2012-12-17T14:17:57-06:00 2012-04-30 431236296 WOLFE NILGES NAHORSKI PC 1630 DES PERES RD SUITE 305 ST LOUIS MO 63131 990 2011-05-01 431202815 METROPOLITAN VILLAGE INC METR 3145341361 2837 DELMAR BLVD ST LOUIS MO 63103 KARL DOUGLAS 3145341361 2012-12-06 1 STEVEN J GESCHKE P00161710 3148354400 2012-12-06 2011 2016-02-24 21:20:13Z KARL DOUGLAS 1525 BAYONNE DR ST LOUIS MO 63138 1426714 0 X N/A X 1978 MO LOW INCOME HOUSING FOR THE ELDERLY 14 14 6 0 0 0 0 0 1812551 1426662 179 52 1629000 0 3441730 1426714 0 0 0 0 406817 381585 0 0 0 2896106 1218162 3302923 1599747 138807 -173033 2392689 2415897 1946484 2531437 446205 -115540 X METROPOLITAN VILLAGE PROVIDES HOUSING AND ASSISTANCE TO LOW-INCOME, ELDERLY, AND HANDICAPPED PERSONS. THESE HOUSING FACILITIES ARE DESIGNED TO MEET THE SPECIAL PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THESE PERSONS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING; THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON AN EXCLUSIVELY CHARITABLE BASIS. 0 0 1387188 1426662 METROPOLITAN VILLAGE INCURRED $1,188,852 IN EXPENSES IN FURTHERANCE OF ITS EXEMPT MISSION. THESE EXPENSES WERE RELATED TO THE PROVISION OF HOUSING FACILITIES TO LOW-INCOME PERSONS. 1387188 1 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 1 0 0 0 0 1 15 0 1 6 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SANSONE GROUP DDRLLC 3147276664 120 SOUTH CENTRAL SUITE 500 ST LOUIS MO 63105 X KARL DOUGLAS 4.00 X X 0 0 0 SHIRLEY R EMERSON 2.00 X X 0 0 0 EVELYN GILLIAM 2.00 X X 0 0 0 GLORIA J MARTIN 2.00 X X 0 0 0 PATRICIA T JONES 2.00 X X 0 0 0 ALVIN WINTON 2.00 X X 0 0 0 ROBERT W SPAIN 0.00 X 0 0 0 KEVIN TURNER SR 0.00 X 0 0 0 RUTH A GILLIAM 0.00 X 0 0 0 CALVIN STARKS 0.00 X 0 0 0 SUSAN FISHER 0.00 X 0 0 0 DREW H DAVIS 0.00 X 0 0 0 0 0 0 0 0 0 0 BRYAN CAVE LLP 211 NORTH BROADWAY SUITE 3600 ST LOUIS MO 631022750 LEGAL 127644 1 REVENUE FROM RENTAL OF 531110 1386629 1386629 MISCELLANEOUS REVENUE 531110 21400 21400 TENANT CHARGES 531110 18633 18633 1426662 52 52 1426714 1426662 0 52 48400 48400 198801 198801 66 66 76226 76226 58092 58092 70480 70480 127644 127644 14435 14435 2094 2094 37118 37118 347536 347536 69767 69767 213686 213686 REPAIRS AND MAINTENANCE 222826 222826 SECURITY 74172 74172 OTHER EXPENSES 36598 36598 REAL ESTATE TAXES 1586 1586 220 220 1599747 1387188 212559 0 215708 32574 134507 49985 1820 5812 5812 3041759 838310 1985845 2203449 135339 37735 2392689 2415897 -144088 28460 2090572 2364000 0 138977 1946484 2531437 X 138807 0 0 0 307398 -115540 446205 -115540 2392689 2415897 X -173033 -388712 X 0 0 0 X 617798 1904542 1982619 1812551 1426662 7744172 1629000 1629000 617798 1904542 1982619 3441551 1426662 9373172 0 0 0 9373172 250 651 191 179 52 1323 250 651 191 179 52 1323 618048 1905193 1982810 3441730 1426714 9374495 0.99990 0.00010 X 132856 132856 2120989 838310 1282679 787914 787914 2203449 MISCELLANEOUS CURRENT LIABILITIES 19554 DUE TO ACCOUNT 16756 SECURITY DEPOSITS HELD IN TRUST 102667 138977 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND A COPY IS PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY INCLUDED AS A SAMPLE POLICY WITH THE 1023 INSTRUCTIONS. THE ORGANIZATION'S BOARD OF DIRECTORS FOLLOWS THIS POLICY WHICH REQUIRES PERIODIC REVIEWS OF POTENTIAL CONFLICTS AND ANNUAL REPORTS BY DIRECTORS REGARDING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 IF REQUESTED THE REQUESTED DOCUMENTS ARE AVAILABLE TO VIEW AT METROPOLITAN VILLAGE OFFICE AT 2837 DELMAR BLVD., ST. LOUIS, MO 63103. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -388,712. PRIOR PERIOD ADJUSTMENT FORM 990, PART XI, LINE 5 A PRIOR PERIOD ADJUSTMENT WAS MADE FOR THE FOLLOWING ITEMS: EXPENSES INCORRECTLY SHOWN ON BALANCE SHEET AND NOT EXPENSED: LEGAL FEES FOR YEAR ENDED 4/30/10 $(153,831) LEGAL FEES FOR YEAR ENDED 4/30/11 (154,991) CAPITAL ASSETS EXPENSED IN PRIOR YEARS 129,297 DEPRECIATION NOT TAKEN IN PRIOR YEARS (209,187) TOTAL PRIOR PERIOD ADJUSTMENT (388,712) PHOENIX-METRO OF ST LOUIS INC 2837 DELMAR BLVD ST LOUIS MO 63103 261604683 LOW INCOME HOUSING MO 501(C)(3) OPERATING FUND 0 METROPOLITAN REDEVELOPMENT PARTNER LOW INCOME HOUSING MO METRO VILLAGE RELATED -4 0 1 0.50000 PHOENIX-METROPOLITAN GP INC 250 NE MULBERRY STREET LEES SUMMIT MO 64086 SENIOR HOUSING MO METRO VILLAGE C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RELATED PARTNERSHIP PART III THE ORGANIZATION POSSESSES A 50% MEMBERSHIP INTEREST IN METROPOLITAN REDEVELOPMENT PARTNERS, LLC, A MISSOURI LIMITED LIABILITY COMPANY TAXED AS A PARTNERSHIP FOR FEDERAL INCOME TAX PURPOSES. THE ORGANIZATION IS THE SOLE MANAGING MEMBER. THE PURPOSE OF THE LLC IS TO ACT AS THE GENERAL PARTNER OF THE METROPOLITAN REDEVELOPMENT INVESTORS, LP, A MISSOURI LIMITED PARTNERSHIP ORGANIZED TO IMPROVE AND OPERATE LOW INCOME HOUSING. THE LLC'S SOLE ASSET IS ITS 1% GENERAL PARTNER INTEREST IN THE LIMITED PARTNERSHIP. RELATED CORPORATION PART IV THE ORGANIZATION IS THE SOLE SHAREHOLDER OF PHOENIX-METROPOLITAN GP, INC., A MISSOURI FOR PROFIT CORPORATION. PHOENIX-METROPOLITAN GP, INC.'S SOLE ASSET IS GENERAL PARTNER INTEREST IN A PARTNERSHIP THAT OWNS A SENIOR LIVING APARTMENT COMPLEX. IT OWNS A LESS THAN 1% INTEREST IN PROFITS, LOSSES, AND CAPITAL. IT IS DIFFICULT TO ESTABLISH THE VALUE OF THIS INTEREST.