2026-06-03T19:07:27-04:00 2025-12-31 203746583 TAYLOR ROTH AND COMPANY 1580 LINCOLN ST STE 520 DENVER CO 802031517 990 2025-01-01 841476894 THE INN BETWEEN OF LONGMONT INC INNB 3036840810 515 KIMBARK ST SUITE 107 LONGMONT CO 80501 TIMOTHY RAKOW EXECUTIVE DIRECTOR 3036840810 2026-06-03 true KEN ROTH P01389203 3038308109 2026-06-03 2025 2025-03-06 01:10:19Z TIMOTHY RAKOW 515 KIMBARK ST SUITE 107 LONGMONT CO 80501 4028896 false X WWW.THEINNBETWEEN.ORG X 1993 CO TO PROVIDE AFFORDABLE HOUSING AND PROMOTE STABILITY TO DIVERSE FAMILIES AND INDIVIDUALS BY UTILIZING COMMUNITY RESOURCES, SUPPORT SERVICES, ADVOCACY, AND LIFE SKILL TRAINING. 10 10 13 36 0 2722403 2909320 984065 1035340 23013 11236 13776 64326 3743257 4020222 0 0 968157 1071880 0 193634 1109108 1195678 2077265 2267558 1665992 1752664 6475202 12916646 2260164 6937462 4215038 5979184 X TO PROVIDE AFFORDABLE HOUSING AND PROMOTE STABILITY TO DIVERSE FAMILIES AND INDIVIDUALS BY UTILIZING COMMUNITY RESOURCES, SUPPORT SERVICES, ADVOCACY, AND LIFE SKILL TRAINING. false false 1860357 1035340 THE INN BETWEEN VIEWS STABLE HOUSING AS THE FOUNDATION FOR FUTURE GROWTH AND SUPPLEMENTAL SUPPORTIVE SERVICES AS THE EDIFICE FOR LONG-TERM STABILITY. AFFORDABLE HOUSING IS A CRITICAL COMPONENT OF CREATING THRIVING, VIBRANT COMMUNITIES, BUILDING STRONG FAMILIES, AND RECONCILING RACIAL INEQUITIES IN WEALTH, HEALTH, AND EDUCATION. AFFORDABILITY MEANS THAT HOUSING COSTS ARE 30% AMI. ACCORDING TO NUMEROUS STUDIES AND PROMOTED LARGELY BY HUD, QUALITY, STABLE HOUSING, IS A FOUNDATION FOR SELF-SUFFICIENCY. CHILDREN PERFORM BETTER IN SCHOOL, IT CAN ALLOW ADULTS TO RE-ENTER THE WORKFORCE, PURSUE HIGHER EDUCATION, AND DEVELOP NEW SKILLS. -------------------- CONTINUED ON SCHEDULE O ---------------------- 1860357 true true false false false false false false false true true false false false true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 17 0 true 13 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true false false X X X THE INN BETWEEN LONGMONT INC 3036840810 515 KIMBARK ST SUITE 107 LONGMONT CO 80501 TIMOTHY RAKOW EXECUTIVE DI 40.00 X 138513 0 15038 CHRIS RAY PRESIDENT 5.00 X X 0 0 0 KELLI SMITH VICE PRESIDE 5.00 X X 0 0 0 ANNE MARIE POLICH SECRETARY 5.00 X X 0 0 0 DOUG SCHMIDT TREASURER 5.00 X X 0 0 0 FRANCESCA SALAZAR-SALAS BOARD MEMBER 5.00 X 0 0 0 CHAD RENNICKE BOARD MEMBER 5.00 X 0 0 0 ELDON MAST BOARD MEMBER 5.00 X 0 0 0 NORMA ALBA BOARD MEMBER 5.00 X 0 0 0 ANDREA LUNZER BOARD MEMBER 5.00 X 0 0 0 JUSTIN SUTHERLAND BOARD MEMBER 5.00 X 0 0 0 TYRONE BRANCH JR BOARD MEMBER 5.00 X 0 0 0 JESSE TURNER BOARD MEMBER 5.00 X 0 0 0 MALIK SOMMERS BOARD MEMBER 5.00 X 0 0 0 138513 15038 1 false true false 1863317 1046003 2909320 RENTAL INCOME 532000 1035340 1035340 1035340 11236 11236 59387 8674 50713 50713 ALL OTHER 900099 13613 13613 13613 4020222 1048953 61949 153551 114227 17766 21558 712558 530052 82425 100081 20025 14896 2317 2812 109658 81574 12688 15396 76088 56597 8799 10692 31417 31417 59008 59008 42242 28436 13806 24733 18398 2862 3473 66775 49673 7724 9378 383629 368270 8556 6803 102755 102755 303239 303239 128747 115871 7726 5150 DUES & SUBSCRIPTIONS 21321 15860 2467 2994 TENANT EXPENSES 11301 11301 STAFF DEVELOPMENT 10618 7898 1229 1491 BAD DEBTS 9893 9893 2267558 1860357 213567 193634 1432628 1130198 800000 182178 46937 41184 6115 6517 15049196 3557524 4024759 11491672 164763 64897 6475202 12916646 103716 496091 2095446 4595890 61002 1845481 2260164 6937462 X 2435362 5932923 1779676 46261 4215038 5979184 6475202 12916646 1752664 11482 X false true X true true true X 728867 973116 1159808 2722403 2909320 8493514 728867 973116 1159808 2722403 2909320 8493514 1006572 7486942 699 2489 11901 23013 11236 49338 8542852 4544501 0.87640 0.85160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 148837 2000 11482 -146427 15892 109689 27832 11316 148837 63232 36207 10250 109689 67738 3989 -8495 63232 32612 30890 4236 67738 1.00000 true false 2328600 2328600 12714997 3551925 9163072 5599 5599 11491672 FORGIVABLE LOAN 1750000 OFFICE LEASE OBLIGATION 49005 SECURITY DEPOSITS - TENANTS:SECURITY 46476 1845481 4031704 11482 11482 4020222 4020222 2267558 2267558 2267558 SCHEDULE D, PAGE 2, PART V, LINE 4 CONTRIBUTIONS ARE HELD IN PERPETUITY. THE ORGANIZATION MAY TAKE AN ANNUAL DISTRIBUTION OF UP TO 4% OF THE FUND. IN AN EMERGENCY, WITH A 3/4 VOTE OF THE BOARD OF DIRECTORS, THE ORGANIZATION COULD CHOOSE TO TAKE A HIGHER DISTRIBUTION, OR TERMINATE THE FUND. GOLF TOURNAMENT 59387 59387 8674 59387 59387 8674 8674 50713 X X false false false false false false false false false TIMOTHY RAKOW EXECUTIVE DIRECTOR 138513 5201 9837 153551 FORM 990, PAGE 1, PART I, LINE 6 IN 2025, 36 INDIVIDUALS CONTRIBUTED 744 HOURS OF TIME FOR A TOTAL VALUE OF 25,883.76 BASED ON 34.79 PER HOUR ACCORDING TO THE 2025 COLORADO INDEPENDENT SECTOR'S VALUE OF VOLUNTEER TIME. 2025 IN-KIND MATERIAL AND SERVICES ARE VALUED AT 40,000. FORM 990, PART III FOR 31 YEARS, THE INN BETWEEN (TIB) HAS LED THE CHARGE IN COMBATING HOMELESSNESS IN THE ST. VRAIN VALLEY. INITIALLY, OPERATING UNDER FAMILY EXTENSIONS, TIB WAS ESTABLISHED IN 1993 BY 23 COMMUNITY AGENCIES AIMING TO PROVIDE AFFORDABLE HOUSING AND SUPPORT SERVICES TO BREAK THE CYCLE OF HOMELESSNESS. IT GAINED INDEPENDENT 501(C)(3) STATUS IN 1999. WHAT STARTED WITH 31 UNITS HAS GROWN TO 87 UNITS ACROSS SIX BUILDINGS IN LONGMONT. THE INN BETWEEN SERVES LOW-INCOME INDIVIDUALS AND FAMILIES BY PROVIDING NOT ONLY AFFORDABLE HOUSING BUT ALSO COMPREHENSIVE, INDIVIDUALIZED SUPPORT SERVICES DESIGNED TO PROMOTE LONG-TERM STABILITY, ECONOMIC INDEPENDENCE, AND SELF-SUFFICIENCY. OUR HOUSING PROGRAMS ARE STRUCTURED TO MEET THE VARYING NEEDS OF LOW-INCOME HOUSEHOLDS, INCLUDING: PERMANENT HOUSING (PH): PROVIDES LONG-TERM, AFFORDABLE HOUSING FOR SENIORS, INDIVIDUALS WITH DISABILITIES, AND THOSE WITH COMPLEX NEEDS, ALONG WITH GUIDANCE TO ESSENTIAL THERAPEUTIC SUPPORTS. NEXT STEP HOUSING (NSH): PROVIDES LONG-TERM, AFFORDABLE HOUSING WITH INTEGRATED CAPACITY-BUILDING ACTIVITIES THAT PROMOTE ECONOMIC MOBILITY. RE-ENTRY HOUSING (REH): SHORT-TERM HOUSING THAT HELPS INDIVIDUALS TRANSITION SUCCESSFULLY FROM THE JUSTICE SYSTEM OR HOMELESS SHELTERS. WESLEY TOWNHOMES DURING 2022, A LOCAL CHURCH DONATED 0.802 ACRES OF CHURCH LAND TO THE ORGANIZATION. PLANS FOR THE PROPERTY ARE TO CONSTRUCT ELEVEN PERMANENT HOUSING UNITS FOR LOW-INCOME AND AT-RISK INDIVIDUALS, INCLUDING DESIGNATIONS FOR THE ELDERLY AND DISABLED. SEVEN OF THESE UNITS WILL SERVE 40% AMI HOUSEHOLDS, AND FOUR UNITS WILL SERVE 30% AMI HOUSEHOLDS. THESE UNITS ARE CONSIDERED PERMANENT AND ARE NOT LIMITED IN THEIR LENGTH OF TENANCY AND WILL PROVIDE SUPPORT SERVICES FOR UP TO FIFTY ADULTS AND CHILDREN. THIS SITE HAS BEEN IN PROCESS SINCE 2022 AND IS SCHEDULED TO BE COMPLETED BY NOVEMBER OF 2025 WITH AN OVERALL COST OF 5.6 MILLION. 1886 HOVER THE PROJECT AT 1886 HOVER HAS BEEN PURSUED BY THE ORGANIZATION TO BETTER PROVIDE SERVICE TO A LARGER POOL OF MIXED INCOMES WITHIN A MIXED-UNIT SETTING ON 1.37 ACRES OF LAND. PROPOSED IS A 40-UNIT COMMUNITY WITHIN A THREE-STORY BUILDING CONTAINING SEVEN STUDIO UNITS, TWENTY-FOUR ONE-BEDROOM APARTMENTS, AND NINE TWO-BEDROOM APARTMENTS. EACH UNIT WILL CONTAIN ONE BATHROOM AND A FULLY FUNCTIONING KITCHEN. THE APARTMENT RENTAL PRICING WILL SPAN FROM 20% TO 60% AMI, WITH AN OVERALL AVERAGE OF 43.75%. ADDITIONALLY, THE PROPERTY WILL CONTAIN OTHER AMENITIES SUCH AS STORAGE LOCKERS, A MULTIPURPOSE COMMUNITY ROOM, AND AN EDUCATION/TRAINING CENTER THAT WILL COME AT NO EXTRA COST TO RESIDENTS. THERE WILL ALSO BE LAUNDRY MACHINES, A COMMUNITY GARDEN, AND A SMALL PLAYGROUND OFFERED TO THE RESIDENTS OF THE COMMUNITY. THE ORGANIZATION INTENDS TO USE A PORTION OF THE COMMERCIAL SPACE FOR ITS PERMANENT CORPORATE OFFICE, WHICH WILL AMOUNT TO AROUND 2,000 SQUARE FEET. ZONING AND SITE PLANNING OCCURRED IN 2023 AND WITH IT, THE ARCHITECTURAL DESIGN AND CIVIL ENGINEERING WORK WERE COMPLETED. THE SITE LOCATION IS CURRENTLY UNDER A CONTRACT TO BUY, WHICH ALSO INCLUDES THE ENTITLEMENT WORK PREVIOUSLY DONE BY THE OWNERSHIP. THE FINANCING REQUIRED TO CLOSE ON THE LAND PURCHASE (VALUED AT 2.25 MILLION) IS EXPECTED TO BE THROUGH TWO KEY PARTNERSHIPS, IN ADDITION TO THE CHFA LAND BANKING FUNDING, WHICH COVERS OVER 75% OF THE PURCHASE. A 400,000 LOW-INTEREST LOAN AND A 100,000 LINE OF CREDIT HAVE BEEN ACQUIRED TO SECURE THE REMAINING FUNDS THROUGH THE CITY OF LONGMONT AND A LOCAL CHURCH, RESPECTIVELY. THE CLOSING OCCURRED IN JULY 2025, WHICH INCLUDED PREVIOUS ENTITLEMENT WORK. THE ORGANIZATION INTENDS TO PURSUE 2026 LIHTC CREDITS. IMMEDIATE GRANT FUNDING WILL BE AGGRESSIVELY PURSUED IN 2025 AND 2026 THROUGH SEEKING LOCAL, COUNTY, AND STATE GRANT FUNDING. WITH CAPITAL GAP FUNDS CONFIRMED, THE CONSTRUCTION IS SET TO TENTATIVELY BEGIN IN 2027. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE AND THE FULL BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES BOARD MEMBERS TO REVIEW AND UPDATE CONFLICT OF INTEREST STATEMENTS ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS THE COLORADO NONPROFIT SALARY AND BENEFITS REPORT TO DETERMINE A REASONABLE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. THE ORGANIZATION STRIVES TO COMPENSATE EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, AT THE MEDIAN FOR GIVEN JOB DESCRIPTIONS. THE BOARD THEN APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST.