2024-05-14T12:03:52-07:00 2023-06-30 841515914 The Accounting Department Inc 725 Seldom Seen Rd Golden CO 80403 990 2022-07-01 475051123 SHARING CONNEXION INC SHAR 3032056760 1440 BLAKE STREET DENVER CO 80202 EDWIN ANDERSON PRESIDENT 3032056760 2024-05-14 true EDWIN ANDERSON true GREGORY W DICKSON P00097142 3039976827 2024-05-14 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z EDWIN ANDERSON 1440 BLAKE STREET 320 DENVER CO 80202 1043600 false X www.sharingconnexion.org X 2015 CO TO PROVIDE AFFORDABLE HOUSING ORGANIZATIONS AND NONPROFITS WITH REAL ESTATE EXPERTISE, FUNDING, AND PRESERVATION. 12 11 2 36 0 0 121155 226795 60762 25009 62364 177634 0 244281 429438 0 0 112230 201016 0 56700 171325 274857 283555 475873 -39274 -46435 4019874 1090729 3374686 491976 645188 598753 TO PROVIDE AFFORDABLE HOUSING ORGANIZATIONS AND NONPROFITS WITH REAL ESTATE EXPERTISE, FUNDING, AND PRESERVATION. false false 266114 0 202643 SEE SCHEDULE O 266114 true true false false false false false false true false true false true false false true true false false false false false false false false false false false false false false false false true false false false false false false false false true false false false false true 0 0 2 true false false false false false false false false false false false false X 12 11 true false false false false false false true true false false true true true true true true false false false CO X X EDWIN ANDERSON 3032056760 1440 BLAKE STREET DENVER CO 80202 X EDWIN ANDERSON PRESIDENT AND TREASURER 30.00 X X 0 0 0 DAVID CHASNOW SECRETARY AND VICE PRESIDENT 20.00 X X 0 0 0 JOHN DASKAM DIRECTOR 3.00 X 0 0 0 ROB GILLIS DIRECTOR 3.00 X 0 0 0 JIM MELLOR DIRECTOR 3.00 X 0 0 0 LAUREN SCHEVETS DIRECTOR 3.00 X 0 0 0 JESSICA RAWSON DIRECTOR 3.00 X 0 0 0 JUSTIN GILMORE DIRECTOR 3.00 X 0 0 0 DAVID OGUNSANYA DIRECTOR 3.00 X 0 0 0 COURTNEY PARMELEE DIRECTOR 3.00 X 0 0 0 ALEJANDRO MONAREZ DIRECTOR 3.00 X 0 0 0 STEFANIE FOX DIRECTOR 3.00 X 0 0 0 0 0 0 false false false 226795 226795 RENTAL INCOME 531110 24877 0 0 OTHER PROGRAM REVENUE 900099 132 0 0 25009 166796 0 0 625000 614162 10838 10838 10838 0 0 0 0 0 0 0 429438 202643 0 0 25500 0 25500 0 154379 76170 39389 38820 8641 0 8641 0 12496 0 12496 0 4218 3171 1047 0 22070 0 22070 0 40312 25385 8338 6589 5618 335 4783 500 1904 0 1904 0 14196 1833 12363 0 6208 0 6208 0 1399 230 909 260 119291 119291 0 0 23073 23073 0 0 4975 3792 1183 0 PROJECT EXPENSE 13940 12736 1204 0 DUES & SUBSCRIPTIONS 3632 0 132 3500 STRATEGIC PLANNING 5345 0 5345 0 BOARD EXPENSES 967 0 967 0 7709 98 580 7031 475873 266114 153059 56700 222739 382061 73133 30521 2700000 948 7410 331093 0 493783 331093 370165 498750 4019874 1090729 10764 16295 492329 22500 129989 196099 2741604 257082 3374686 491976 X 645188 598753 645188 598753 4019874 1090729 -46435 X X false true X false false X 0 385569 139882 102478 121155 226795 975879 0 0 385569 139882 102478 121155 226795 975879 535809 440070 5000 5000 0 0 980879 531000 0.44860 0.41140 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 0 331093 331093 0 0 0 331093 BUILDING-REAL ESTATE RESCUE PROGRAM 370165 C 370165 X 429438 429438 429438 475873 475873 475873 Pt X, Line 2 THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS DETERMINED NO UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN, AND THEREFORE, NO AMOUNT HAS BEEN RECOGNIZED AS OF JUNE 30, 2023 AND 2022. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Pt IV, Line 2b SHARING CONNEXION ACTS AS A FACILITATOR OF REAL ESTATE CONTRIBUTIONS FOR OTHER NONPROFIT ORGANIZATIONS. REAL ESTATE IS CONTRIBUTED AND HELD BY SHARING CONNEXION UNTIL THE SALE OF THE REAL ESTATE HAS BEEN COMPLETED, OR THE TRANSFER OF THE REAL ESTATE TO ANOTHER NONPROFIT ORGANIZATION HAS BEEN FINALIZED. SHARING CONNEXION ALSO MAINTAINS SECURITY DEPOSITS FOR TENANTS OF THE UNITS OF THE REAL ESTATE RESCUE PROGRAM. AMDC FINANCE LLC MUTUAL OFFICER OPERATIONS X 100000 100000 false true true AMDC HOLDINGS DTF MUTUAL OFFICER OPERATIONS X 30000 55000 false true true AMDC PROP II DTF MUTUAL OFFICER OPERATIONS X 25000 25000 false true true CONNEXION ASSET GRO MUTUAL OFFICER OPERATIONS X 16099 16099 false true true 196099 CONNEXION ASSET GROUP MUTUAL OFFICER 2792 MONTHLY SERVICE CONTRACT false CONNEXION ASSET GROUP MUTUAL OFFICER 108000 REIMBURSE PAYROLL COST false PART II, LINE 1 EDWIN ANDERSON, PRESIDENT, OWNS MORE THAN 35% OF AMDC FINANCE LLC. AMDC FINANCE LLC LOANED FUNDS TO SHARING CONNEXION FOR OPERATIONAL SUPPORT. PART II, LINE 2 EDWIN ANDERSON, PRESIDENT, OWNS MORE THAN 35% OF AMDC HOLDINGS. AMDC HOLDINGS LOANED FUNDS TO SHARING CONNEXION FOR OPERATIONAL SUPPORT. PART II, LINE 3 EDWIN ANDERSON, PRESIDENT, OWNS MORE THAN 35% OF AMDC PROP II DTF. AMDC PROP II DTF LOANED FUNDS TO SHARING CONNEXION FOR OPERATIONAL SUPPORT. PART II, LINE 4 EDWIN ANDERSON, PRESIDENT, OWNS MORE THAN 35% OF CONNEXION ASSET GROUP. CONNEXION ASSET GROUP LOANED FUNDS TO SHARING CONNEXION FOR OPERATIONAL SUPPORT. PART IV, LINES 1 AND 2 EDWIN ANDERSON, PRESIDENT, OWNS MORE THATN 35% OF CONNEXION ASSET GROUP. SHARING CONNEXION HAS A MONTHLY SERVICE CONTRACT TO REIMBURSE CONNEXION ASSET GROUP FOR PAYROLL COSTS, RENT, TELEPHONE, NETWORK, ETC. Pt VI, Line 2 EDWIN ANDERSON, CEO, HAS A BUSINESS RELATIONSHIP WITH DAVE CHASNOW, SECRETARY/VICE PRESIDENT. Pt VI, Line 11b THE PRESIDENT/TREASURER AND OPERATIONS DIRECTOR PREPARE SUPPORTING DOCUMENTS AND ENGAGE AN OUTSIDE ACCOUNTING FIRM FOR THE TAX RETURN. THE BOARD OF DIRECTORS REVIEWS THE RETURN PRIOR TO FILING WITH THE IRS. Pt VI, Line 12c IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDED AT BOARD MEETINGS, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUIRES THAT EACH BOARD MEMBER AND OFFICER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. WHEN A CONFLICT IS DISCOVERED AND WAS UNDISCLOSED, THIS VIOLATION OF THE CONFLICT OF INTEREST POLICY IS ADDRESSED WITHIN THE ORGANIZATION'S GOVERNING DOCUMENTS. THE ORGANIZATION ALSO MONITORS AND ENFORCES THIS PROCESS THROUGH DILIGENT RECORD-KEEPING AND BOARD MINUTES. Pt VI, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Other PART III, LINE 4A: UNDER OUR REAL ESTATE RESCUE PROGRAM, WE HAVE ASSISTED A NONPROFIT IN PURCHASING A RESCUED PROPERTY, FOR USE AS HOUSING FOR SEX TRAFFICKING VICTIMS. WE CONTINUE TO HELP PRESERVE A DENVER COMMUNITY RESOURCE AND TRANSFORMATION CENTER NONPROFIT FACILITY FROM DISPLACEMENT. WE ACQUIRED THE FACILITY, SET UP REDUCED AND STABLE RENT, AND CREATED A PURCHASE OPTION FOR THREE YEARS, SHIELDING THE PROPERTY FROM MARKET APPRECIATION AND GIVING THE NONPROFIT TIME TO BUY THE FACILITY. UNDER OUR REAL ESTATE IMPACT PROGRAM, TWO OF OUR OUTSTANDING REAL ESTATE IMPACT LOANS WERE PAID OFF IN PRIOR YEARS, ONE LOAN WAS FOR AFFORDABLE HOUSING DEVELOPMENT, AND THE OTHER LOAN WAS FOR A NONPROFIT WAREHOUSE. WE ALSO CREATED MORE EDUCATIONAL RESOURCES ABOUT THIS PROGRAM AND MISSIONAL REAL ESTATE LENDING AND WORKED ON DEVELOPING PARTNERSHIPS WITH OTHER NONPROFITS. UNDER OUR REAL ESTATE DONATION PROGRAM, WE FACILITATED SEVERAL DIFFERENT REAL ESTATE DONATIONS FROM DIFFERENT NONPROFITS. THIS YEAR, ONE DONATED PROPERTY SALE WAS FULLY COMPLETED, GENERATING INCOME FOR THE NONPROFIT WITH A SMALL PORTION DESIGNATED FOR REAL ESTATE IMPACT AND RESCUE PROJECTS. WE ALSO CREATED MORE EDUCATIONAL RESOURCES ABOUT REAL ESTATE DONATIONS TO HELP NONPROFIT FUNDRAISERS DEVELOP THEIR ORGANIZATIONS WITH THESE GIFTS. Pt XII, Line 1 THE ORGANIZATION USES A HYBRID METHOD OF ACCOUNTING. 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