2025-11-10T18:13:08-05:00 2024-12-31 421104473 MHCS PC 1601 W LAKES PKWY STE 300 WEST DES MOINES IA 50266 990 2024-01-01 421296297 DAVENPORT LEND-A-HAND HOUSING CORPORATION DAVE 5633242011 401 WEST THIRD STREET DAVENPORT IA 52801 JOHN NEUBERGER PRESIDENT 5633242011 2025-11-10 true false ALEXANDRA KAFER CPA P02066016 5152883279 2025-11-10 2024 2025-03-06 01:10:19Z JOHN NEUBERGER 1082652 false X X 1987 IA PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY 8 8 0 10 0 11220 6500 978996 1049774 16740 483 33509 25895 1040465 1082652 0 0 0 0 0 985624 873951 985624 873951 54841 208701 1784069 1758997 3345500 3111727 -1561431 -1352730 DAVENPORT LEND-A-HAND HOUSING CORPORATION IS A NON-PROFIT ORGANIZATION THAT WAS FORMED TO CONSTRUCT AND OPERATE A LOW-INCOME ELDERLY HOUSING PROJECT IN DAVENPORT, IOWA. false false 774845 1049774 PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY, SERVING 100 TENANTS. 774845 true false false false false false false false false false true false false true true false 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 true true false false false true 0 0 0 false false false false false false false false false false false false X 8 8 false true false false false false false true true false false false false false false false false false X NEWBURY MANAGEMENT COMPANY 5156989717 3408 WOODLAND AVE SUITE 504 WEST DES MOINES IA 50266 X DELORES DEUTH DIRECTOR 1.00 1.00 X 0 0 0 ANTHONY HATHAWAY DIRECTOR 1.00 1.00 X 0 0 0 KURT SPURGEON DIRECTOR 1.00 1.00 X 0 0 0 ERIE JOHNSON DIRECTOR 1.00 1.00 X 0 0 0 ROMAN SCHOLTZ LEFT DECEMBER 2024 DIRECTOR 1.00 1.00 X 0 0 0 PAUL SCHMITT LEFT DECEMBER 2024 DIRECTOR 1.00 1.00 X 0 0 0 JOHN NEUBERGER PRESIDENT 2.00 2.00 X X 0 0 0 SHEILA DELUHERY VICE PRESIDE 1.00 1.00 X X 0 0 0 STEVE BERGER SECRETARY 1.00 1.00 X X 0 0 0 JACK SMIT TREASURER 1.00 1.00 X X 0 0 0 false false false SCHUMACHER ELEVATOR COMPANY 5730 NE 17TH ST 30 DES MOINES IA 50313 INSTALL ELEVATO 274821 1 4000 2500 6500 RENTAL INCOME 531110 1026968 1026968 SPECIAL CLAIMS 531110 14376 14376 LAUNDRY & VENDING 531110 8430 8430 1049774 483 483 24136 24136 24136 24136 MISCELLANEOUS INCOME 900099 1673 1673 RECOVERY OF BAD DEBTS 900099 86 86 1759 1082652 1051533 24619 58760 58760 1765 115 1650 17500 17500 38 38 29862 16533 13329 476379 476379 64451 64451 14074 14074 PAYROLL REIMBURSEMENT 144434 144434 SERVICE COORDINATOR EXP 57303 57303 RESIDENT ACTIVITIES 6500 6500 BAD DEBT EXPENSE 1518 1518 1367 1367 873951 774845 99106 0 84923 173855 3699 951 4670 4575 6574704 5495082 801548 1079622 41366 37250 847863 462744 1784069 1758997 139973 27716 12156 5320 3057451 2941573 135920 137118 3345500 3111727 X -1561431 -1352730 -1561431 -1352730 1784069 1758997 208701 X false true X false true true X 2500 10100 11220 6500 30320 924192 939137 961634 978996 1051533 4855492 924192 941637 971734 990216 1058033 4885812 2500 10100 11220 4000 27820 17696 17145 8607 43448 20196 27245 19827 4000 71268 4814544 238 181 249 16740 24619 42027 238 181 249 16740 24619 42027 28210 25652 22691 33509 25895 135957 952640 967470 994674 1040465 1108547 5063796 0.95080 0.95600 0.01000 0.01000 X PART III, LINE 12 RENT INCOME 116,884 OTHER INCOME 18,987 RECOVERY OF BAD DEBTS 86 SUPPLEMENTAL INFORMATION SCHEDULE A, PART III, LINE 2 THE ORGANIZATION HAS A SECTION 8 HOUSING ASSISTANCE PAYMENTS (HAP) CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), IN WHICH THE ORGANIZATION RECEIVES FUNDING FROM HUD TO SUBSIDIZE ITS AFFORDABLE HOUSING. IN 2017 AND PRIOR YEARS, THESE SUBSIDIES WERE ORIGINALLY REPORTED AS CONTRIBUTIONS (GOVERNMENT GRANTS) ON SCHEDULE A, PART II, LINE 1. THESE GOVERNMENT PAYMENTS ARE ACTUALLY PROGRAM SERVICE REVENUE (REPRESENT RENTAL INCOME PAID TO THE PROJECT ON BEHALF OF TENTANTS) AND, ACCORDINGLY, HAVE BEEN INCLUDED ON SCHEDULE A, PART III, LINE 2. WITH THE CHANGE IN PRESENTATION, THE ORGANIZATION DID AND CONTINUES TO PASS THE PUBLIC SUPPORT TEST. 287215 287215 5174191 4794257 379934 479994 440383 39611 633304 260442 372862 1079622 REPLACEMENT RESERVE 270987 OPERATING LEASE RIGHT-OF-USE ASSET 102977 MORTGAGE ESCROW 38319 TENANT SECURITY DEPOSITS 30648 OPERATING RESERVE 19675 RESIDUAL RECEIPTS RESERVE 138 462744 OPERATING LEASE LIABILITY 106471 TENANT SECURITY DEPOSITS 30647 137118 1082652 1082652 1082652 873951 873951 873951 FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION HAS ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH NEWBURY MANAGEMENT COMPANY UNDER WHICH THE ORGANIZATION IS OBLIGATED TO PAY A PROPERTY MANAGEMENT FEE EQUAL TO 6.00% OF GROSS RESIDENTIAL RENTS AND MISCELLANEOUS INCOME COLLECTED. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS SIGNED AND FILED BY THE BOARD PRESIDENT. HOWEVER, THERE IS A FORMAL REVIEW OF THE AUDIT REPORT, WHEREBY ALL BOARD MEMBERS ARE PRESENT. FINANCIAL INFORMATION USED IN THE PREPARATION OF THE FORM 990 COMES DIRECTLY FROM THE FINAL AUDIT REPORT AND ITS DISCLOSURES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND SIGNED COPIES OF TAX RETURNS ARE KEPT BY NEWBURY MANAGEMENT COMPANY, AT 3408 WOODLAND AVE., SUITE 504, WEST DES MOINES, IA 50266, AND MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS. DAVENPORT LEND-A-HAND INC 401 WEST THIRD STREET DAVENPORT IA 52801 420208260 SUPPORT IA 501C3 12B DAVENPORT true false false true false false false false false false false true false false false false false false false false SCHEDULE R PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: DAVENPORT LEND-A-HAND, INC. PRIMARY ACTIVITY: ELDERLY ASSISTANCE VIA SUPPORT OF DAVENPORT LEND-A-HAND HOUSING CORPORATION DIRECT CONTROLLING ENTITY: DAVENPORT LEND-A-HAND HOUSING CORPORATION