2025-05-05T10:20:01-05:00 2024-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2023-07-01 840879892 HOUSING RESOURCES OF WESTERN COLORADO HOUS 9702412871 524 30 RD 3 GRAND JUNCTION CO 81504 EMILEE POWELL EXECUTIVE DIRECTOR 9702412871 2025-05-01 1 1 KYLE FRITCH CPA P01313374 9702238825 2025-04-25 2023 2025-03-06 01:10:19Z EMILEE POWELL 524 30 RD 3 GRAND JUNCTION CO 81504 8589299 0 X WWW.HRWCO.ORG X 1982 CO TO PROVIDE AFFORDABLE HOUSING AND TO PROMOTE THE WISE AND SUSTAINABLE USE OF THE EARTH'S RESOURCES. 8 8 63 50 65839 0 6131305 5983396 2036963 2175358 206720 53719 0 0 8374988 8212473 43224 0 0 0 2878483 3322931 0 0 151008 4514894 4457464 7436601 7780395 938387 432078 12867778 13221382 3999008 3920534 8868770 9300848 X TO PROVIDE AFFORDABLE HOUSING AND TO PROMOTE THE WISE AND SUSTAINABLE USE OF THE EARTH'S RESOURCES. 0 0 3694039 WEATHERIZATION PROVIDES ENERGY EFFICIENCY IMPROVEMENTS TO LOW INCOME HOUSEHOLDS, AS WELL AS EMERGENCY NO-HEAT AND OTHER CRISIS REPAIRS. THE TEAM IMPROVES ABOUT 275 HOMES A YEAR AND ACHIEVES A 35% AVERAGE IMPROVEMENT ON THE AIR LEAKAGE FOR WEATHERIZED HOMES. SINCE 1995, WE HAVE WEATHERIZED ABOUT 7,500 HOMES AND THE AVERAGE INCOME OF A WEATHERIZATION CLIENT IS ABOUT $20,000 ANNUALLY. 2348141 2040966 RENTAL PROPERTY MANAGEMENT OWNS AND MANAGES 181 UNITS OF AFFORDABLE RENTAL HOUSING IN MESA COUNTY AND WORKS WITH A VARIETY OF FUNDING SOURCES TO HOLD RENTS WELL UNDER MARKET RATE. OUR PROPERTIES ARE HOME TO FAMILIES RANGING FROM EXTREMELY LOW INCOME TO MODEST INCOME AND WE TAKE PRIDE IN MAINTAINING THE HOMES TO HIGH STANDARDS. 700215 LENDING PROVIDES LOANS FOR BOTH HOME IMPROVEMENT AND HOME PURCHASE WITH LOW COSTS AND FLEXIBLE TERMS. THE LOANS ARE COMBINED WITH COACHING FROM THE HOUSING COUNSELING TEAM AS WELL AS CONSTRUCTION MANAGEMENT SERVICES. WE HAVE MADE ALMOST 400 HOME IMPROVEMENT LOANS SINCE 1991. OUR DOWNPAYMENT ASSISTANCE LOAN PROGRAM WAS JUST LAUNCHED IN JANUARY 2024 AND SINCE THEN HAS MADE 42 HOME PURCHASE ASSISTANCE LOANS. 166735 68553 HOUSING COUNSELING AND EDUCATION PROVIDES FREE INDIVIDUAL COACHING AND GROUP CLASSES ON ALL HOUSING-RELATED TOPICS, INCLUDING PRE-PURCHASE, FORECLOSURE PREVENTION, RENTAL, EVICTION PREVENTION, AND REVERSE MORTGAGE COUNSELING. THE HUD-CERTIFIED COUNSELORS PROVIDE MORE THAN 500 INDIVIDUAL SESSIONS A YEAR. WE TEACH THE 8-HOUR HOMEBUYER EDUCATION CLASS TO ALMOST 1,000 HOUSEHOLDS A YEAR AND PROVIDE ADDITIONAL WORKSHOPS ON TOPICS SUCH AS FINANCIAL FITNESS AND RENTER EDUCATION. HOUSING DEVELOPMENT AND SELF HELP ADDS TO THE INVENTORY OF AFFORDABLE HOMES IN OUR REGION THROUGH VARIOUS STRATEGIES INCLUDING LAND DEVELOPMENT, DIRECT CONSTRUCTION, AND SWEAT EQUITY BUILDS. THE TEAM IS CURRENTLY WORKING ON FIVE FOR-SALE PROJECTS IN MESA, MONTROSE AND GARFIELD COUNTIES AS WELL AS A LARGE AFFORDABLE RENTAL PROJECT IN CLIFTON. OUR WORK ON THE SELF HELP HOMEOWNERSHIP PROGRAM HAS CREATED MORE THAN 400 NEW HOMES SINCE 1997. 166735 68553 6909130 1 1 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 1 1 1 0 0 0 1 60 0 1 63 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 1 1 CO X X SHAWNA ALLEN 9702412871 524 30 RD STE 3 GRAND JUNCTION CO 81504 IVY WILLIAMS BOARD PRESIDENT 1.00 1.00 X X 0 0 0 STEPHANIE REECY VICE PRESIDENT 1.00 1.00 X X 0 0 0 ANNETTE PFEFFER TREASURER 1.00 1.00 X X 0 0 0 KEITH FIFE SECRETARY 1.00 1.00 X X 0 0 0 JOE CARTER BOARD MEMBER 1.00 1.00 X 0 0 0 LINDA DANNENBERGER BOARD MEMBER 1.00 1.00 X 0 0 0 KARIN WALKER BOARD MEMBER (AS OF MAY '24) 1.00 1.00 X 0 0 0 JON BURNHAM BOARD MEMBER (AS OF APR '24) 1.00 1.00 X 0 0 0 EMILEE POWELL EXECUTIVE DIRECTOR 40.00 1.00 X 96200 0 26688 SHAWNA ALLEN ACCOUNTING DIRECTOR 40.00 1.00 X 61726 0 2791 157926 0 29479 0 0 0 0 ATLASTA SOLAR CENTER S 7TH STREET GRAND JUNCTION CO 81501 SOLAR INSTALLATION 468562 SAFE SPACE BUILDERS LEGACY WAY GRAND JUNCTION CO 81503 CONSTUCTION 264961 BRO'S ROOFING EAST MAIN ST GRAND JUNCTION CO 81501 ROOF REPAIR/REPLACEMENT 225275 VALLEY PLUMBING S 7TH STREET GRAND JUNCTION CO 81501 PLUMBING REPAIR/INSTALLATION 215591 FORVIS LLP PO BOX 200870 DALLAS TX 75320 ACCOUNTING SERVICES 167819 5 5686633 296763 5983396 RENTAL INCOME 531110 2022822 1956983 65839 CAM INCOME 531390 83983 83983 68553 68553 2175358 31623 31623 398922 376826 22096 22096 22096 8212473 2109519 65839 53719 X 200622 148025 46360 6237 2293920 2062165 163951 67804 46046 37214 7621 1211 592258 475516 100856 15886 190085 152244 32740 5101 6701 4883 1699 119 181518 132268 46034 3216 1255085 1235160 18352 1573 34032 2322 2836 28874 241837 66715 173518 1604 299288 296706 2582 127306 124983 2133 190 109631 109631 423453 416629 6824 231004 189734 38040 3230 PROGRAM MATERIALS AND S 1047128 1024592 22256 280 REPAIRS AND MAINTENANCE 240577 230732 8004 1841 EQUIPMENT RENTAL 96279 63083 26761 6435 163625 136528 19690 7407 7780395 6909130 720257 151008 2735096 2505933 676443 976008 65032 60411 2415200 1981720 165080 220510 227117 84450 15143068 9166854 5973874 5976214 609936 1416136 12867778 13221382 457342 807800 181381 235064 449153 134965 2839356 2656663 71776 86042 3999008 3920534 X 4585800 3292813 4282970 6008035 8868770 9300848 12867778 13221382 432078 0 X 0 1 X 0 1 1 X 3145111 3856180 4204559 6131305 5983396 23320551 3145111 3856180 4204559 6131305 5983396 23320551 23320551 24789 21944 23724 12804 31623 114884 2559 2559 23437994 9142329 0.99500 0.98480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1136191 1136191 12211815 7938715 4273100 1673732 1224428 449304 121330 3711 117619 5976214 PROPERTY HELD FOR DEVELOPMENT, REHABILITATION AND SALE 1416136 1416136 SECURITY DEPOSITS 84239 DUE TO AFFILIATE 1803 86042 X 8212473 0 8212473 0 8212473 7780395 0 7780395 0 7780395 PART IV, LINE 2B: HOUSING RESOURCES MANAGES CONSTRUCTION LOAN FUNDS, IN A CUSTODIAL CAPACITY, ON BEHALF OF SELF HELP HOMEOWNERSHIP PROGRAM PARTICIPANTS. THE ARRANGEMENT FACILITATES CLIENT CONSTRUCTION WITH LOAN ADMINISTRATION AS DIRECTED UNDER USDA RURAL DEVELOPMENT FINANCING AGREEMENTS AND CLIENT-APPROVED ACTIVITIES. THE SELF HELP HOMEOWNERSHIP PROGRAM COUPLES EXTERNAL FINANCING AND CONSTRUCTION WITH LOAN SERVICING, SUPERVISION, AND TRAINING TO HELP CLIENTS BUILD EQUITY AND LOWER THEIR MONTHLY COSTS OF OWNERSHIP. PART X, LINE 2: WE BELIEVE THAT EACH ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. WE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. OUR FORMS 990, 990T AND OTHER INCOME TAX FILINGS REQUIRED BY STATE OR LOCAL TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2021. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED FOR FILING BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND DIRECTORS SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR AND ARE REQUIRED TO SELF DISCLOSE ANY CONFLICTS. THE OFFICE MANAGER RETAINS THE STATEMENTS. IF DISCUSSION IS NEEDED TO DETERMINE IF A CONFLICT EXISTS, THE BOARD OF DIRECTORS DISCUSSES IF A CONFLICT EXISTS. THEY BOARD OF DIRECTORS WOULD DETERMINE HOW TO REASONABLY ADDRESS THE CONFLICT. THE PARTY INVOLVED IN THE CONFLICT WOULD RECUSE THEMSELVES FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD APPROVES THE ANNUAL COMPENSATION OF THE EXECUTIVE DIRECTOR ONCE PER YEAR UPON HER PERFORMANCE EVALUATION IN EXECUTIVE SESSION BY THE FULL BOARD OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND IN PERSON AT THE OFFICES UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 14,291. MANAGEMENT AND GENERAL EXPENSES 16,751. FUNDRAISING EXPENSES 1,170. TOTAL EXPENSES 32,212. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,220,869. MANAGEMENT AND GENERAL EXPENSES 1,601. FUNDRAISING EXPENSES 403. TOTAL EXPENSES 1,222,873. GVAH LIMITED PARTNERSHIP 524 30 RD STE 3 GRAND JUNCTION CO 81504 010600420 RENTAL REAL ESTATE CO 1234620 3932922 HOUSING RESOURCES OF WESTERN COLORADO GRAND VALLEY APARTMENTS LIMITED PARTNERSHIP 524 30 RD STE 3 GRAND JUNCTION CO 81504 840879892 RENTAL REAL ESTATE CO 460938 971372 HOUSING RESOURCES OF WESTERN COLORADO JAYLEE PROPERTIES LLC 524 30 RD STE 3 GRAND JUNCTION CO 81504 473290796 RENTAL REAL ESTATE CO 0 0 HOUSING RESOURCES OF WESTERN COLORADO PHOENIX LLP 524 30 RD STE 3 GRAND JUNCTION CO 81504 201765929 REAL ESTATE RENTAL CO 64374 391665 HOUSING RESOURCES OF WESTERN COLORADO COMACT HOUSING CORPORATION 524 30 ROAD STE 3 GRAND JUNCTION CO 81504 840611095 LOW-INCOME HOUSING CO 501(C)(4) N/A HOUSING RESOURCES OF WESTERN COLORADO 1 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 COMACT HOUSING CORPORATION C 703448 COST