2024-08-26T10:50:45-05:00 2023-12-31 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2023-01-01 860711505 ARIZONA RETIREMENT HOME OF SCOTTSDALE II C/O BILTMORE PROPERTIES ARIZ 6029970013 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 MARK LISTON PRESIDENT 6029970013 2024-08-21 1 1 BRENDA ANN BLUNT P00075126 4803151040 2024-08-21 2023 2024-08-08 14:25:15Z MARK LISTON 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 481513 0 X NONE X 1992 AZ TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. 8 8 0 8 0 0 0 0 401235 477307 -2519 4206 0 0 398716 481513 0 0 0 0 55195 45545 0 0 0 274657 181065 329852 226610 68864 254903 1480364 1737705 68909 71347 1411455 1666358 TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. 0 0 164037 477307 THIS ORGANIZATION PROVIDED HOUSING TO ELDERLY PERSONS THROUGH THE OPERATION OF A 47-UNIT HUD 202 PRAC MULTIFAMILY HOUSING COMMUNITY IN SCOTTSDALE, ARIZONA. THIS ORGANIZATION PROVIDED DECENT, SAFE, AND AFFORDABLE HOUSING TO 51 RESIDENTS: 82% BETWEEN THE AGES 62-81 AND 18% BETWEEN THE AGES 82 AND OLDER. RESIDENTS UTILIZED SOCIAL SERVICES PROVIDED BY THE NEARBY GRANITE REEF SENIOR CENTER OPERATED BY THE CITY OF SCOTTSDALE. 164037 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 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 0 1 0 0 0 1 X 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 X NANCY BILLS - BILTMORE PROPERTIES 6029970013 2330 W MISSION LANE SUITE 10 PHOENIX AZ 85021 X MARK LISTON PRESIDENT 0.30 0.30 X X 0 0 0 RUTH LISTON SECRETARY 0.30 0.30 X X 0 0 0 MARV FABER VICE PRESIDENT 0.30 0.30 X X 0 0 0 CHARLOTTE BAKKER DIRECTOR 0.30 0.30 X 0 0 0 RICHARD BRUMMETT DIRECTOR 0.30 0.30 X 0 0 0 PATRICK SMITH DIRECTOR 0.30 0.30 X 0 0 0 LUCAS BRUXVOORT DIRECTOR 0.30 0.30 X 0 0 0 DEAN KREDIT DIRECTOR 0.30 0.30 X 0 0 0 0 0 0 0 0 0 0 0 NET RENTAL INCOME 623990 473812 473812 LAUNDRY 812300 2545 2545 DAMAGES/CLEANING FEES 623990 890 890 LATE CHARGES 623990 60 60 477307 4206 4206 481513 477307 0 4206 X 38102 34292 3810 3396 3056 340 4047 3642 405 26508 26508 282 282 19004 19004 25387 25387 8606 8606 2036 2036 30938 30938 219 219 875 875 15043 15043 REPAIRS AND MAINTENANCE 42268 42268 TAXES, LICENSES AND FEE 9411 9411 BAD DEBTS 488 488 226610 164037 62573 0 6969 14785 20414 3039 3404 3840 2684010 1549517 1134493 1134493 315084 581548 1480364 1737705 18446 21413 924 257 14937 15075 34602 34602 68909 71347 X 1411455 1666358 1411455 1666358 1480364 1737705 254903 0 X 0 1 X 0 1 1 X 378848 394603 392119 401235 477307 2044112 378848 394603 392119 401235 477307 2044112 0 136808 154747 140719 140317 250262 822853 136808 154747 140719 140317 250262 822853 1221259 67 28 34 41 4206 4376 67 28 34 41 4206 4376 378915 394631 392153 401276 481513 2048488 0.59620 0.63360 0.00210 0.00010 X 0 1 X 116854 116854 2510919 1498888 1012031 56237 50629 5608 1134493 ESCROW DEPOSITS 106667 REPLACEMENT RESERVE 455081 TENANT DEPOSITS HELD IN TRUST 19800 581548 ADVANCES BY SPONSOR 34602 34602 X 491929 10416 10416 481513 0 481513 237026 10416 10416 226610 0 226610 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT DEPOSITS IN TRUST. THE AMOUNTS HELD FOR RESIDENTS ARE REPORTED ON FORM 990, PART X, LINES 15 AND 21. PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT 10,416. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT 10,416. FORM 990, PART V, LINE 2A: EMPLOYEES ARE EMPLOYED BY AN OUTSIDE AGENCY. NO FEDERAL OR STATE PAYROLL REPORTING IS DONE BY THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS MARK LISTON, RUTH LISTON AND PATRICK SMITH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF THE ORGANIZATION HAS AGREED THAT ALL MANAGEMENT SERVICES AND OVERSIGHT OF THE ORGANIZATION SHALL BE DONE BY BILTMORE PROPERTIES, INC. BILTMORE PROPERTIES, INC. HAS AGREED TO MANAGE ALL RENTAL OPERATIONS FOR A SPECIFIC FEE PER MONTH. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE CORPORATION IS LIMITED TO INDIVIDUALS WHO ARE EITHER (1) TRUSTEES (DIRECTORS) OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. OR (2) MEMBERS OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. AND WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES (DIRECTORS) OF ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE SOCIETY ELECT THE BOARD MEMBERS ON AN ANNUAL BASIS FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION CANNOT BE AMENDED WITHOUT PRIOR APPROVAL OF THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT AS LONG AS THE SECRETARY HOLDS A MORTGAGE ON THE ORGANIZATION'S PROPERTY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BILTMORE PROPERTIES FOR THE INITIAL REVIEW. IT WILL THEN BE PROVIDED TO THE PRESIDENT AND VICE PRESIDENT OF THE BOARD FOR FINAL REVIEW. ONCE THE FORM 990 IS FINALIZED, A COPY WILL BE PROVIDED TO THE REMAINING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. THE POLICY IS REVIEWED AT THE BOARD MEETING BY ALL BOARD MEMBERS TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT WERE TO EXIST, A BOARD MEMBER MUST REFRAIN FROM VOTING WHEN THE MATTERS ARE BEING DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15 AS THE ORGANIZATION DOES NOT HAVE A TOP MANAGEMENT OFFICIAL AND DOES NOT COMPENSATE INDIVIDUALS SERVING AS OFFICERS, THE BOARD DOES NOT HAVE A PROCESS FOR APPROVING COMPENSATION. THE BOARD DOES HAVE A PROCESS FOR ENGAGING A MANAGEMENT COMPANY TO OVERSEE THE OPERATIONS OF THE ORGANIZATION. THIS PROCESS INCLUDES EVALUATION AND APPROVAL OF A MANAGEMENT COMPANY THAT WILL MEET THE NEEDS OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE RATES TO BE PAID TO THE MANAGEMENT COMPANY AND THE TIME PERIOD OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G GROUNDS SERVICES: PROGRAM SERVICE EXPENSES 8,745. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,745. CLEANING SERVICES: PROGRAM SERVICE EXPENSES 12,280. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,280. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 4,362. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,362. ARIZONA RETIREMENT HOME OF SCOTTSDALE INC 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 860456124 LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS AZ 501(C)(3) LINE 10 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC 0 ARIZONA CHRISTIAN RETIREMENT HOME SOCIETY INC P O BOX 44755 PHOENIX AZ 85064 510181446 SENIOR CITIZENS' HOUSING AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0