2017-11-15T13:47:12-06:00 2016-12-31 920127098 ELGEE REHFELD MERTZ LLC 9309 GLACIER HWY STE B-200 JUNEAU AK 99801 990 2016-01-01 311698129 JUNEAU HOUSING TRUST INC JUNE 9075861901 PO BOX 32045 JUNEAU AK 99803 TAMARA ROWCROFT VICE PRESIDENT 9075861901 2017-11-09 1 ROBERT L REHFELD P00104959 9077893178 2017-11-09 209.112.191.194 2017-11-09 18:52:26 AS P 4DD9CE3E414570805FA5544E295B5D512B797608 C73841EEDDD3B4583429C8B7DEBFAC2DE309FFD6 2016 2017-02-10 21:41:12Z TAMARA ROWCROFT PO BOX 32045 JUNEAU AK 99803 43068 0 X WWW.JUNEAUHOUSINGTRUST.ORG X 1999 AK DEVELOP OPPORTUNITIES FOR AFFORDABLE HOME OWNERSHIP IN JUNEAU. 6 6 0 6 0 0 1000 1000 39634 42040 36 28 0 0 40670 43068 0 0 0 0 0 0 0 0 0 51778 33589 51778 33589 -11108 9479 760470 773410 0 3461 760470 769949 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. 0 0 32007 42040 THE JUNEAU HOUSING TRUST SETS THE RESALE PRICE OF HOMES SOLD IN THE COMMUNITY LAND TRUST WHICH ENSURES IT'S AFFORDABILITY FOR SUCCESSIVE HOME BUYERS. UNDER ITS RESALE FORMULA WHEN THE HOME IS SOLD THE HOMEOWNER RECEIVES A PORTION OF THE EQUITY EQUAL TO THE LOAN PRINCIPAL THEY PAID, PLUS 25% OF THE APPRECIATED VALUE OF THE HOME. PUT ANOTHER WAY, THE SELLER RECEIVES 25% OF THE DIFFERENCE IN APPRECIATION OF THE HOME. THERE WAS ONE RESALE IN 2016. 32007 1 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 X TAMARA ROWCROFT 9075861901 PO BOX 30245 JUNEAU AK 99803 X STEPHEN SORENSEN BOARD PRESIDENT 2.00 X X 0 0 0 TAMARA ROWCROFT BOARD VICE PRESIDENT 5.00 X X 0 0 0 MINERVA CARANDANG BOARD MEMBER 1.00 X 0 0 0 GERALD HALDERMAN BOARD MEMBER 1.00 X 0 0 0 CYNTHIA GLEASON BOARD MEMBER 1.00 X 0 0 0 MARY BERNADETTE BLANKENSHIP BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1000 1000 PROPERTY APPRECIATION 531390 30404 30404 PROPERTY MAINTENANCE F 531390 11636 11636 42040 28 28 43068 42040 0 28 1189 1189 132 132 393 393 997 997 PROGRAM COSTS 22244 22244 PROPERTY MAINTENANCE/TA 8634 8634 33589 32007 1582 0 96993 110240 544 237 385914 385914 277019 277019 277019 760470 773410 3461 0 3461 X 760470 769949 760470 769949 760470 773410 9479 0 X 0 0 0 X 45165 6947 1000 1000 54112 8730 8435 67811 39634 42040 166650 53895 15382 67811 40634 43040 220762 0 0 0 220762 303 251 183 36 28 801 303 251 183 36 28 801 54198 15633 67994 40670 43068 221563 0.99640 0.99370 0.00360 0.00630 X 277019 277019 277019 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION 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, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST.