2024-11-08T19:04:56-05:00 2023-12-31 920127098 ELGEE REHFELD LLC 9309 GLACIER HWY STE B200 JUNEAU AK 998019300 990 2023-01-01 311698129 JUNEAU HOUSING TRUST INC JUNE 9075861901 PO BOX 32045 JUNEAU AK 99803 STEPHEN SORENSEN BOARD PRESIDENT 9075861901 2024-10-08 true false JANELLE ANDERSON P01466741 9077893178 2024-11-06 2023 2024-10-15 13:58:12Z TAMARA ROWCROFT PO BOX 32045 JUNEAU AK 99803 25277 false X X 1999 AK DEVELOP OPPORTUNITIES FOR AFFORDABLE HOMEOWNERSHIP IN JUNEAU. 4 3 0 4 0 0 76120 25277 17334 0 0 93454 25277 0 0 0 0 0 43237 30320 43237 30320 50217 -5043 1175951 1139189 220824 189105 955127 950084 X THE PURPOSE OF THE CORPORATION SHALL BE, AS A COMMUNITY LAND TRUST, TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE-INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THE RESIDENTS ON A LONG-TERM BASIS, TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING AND TO PROMOTE THE DEVELOPMENT, REHABILITATION, AND MAINTENANCE OF DECENT HOUSING FOR LOW-INCOME JUNEAU RESIDENTS. false false 24987 25277 THE SECOND PHASE OF THE NSP GRANT IS TO UTILIZE THE "PROGRAM INCOME", THE FUNDS REALIZED BACK INTO THE JUNEAU HOUSING TRUST AFTER THE RESALE OF THE TWO HOMES TO THE LOW INCOME HOMEBUYERS. THIS PHASE WAS TO PURCHASE UNIMPROVED BUILDING LOTS AND CONTRACT WITH THE LOCAL SCHOOL DISTRICT TO HAVE THEM CONSTRUCT SMALL ENERGY EFFICIENT HOMES WITH THE HIGH SCHOOL CONSTRUCTION CLASS AND THE LOCAL UNIVERSITY OF ALASKA THESE HOMES WILL THEN BE SOLD TO PROGRAM AND INCOME QUALIFIED HOMEBUYERS. 2274 THE JUNEAU HOUSING TRUST SETS THE RESALE PRICE OF ANY HOME IN THE COMMUNITY LAND TRUST, ENSURING ITS AFFORDABILITY FOR EACH SUCCESSIVE HOME BUYER UNDER ITS RESALE FORMULA, THE HOMEOWNER, WHEN THE HOME IS SOLD, RECEIVES ALL THE MONEY OR EQUITY THEY HAVE PAID OFF THE HOME MORTGAGE, PLUS 25% OF THE APPRECIATED VALUE OF THE HOME. PUT ANOTHER WAY, THE SELLER RECEIVES 25% OF THE DIFFERENCE IN APPRECIATION OF THE HOME. 27261 true false false false false false false false false false true false false 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 false false true false false false true 2 0 true 0 false false false false false false false false false false false false X 4 3 false false false false false false false true false false false false true false false false true false false false X JUNEAU HOUSING TRUST 9075861901 PO BOX 30245 JUNEAU AK 99803 STEPHEN SORENSEN BOARD PRESID 2.00 X X 0 0 0 TAMARA ROWCROFT BOARD VP/TRE 5.00 37.50 X X 0 134837 0 MARY BERNADETTE BLANKENSHIP BOARD MEMBER 1.00 X 0 0 0 MINERVA CARANDANG BOARD MEMBER 1.00 X 0 0 0 134837 false false false PROPERTY MAINTENANCE FEES 531390 25277 25277 25277 25277 25277 1599 1599 486 486 27261 27261 974 974 30320 27261 3059 0 109748 44062 6397 1088730 1066203 1088730 1175951 1139189 32405 686 141429 45429 46990 142990 220824 189105 X 955127 950084 955127 950084 1175951 1139189 -5043 X false false false X 300 700 1500 2500 31764 92985 45150 76120 25277 271296 32064 93685 46650 76120 25277 273796 273796 3 2 5 3 2 5 32067 93687 46650 76120 25277 273801 1.00000 0.99980 0.00000 0.00000 X 702816 702816 385914 385914 1088730 LOAN PAYABLE - RELATED PARTY 142990 142990 FORM 990 - ORGANIZATION'S MISSION THE PURPOSE OF THE CORPORATION SHALL BE, AS A COMMUNITY LAND TRUST, TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE-INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THE RESIDENTS ON A LONG-TERM BASIS, TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING AND TO PROMOTE THE DEVELOPMENT, REHABILITATION, AND MAINTENANCE OF DECENT HOUSING FOR LOW-INCOME JUNEAU RESIDENTS. FORM 990, PAGE 6, PART VI, LINE 8B NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S PRESIDENT AND VICE PRESIDENT BOTH REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. A COPY OF THE FILED 990 IS PROVIDED TO THE FULL BOARD AS WELL. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST. ALASKA HOUSING DEVELOPMENT CORPORAT 1800 NORTHWOOD DRIVE JUNEAU AK 99801 237121924 HOUSING AK 501C4 N/A false false false false false true false false false false false false false false false false false false false false ALASKA HOUSING DEVELOPMENT CORP E 96000 CASH