2024-11-15T12:42:11-08:00 2024-06-30 830415372 Lefor & Rapp LLC 2735 12th St SE Ste 200 Salem OR 97302 990 2023-07-01 930835733 COLUMBIA HILLS RETIREMENT CENTER COLU 5033976131 36050 PITTSBURG RD SAINT HELENS OR 97051 ELLEN BAILEY TREASURER 5033976131 2024-11-14 true true Amy L Rapp CPA P01231955 5033645851 2024-11-15 2023 2024-10-15 13:58:12Z Debra Elliott 79054 Delena Mayger Road Clatskanie OR 97016 1447438 false X N/A X 1982 OR TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME ELDERLY OR HANDICAPPED HOUSEHOLDS. 11 11 0 0 0 0 7713 4191 284744 271826 151 234 2408783 1171187 2701391 1447438 0 0 0 0 0 1133586 492151 1133586 492151 1567805 955287 2288276 4578327 701075 2042197 1587201 2536130 TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME ELDERLY OR HANDICAPPED HOUSEHOLDS. false false 422599 0 1443013 Provided 33 units of decent, safe and sanitary housing to elderly or handicapped households. 422599 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false false false X 11 11 false true false false false false false true true false false false false false false false false false X H2 Management LLC 5038030572 PO Box 434 Wilsonville OR 97070 X Debra Elliott President 0.00 X X 0 0 0 Karen Russell 1st VP 0.00 X X 0 0 0 Ellen Bailey Treasurer 0.00 X X 0 0 0 Scott Page Board Member 0.00 X 0 0 0 Tim Rotter Sgt at Arms 0.00 X X 0 0 0 Carolyn Miller Board Member 0.00 X 0 0 0 Denisse Aguilera Board Member 0.00 X 0 0 0 Laurie Hallaian 2nd VP 0.00 X X 0 0 0 Kathy Tinkle Board Member 0.00 X 0 0 0 Margaret Ryan Secretary 0.00 X X 0 0 0 Rene Leland Board Member 0.00 X 0 0 0 false false false 132 4059 4191 Rents & subsidy 531110 267609 0 0 Laundry & vending 531110 47 0 0 Cable TV 531110 4170 0 0 Damages & cleaning 531110 0 0 0 271826 234 0 234 Insurance proceeds 531110 1171187 1171187 0 0 1171187 1447438 1443013 0 234 21452 0 21452 0 48100 0 48100 0 25640 25640 0 0 7572 7572 0 0 8489 8489 0 0 131711 131711 0 0 40130 40130 0 0 2493 2493 0 0 Manager & Maintenance 59352 59352 0 0 Admin Expenses 7282 7282 0 0 Operating & maintenance 91811 91811 0 0 Cable TV 15389 15389 0 0 32730 32730 0 0 492151 422599 69552 0 457649 442837 89744 611216 20077 3189 3491759 578793 289167 2912966 38441 36444 1393198 571675 2288276 4578327 20091 1382261 879 398 671348 651374 8757 8164 701075 2042197 X 1587201 2536130 1587201 2536130 2288276 4578327 X 955287 -6358 X false true X true true true X 0 0 2171 1215 7057 7713 4191 22347 348423 357417 373226 284744 271826 1635636 0 0 350594 358632 380283 292457 276017 1657983 0 162589 187718 180742 125704 150977 807730 162589 187718 180742 125704 150977 807730 850253 66 81 105 151 234 637 66 81 105 151 234 637 1658620 0.51260 0.55000 0.00040 0.00030 X 0 33000 33000 3399782 529822 2869960 57375 48495 8880 1602 476 1126 2912966 Funded Reserves 560391 Tenant Security Deposits 11284 Loan rate lock deposit 0 Work in progress 0 571675 Tenant Security Deposits 8164 8164 X 1447438 1447438 1447438 498510 498510 -6359 -6359 492151 Pt XI, Line 2d Rounding Pt XII, Line 4b Book / Tax Depreciation Difference Pt X, Line 2 Income Taxes No income tax provision has been included in the financial statements because income or loss of the organization is non-profit qualifying income and not taxed by the federal or state governments. The organization follows the provisions of Interpretation (FIN) No. 48, Accounting for Uncertainty in Income Taxes an Interpretation of FASB Statement No. 109 (ASC 740). ASC 740 prescribes a new threshold for determining when an income tax benefit can be recognized, which is a higher threshold than the one imposed for claiming deductions on income tax returns. The organizations federal and state income tax returns are subject to possible examination by the taxing authorities until the expiration of the related statutes of limitations on those tax returns. In general, the federal and state income tax returns have a three year statute of limitations. The organization would recognize accrued interest and penalties associated with uncertain tax provisions, if any, as part of the income tax provision. Pt XI Book / Tax Depreciation Difference Pt VI, Line 3 The organization contracted with H2 Management LLC for the management of their HUD project. Pt VI, Line 11b The 990 is prepared by an independent CPA and reviewed by the board members at the next available board meeting after the 990 is prepared. The 990 is always reviewed by the board treasurer, as well as another board member (such as the president) prior to filing. Pt VI, Line 19 Documents are held by the property management company and kept at the project site and are available to the public upon request.