2024-11-15T14:50:44-06:00 2023-12-31 351515068 MONROE SHINE & CO INC CPA'S PO BOX 22039 LOUISVILLE KY 402529804 990 2023-01-01 611229107 RIVER CITY HOUSING INC RIVE 5025876763 PO BOX 3346 LOUISVILLE KY 402013346 REBECCA ROEHRIG PRESIDENT 5025876763 2024-11-15 1 1 JEREMY M FINN CPA P00814819 5024230311 2023 2024-10-15 13:58:12Z REBECCA ROEHRIG PO BOX 3346 LOUISVILLE KY 402013346 2551622 0 X WWW.RIVERCITYHOUSING.ORG X 1992 KY RIVER CITY HOUSING IMPROVES THE QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND STRENGTHENS NEIGHBORHOODS BY DEVELOPING HIGH-QUALITY AFFORDABLE HOMES 15 15 5 0 0 0 250427 761125 34236 1687556 0 0 -1157 88057 283506 2536738 0 0 0 0 252873 336046 0 0 16216 210043 1931236 462916 2267282 -179410 269456 1978741 2361969 1397190 1177144 581551 1184825 X RIVER CITY HOUSING IMPROVES THE QUALITY OF LIFE FOR LOW AND MODERATE-INCOME FAMILIES AND STRENGTHENS NEIGHBORHOODS BY DEVELOPING HIGH-QUALITY AFFORDABLE HOMES 0 0 2131456 1774737 RIVER CITY HOUSING WORKS TO INCREASE HOMEOWNERSHIP FOR LOW TO MODERATE-INCOME FAMILIES, WHILE FOCUSING OUR OUTREACH EFFORTS ON FAMILIES WHO WERE REFUSED THIS OPPORTUNITY FOR GENERATIONS DUE TO POLICIES AND PRACTICES IN THE HOUSING AND LENDING INDUSTRIES THAT WERE BASED ON RACE. BEGINNING WITH DEVELOPING SINGLE FAMILY HOMES FOR HOMEOWNERSHIP, RIVER CITY HOUSING AIMS TO BRIDGE THE RACIAL WEALTH GAP AND TO ADDRESS OTHER RACIAL INEQUITIES. RIVER CITY HOUSING ALWAYS HAS AND WILL CONTINUE TO DEVELOP HIGH-QUALITY, ENERGY-EFFICIENT HOMES TO SELL TO LOW- AND MODERATE-INCOME, FIRST-TIME HOMEBUYERS. RIVER CITY HOUSING PROVIDES OUR BUYERS WITH PROGRAMS TO HELP WITH AFFORDABILITY AT THE TIME OF PURCHASE SUCH AS OUR RIVER CITY HOUSING DOWN PAYMENT ASSISTANCE PROGRAM AND PRIORITIZES PROVIDING HIGHLY-EFFICIENT HOMES WITH LOW MONTHLY ENERGY COSTS AND LONG-TERM AFFORDABILITY THROUGH LOW MAINTENANCE AND REPAIR COSTS. RIVER CITY HOUSING ALSO HAS A HOME REPAIR PROGRAM FOR HOMEOWNERS FOCUSING IN THE CHICKASAW NEIGHBORHOOD.RIVER CITY HOUSING OWNS A 12-UNIT, ONE-BEDROOM APARTMENT COMMUNITY FOR INCOME-QUALIFIED RESIDENTS 55 AND OLDER. THIS AFFORDABLE HOUSING UNIT PROVIDES OUR RESIDENTS WITH NOT ONLY A SECURE HOME, BUT MANY SUPPORT SERVICES SUCH AS FREE ACCESS TO A SENIOR CENTER, MEALS, MONTHLY NURSE AND FINANCIAL ADVISOR VISITS, TRANSPORTATION SERVICES, FINANCIAL ASSISTANCE FOR UTILITIES AND PRESCRIPTIONS, AND CASE MANAGEMENT SERVICES. 2131456 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 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 1 0 0 0 1 18 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X REBECCA ROEHRIG 5025876763 PO BOX 3346 LOUISVILLE KY 40201 THELA ABELL BOARD MEMBER 1.00 X 0 0 0 PATRICK CURRY BOARD MEMBER 1.00 X 0 0 0 GABE FITZ BOARD MEMBER 1.00 X 0 0 0 MELINDA GOLDE BOARD MEMBER 2.00 X 0 0 0 DIANE HAWKINS BOARD MEMBER 1.00 X 0 0 0 DEVAN KING BOARD MEMBER 2.00 X 0 0 0 JONATHAN LOWE VICE-CHAIR 2.00 X X 0 0 0 BRETT MARSHALL SECRETARY 2.00 X X 0 0 0 TIFFANY MCBROOM BOARD MEMBER 1.00 X 0 0 0 MARK SCRIVENER CHAIR 4.00 X X 0 0 0 SHANNON SILVER PROJECT CHAIR 1.00 X X 0 0 0 RAYMOND SMITH TREASURER 2.00 X X 0 0 0 TRENEICE WALTON BOARD MEMBER 2.00 X 0 0 0 PANCY WELLS BOARD MEMBER 1.00 X 0 0 0 REBECCA ROEHRIG PRESIDENT 40.00 X 111097 0 0 111097 0 0 1 0 0 0 0 761125 761125 PROPERTY SALES 531390 1073900 1073900 DEVELOPMENT FEES 531390 405086 405086 ADMIN AND CONSTRUCTION 531310 208570 208570 1687556 15760 14884 876 876 876 PARTNERSHIP GROSS INCO 900099 87181 87181 87181 2536738 1774737 0 876 111097 80878 20219 10000 144116 101998 42118 9580 7664 1916 46617 33980 10890 1747 24636 19096 4774 766 2501 2501 21500 21500 8709 8709 3703 3703 12079 9663 2416 12155 9671 2484 6693 5407 1286 1293 1293 37420 29936 7484 PROPERTY PURCHASE AND D 1821163 1821163 TELEPHONE 2748 2198 550 DUES AND TRAINING 893 714 179 MISCELLANEOUS 379 379 2267282 2131456 119610 16216 319208 192488 172585 349445 55300 87800 14159 124095 56018 73688 68077 469513 1357960 1180487 1978741 2361969 98808 135099 56225 90036 742157 702009 500000 250000 1397190 1177144 X 188262 828656 393289 356169 581551 1184825 1978741 2361969 X 269456 370939 -37121 X X 0 1 X 1 0 X 99895 506632 406015 161603 760512 1934657 99895 506632 406015 161603 760512 1934657 50990 1883667 12002 12936 15095 18638 15760 74431 5236 5092 264990 78279 87794 441391 2450479 0.76870 0.70960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 117595 49518 68077 6500 6500 0 68077 469513 C 469513 CONSTRUCTION/REHAB IN PROGRESS 1180487 1180487 LINE OF CREDIT 250000 250000 X PART X, LINE 2: THE ORGANIZATION IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. UNDER THAT GUIDANCE, TAX POSITIONS NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD IF EXAMINED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE PRESIDENT / CEO AND TO THE ACCOUNTANT FOR REVIEW, THEN SENT TO THE FINANCE COMMITTEE BEFORE BEING PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO RE-AFFIRM ANNUALLY TO THE ORGANIZATION THAT THEY HAVE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL REVIEWED BY PERSONNEL COMMITTEE OF THE BOARD. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS REVIEWED BY PERSONNEL COMMITTEE OF THE BOARD. FORM 990, PART XI, LINE 9: AUDIT ADJUSTMENTS -37,121. FORM 990, PART XII, LINE 2C: NO CHANGES FROM THE PRIOR YEAR FRANKLIN SCHOOL PARTNERS LTD PO BOX 3346 LOUISVILLE KY 40201 383665327 RENTAL APT KY N/A EXCLUDED -88107 469513 0 1 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 FRANKLIN SCHOOL PARTNERS Q 68602 STAFF TIME AND EXPENSES FRANKLIN SCHOOL PARTNERS Q 8768 INSURANCE