31058 406842 363955 42887 13096 10927 2169 125097 64498 60599 47996 29756 18240 161422 161422 15935 9294 6641 62856 19031 43825 295470 98908 196562 10600 5588 5012 52456 45534 6922 568016 509581 58435 33766 29221 4545 336374 336374 543518 543518 120513 118363 2150 JUMPSTART EXPENSES 493261 493261 REPAIRS AND MAINTENANCE 149966 119500 30466 PROVISION FOR BAD DEBT 39210 39210 STAFF DEVELOPMENT 7544 1927 5617 8532 5404 3128 7774810 7256554 518256 0 4606740 3559931 823743 1552699 222351 243437 260271 176493 1434 64210 42712 21336423 3145067 14038814 18191356 1604565 1353984 256303 291072 21876997 25413118 1376529 719275 345851 352960 10968358 10860317 279000 279000 810898 835736 401903 303706 14182539 13350994 X 6840723 9482123 853735 2580001 7694458 12062124 21876997 25413118 X 4641994 -274328 X 0 1 1 X 1 1 X 74292 23499307 16909977 10169315 50652891 669494 1780398 2448294 2234392 7132578 743786 25279705 19358271 12403707 57785469 54292 39359 1000000 1093651 0 54292 39359 1000000 1093651 56691818 125 1268 8037 13097 22527 125 1268 8037 13097 22527 888 75474 63845 140207 744799 25356447 19430153 12416804 57948203 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1054408 1054408 19201684 3123587 16078097 65643 21480 44163 1014688 1014688 18191356 INVESTMENT IN RELATED ENTITY - BROWN APARTMENTS, LP 212435 C INVESTMENT IN RELATED ENTITY - AHNI HOLDINGS 1141549 C 1353984 NOTES PAYABLE-RELATED ORGANIZATIONS 176199 ACCOUNTS PAYABLE-RELATED ORGANIZATIONS 1591 DEPOSITS 125916 303706 12416804 7774810 4641994 -274328 -274328 4367666 12460851 421260 421260 12039591 377213 377213 12416804 8235202 838729 838729 7396473 378337 378337 7774810 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AHNI AND AHNI HOLDINGS ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES. BROWN APARTMENTS, LP IS A PARTNERSHIP AND DOES NOT INCUR INCOME TAXES. EARNINGS OR LOSSES ARE REPORTED TO ITS PARTNERS FOR INCOME TAX CONSIDERATION. ACCORDINGLY, NO PROVISION IS MADE FOR INCOME TAXES. AHNI PROPERTIES, INC. IS SUBJECT TO STATE AND FEDERAL INCOME TAXES. DURING THE YEARS ENDED JUNE 30, 2011 AND 2010, THERE WAS NO FINANCIAL ACTIVITIES OF AHNI PROPERTIES, INC., AND THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. AHNI HAS REVIEWED ITS TAX POSITIONS FOR AFFORDABLE HOUSING NETWORK, INC. AND AHNI HOLDINGS FOR ALL OPEN TAX YEARS AND HAS CONCLUDED AHNI HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. AHNI IS NO LONGER SUBJECT TO EXAMINATIONS FOR THE YEARS BEFORE DECEMBER 31, 2007. AS OF AND FOR THE YEAR ENDED JUNE 30, 2011, BROWN APARTMENTS, LP AND AHNI PROPERTIES HAD NO UNRECOGNIZED TAX BENEFITS. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET LOSS OF RELATED ENTITY - BROWN APARTMENTS, LP -161,230. NET LOSS OF RELATED ENTITY - AHNI HOLDINGS -255,115. NONCONTROLLING INTEREST IN NET LOSS OF PARTNERSHIP - BROWN APARTMENTS, LP 142,017. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ENTITY - BROWN APARTMENTS, LP 63,245. REVENUE OF RELATED ENTITY - AHNI HOLDINGS 359,139. NEGATIVE GRANT REVENUE RECLASSIFIED TO EXPENSE -1,124. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS FOR CONSOLIDATED AUDIT REPORT 377,213. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ENTITY - BROWN APARTMENTS, LP 224,475. EXPENSES OF RELATED ENTITY - AHNI HOLDINGS 614,254. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS FOR CONSOLIDATED AUDIT REPORT 377,213. NEGATIVE GRANT REVENUE RECLASSIFIED TO EXPENSE 1,124. PART XI, LINE 10 - RECONCILIATION TO EXCESS FOR THE YEAR PER AUDITED FINANCIAL STATEMENTS: CHANGE IN NET ASSETS BEFORE NONCONTROLLING INTEREST IN NET LOSS OF PARTNERSHIP PER CONSOLIDATED AUDITED FINANCIAL STATEMENTS: 4,225,649 PLUS - NONCONTROLLING INTEREST IN NET LOSS OF PARTNERSHIP: 142,017 EQUALS - PART XI, LINE 10, CHANGE IN NET ASSETS PER CONSOLIDATED AUDITED FINANCIAL STATEMENTS: 4,367,666 1 AHNI HOLDINGS 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 271786138 501(C)(3) 360263 0 N/A N/A BLOCK BY BLOCK PROGRAM IOWA LEGAL AID 317 7TH AVE SE SUITE 404 CEDAR RAPIDS IA 52401 421079227 501(C)(3) 36172 0 N/A N/A TO PROVIDE LEGAL ASSISTANCE FOR FLOOD-AFFECTED FAMILIES AGING SERVICES 317 7TH AVE SE SUITE 302 CEDAR RAPIDS IA 52401 237085316 501(C)(3) 13435 0 N/A N/A TO PERFORM REPAIR PROJECTS FOR FLOOD-AFFECTED SENIORS 3 0 STATE JUMPSTART ASSISTANCE - REHABILITATION, LEAD HAZARD, DOWN PAYMENT, MORTGAGE, ENERGY EFFICIENCY 125 2407166 0 N/A N/A CDBG JUMPSTART ASSISTANCE - REHABILITATION, LEAD HAZARD, DOWN PAYMENT, MORTGAGE 35 250422 0 N/A N/A SSBG ASSISTANCE - REHABILITATION 90 1183824 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: BLOCK BY BLOCK GRANTS TO AHNI HOLDINGS: BLOCK BY BLOCK IS A FLOOD REHABILITATION PROGRAM THAT PURCHASES, REHABILITATES, AND SELLS HOUSES TO LOW INCOME INDIVIDUALS. AHNI HOLDINGS IS A SEPARATE ENTITY FORMED FOR THE PURPOSE OF HOLDING TITLE TO THE HOUSES PURCHASED FOR THIS PROGRAM. THE FILING ORGANIZATION IS THE SOLE MEMBER OF AHNI HOLDINGS. THEREFORE, ALL FUNDS TRANSFERRED TO AHNI HOLDINGS REMAIN UNDER THE SUPERVISION OF THE FILING ORGANIZATION AND SEPARATE GRANT FUND MONITORING PROCEDURES ARE NOT APPLICABLE FOR THIS PROGRAM. JUMPSTART GRANTS TO INDIVIDUALS: MONTH END REPORTS CONSISTING OF DOLLAR AMOUNTS COMMITTED AND DISBURSED FOR EACH TYPE OF ASSISTANCE BY FUNDING SOURCE ARE SENT TO THE IOWA FINANCE AUTHORITY (IFA) AND IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT (IDED). A MONTH END REPORT IS ALSO SENT TO THE CITY OF CEDAR RAPIDS CONSISTING OF TOTAL AMOUNTS COMMITTED/DISBURSED BY TYPE OF ASSISTANCE (NOT ITEMIZED BY FUNDING SOURCE) ALONG WITH STATUS OF PROJECT WORK LOAD (COMPLETED PROJECTS). ALL DRAW REQUESTS ARE SUBMITTED TO THE CITY OF CEDAR RAPIDS FOR FORMAL SUBMISSION TO THE RESPECTIVE FUNDING AGENCY WITH ALL FEDERAL FUNDING REQUESTS REQUIRING THE APPROVAL OF IDED. EACH INDIVIDUAL FUNDING REQUEST UNDERGOES AN INTERNAL AUDITING PROCESS BOTH PRIOR TO FORMAL SUBMISSION AND AFTER FUNDS ARE RECEIVED (PRIOR TO RELEASE TO APPLICANT) TO VERIFY VALIDITY OF REQUEST. SEVERAL AUDITS, MONITORING VISITS, ETC. WERE CONDUCTED IN FY11. SOCIAL SERVICES BLOCK GRANTS (SSBG): THE ORGANIZATION VERIFIES INVOICES ITEMIZING REHABILITATION, REPAIR, OR LEGAL WORK PERFORMED PRIOR TO PAYMENT OF FUNDS TO INDIVIDUALS, AGING SERVICES, AND IOWA LEGAL AID. UNDER THE TERMS OF THE GRANT CONTRACT WITH THE DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE ORGANIZATION IS REQUIRED TO SUBMIT REPORTS DETAILING THE USE OF FUNDS AND INDIVIDUALS SERVED. IN ADDITION, SEVERAL AUDITS, MONITORING VISITS, ETC. WERE CONDUCTED IN FY11. 0 1 0 0 0 0 0 0 0 JAMES A ERNST 0 121974 0 0 0 5356 0 67750 0 7401 0 202481 0 0 PART I, LINE 4B JAMES A. ERNST PARTICIPATES IN FOUR OAKS FAMILY AND CHILDREN'S SERVICES' SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE BENEFIT IS ACCRUED OVER THE PERIOD OF ACTIVE EMPLOYMENT AND IS PAYABLE UPON RETIREMENT. THE AGREEMENT HAS NO VESTING AND THE EMPLOYEE WILL FORFEIT PAYMENTS IF SEVERANCE OF EMPLOYMENT OCCURS. $64,000 OF DEFERRED COMPENSATION FROM THIS PLAN WAS ACCRUED DURING THE YEAR AND IS REPORTED IN SCH J, PART II, COL (C). SUPPLEMENTAL INFORMATION PART III PART I, LINE 3, PROCEDURES USED TO ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: JAMES A. ERNST, PRESIDENT/CEO IS COMPENSATED BY FOUR OAKS FAMILY & CHILDREN'S SERVICES, A RELATED TAX-EXEMPT ENTITY THAT IS THE SOLE MEMBER OF AHNI. JOE LOCK, EXECUTIVE DIRECTOR IS COMPENSATED BY AHNI, HOWEVER, HIS COMPENSATION IS ESTABLISHED BY FOUR OAKS. IN SETTING EXECUTIVE COMPENSATION FOR BOTH MR. ERNST AND MR. LOCK, FOUR OAKS UTILIZES A COMPENSATION SETTING COMMITTEE, AN INDUSTRY SALARY SURVEY, AND A MARKET REVIEW AND COMPENSATION COMPARISON OBTAINED EVERY THREE YEARS FROM AN INDEPENDENT ACCOUNTING FIRM. FOUR OAKS RETAINS DOCUMENTATION WITH REGARD TO CRITERIA USED TO ARRIVE AT COMPENSATION FOR EXECUTIVES. MR. ERNST DOES NOT RECEIVE COMPENSATION FOR THE SERVICES HE PROVIDES TO AHNI. LINN COUNTY IOWA 426004338 2007-05-23 5200000 ACQUISITION OF PROPERTY 0 0 0 LINN COUNTY IOWA 426004338 2009-09-23 6000000 REHAB OF BUILDING CONSTRUCTION 0 0 0 5200000 51343 41185 5107472 2007 0 0 1 1 6000000 33603 73799 5757092 135506 0 0 0 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 1 0 0 0 0 0 1 CEDAR RAPIDS BANK & TRUST SEE SCH L, PART V 259870 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: GARY BECKER, BOARD PRESIDENT IS A KEY EMPLOYEE AT CRBT.(D) DESCRIPTION OF TRANSACTION: LOAN INTEREST PAID TO CRBT: $259,530INTEREST EARNED ON DEPOSITS AT CRBT: $340 FORM 990, PART VI, SECTION A, LINE 3 AHNI HAS A MANAGEMENT AGREEMENT IN PLACE BY WHICH AHNI PAYS A FEE TO FOUR OAKS FAMILY AND CHILDREN'S SERVICES FOR THE MANAGEMENT OF AHNI'S DAY TO DAY OPERATIONS. FORM 990, PART VI, SECTION A, LINE 6 FOUR OAKS FAMILY AND CHILDREN'S SERVICES IS THE SOLE MEMBER OF AHNI. FORM 990, PART VI, SECTION A, LINE 7A FOUR OAKS, THE SOLE MEMBER OF AHNI, HAS THE POWER TO APPOINT THREE DIRECTORS, WHICH ARE THEN CONFIRMED BY THE AHNI BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN BOARD ACTIONS ARE SUBJECT TO MEMBER (FOUR OAKS) APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE OUTSIDE TAX PREPARER REVIEWS THE FORM 990 IN DRAFT FORM WITH THE PRESIDENT/CEO, EXECUTIVE DIRECTOR, TOP FINANCIAL OFFICIAL, AND COMMITTEE RESPONSIBLE FOR REVIEW OF THE FORM 990. ALL QUESTIONS AND CONCERNS ARE ADDRESSED TO FULL SATISFACTION BEFORE BECOMING FINAL. THE FINAL FORM 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS, AND EMPLOYEES TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AS WELL AS REPORT ANY DUALITY OF INTEREST AS SOON AS THE INTEREST OCCURS. WHEN HIRING INDEPENDENT CONTRACTORS FOR MAJOR PROJECTS, THE ORGANIZATION SENDS REQUESTS FOR PROPOSAL ("RFPS.") FOR MAJOR RECURRING SERVICE CONTRACTS, RFPS ARE DONE EVERY 3-5 YEARS OR MARKET RATES ARE REVIEWED BY MANAGEMENT TO ENSURE THAT THE TERMS FOR RENEWING THE CONTRACT ARE STILL AT COMPETITIVE MARKET RATES. THROUGHOUT THE PROCESS, ANY INTERESTED BOARD MEMBERS AND/OR COMMITTEE MEMBERS MUST ABSTAIN FROM THE DISCUSSION AND THE SELECTION OF A CONTRACTOR. WHERE MAJOR CONFLICTS EXISTS, THE BOARD MEMBER WILL EITHER RESIGN AS A BOARD MEMBER OR WITHDRAW HIS/HER FIRM FROM CONSIDERATION FOR THE CONTRACT. AS AN ADDITIONAL SAFEGUARD, MANAGEMENT REVIEWS VENDOR LISTS AND BOARD MEMBER LISTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 JAMES A. ERNST, PRESIDENT/CEO AND TAMI GILLMORE, TOP FINANCIAL OFFICIAL ARE COMPENSATED BY FOUR OAKS FAMILY & CHILDREN'S SERVICES, A RELATED TAX-EXEMPT ENTITY THAT IS THE SOLE MEMBER OF AHNI. IN SETTING EXECUTIVE COMPENSATION, FOUR OAKS UTILIZES A COMPENSATION SETTING COMMITTEE, AN INDUSTRY SALARY SURVEY, AND A MARKET REVIEW AND COMPENSATION COMPARISON OBTAINED EVERY THREE YEARS FROM AN INDEPENDENT ACCOUNTING FIRM. FOUR OAKS RETAINS DOCUMENTATION WITH REGARD TO CRITERIA USED TO ARRIVE AT COMPENSATION FOR OFFICERS. MR. ERNST AND MS. GILLMORE DO NOT RECEIVE COMPENSATION FOR THE SERVICES THEY PROVIDE TO AHNI. ALL VOTING OFFICERS AND DIRECTORS SERVING ON THE AHNI BOARD ARE UNCOMPENSATED VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 16: AFFORDABLE HOUSING NETWORK, INC. MANAGES SEVERAL LOW INCOME RESIDENTIAL RENTAL PROPERTIES OF AFFILIATED ENTITIES PURSUANT TO WRITTEN MANAGEMENT AGREEMENTS. ANY AFFILIATED ENTITIES IN WHICH AFFORDABLE HOUSING NETWORK, INC. HAS THE PRESCRIBED AMOUNT OF DIRECT OR INDIRECT OWNERSHIP OR CONTROL ARE LISTED AS RELATED ORGANIZATIONS ON FORM 990, SCHEDULE R, AS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET LOSS OF RELATED ENTITY - BROWN APARTMENTS, LP -161,230. NET LOSS OF RELATED ENTITY - AHNI HOLDINGS -255,115. NONCONTROLLING INTEREST IN NET LOSS OF PARTNERSHIP - BROWN APARTMENTS, LP 142,017. TOTAL TO FORM 990, PART XI, LINE 5: -274,328. HAWTHORNE HILLS LLC 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 263623649 INACTIVE - LOW INCOME RESIDENTIAL REAL ESTATE RENTAL IA 0 0 N/A FOUR OAKS FAMILY AND CHILDREN'S SERVICES 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 420998726 TREATMENT, COUNSELING, PREVENTION IA 501(C)(3) LINE 9 N/A 0 JANE BOYD COMMUNITY HOUSE 943 14TH AVENUE SE CEDAR RAPIDS IA 52401 420680359 INDIVIDUAL AND FAMILY SERVICES IA 501(C)(3) LINE 7 FOUR OAKS FAMILY AND CHILDREN'S SERVICES 0 AHNI HOLDINGS 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 271786138 LOW INCOME HOUSING IA 501(C)(3) LINE 11A, I N/A 1 BROWN APARTMENTS LP 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 261195327 LOW INCOME RESIDENTIAL REAL ESTATE RENTAL IA N/A RELATED -15 267528 0 1 0.00010 SUGAR CREEK BEND LLLP 14 WEST 21ST ST SPENCER IA 51301 270529358 LOW INCOME RESIDENTIAL REAL ESTATE RENTAL IA AHNI PROPERTIES INC RELATED 139 0 1 0.00005 AHNI PROPERTIES INC 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 263756672 LOW INCOME RESIDENTIAL REAL ESTATE MANAGEMENT IA N/A C 139 1.00000 MISSION PLUS INC 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 203059740 DISSOLVED AS OF 6-30-2011 IA N/A C HARBET AVENUE PROPERTIES INC 5400 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 264520424 INACTIVE - LOW INCOME RESIDENTIAL REAL ESTATE RENTAL IA N/A C 1.00000 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 0 0 BROWN APARTMENTS LP A 7486 WRITTEN AGREEMENT AHNI HOLDINGS B 360263 CASH BROWN APARTMENTS LP D 223118 WRITTEN AGREEMENT FOUR OAKS FAMILY AND CHILDREN'S SERVICES E 176199 WRITTEN AGREEMENT FOUR OAKS FAMILY AND CHILDREN'S SERVICES (GUARANTEE) E 1000000 WRITTEN AGREEMENT FOUR OAKS FAMILY AND CHILDREN'S SERVICES O 313557 COST FOUR OAKS FAMILY AND CHILDREN'S SERVICES L 84765 WRITTEN AGREEMENT