WARREN VILLAGE INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: WARREN VILLAGE INC (EIN 84-0644270)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-10-31
IRS object ID: 201243059349300304
Schema version: 2011v1.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-31T07:48:56-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	840869721	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EHRHARDT KEEFE STEINER & HOTTMAN PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	7979 E TUFTS AVENUE SUITE 400	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	802372843	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	840644270	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	WARREN VILLAGE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	WARR	NameControl
Phone	3033212345	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1323 GILPIN STREET	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	80218	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SHARON KNIGHT	Name
Title	PRESIDENT	Title
Phone	3033212345	Phone
Date Signed	2012-10-26	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CRAIG R CHOUN	Name
PTIN	P00173718	PTIN
Phone	3037409400	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SHARON KNIGHT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1323 GILPIN STREET	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	80218	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4345017	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.WARRENVILLAGE.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1969	YearFormation
State Legal Domicile	CO	StateLegalDomicile
Activity Or Mission Description	HELPING LOW-INCOME SINGLE PARENT FAMILIES ACHIEVE SUSTAINABLE PERSONAL & ECONOMIC SELF-SUFFICIENCY	ActivityOrMissionDescription
Nbr Voting Members Governing Body	24	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	24	NbrIndependentVotingMembers
Total Nbr Employees	107	TotalNbrEmployees
Total Nbr Volunteers	1628	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	7353449	ContributionsGrantsPriorYear
Contributions Grants Current Year	2199432	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1944587	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2063075	ProgramServiceRevenueCY
Investment Income Prior Year	38952	InvestmentIncomePriorYear
Investment Income Current Year	36556	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-27945	OtherRevenuePriorYear
Other Revenue Current Year	-21272	OtherRevenueCurrentYear
Total Revenue Prior Year	9309043	TotalRevenuePriorYear
Total Revenue Current Year	4277791	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	20000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	26193	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2467494	SalariesEtcPriorYear
Salaries Etc Current Year	2464438	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	216782	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2919069	OtherExpensePriorYear
Other Expenses Current Year	1387687	OtherExpensesCurrentYear
Total Expenses Prior Year	5406563	TotalExpensesPriorYear
Total Expenses Current Year	3878318	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3902480	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	399473	RevenuesLessExpensesCY
Total Assets BOY	7909345	TotalAssetsBOY
Total Assets EOY	8082302	TotalAssetsEOY
Total Liabilities BOY	1322711	TotalLiabilitiesBOY
Total Liabilities EOY	1115510	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6586634	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	6966792	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	WARREN VILLAGE EXISTS SO THAT LOW-INCOME, SINGLE PARENT FAMILIES ACHIEVE SUSTAINABLE PERSONAL AND ECONOMIC SELF-SUFFICIENCY. SEE SCHEDULE O FOR ADDITIONAL INFORMATION ABOUT FISCAL YEAR END 6/30/2011.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	1538463	Expense
Revenue	1024470	Revenue
Description	SEE SCHEDULE O.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	930835	Expense
Revenue	1038605	Revenue
Description	THE HOUSING PROGRAM AT WARREN VILLAGE MANAGES 93 ONE, TWO AND THREE BEDROOM APARTMENTS, SUBSIDIZED BY THE HUD SECTION 8 PROGRAM. RESIDENTS MAY RESIDE AT WARREN VILLAGE FOR UP TO 2 YEARS, PROVIDED THEY MEET PROGRAM REQUIREMENTS. FAMILIES ENJOY SECURE ACCOMMODATIONS, WELL-MAINTAINED BY HOUSING AND MAINTENANCE PROFESSIONALS. WARREN VILLAGE CONTINUALLY UPGRADES SYSTEMS THAT SUPPORT FIRE AND LIFE SAFETY, AND MAINTAINS CURRENT CAPITAL ASSESSMENTS TO ENSURE PROPER CARE OF THE BUILDING AND OCCUPANTS. IN FY 2012, APPROXIMATELY 156 ADULTS AND 264 CHILDREN, WHO WOULD OTHERWISE HAVE BEEN HOMELESS, RESIDED AT WARREN VILLAGE. WE PROVIDE ADDITIONAL HOUSING AND SUPPORT SERVICES TO A 13 UNIT FACILITY IN NORTH DENVER, CALLED FIRST STEP.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	378429	Expense
Description	THE FAMILY SERVICES PROGRAM PROVIDES COMPREHENSIVE CASE MANAGEMENT, VOCATIONAL ASSESSMENT AND MORE THAN 250 EVENING LIFE-SKILLS CLASSES FOR RESIDENTS ANNUALLY. FAMILY SERVICES HELPS RESIDENTS SET GOALS AND MONITORS PROGRESS TOWARD SELF-SUFFICIENCY WITH A 20 ATTRIBUTE OUTCOME MATRIX TO ENSURE FAMILIES BUILD A STRONG FOUNDATION FOR SUCCESS. OF THE 60 RESIDENTS EXITING THE PROGRAM IN FISCAL YEAR 2012, 83% SUCCESSFULLY COMPLETED THE WARREN VILLAGE PROGRAM. ALSO, 82% MOVED TO PERMANENT HOUSING AT EXIT, 67% HAD POSITIVE CHANGE IN INCOME, AND 85% REPORTED A POSITIVE CHANGE IN PERSONAL COMPETENCIES. DONATIONS TO THIS PROGRAM ARE ELIGIBLE FOR IMMEDIATE 25% ENTERPRISE ZONE TAX CREDIT THROUGH THE STATE OF COLORADO.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	434668	Expense
Description	VOLUNTEER PROGRAM - THE VOLUNTEER DEPARTMENT PROVIDES TRAINING AND MANAGEMENT FOR THE VOLUNTEERS WHO SERVE IN ALL PROGRAM AREAS. IN FISCAL YEAR 2012, 1,628 INDIVIDUALS WORKED FOR 30,628 HOURS FOR WARREN VILLAGE PROGRAMS. AMONG THESE PROGRAMS WERE EVENING CLASS FACILITATION, MEDICAL CLINICS, THE FOSTER GRANDPARENTS PROGRAM IN THE LEARNING CENTER, FAMILY SERVICES INTERNSHIPS, EVENING CHILD CARE AND SPECIAL EVENTS AND SCHEDULED WORK PROJECTS. VOLUNTEERS INCLUDED MEMBERS OF THE BOARD OF TRUSTEES AND THE FRIENDS OF WARREN VILLAGE, AS WELL AS NUMEROUS CORPORATE GROUPS AND INDIVIDUALS.EXPENSES = $109,957 WARREN VILLAGE WITHOUT WALLS - WARREN VILLAGE WITHOUT WALLS (WVWW) IS A PROGRAM THROUGH WHICH WARREN VILLAGE SHARES THE TENETS OF ITS TRANSFORMATIONAL HOUSING MODEL, WORKS TO INCREASE PUBLIC AWARENESS OF THE ISSUES AROUND HOMELESSNESS AND SELF- SUFFICIENCY, AND ADVOCATES FOR PROGRAMS AND SERVICES OF BENEFIT TO WARREN VILLAGE CLIENTS. WE SHARED OUR PROGRAM MODEL, THROUGH INTENSIVE TRAINING SESSIONS, FOR TWO NONPROFITS FROM OTHER STATES AND FOR ONE FROM ANOTHER CITY IN THE LAST YEAR. FURTHER, WE PARTICIPATED IN SEVERAL COLLECTIVE ADVOCACY EFFORTS, PLAYED A STRONG ROLE IN EDUCATING THE LEGISLATIVE POVERTY REDUCTION TASK FORCE ABOUT THE TRUE RAMIFICATIONS OF LEGISLATION AND REGULATIONS RELATED TO SUBSIDY PROGRAMS, AND GAINED ACCESS TO STRATEGIC PLANNING FOR DENVER'S ROAD HOME WITH THE APPOINTMENT OF THE CEO TO THE HOMELESS COMMISSION. EXPENSES = $79,060 FIRST STEP - FIRST STEP IS A SHORT-TERM TRANSITIONAL HOUSING PROGRAM PROVIDING A SAFE ENVIRONMENT AND ASSISTANCE IN ACHIEVING SELF-SUFFICIENCY AND STABLE HOUSING. THE PROGRAM HOUSES UP TO 6 INDIVIDUAL WOMEN AND 7 WOMEN WITH CHILDREN AT A TIME. IN FISCAL YEAR 2012, FIRST STEP SERVED 29 WOMEN AND 29 CHILDREN. THE PROGRAM IS SUPPORTED FINANCIALLY BY DENVER'S ROAD HOME PROGRAM.EXPENSES = $175,1591601 COLORADO- WARREN VILLAGE FACILITATES A SUPPORTIVE HOUSING PROGRAM FOR PAST RESIDENTS TO THE VILLAGE, AND OTHER LOW INCOME FAMILIES AT 1601 COLORADO. THE PROGRAM PROVIDES ONGOING SUPPORT TO HELP RESIDENTS IN THE APARTMENT COMPLEX CONTINUE THEIR EFFORTS TO FIND MEANINGFUL TRAINING, WORK AND LIFE SUPPORT- WITH AN END GOAL OF BECOMING SELF-SUFFICIENT. THE PROGRAM IS WHOLLY FUNDED BY DENVER'S ROAD HOME.EXPENSES = $70,492	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	434668	TotalOfOtherProgramServiceExp
Total Program Service Expense	3282395	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	4	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	107	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	24	NbrVotingGoverningBodyMembers
Number Independent Voting Members	24	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	KAREN CHIPLEY	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3033212345	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1323 GILPIN STREET	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	80218	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (26 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
TAMMY ABRAMOVITZ
CHAIR	1.00	X	X	0	0	0
LARRY BAUMGARTNER
TRUSTEE	1.00	X		0	0	0
JEANNIE BENNINGTON
TRUSTEE	1.00	X		0	0	0
AMY BENSON
TRUSTEE	1.00	X		0	0	0
VORADEL CAREY
TRUSTEE	1.00	X		0	0	0
GUY CORNELIUS
TRUSTEE	1.00	X		0	0	0
MICHAEL DUNAGAN
TRUSTEE	1.00	X		0	0	0
BETH FISCHER
TRUSTEE	1.00	X		0	0	0
MARY FISHER
TRUSTEE	1.00	X		0	0	0
CHUCK JANSCH
TRUSTEE	1.00	X		0	0	0
MARTHA JOHNSON
TRUSTEE	1.00	X		0	0	0
JIM KEELEY
TRUSTEE	1.00	X		0	0	0
ANGIE MACPHEE
TRUSTEE	1.00	X		0	0	0
KATHERINE MACWILLIAMS
TREASURER	1.00	X	X	0	0	0
DENISE MCCLARD
TRUSTEE	1.00	X		0	0	0
MARY NOONAN
TRUSTEE	1.00	X		0	0	0
ILA JEAN NYE
TRUSTEE	1.00	X		0	0	0
BRIAN SANDY
TRUSTEE	1.00	X		0	0	0
JEAN SAUL
SECRETARY	1.00	X	X	0	0	0
MAIYSHA SMITH
TRUSTEE	1.00	X		0	0	0
TIM STREEB
CHAIR-ELECT	1.00	X	X	0	0	0
CAROLINE TURNER
TRUSTEE	1.00	X		0	0	0
MARK WADDELL
TRUSTEE	1.00	X		0	0	0
SUSAN WALTERMIRE
TRUSTEE	1.00	X		0	0	0
SHARON KNIGHT
PRESIDENT/CEO	40.00		X	115757	0	3907
KAREN CHIPLEY
CFO	40.00		X	23136	0	696

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	138893	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	4603	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Fundraising Events	128453	FundraisingEvents
Government Grants	367122	GovernmentGrants
All Other Contributions	1703857	AllOtherContributions
Noncash Contributions	108291	NoncashContributions
Total Contributions	2199432	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
HOUSING	531110	1038605	1038605
LEARNING CENTER	611600	1024470	1024470

Field	Value	IRS element (for citing)
Total Program Service Revenue	2063075	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	36556	TotalRevenueColumn
Exclusion	$36,556	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	29227	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	128453	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	67226	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-37999	TotalRevenueColumn
Exclusion	-$37,999	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Business Code	900099	BusinessCode
Total Revenue Column	16727	TotalRevenueColumn
Related Or Exempt Function Income	16727	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	16727	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4277791	TotalRevenueColumn
Related Or Exempt Function Income	2079802	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	-$1,443	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	26193	Total
Program Services	26193	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	143496	Total
Program Services	71200	ProgramServices
Management And General	48363	ManagementAndGeneral
Fundraising	23933	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1909158	Total
Program Services	1632724	ProgramServices
Management And General	152884	ManagementAndGeneral
Fundraising	123550	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	213592	Total
Program Services	190952	ProgramServices
Management And General	14082	ManagementAndGeneral
Fundraising	8558	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	198192	Total
Program Services	166813	ProgramServices
Management And General	17104	ManagementAndGeneral
Fundraising	14275	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	35210	Total
Program Services	35210	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	2648	Total
Program Services	2193	ProgramServices
Management And General	455	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	33210	Total
Management And General	33210	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	48565	Total
Program Services	24342	ProgramServices
Management And General	12613	ManagementAndGeneral
Fundraising	11610	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	37416	Total
Program Services	4738	ProgramServices
Management And General	12910	ManagementAndGeneral
Fundraising	19768	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	48095	Total
Program Services	33924	ProgramServices
Management And General	10308	ManagementAndGeneral
Fundraising	3863	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	51834	Total
Program Services	31568	ProgramServices
Management And General	12551	ManagementAndGeneral
Fundraising	7715	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	207527	Total
Program Services	194410	ProgramServices
Management And General	12465	ManagementAndGeneral
Fundraising	652	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	5201	Total
Program Services	5055	ProgramServices
Management And General	54	ManagementAndGeneral
Fundraising	92	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	23001	Total
Program Services	21952	ProgramServices
Management And General	1049	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	244128	Total
Program Services	215939	ProgramServices
Management And General	27779	ManagementAndGeneral
Fundraising	410	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	16690	Total
Program Services	11097	ProgramServices
Management And General	5526	ManagementAndGeneral
Fundraising	67	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
MAINTENANCE	246397	234747	11650
PROGRAM SUPPLIES	238804	238804
SECURITY EXPENSES	87073	86928		145
MISCELLANEOUS	61888	53606	6138	2144

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3878318	Total
Program Services	3282395	ProgramServices
Management And General	379141	ManagementAndGeneral
Fundraising	216782	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	600733	BOY
EOY	1041742	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	545760	BOY
EOY	85197	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	79574	BOY
EOY	44527	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	65906	BOY
EOY	57174	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	7470477	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2784950	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4914028	BOY
EOY	4685527	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1394107	BOY
EOY	1420729	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	309237	BOY
EOY	747406	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	7909345	BOY
EOY	8082302	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	295844	BOY
EOY	382263	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	140000	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	795083	BOY
EOY	689901	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	91784	BOY
EOY	43346	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1322711	BOY
EOY	1115510	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6405850	BOY
EOY	6751023	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	72245	BOY
EOY	75526	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	108539	BOY
EOY	140243	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6586634	BOY
EOY	6966792	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7909345	BOY
EOY	8082302	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	399473	ReconcilationRevenueExpenses
Reconcilation Other Changes	-19315	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2276864	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2360956	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2099113	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7353449	CurrentTaxYearMinus1Year
Current Tax Year	2199432	CurrentTaxYear
Total	16289814	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2276864	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2360956	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2099113	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7353449	CurrentTaxYearMinus1Year
Current Tax Year	2199432	CurrentTaxYear
Total	16289814	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	254640	AmountsSubstContributorsTotal
Public Support Total170	16035174	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	46917	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	37750	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	31095	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	38610	CurrentTaxYearMinus1Year
Current Tax Year	36556	CurrentTaxYear
Total	190928	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	15728	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	27945	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	21963	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	8399	CurrentTaxYearMinus1Year
Current Tax Year	16727	CurrentTaxYear
Total	90762	Total

Field	Value	IRS element (for citing)
Total Support	16571504	TotalSupport
Gross Receipts From Admissions Etc	9226491	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.96760	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.96890	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	108539	BeginningOfYearBalance
Contributions	25000	Contributions
Investment Earnings Or Losses	6704	InvestmentEarningsOrLosses
End Of Year Balance	140243	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Contributions	100695	Contributions
Investment Earnings Or Losses	7844	InvestmentEarningsOrLosses
End Of Year Balance	108539	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	146445	OtherCostOrOtherBasis
Book Value	146445	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6598375	OtherCostOrOtherBasis
Depreciation	2264514	Depreciation
Book Value	4333861	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	696967	OtherCostOrOtherBasis
Depreciation	498353	Depreciation
Book Value	198614	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	28690	OtherCostOrOtherBasis
Depreciation	22083	Depreciation
Book Value	6607	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4685527	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
ESCROW DEPOSITS	235029
TENANT SECURITY DEPOSITS	10819
RESTRICTED CASH	501558

Field	Value	IRS element (for citing)
Total Book Value Other Assets	747406	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	ACCRUED INTEREST	Description
Amount	$43,346	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	43346	TotalOfAmounts
Total Revenue	4277791	TotalRevenue
Total Expenses	3878318	TotalExpenses
Excess Or Deficit For Year	399473	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-19315	NetUnrealizedGLOnInvestments
Total Adjustments	-19315	TotalAdjustments
Excess Or Deficit Per FS	380158	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4379434	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-19315	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	120958	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	101643	RevenueNotRptdF990
Revenue Subtotal	4277791	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	4277791	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3999276	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	120958	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	120958	ExpensesNotRptdF990
Expenses Subtotal	3878318	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	3878318	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	ENDOWMENTS CONSIST OF THE PATRICIA A. YOUNG WARREN VILLAGE LEARNING CENTER ENDOWMENT FUND AND THE WARREN VILLAGE HOPE ENDOWMENT FUND. THE ENDOWMENTS CAN BE USED FOR THE CORPORATION'S LEARNING CENTER OPERATIONS AND PROGRAM AND THE CORPORATION'S PROGRAMS THAT FURTHER CHILDREN'S EDUCATION AND ENRICHMENT ACTIVITIES.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE CORPORATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JUNE 30, 2012. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS WOULD BE RECORDED IN THE PERIOD ASSESSED AS MISCELLANEOUS ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JUNE 30, 2012. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION INCLUDE 2009 THROUGH 2012.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	ALL-STAR B-FAST	NameOfEvent1
Gross Receipts Event1	157680	GrossReceiptsEvent1
Charitable Contributions Event1	128453	CharitableContributionsEvent1
Gross Revenue Event1	29227	GrossRevenueEvent1
Other Direct Expenses Event1	67226	OtherDirectExpensesEvent1
Gross Receipts Total	157680	GrossReceiptsTotal
Charitable Contributions Total	128453	CharitableContributionsTotal
Gross Revenue Total Events	29227	GrossRevenueTotalEvents
Other Direct Expenses Total Events	67226	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	67226	DirectExpenseSummaryEvents
Net Income Summary	-37999	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	TUITION ASSISTANCE	TypeOfGrant
Number Of Recipients	12	NumberOfRecipients
Amount Of Cash Grant	26193	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: MOST OF THE SCHOLARSHIP GRANTS COME FROM THE FRIENDS OF WARREN VILLAGE. THEY HAVE AN APPLICATION FORM WHICH A COMMITTEE REVIEWS AND THEN AWARDS A NUMBER OF SCHOLARSHIPS. CHECKS ARE WRITTEN DIRECTLY TO VARIOUS EDUCATIONAL INSTITUTIONS.	Explanation

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	9086	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	HOLIDAY TOYS	7114	71140	COST
X	LIGHTING	822	10796	FMV
X	FOOD, GIFTS	77	17268	FMV

Field	Value	IRS element (for citing)
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PROGRAM SERVICE STATEMENT	FORM 990, PART III, LINE 4A	THE LEARNING CENTER AT WARREN VILLAGE OFFERS AN EARLY CHILDHOOD EDUCATION AND CHILD CARE PROGRAM FOR CHILDREN AGES 6 WEEKS UNTIL AGE 11. THE CHILDREN ARE PROVIDED WITH A HIGH QUALITY CARE, DEVELOPMENTALLY APPROPRIATE PROGRAMS AND TWO NUTRITIOUS MEALS AND A SNACK PER DAY. IN FISCAL YEAR 2012, THE LEARNING CENTER SERVED THE NEEDS OF 185 CHILDREN. TEACHERS DEVELOP STRONG RELATIONSHIPS WITH PARENTS AND THE NEIGHBORHOOD SCHOOL TO FACILITATE PROGRESS. AS RESULT OF A PARTNERSHIP WITH MHCD, THE CENTER HAS A FULL-TIME MENTAL HEALTH PROFESSIONAL TO AID CHILDREN AND TEACHERS WITH COPING SKILLS AND STRATEGIES TO RESPOND TO SOCIAL/EMOTIONAL NEEDS - AND ALSO OFFER ASSISTANCE TO PARENTS. THEY REFER CHILDREN AND PARENTS ON FOR ADDITIONAL SERVICES OR RESOURCES AS NEEDED. THE STAFF OF THE LEARNING CENTER CONTINUES TO UPDATE AND RECEIVES PROFESSIONAL CREDENTIALS FROM THE COLORADO OFFICE FOR PROFESSIONAL DEVELOPMENT. WARREN VILLAGE LEARNING CENTER HAS BEEN RATED AS A 4 STAR CENTER BY QUALISTAR EARLY LEARNING AND HOLDS NATIONAL ACCREDITATION FROM THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN. DONATIONS TO THIS PROGRAM ARE ELIGIBLE FOR DEFERRED 50% CHILD CARE TAX CREDITS THROUGH THE STATE OF COLORADO.
	FORM 990, PART VI, SECTION A, LINE 1	THE BOARD SHALL HAVE A STANDING EXECUTIVE COMMITTEE COMPOSED OF NO FEWER THAN SIX AND NO MORE THAN 10 TRUSTEES, AS DETERMINED FROM TIME TO TIME BY THE BOARD, INCLUDING THE CHAIR, THE CHAIR-ELECT OR VICE CHAIR, SECRETARY AND TREASURER. THE EXECUTIVE COMMITTEE SHALL MEET FROM TIME TO TIME AT THE REQUEST OF THE CHAIR, WHO MAY ESTABLISH A REGULAR MEETING DATE FOR SUCH EXECUTIVE COMMITTEE. NO NOTICE OF ANY SUCH REGULAR MEETING DATE SHALL BE REQUIRED AFTER ANNOUNCEMENT OF SUCH DATE BY THE CHAIR. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT AS THE OFFICIAL REPRESENTATIVE OF THE BOARD TO ACT ON THE BUSINESS OF THE BOARD AS NEEDED TO CARRY OUT THE POLICIES OF THE BOARD, EXCEPT AS OTHERWISE REQUIRED BY THE ARTICLES OF INCORPORATION, THE BYLAWS OR APPLICABLE LAW. THE BOARD SHALL ALWAYS HAVE THE POWER TO REVIEW AND RESCIND ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE.
	FORM 990, PART VI, SECTION B, LINE 11	TO PRESERVE THE PRIVACY OF DONORS, WARREN VILLAGE HAS REDACTED CERTAIN IDENTIFYING INFORMATION FROM THE SCHEDULE B LIST OF CONTRIBUTORS WITH THE IRS FORM 990. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE REDACTED VERSION OF THE FORM 990 PRIOR TO ITS DISTRIBUTION TO THE FULL BOARD. THE BOARD OF TRUSTEES RECEIVES A HIGH LEVEL REVIEW OF THE REDACTED VERSION OF THE FORM 990 AT ITS MEETING PRIOR TO THE FILING OF THE RETURN. A COMPLETE RETURN INCLUDING THE REQUIRED INFORMATION ON SCHEDULE B IS FILED WITH THE IRS.
	FORM 990, PART VI, SECTION B, LINE 12C	BOARD MEMBERS SIGN AN AFFIRMATION OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON ELECTION TO THE BOARD AND AFFIRM THAT COMPLIANCE ANNUALLY. A STANDING BOARD AGENDA ITEM INQUIRES IF ANY CHANGES IN MEMBER INTERESTS COULD RESULT IN NON-COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
	FORM 990, PART VI, SECTION B, LINE 15	PRESIDENT & CEO -- THE EXECUTIVE COMMITTEE OF THE BOARD SERVES AS THE COMPENSATION COMMITTEE FOR THIS POSITION. THE COMMITTEE PREPARES A WRITTEN JOB PERFORMANCE EVALUATION FOR THE PRESIDENT/CEO. COMPENSATION IS DETERMINED BY REFERENCE TO JOB PERFORMANCE AND COMPARABILITY DATA, INCLUDING, BUT NOT LIMITED TO, LOCAL SALARY SURVEYS AND IRS FORM 990'S FOR SIMILAR ORGANIZATIONS. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2010. OTHER OFFICERS -- THE PRESIDENT/CEO DETERMINES THE COMPENSATION FOR SENIOR MANAGEMENT POSITIONS USING COMPARABILITY DATA FROM OTHER ORGANIZATIONS AND OUTSIDE SOURCES. THE BOARD OF TRUSTEES REVIEWED THE SALARY RANGES FOR ALL EMPLOYEES AND PARTICIPATED ON SELECTION COMMITTEES FOR SENIOR MANAGEMENT POSITIONS, OF WHICH TWO WERE INITIATED IN FISCAL YEAR 12. UPON APPROVAL, THE DECISION IS DOCUMENTED IN THE PERSONNEL FILE FOR THE EMPLOYEE. WHILE HISTORICALLY THE ORGANIZATION MADE ANNUAL COST OF LIVING INCREASES FOR STAFF, THIS HAS NOT OCCURRED FOR THREE YEARS.
	FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. CURRENT AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE.
CHANGES IN NET ASSETS OR FUND BALANCES:	FORM 990, PART XI, LINE 5:	NET UNREALIZED LOSSES ON INVESTMENTS: -19,315.
ADDITIONAL INFORMATION ABOUT FISCAL YEAR END 6/30/2011	PART III, LINE 1	FISCAL YEAR 2011 WAS AN UNUSUAL BUDGET YEAR DUE TO AN INSURGENCE OF FUNDING FOR A SPECIAL RENOVATION PROJECT. IN SEPTEMBER 2010, AN AGREEMENT WAS SIGNED WITH THE COLORADO HOUSING AND FINANCE AUTHORITY ("CHFA") TO EXCHANGE LOW- INCOME HOUSING TAX CREDITS AWARDED IN APRIL 2008 FOR A FEDERAL GRANT UNDER THE TAX CREDIT EXCHANGE PROGRAM ("TCEP"). THE AMOUNT OF THE TCEP GRANT WAS $5,401,172 AND WAS USED FOR MAJOR REHABILITATION WORK ON THE ORGANIZATION'S CURRENT LOW- INCOME HOUSING FACILITY, WHICH INCLUDED AIR CONDITIONING AND NEW ENERGY-EFFICIENT WINDOWS.