2011-11-02T15:52:17-05:00 2011-06-30 EHRHARDT KEEFE STEINER & HOTTMAN PC 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372843 990 2010-07-01 840644270 Warren Village Inc WARR 3033212345 1323 Gilpin Street Denver CO 80218 Sharon Knight 3033212345 2011-10-31 true CRAIG R CHOUN 3037409400 2010 2016-03-07 17:11:31Z Sharon Knight 1323 Gilpin Street Denver CO 80218 9372967 false X WWW.WARRENVILLAGE.ORG X 1969 CO 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. 25 25 91 1289 0 2099113 7353449 1847154 1944587 70419 38952 -11332 -27945 4005354 9309043 23100 20000 0 0 2602620 2467494 0 0 228006 1630305 2919069 4256025 5406563 -250671 3902480 3494333 7909345 1005529 1322711 2488804 6586634 X 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. false false 1635667 952405 The Learning Center at Warren Village offers an Early Childhood Education and Child Care program for children ages 6 weeks to 12 years old. The children are provided with a high quality care, developmentally appropriate programs and two nutritious meals per day. In fiscal year 2011, the Learning Center served the needs of 178 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. 2357451 992182 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 2011, approximately 153 adults and 263 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. First Step does not receive HUD funds, but is supported through Denver's Road Home. 439165 0 The family services program provides comprehensive case management, vocational assessment and more than 250 evening life-skills classes for residents annually. Of the 64 residents exiting the program in fiscal year 2011, 75% successfully completed the Warren Village program. Also, 66% moved to permanent housing at exit, 53% had positive change in income, and 80% reported a positive change in personal competencies. 406865 0 4839148 true true false false false false false false true true false false false true true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false false true 3 0 true 91 true false false false false false true true false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false X X KAREN CHIPLEY 3033212345 1323 GILPIN STREET DENVER CO 80218 Charles L Borgman 1.0 X 0 0 0 Katherine MacWilliams 1.0 X X 0 0 0 Tammy Abramovitz 1.0 X X 0 0 0 Michael Dunagan 1.0 X 0 0 0 Jim Keeley 1.0 X 0 0 0 Gerald T Mann 1.0 X 0 0 0 Patricia Peacock 1.0 X 0 0 0 Tim Streeb 1.0 X X 0 0 0 Caroline Turner 1.0 X 0 0 0 Chuck Jansch 1.0 X 0 0 0 Ila Jean Nye 1.0 X 0 0 0 Denise McClard 1.0 X 0 0 0 Martha Johnson 1.0 X 0 0 0 Guy Cornelius 1.0 X 0 0 0 Beth Fischer 1.0 X 0 0 0 Maiysha Smith 1.0 X 0 0 0 Mark Waddell 1.0 X 0 0 0 Susan Waltermire 1.0 X 0 0 0 Larry Baumgartner 1.0 X 0 0 0 Mary Fisher 1.0 X 0 0 0 Mary Noonan 1.0 X 0 0 0 Bridget O'Toole 1.0 X 0 0 0 Jean Saul 1.0 X X 0 0 0 Jeannie Bennington 1.0 X 0 0 0 Amy Benson 1.0 X 0 0 0 John Fritschel 40.0 X 95518 0 3845 Sharon Knight 40.0 X 51145 0 1776 146663 0 5621 0 false false false Palace Construction 7 South Galapagos Street DENVER CO 80223 Construction 3948218 Community Capital Corporation 811 East 17th Ave DENVER CO 80218 Consulting 175191 2 110041 5887826 1355582 176069 7353449 HOUSING 531110 992182 992182 LEARNING CENTER 611600 952405 952405 1944587 38610 38610 0 0 8346 8004 342 342 342 19576 110041 55920 -36344 -36344 0 0 MISCELLANEOUS 900099 8399 8399 8399 9309043 1952986 2608 0 20000 20000 0 0 307643 174007 83662 49974 0 1747034 1577972 81962 87100 0 230830 206098 13494 11238 181987 153530 17028 11429 28068 28068 5007 5007 58199 18700 39499 0 0 0 58914 16198 42716 0 55297 48465 4345 2487 63827 40987 13741 9099 0 308044 252313 19574 36157 5277 5224 29 24 0 7386 6549 629 208 37852 29043 8809 0 239781 225108 4652 10021 0 SECURITY EXPENSES 94091 93980 55 56 MAINTENANCE 257390 255175 1060 1155 FOOD 99794 99794 TCEP REHABILITATION PROJECT 1379215 1379215 MISCELLANEOUS 220927 208722 3147 9058 5406563 4839148 339409 228006 118967 600733 93856 545760 88244 79574 59332 65906 7454851 2540823 1698619 4914028 1067456 1394107 367859 309237 3494333 7909345 372133 295844 0 140000 593174 795083 40222 91784 1005529 1322711 X 2436235 6405850 52569 72245 0 108539 2488804 6586634 3494333 7909345 X 3902480 195350 X false true true X true true X 1896631 2276864 2360956 2099113 7353449 15987013 1896631 2276864 2360956 2099113 7353449 15987013 224237 15762776 48163 46917 37750 31095 38610 202535 5490 15728 27945 21963 8399 79525 16269073 8881853 0.96888 0.92584 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 100695 7844 108539 0 0 1.00000 false false 146445 146445 6582749 1922333 4660416 696967 604145 92822 28690 14345 14345 4914028 0 ACCRUED INTEREST 41784 LINE OF CREDIT 50000 91784 9309043 5406563 3902480 195350 195350 4097830 9612369 195350 109429 304779 9307590 1453 1453 9309043 5514539 109429 109429 5405110 1453 1453 5406563 FIN 48 Footnote Part X, Line 2 The Corporation follows a more likely than not measurement methodology to reflect the financial statement impact of uncertain tax positions taken or expected to be take 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, 2011. 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, 2011. Tax years that remain subject to examination include 2008 through 2011. Reconciliation of Revenue Part XII, Line 4b Book-Tax Difference in Special Events Expenses $ 1,453 Reconciliation of Expenses Part XIII, Line 4b Book-Tax Difference in Special Events Expenses $ 1,453 All-star B-fast 122250 105974 16276 50871 Jacket Exchange 7367 4067 3300 5049 0 129617 110041 19576 55920 55920 -36344 true Tuition Assistance 14 20000 Monitoring Grant Funds 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. X 3 100695 FMV X Holiday Shop Toys, Gifts 147 63524 Cost X Misc food, gifts, ads 126 8550 FMV X Various Spec event gifts 1 3300 Cost 0 true true false Contributed property Part I, Line 30b Received Stocks and mutual funds for permanently restricted endowment. Conflict of Interest Policy Part VI, 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. Review of Form 990 with BOD Part VI, Line 11a The Board of Directors receives a high level review of the IRS Form 990 at its meeting prior to the filing of the return. A final copy of the Form 990 is reviewed and approved by the Finance Committee prior to distribution to the full Board, before the Form 990 is filed. Disclosure of Documents to the Public Part VI, Line 19 Governing documents and the conflict of interest policy are available upon request. Current audited financial statements and the IRS Form 990 are posted on the organization's website. Determination of Compensation Part VI, 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 FY 11. 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 two years. Other Program Services Part III, Line 4d Volunteer Program - The volunteer department provides training and management for the volunteers who serve in all program areas. In fiscal year 2011, 1,289 individuals worked for 30,843 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. Volunteers included members of the Board of Trustees and the Friends of Warren Village, as well as numerous corporate groups and individuals. Expenses = $148,560 Warren Village Without Walls - The Warren Village Without Walls (WVWW) program underwent a major transition in structure and objectives during fiscal year 2011. Due to budget cuts, the position of Chief Officer for Strategic Growth and Development was eliminated. With the economic recession, we saw a dramatic decrease in the number of organizations wishing to receive training on the Warren Village Transformational Housing Model. Because of the loss of staff and the drop in demand, we suspended the Building Self Sufficiency through Transformational Housing training for fiscal year 2011. Instead, the WVWW department redirected its effort to the advocacy arena. Warren Village participated in several advocacy events including the Housing Colorado Day Under the Dome, United Way Day on the Hill, Capitol Hill United Ministries prayer breakfast at the beginning of the legislative session, Colorado Nonprofit Association's Legislative reception and more. Expenses = $81,235 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 2011, First Step served 27 women and 24 children. The program is supported financially by Denver's Road Home Program. Expenses = $177,070 Delegation of Authority Part VI, Line 1a 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. Reconciliation of Net Assets Part XI, Line 5 Unrealized gain on investments $ 195,350 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.